Jupiter Topco LLC Makes New Investment in United Natural Foods, Inc. $UNFI

Jupiter Topco LLC purchased a new position in shares of United Natural Foods, Inc. (NYSE:UNFI) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 28,316 shares of the company’s stock, valued at approximately $1,295,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hsbc Holdings PLC purchased a new position in United Natural Foods during the 2nd quarter worth $11,761,000. Canada Pension Plan Investment Board acquired a new stake in United Natural Foods in the 2nd quarter worth approximately $356,000. Lakewood Capital Management LP purchased a new stake in United Natural Foods during the 2nd quarter worth approximately $15,984,000. Legal & General Group Plc purchased a new stake in United Natural Foods during the 2nd quarter worth approximately $6,851,000. Finally, The Manufacturers Life Insurance Company acquired a new position in United Natural Foods during the 2nd quarter valued at approximately $1,364,000. Hedge funds and other institutional investors own 87.63% of the company’s stock.

Analyst Upgrades and Downgrades

UNFI has been the subject of a number of research analyst reports. UBS Group raised their price target on shares of United Natural Foods from $44.00 to $47.00 and gave the stock a “neutral” rating in a report on Wednesday, June 10th. Roth Capital reissued a “neutral” rating and issued a $43.00 target price on shares of United Natural Foods in a research report on Wednesday, June 10th. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a research note on Monday, July 6th. Wall Street Zen cut United Natural Foods from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $56.00 price objective on shares of United Natural Foods in a report on Wednesday, June 10th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $47.86.

Insider Buying and Selling

In related news, insider Mark Bushway sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total transaction of $515,600.00. Following the sale, the insider directly owned 51,119 shares of the company’s stock, valued at $2,635,695.64. This trade represents a 16.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.40% of the stock is currently owned by company insiders.

United Natural Foods Trading Up 0.3%

NYSE UNFI opened at $43.74 on Friday. The company has a market capitalization of $2.65 billion, a PE ratio of -66.27 and a beta of 0.80. The company has a fifty day moving average of $47.65 and a 200 day moving average of $46.78. United Natural Foods, Inc. has a 1 year low of $27.97 and a 1 year high of $57.02. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings results on Tuesday, June 9th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.04). The business had revenue of $7.72 billion during the quarter, compared to analysts’ expectations of $7.79 billion. United Natural Foods had a negative net margin of 0.12% and a positive return on equity of 7.42%. United Natural Foods’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.44 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. Research analysts forecast that United Natural Foods, Inc. will post 2.52 earnings per share for the current year.

About United Natural Foods

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.