United Natural Foods, Inc. $UNFI Shares Sold by Edgestream Partners L.P.

Edgestream Partners L.P. trimmed its holdings in United Natural Foods, Inc. (NYSE:UNFI) by 15.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 141,895 shares of the company’s stock after selling 24,991 shares during the quarter. Edgestream Partners L.P. owned about 0.23% of United Natural Foods worth $3,308,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UNFI. Panagora Asset Management Inc. lifted its position in shares of United Natural Foods by 61.5% during the 2nd quarter. Panagora Asset Management Inc. now owns 297,403 shares of the company’s stock worth $6,932,000 after buying an additional 113,213 shares during the last quarter. New York State Common Retirement Fund lifted its position in United Natural Foods by 19.2% in the second quarter. New York State Common Retirement Fund now owns 20,500 shares of the company’s stock valued at $478,000 after acquiring an additional 3,300 shares during the last quarter. Hsbc Holdings PLC boosted its stake in United Natural Foods by 81.0% in the second quarter. Hsbc Holdings PLC now owns 52,499 shares of the company’s stock valued at $1,227,000 after acquiring an additional 23,499 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of United Natural Foods by 343.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,042 shares of the company’s stock worth $234,000 after purchasing an additional 7,779 shares during the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC increased its position in shares of United Natural Foods by 15.0% during the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 11,420 shares of the company’s stock worth $266,000 after purchasing an additional 1,493 shares in the last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.

United Natural Foods Price Performance

Shares of NYSE:UNFI opened at $33.39 on Thursday. United Natural Foods, Inc. has a 52 week low of $20.78 and a 52 week high of $43.29. The company has a 50-day moving average price of $38.26 and a 200 day moving average price of $30.69. The company has a market cap of $2.03 billion, a P/E ratio of -17.12 and a beta of 0.82. The company has a quick ratio of 0.51, a current ratio of 1.32 and a debt-to-equity ratio of 1.20.

United Natural Foods (NYSE:UNFI) last issued its earnings results on Tuesday, December 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.17. United Natural Foods had a positive return on equity of 2.74% and a negative net margin of 0.37%.The business had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.91 billion. During the same period in the prior year, the business posted $0.16 EPS. The company’s revenue for the quarter was down .4% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. Research analysts predict that United Natural Foods, Inc. will post 0.76 earnings per share for the current year.

Analyst Ratings Changes

UNFI has been the topic of a number of research reports. Jefferies Financial Group raised their price target on United Natural Foods from $27.00 to $40.00 and gave the stock a “hold” rating in a research note on Wednesday, October 1st. The Goldman Sachs Group raised their target price on shares of United Natural Foods from $29.00 to $40.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 1st. UBS Group upped their price target on shares of United Natural Foods from $29.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday, October 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of United Natural Foods in a research report on Tuesday, October 14th. Finally, BMO Capital Markets upped their target price on shares of United Natural Foods from $36.00 to $48.00 and gave the company an “outperform” rating in a report on Wednesday, October 1st. Three equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $36.10.

Insider Buying and Selling

In other United Natural Foods news, insider Danielle Benedict sold 11,655 shares of the firm’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $35.31, for a total value of $411,538.05. Following the completion of the sale, the insider owned 89,544 shares of the company’s stock, valued at approximately $3,161,798.64. This trade represents a 11.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.40% of the company’s stock.

About United Natural Foods

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.