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

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 Price Performance

Shares of UFP Industries stock opened at $101.36 on Friday. The company has a current ratio of 4.88, a quick ratio of 3.25 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $6.12 billion, a price-to-earnings ratio of 14.97 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 firm's 50-day moving average price is $104.80 and its two-hundred day moving average price is $114.58.

UFP Industries (NASDAQ:UFPI - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The construction company reported $1.30 earnings per share 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 for the quarter, compared to analyst estimates of $1.61 billion. During the same period in the prior year, the business earned $1.96 earnings per share. The company's revenue for the quarter was down 2.7% on a year-over-year basis. On average, 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 issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Monday, June 2nd. UFP Industries's payout ratio is 22.91%.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On UFP Industries

Several hedge funds have recently made changes to their positions in the business. Putney Financial Group LLC bought a new position in UFP Industries in the fourth quarter valued at approximately $30,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of UFP Industries in the 1st quarter valued at approximately $36,000. Caitong International Asset Management Co. Ltd grew its stake in shares of UFP Industries by 39.9% in the first quarter. Caitong International Asset Management Co. Ltd now owns 417 shares of the construction company's stock valued at $45,000 after buying an additional 119 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in UFP Industries by 357.8% during the fourth quarter. Jones Financial Companies Lllp now owns 531 shares of the construction company's stock worth $60,000 after buying an additional 415 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in UFP Industries by 1,683.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 535 shares of the construction company's stock worth $60,000 after buying an additional 505 shares during the last quarter. 81.81% of the stock is owned by institutional investors.

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.

UFP Industries Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.