TD Asset Management Inc Takes $1.48 Million Position in US Foods Holding Corp. $USFD

TD Asset Management Inc bought a new stake in US Foods Holding Corp. (NYSE:USFD) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 19,278 shares of the company’s stock, valued at approximately $1,477,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Parkside Financial Bank & Trust grew its holdings in shares of US Foods by 303.7% during the third quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock worth $25,000 after purchasing an additional 246 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in US Foods by 120.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after buying an additional 263 shares during the last quarter. First Horizon Corp acquired a new position in US Foods during the third quarter worth approximately $39,000. MAI Capital Management lifted its stake in US Foods by 155.6% in the second quarter. MAI Capital Management now owns 529 shares of the company’s stock valued at $41,000 after buying an additional 322 shares during the last quarter. Finally, Quent Capital LLC acquired a new stake in shares of US Foods in the third quarter valued at approximately $43,000. 98.76% of the stock is owned by hedge funds and other institutional investors.

US Foods Trading Down 1.1%

Shares of US Foods stock opened at $92.16 on Friday. The firm has a market cap of $20.32 billion, a price-to-earnings ratio of 31.35, a price-to-earnings-growth ratio of 1.14 and a beta of 0.98. US Foods Holding Corp. has a 52-week low of $57.36 and a 52-week high of $102.13. The company’s 50-day simple moving average is $86.50 and its 200-day simple moving average is $79.65. The company has a quick ratio of 0.68, a current ratio of 1.16 and a debt-to-equity ratio of 1.18.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The company had revenue of $9.80 billion for the quarter, compared to analyst estimates of $9.90 billion. US Foods had a return on equity of 18.74% and a net margin of 1.71%.The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.84 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, equities research analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Buying and Selling

In other US Foods news, insider James David Works, Jr. sold 65,737 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the sale, the insider directly owned 88,176 shares in the company, valued at approximately $8,510,747.52. The trade was a 42.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Morgan Stanley set a $94.00 target price on shares of US Foods and gave the company a “mixed” rating in a report on Friday, February 13th. Guggenheim upped their target price on shares of US Foods from $95.00 to $115.00 and gave the company a “buy” rating in a report on Friday, February 13th. Wells Fargo & Company increased their target price on shares of US Foods from $87.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Sanford C. Bernstein restated an “outperform” rating and issued a $106.00 price target on shares of US Foods in a research report on Friday, February 13th. Finally, Barclays upped their price objective on US Foods from $90.00 to $104.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, US Foods currently has an average rating of “Moderate Buy” and a consensus target price of $107.33.

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.