Swedbank AB Makes New $9.73 Million Investment in United Natural Foods, Inc. $UNFI

Swedbank AB purchased a new stake in shares of United Natural Foods, Inc. (NYSE:UNFI) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 216,000 shares of the company’s stock, valued at approximately $9,733,000.

Several other hedge funds also recently modified their holdings of UNFI. Cullen Frost Bankers Inc. acquired a new stake in shares of United Natural Foods in the fourth quarter valued at $26,000. Quarry LP bought a new position in United Natural Foods during the third quarter valued at about $29,000. Larson Financial Group LLC grew its holdings in United Natural Foods by 4,266.7% during the third quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock worth $30,000 after acquiring an additional 768 shares during the period. International Assets Investment Management LLC bought a new stake in United Natural Foods in the fourth quarter worth about $31,000. Finally, EverSource Wealth Advisors LLC raised its position in United Natural Foods by 84.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock worth $31,000 after acquiring an additional 609 shares in the last quarter. 87.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

UNFI has been the subject of several research reports. Wall Street Zen upgraded shares of United Natural Foods from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $47.00 target price on shares of United Natural Foods in a report on Wednesday, June 10th. BMO Capital Markets reissued an “outperform” rating and set a $56.00 target price on shares of United Natural Foods in a research note on Wednesday, June 10th. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a report on Monday. Finally, Zacks Research upgraded shares of United Natural Foods from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 3rd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, United Natural Foods currently has a consensus rating of “Hold” and an average price target of $46.38.

United Natural Foods Trading Up 1.8%

Shares of NYSE:UNFI traded up $0.87 during midday trading on Friday, reaching $48.81. The company had a trading volume of 410,945 shares, compared to its average volume of 656,800. The company has a fifty day simple moving average of $50.10 and a two-hundred day simple moving average of $43.39. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of -73.96 and a beta of 0.83. United Natural Foods, Inc. has a 1-year low of $23.36 and a 1-year high of $57.02. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.51 and a current ratio of 1.33.

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

Insider Buying and Selling

In other news, insider Mark Bushway sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $51.56, for a total transaction of $515,600.00. Following the sale, the insider owned 51,119 shares in the company, valued at $2,635,695.64. The trade was a 16.36% 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. Also, insider Danielle Benedict sold 4,807 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $52.00, for a total transaction of $249,964.00. Following the completion of the sale, the insider owned 98,470 shares of the company’s stock, valued at approximately $5,120,440. This trade represents a 4.65% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.40% of the stock is owned by insiders.

United Natural Foods Profile

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.