Northwestern Mutual Wealth Management Co. Invests $5.95 Million in United Natural Foods, Inc. $UNFI

Northwestern Mutual Wealth Management Co. bought a new stake in United Natural Foods, Inc. (NYSE:UNFI - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 130,250 shares of the company's stock, valued at approximately $5,949,000. Northwestern Mutual Wealth Management Co. owned about 0.22% of United Natural Foods as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. BlackRock Inc. purchased a new stake in United Natural Foods during the 2nd quarter valued at about $477,650,000. SG Americas Securities LLC raised its holdings in United Natural Foods by 155.1% in the 1st quarter. SG Americas Securities LLC now owns 1,732,060 shares of the company's stock valued at $78,047,000 after acquiring an additional 1,053,081 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in United Natural Foods in the 2nd quarter valued at about $18,672,000. Trexquant Investment LP purchased a new position in United Natural Foods in the 4th quarter worth approximately $12,885,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in United Natural Foods by 40.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,300,414 shares of the company's stock worth $48,922,000 after purchasing an additional 374,487 shares in the last quarter. 87.63% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on UNFI shares. Wall Street Zen lowered United Natural Foods from a "buy" rating to a "hold" rating in a research report on Sunday, July 12th. BMO Capital Markets reiterated an "outperform" rating and set a $56.00 price objective on shares of United Natural Foods in a research report on Wednesday, June 10th. Zacks Research lowered United Natural Foods from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 3rd. UBS Group upped their target price on United Natural Foods from $44.00 to $47.00 and gave the company a "neutral" rating in a report on Wednesday, June 10th. Finally, Roth Capital reaffirmed a "neutral" rating and issued a $43.00 target price on shares of United Natural Foods in a research note on Wednesday, June 10th. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, United Natural Foods has an average rating of "Hold" and a consensus price target of $47.86.

United Natural Foods Price Performance

NYSE:UNFI opened at $48.14 on Monday. The stock's fifty day moving average is $48.61 and its two-hundred day moving average is $46.41. United Natural Foods, Inc. has a 52 week low of $26.76 and a 52 week high of $57.02. The company has a quick ratio of 0.51, a current ratio of 1.33 and a debt-to-equity ratio of 1.04. The company has a market capitalization of $2.91 billion, a P/E ratio of -72.94 and a beta of 0.84.

United Natural Foods (NYSE:UNFI - Get Free Report) last announced its earnings results on Tuesday, June 9th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.81 by ($0.04). The company had revenue of $7.72 billion for the quarter, compared to analysts' expectations of $7.79 billion. United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.The company's quarterly revenue was down 4.2% compared to the same quarter last year. During the same period last year, the business earned $0.44 EPS. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. Equities analysts expect that United Natural Foods, Inc. will post 2.52 EPS for the current year.

Insider Buying and Selling at United Natural Foods

In related news, insider Mark Bushway sold 10,000 shares of the business's stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total value of $515,600.00. Following the sale, the insider owned 51,119 shares in the company, valued at approximately $2,635,695.64. The trade was a 16.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.40% of the company's stock.

United Natural Foods Profile

United Natural Foods, Inc NYSE: UNFI is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI's core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.

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