United Natural Foods, Inc. $UNFI Position Reduced by Amundi

Key Points

• Amundi reduced its United Natural Foods position by 91.9% in the first quarter, selling 138,085 shares and retaining 12,167 shares valued at $548,000. Other institutions, including AQR Capital, Millennium Management and Goldman Sachs, increased their holdings; institutions collectively own 87.63% of UNFI.
• UNFI’s latest quarterly results fell short of expectations, with adjusted EPS of $0.77 versus an $0.81 consensus and revenue of $7.72 billion versus $7.79 billion. Revenue declined 4.2% year over year, while fiscal 2026 EPS guidance was set at $2.40–$2.60.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and a $47.86 target price. The stock opened at $46.27, down 1.7%, after an insider sold 10,000 shares worth approximately $515,600.

Amundi trimmed its position in United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 91.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,167 shares of the company's stock after selling 138,085 shares during the quarter. Amundi's holdings in United Natural Foods were worth $548,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Brighton Jones LLC acquired a new stake in United Natural Foods during the 4th quarter valued at $656,000. AQR Capital Management LLC boosted its position in shares of United Natural Foods by 52.5% in the first quarter. AQR Capital Management LLC now owns 111,854 shares of the company's stock worth $3,064,000 after buying an additional 38,504 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of United Natural Foods by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,117 shares of the company's stock worth $962,000 after buying an additional 1,703 shares during the period. Millennium Management LLC grew its holdings in shares of United Natural Foods by 58.1% during the first quarter. Millennium Management LLC now owns 332,973 shares of the company's stock valued at $9,120,000 after buying an additional 122,412 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in United Natural Foods by 10.4% during the first quarter. Goldman Sachs Group Inc. now owns 625,481 shares of the company's stock valued at $17,132,000 after buying an additional 58,705 shares during the period. 87.63% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UNFI. Roth Capital reissued a "neutral" rating and issued a $43.00 price objective on shares of United Natural Foods in a research note on Wednesday, June 10th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $47.00 target price on shares of United Natural Foods in a report on Wednesday, June 10th. BMO Capital Markets reissued an "outperform" rating and issued a $56.00 price target on shares of United Natural Foods in a research report on Wednesday, June 10th. Zacks Research cut shares of United Natural Foods from a "strong-buy" rating to a "hold" rating in a report on Monday, August 3rd. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of United Natural Foods in a research report on Monday, July 6th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $47.86.

United Natural Foods Stock Down 1.7%

UNFI opened at $46.27 on Tuesday. The company has a market capitalization of $2.80 billion, a PE ratio of -70.11 and a beta of 0.84. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51. United Natural Foods, Inc. has a fifty-two week low of $24.88 and a fifty-two week high of $57.02. The business has a 50-day moving average of $49.27 and a 200-day moving average of $45.71.

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

United Natural Foods Company 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.

Want to see what other hedge funds are holding UNFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Natural Foods, Inc. (NYSE:UNFI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source