Keebeck Wealth Management Takes $3.05 Million Position in US Foods Holding Corp. $USFD

Keebeck Wealth Management acquired a new position in US Foods Holding Corp. (NYSE:USFD) in the second quarter, Holdings Channel.com reports. The fund acquired 29,816 shares of the company’s stock, valued at approximately $3,049,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. purchased a new stake in US Foods in the second quarter valued at about $27,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of US Foods during the third quarter worth about $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of US Foods during the second quarter worth about $39,000. Geneos Wealth Management Inc. increased its holdings in shares of US Foods by 120.1% during the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after acquiring an additional 263 shares in the last quarter. Finally, Nalls Sherbakoff Group LLC acquired a new position in shares of US Foods during the fourth quarter valued at about $36,000. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Piper Sandler lifted their target price on shares of US Foods from $88.00 to $108.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of US Foods in a report on Wednesday, July 29th. Zacks Research upgraded shares of US Foods from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 28th. BTIG Research boosted their price objective on shares of US Foods from $105.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, Citigroup boosted their price objective on shares of US Foods from $110.00 to $124.00 and gave the company a “buy” rating in a report on Friday, August 7th. Eleven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $113.92.

US Foods Stock Performance

NYSE USFD opened at $109.52 on Friday. The firm has a market capitalization of $23.69 billion, a P/E ratio of 33.70, a PEG ratio of 1.38 and a beta of 0.81. The stock has a 50-day simple moving average of $100.96 and a two-hundred day simple moving average of $93.74. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.14. US Foods Holding Corp. has a fifty-two week low of $69.88 and a fifty-two week high of $111.42.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, August 6th. The company reported $1.44 EPS for the quarter, topping the consensus estimate of $1.36 by $0.08. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The firm had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.46 billion. During the same period last year, the company earned $1.19 earnings per share. US Foods’s revenue for the quarter was up 4.5% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities analysts forecast that US Foods Holding Corp. will post 4.41 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Randy J. Taylor sold 11,630 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the sale, the insider owned 73,618 shares in the company, valued at approximately $8,125,218.66. This trade represents a 13.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider William Spencer Hancock sold 21,754 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the completion of the transaction, the insider owned 101,144 shares of the company’s stock, valued at approximately $10,952,883.76. This trade represents a 17.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.74% of the company’s stock.

US Foods Company Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.