Corient Private Wealth LP Makes New Investment in US Foods Holding Corp. $USFD

Corient Private Wealth LP bought a new position in shares of US Foods Holding Corp. (NYSE:USFD) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 69,580 shares of the company’s stock, valued at approximately $7,114,000.

Several other hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of US Foods in the 2nd quarter valued at approximately $2,131,439,000. Boston Partners lifted its stake in US Foods by 0.5% during the fourth quarter. Boston Partners now owns 16,203,880 shares of the company’s stock worth $1,222,537,000 after purchasing an additional 73,656 shares during the last quarter. Wellington Management Group LLP boosted its holdings in US Foods by 7.0% in the fourth quarter. Wellington Management Group LLP now owns 13,780,526 shares of the company’s stock worth $1,037,949,000 after purchasing an additional 904,556 shares during the period. Capital World Investors boosted its holdings in US Foods by 10.3% in the fourth quarter. Capital World Investors now owns 12,862,100 shares of the company’s stock worth $968,773,000 after purchasing an additional 1,197,360 shares during the period. Finally, Invesco Ltd. increased its stake in US Foods by 8.6% during the third quarter. Invesco Ltd. now owns 8,164,062 shares of the company’s stock valued at $625,530,000 after purchasing an additional 649,950 shares during the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

Insiders Place Their Bets

In related news, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the sale, the insider directly owned 101,144 shares in the company, valued at $10,952,883.76. The trade was a 17.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Randy J. Taylor sold 11,630 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the completion of the sale, the insider directly owned 73,618 shares of the company’s stock, valued at $8,125,218.66. The trade was a 13.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.74% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on USFD. BTIG Research increased their target price on shares of US Foods from $105.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 7th. UBS Group lifted their price target on shares of US Foods from $117.00 to $127.00 and gave the company a “buy” rating in a report on Friday, August 7th. Piper Sandler boosted their price objective on shares of US Foods from $88.00 to $108.00 and gave the company a “neutral” rating in a research report on Wednesday, August 12th. Wall Street Zen raised shares of US Foods from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Finally, TD Cowen raised their target price on shares of US Foods from $116.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, US Foods presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.92.

US Foods Stock Performance

Shares of USFD stock opened at $107.33 on Monday. US Foods Holding Corp. has a 12-month low of $69.88 and a 12-month high of $111.42. The firm has a market capitalization of $23.22 billion, a price-to-earnings ratio of 33.02, a price-to-earnings-growth ratio of 1.36 and a beta of 0.81. The business has a 50 day simple moving average of $102.50 and a 200 day simple moving average of $94.50. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70.

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

About US Foods

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.