Reliant Investment Partners LLC Acquires New Position in US Foods Holding Corp. $USFD

Key Points

• Reliant Investment Partners acquired 9,705 US Foods shares worth approximately $992,000 in the second quarter. Institutional investors and hedge funds collectively own 98.76% of the company.
• US Foods reported quarterly earnings of $1.44 per share, beating estimates by $0.08, while revenue reached $10.53 billion, up 4.5% year over year. The stock opened at $108.37 and recently traded near its 12-month high of $111.42.
• Analysts maintain a “Moderate Buy” consensus, with 11 Buy ratings and four Holds and an average price target of $113.92. Several firms recently raised their targets to between $120 and $125, although insiders also sold shares in August.

Reliant Investment Partners LLC acquired a new position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 9,705 shares of the company's stock, valued at approximately $992,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of US Foods in the second quarter valued at about $2,131,439,000. Boston Partners raised its stake in US Foods by 0.5% during the fourth quarter. Boston Partners now owns 16,203,880 shares of the company's stock worth $1,222,537,000 after purchasing an additional 73,656 shares during the period. Wellington Management Group LLP boosted its holdings in US Foods by 7.0% in the 4th quarter. Wellington Management Group LLP now owns 13,780,526 shares of the company's stock valued at $1,037,949,000 after purchasing an additional 904,556 shares during the last quarter. Capital World Investors grew its position in US Foods by 10.3% in the fourth quarter. Capital World Investors now owns 12,862,100 shares of the company's stock worth $968,773,000 after acquiring an additional 1,197,360 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of US Foods by 8.6% during the 3rd quarter. Invesco Ltd. now owns 8,164,062 shares of the company's stock worth $625,530,000 after purchasing an additional 649,950 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.

Insider Activity

In other US Foods news, insider Randy J. Taylor sold 11,630 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the completion of the sale, the insider directly owned 73,618 shares of the company's stock, valued at approximately $8,125,218.66. This trade represents a 13.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $108.29, for a total value of $2,355,740.66. Following the completion of the transaction, the insider owned 101,144 shares in the company, valued at $10,952,883.76. This trade represents a 17.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.74% of the company's stock.

US Foods Stock Up 0.8%

USFD stock opened at $108.37 on Friday. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $111.42. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70. The company has a market cap of $23.44 billion, a price-to-earnings ratio of 33.34, a price-to-earnings-growth ratio of 1.37 and a beta of 0.81. The company has a fifty day moving average price of $100.64 and a 200 day moving average price of $93.63.

US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.44 EPS for the quarter, beating analysts' consensus estimates of $1.36 by $0.08. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The company had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.46 billion. During the same period in the previous year, the business posted $1.19 earnings per share. US Foods's quarterly revenue was up 4.5% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Sell-side analysts expect that US Foods Holding Corp. will post 4.41 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on USFD shares. Wells Fargo & Company lifted their price objective on US Foods from $110.00 to $125.00 and gave the company an "overweight" rating in a research note on Friday, August 7th. Weiss Ratings reissued a "buy (b)" rating on shares of US Foods in a research note on Wednesday, July 29th. Guggenheim raised their target price on US Foods from $115.00 to $120.00 and gave the company a "buy" rating in a report on Friday, August 7th. JPMorgan Chase & Co. dropped their target price on US Foods from $98.00 to $90.00 and set a "neutral" rating for the company in a research report on Thursday, May 14th. Finally, BTIG Research boosted their price target on shares of US Foods from $105.00 to $120.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, US Foods currently has a consensus rating of "Moderate Buy" and an average target price of $113.92.

US Foods Profile

US Foods NYSE: USFD is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.

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