Victory Capital Management Inc. Has $70.71 Million Stock Holdings in Unifirst Corporation $UNF

Key Points

• Victory Capital Management trimmed its stake in Unifirst (UNF) by 2.2% in Q3, now owning 422,906 shares worth $70.71 million (about 2.28% of the company) after selling 9,514 shares.
• Unifirst reported Q results with EPS of $1.89 (vs. $2.05 expected) and $621.3M revenue, set FY2026 guidance of 6.580–6.980 EPS while analysts project 7.71, and the stock recently jumped ~14.2% to $264.13 (market cap ~$4.77B, P/E ~34.9).
• The company announced a quarterly dividend of $0.365 per share (annualized $1.46, yield ~0.6%), and a VP sold 1,464 shares for about $347,758, leaving insiders with roughly 0.86% ownership.

Victory Capital Management Inc. decreased its stake in Unifirst Corporation (NYSE:UNF - Free Report) by 2.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 422,906 shares of the textile maker's stock after selling 9,514 shares during the quarter. Victory Capital Management Inc. owned 2.28% of Unifirst worth $70,706,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in UNF. Advisors Asset Management Inc. purchased a new stake in shares of Unifirst in the second quarter worth approximately $25,000. Parkside Financial Bank & Trust lifted its holdings in Unifirst by 285.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 135 shares of the textile maker's stock worth $25,000 after purchasing an additional 100 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Unifirst by 378.1% in the second quarter. EverSource Wealth Advisors LLC now owns 153 shares of the textile maker's stock worth $29,000 after buying an additional 121 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Unifirst by 474.1% in the first quarter. Geneos Wealth Management Inc. now owns 155 shares of the textile maker's stock worth $27,000 after buying an additional 128 shares during the last quarter. Finally, Cornerstone Planning Group LLC bought a new stake in shares of Unifirst during the 3rd quarter worth $36,000. 78.17% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Unifirst

In related news, VP David Martin Katz sold 1,464 shares of the company's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $237.54, for a total value of $347,758.56. Following the sale, the vice president owned 6,461 shares of the company's stock, valued at $1,534,745.94. The trade was a 18.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.86% of the company's stock.

Unifirst Stock Up 14.2%

Shares of UNF opened at $264.13 on Friday. The stock's 50-day moving average price is $215.35 and its 200 day moving average price is $185.47. Unifirst Corporation has a 12-month low of $147.66 and a 12-month high of $271.35. The firm has a market capitalization of $4.77 billion, a price-to-earnings ratio of 34.94 and a beta of 0.69.

Unifirst (NYSE:UNF - Get Free Report) last released its quarterly earnings data on Wednesday, January 7th. The textile maker reported $1.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.05 by ($0.16). The firm had revenue of $621.32 million for the quarter, compared to the consensus estimate of $615.23 million. Unifirst had a net margin of 5.70% and a return on equity of 6.68%. The business's revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.31 earnings per share. Unifirst has set its FY 2026 guidance at 6.580-6.980 EPS. Equities research analysts expect that Unifirst Corporation will post 7.71 EPS for the current year.

Unifirst Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 6th will be issued a dividend of $0.365 per share. This represents a $1.46 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, March 6th. Unifirst's dividend payout ratio (DPR) is presently 19.31%.

Wall Street Analyst Weigh In

Several research analysts recently commented on UNF shares. Weiss Ratings reiterated a "hold (c)" rating on shares of Unifirst in a report on Wednesday, January 21st. UBS Group lifted their price objective on Unifirst from $182.00 to $206.00 and gave the stock a "neutral" rating in a research note on Thursday, January 8th. Zacks Research raised Unifirst from a "strong sell" rating to a "hold" rating in a research report on Monday, December 22nd. Finally, Robert W. Baird set a $198.00 target price on Unifirst in a research note on Thursday, January 8th. Four investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, Unifirst has a consensus rating of "Reduce" and a consensus price target of $181.00.

About Unifirst

UniFirst Corporation NYSE: UNF is a leading provider of customized uniform rental and facility service programs in North America and Europe. The company specializes in the rental, laundering and maintenance of workwear, corporate apparel and protective garments for a broad range of industries, including manufacturing, automotive, hospitality, healthcare and food processing. UniFirst also offers a suite of facility service products such as entrance mats, restroom supplies, wipers, mops and hygienic services designed to help customers maintain clean and safe environments.

In addition to its core uniform rental business, UniFirst has expanded its product portfolio to include safety and first-responder gear, flame-resistant clothing, high-visibility apparel and personal protective equipment (PPE).

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