United Natural Foods (NYSE:UNFI) Issues Quarterly Earnings Results, Meets Expectations

United Natural Foods (NYSE:UNFI) announced its quarterly earnings results on Tuesday. The company reported $0.77 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.77, FiscalAI reports. United Natural Foods had a positive return on equity of 6.05% and a negative net margin of 0.25%.The firm had revenue of $7.72 billion during the quarter, compared to the consensus estimate of $7.80 billion. United Natural Foods updated its FY 2026 guidance to 2.400-2.600 EPS.

United Natural Foods Stock Down 7.0%

NYSE:UNFI opened at $51.64 on Tuesday. The company has a market capitalization of $3.14 billion, a price-to-earnings ratio of -39.73 and a beta of 0.81. United Natural Foods has a one year low of $20.78 and a one year high of $57.02. The stock has a 50-day simple moving average of $49.14 and a 200 day simple moving average of $41.05. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.52 and a current ratio of 1.33.

Insider Transactions at United Natural Foods

In other United Natural Foods news, insider Danielle Benedict sold 4,807 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $52.00, for a total value of $249,964.00. Following the transaction, the insider owned 98,470 shares of the company’s stock, valued at $5,120,440. This trade represents a 4.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On United Natural Foods

A number of large investors have recently bought and sold shares of the business. State of Tennessee Department of Treasury lifted its holdings in United Natural Foods by 19.5% in the fourth quarter. State of Tennessee Department of Treasury now owns 34,340 shares of the company’s stock worth $1,278,000 after acquiring an additional 5,609 shares during the last quarter. Mackenzie Financial Corp lifted its holdings in United Natural Foods by 784.6% in the fourth quarter. Mackenzie Financial Corp now owns 66,910 shares of the company’s stock worth $2,238,000 after acquiring an additional 59,346 shares during the last quarter. XTX Topco Ltd lifted its holdings in United Natural Foods by 82.6% in the fourth quarter. XTX Topco Ltd now owns 42,876 shares of the company’s stock worth $1,444,000 after acquiring an additional 19,400 shares during the last quarter. Zacks Investment Management bought a new position in United Natural Foods in the fourth quarter worth about $1,938,000. Finally, VARCOV Co. bought a new position in United Natural Foods in the fourth quarter worth about $886,000. Institutional investors own 87.63% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Wells Fargo & Company upgraded United Natural Foods from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $40.00 to $56.00 in a report on Thursday, March 26th. UBS Group increased their price target on United Natural Foods from $42.00 to $44.00 and gave the company a “neutral” rating in a report on Wednesday, March 11th. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a research note on Wednesday, April 8th. Wall Street Zen downgraded United Natural Foods from a “buy” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on United Natural Foods from $40.00 to $46.00 and gave the company a “hold” rating in a research note on Thursday, March 12th. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $43.63.

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.