Rep. Josh Gottheimer Sells Off Shares of UFP Industries, Inc. (NASDAQ:UFPI)

Representative Josh Gottheimer (D-New Jersey) recently sold shares of UFP Industries, Inc. NASDAQ: UFPI. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in UFP Industries stock on April 9th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of RTX NYSE: RTX on 4/23/2025.
• Purchased $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Techtronic Industries OTCMKTS: TTNDY on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Tri Pointe Homes NYSE: TPH on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 4/17/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/17/2025.

UFP Industries Stock Performance

Shares of NASDAQ:UFPI traded down $1.40 during midday trading on Wednesday, hitting $99.89. The stock had a trading volume of 84,068 shares, compared to its average volume of 343,055. The company has a market capitalization of $6.03 billion, a PE ratio of 14.75 and a beta of 1.54. UFP Industries, Inc. has a 1 year low of $95.90 and a 1 year high of $141.33. The stock has a 50 day moving average price of $104.60 and a two-hundred day moving average price of $114.09. The company has a current ratio of 4.88, a quick ratio of 3.25 and a debt-to-equity ratio of 0.07.

UFP Industries (NASDAQ:UFPI - Get Free Report) last released its earnings results on Monday, April 28th. The construction company reported $1.30 EPS for the quarter, missing analysts' consensus estimates of $1.57 by ($0.27). UFP Industries had a net margin of 6.23% and a return on equity of 13.24%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same period last year, the business posted $1.96 EPS. UFP Industries's revenue was down 2.7% compared to the same quarter last year. As a group, equities analysts predict that UFP Industries, Inc. will post 7.08 earnings per share for the current fiscal year.

UFP Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Monday, June 2nd. UFP Industries's dividend payout ratio (DPR) is presently 22.91%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Putney Financial Group LLC purchased a new position in shares of UFP Industries during the fourth quarter valued at approximately $30,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of UFP Industries during the 1st quarter worth $36,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of UFP Industries by 39.9% during the first quarter. Caitong International Asset Management Co. Ltd now owns 417 shares of the construction company's stock worth $45,000 after purchasing an additional 119 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of UFP Industries by 1,683.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 535 shares of the construction company's stock valued at $60,000 after purchasing an additional 505 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in shares of UFP Industries by 357.8% during the 4th quarter. Jones Financial Companies Lllp now owns 531 shares of the construction company's stock worth $60,000 after acquiring an additional 415 shares during the period. 81.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. StockNews.com downgraded shares of UFP Industries from a "buy" rating to a "hold" rating in a research report on Wednesday, February 19th. Benchmark reissued a "buy" rating and issued a $135.00 price objective on shares of UFP Industries in a research note on Wednesday, February 19th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $143.00.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About UFP Industries

UFP Industries, Inc, through its subsidiaries, designs, manufactures, and markets wood and non-wood composites, and other materials in North America, Europe, Asia, and Australia. It operates through Retail, Packaging, and Construction segments. The Retail segment offers treated lumber products, including decking, fencing, lattice, and other products; pressure-treated and fire-retardant products used primarily for outdoor decking environments; and lawn and garden products, consisting of wood and vinyl fencing options, garden beds and planters, pergolas, picnic tables, and other landscaping products.