United Natural Foods, Inc. $UNFI Shares Sold by Renaissance Technologies LLC

Key Points

• Renaissance Technologies cut its United Natural Foods position by 69% in the first quarter, selling 86,000 shares and retaining 38,550 shares worth approximately $1.74 million. Institutional investors collectively own 87.63% of UNFI.
• UNFI’s latest quarterly results fell short of expectations, with earnings of $0.77 per share versus the $0.81 consensus estimate and revenue of $7.72 billion versus $7.79 billion expected. Revenue declined 4.2% year over year, while fiscal 2026 EPS guidance is $2.40–$2.60.
• Analyst sentiment is broadly cautious, with an overall “Hold” rating and an average price target of $47.86. Shares recently opened at $47.43, within a 12-month range of $25.15 to $57.02.

Renaissance Technologies LLC cut its position in United Natural Foods, Inc. (NYSE:UNFI - Free Report) by 69.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 38,550 shares of the company's stock after selling 86,000 shares during the quarter. Renaissance Technologies LLC owned about 0.06% of United Natural Foods worth $1,737,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Revisor Wealth Management LLC increased its stake in shares of United Natural Foods by 4.7% in the first quarter. Revisor Wealth Management LLC now owns 6,188 shares of the company's stock valued at $279,000 after purchasing an additional 278 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of United Natural Foods by 4.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,485 shares of the company's stock worth $252,000 after buying an additional 285 shares during the period. Oregon Public Employees Retirement Fund boosted its position in shares of United Natural Foods by 2.1% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,894 shares of the company's stock worth $468,000 after buying an additional 289 shares during the period. Optimize Financial Inc grew its holdings in United Natural Foods by 1.5% in the 4th quarter. Optimize Financial Inc now owns 20,963 shares of the company's stock worth $706,000 after buying an additional 300 shares in the last quarter. Finally, Arax Advisory Partners increased its position in United Natural Foods by 37.4% in the 4th quarter. Arax Advisory Partners now owns 1,102 shares of the company's stock valued at $37,000 after acquiring an additional 300 shares during the period. Institutional investors own 87.63% of the company's stock.

Insider Buying and Selling at United Natural Foods

In related news, insider Mark Bushway sold 10,000 shares of the firm's stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total transaction of $515,600.00. Following the completion of the transaction, the insider owned 51,119 shares of the company's stock, valued at $2,635,695.64. This trade represents a 16.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.40% of the stock is currently owned by company insiders.

United Natural Foods Price Performance

NYSE UNFI opened at $47.43 on Wednesday. United Natural Foods, Inc. has a 12 month low of $25.15 and a 12 month high of $57.02. The firm has a market capitalization of $2.87 billion, a PE ratio of -71.86 and a beta of 0.84. The company's 50 day simple moving average is $49.17 and its 200 day simple moving average is $45.80. 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 (NYSE:UNFI - Get Free Report) last released its earnings results on Tuesday, June 9th. The company reported $0.77 earnings per share for the quarter, missing analysts' consensus estimates of $0.81 by ($0.04). United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.The firm had revenue of $7.72 billion during the quarter, compared to analyst estimates of $7.79 billion. During the same quarter last year, the company earned $0.44 earnings per share. The business's revenue for the quarter was down 4.2% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. As a group, equities research analysts forecast that United Natural Foods, Inc. will post 2.52 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UNFI has been the topic of several recent analyst reports. BMO Capital Markets reaffirmed an "outperform" rating and set a $56.00 target price on shares of United Natural Foods in a research note on Wednesday, June 10th. The Goldman Sachs Group reissued a "neutral" rating and issued a $47.00 price target on shares of United Natural Foods in a research note on Wednesday, June 10th. Roth Capital reissued a "neutral" rating and set a $43.00 price target on shares of United Natural Foods in a report on Wednesday, June 10th. Weiss Ratings restated a "sell (d-)" rating on shares of United Natural Foods in a research note on Monday, July 6th. Finally, Wall Street Zen downgraded shares of United Natural Foods from a "buy" rating to a "hold" rating in a report on Sunday, July 12th. Two research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, United Natural Foods presently has an average rating of "Hold" and an average price target of $47.86.

About United Natural Foods

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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