NewEdge Wealth LLC Makes New Investment in UFP Industries, Inc. $UFPI

NewEdge Wealth LLC bought a new stake in shares of UFP Industries, Inc. (NASDAQ:UFPI) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 21,149 shares of the construction company’s stock, valued at approximately $1,919,000.

A number of other hedge funds also recently modified their holdings of UFPI. Royal Bank of Canada raised its position in UFP Industries by 3.0% during the first quarter. Royal Bank of Canada now owns 61,641 shares of the construction company’s stock valued at $6,597,000 after buying an additional 1,798 shares during the period. Integrated Wealth Concepts LLC lifted its stake in UFP Industries by 8.1% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,959 shares of the construction company’s stock worth $317,000 after acquiring an additional 221 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in UFP Industries by 10.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 129,209 shares of the construction company’s stock worth $13,831,000 after acquiring an additional 12,043 shares during the period. EverSource Wealth Advisors LLC boosted its position in UFP Industries by 90.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 544 shares of the construction company’s stock worth $54,000 after acquiring an additional 259 shares during the period. Finally, Walleye Capital LLC purchased a new position in UFP Industries during the 2nd quarter valued at about $232,000. Hedge funds and other institutional investors own 81.81% of the company’s stock.

Trending Headlines about UFP Industries

Here are the key news stories impacting UFP Industries this week:

• Positive Sentiment: Zacks raised its Q4 2026 EPS estimate to $1.02 from $1.01, increased Q2 2027 EPS to $1.61 from $1.51, and lifted its FY2028 forecast to $6.73 from $6.69. These upgrades indicate some confidence in longer-term earnings growth. Zacks Research estimate revisions for UFP Industries
• Neutral Sentiment: The updated estimates call for FY2026 EPS of $4.55, close to the broader consensus estimate of $4.56. Zacks projects FY2028 EPS of $6.73, implying meaningful growth over the intervening years, but its unchanged “Hold” rating signals limited conviction in near-term upside. UFP Industries earnings estimates
• Negative Sentiment: Zacks cut its Q3 2026 EPS estimate sharply to $1.16 from $1.31 and reduced FY2026 EPS to $4.55 from $4.71. It also lowered estimates for Q1 2027, Q3 2027, Q4 2027 and Q1 2028. The broad downward revisions to 2026 and several 2027 periods may weigh on UFPI shares by raising concerns about near-term demand, margins or operating conditions. Zacks Research lowers UFP Industries earnings estimates

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on UFPI shares. Benchmark dropped their target price on UFP Industries from $125.00 to $115.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Weiss Ratings upgraded shares of UFP Industries from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, August 6th. Stifel Nicolaus lowered their price objective on shares of UFP Industries from $100.00 to $87.00 and set a “hold” rating on the stock in a research report on Monday, May 11th. BMO Capital Markets upgraded shares of UFP Industries from a “market perform” rating to an “outperform” rating and set a $108.00 price objective on the stock in a research note on Tuesday, May 5th. Finally, Zacks Research upgraded shares of UFP Industries from a “strong sell” rating to a “hold” rating in a research report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $103.75.

UFP Industries Stock Performance

Shares of UFPI stock opened at $88.12 on Friday. UFP Industries, Inc. has a fifty-two week low of $77.89 and a fifty-two week high of $118.00. The stock’s 50-day moving average is $88.04 and its two-hundred day moving average is $91.51. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.98 and a quick ratio of 2.64. The firm has a market cap of $4.86 billion, a P/E ratio of 20.21 and a beta of 1.23.

UFP Industries (NASDAQ:UFPI) last announced its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.11. The business had revenue of $1.88 billion during the quarter, compared to analyst estimates of $1.79 billion. UFP Industries had a return on equity of 8.00% and a net margin of 3.99%. Analysts predict that UFP Industries, Inc. will post 4.51 earnings per share for the current fiscal year.

UFP Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.36 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.44 dividend on an annualized basis and a yield of 1.6%. UFP Industries’s payout ratio is 33.03%.

UFP Industries Company Profile

UFP Industries, Inc, founded in 1955 and headquartered in Grand Rapids, Michigan, designs, manufactures, and distributes a broad range of wood and wood-alternative products. The company operates through two primary segments: UFP Retail Solutions, which supplies building materials and components to home improvement retailers and lumber dealers, and UFP Distribution Solutions, which offers packaging, pallets, skids, and other industrial products for a variety of end markets. Its product portfolio includes treated and untreated lumber, engineered wood, decking, railing, fencing, vinyl sheets and profiles, and custom-designed packaging solutions.

With manufacturing facilities and distribution centers across the United States, Canada, Mexico and Europe, UFP Industries serves professional contractors, industrial customers, and do-it-yourself consumers.