Ritholtz Wealth Management Raises Position in US Foods Holding Corp. $USFD

Ritholtz Wealth Management increased its stake in US Foods Holding Corp. (NYSE:USFD) by 43.0% in the first quarter, Holdings Channel.com reports. The institutional investor owned 26,996 shares of the company’s stock after purchasing an additional 8,119 shares during the quarter. Ritholtz Wealth Management’s holdings in US Foods were worth $2,489,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of USFD. Royal Bank of Canada lifted its position in US Foods by 85.8% during the 1st quarter. Royal Bank of Canada now owns 148,512 shares of the company’s stock worth $9,722,000 after acquiring an additional 68,567 shares in the last quarter. Empowered Funds LLC acquired a new stake in US Foods in the first quarter valued at approximately $359,000. Sivia Capital Partners LLC acquired a new stake in US Foods in the second quarter valued at approximately $526,000. Brown Advisory Inc. purchased a new stake in shares of US Foods during the second quarter valued at approximately $252,000. Finally, Cerity Partners LLC raised its stake in shares of US Foods by 20.5% during the second quarter. Cerity Partners LLC now owns 47,977 shares of the company’s stock valued at $3,695,000 after purchasing an additional 8,162 shares during the period. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on USFD shares. Citigroup decreased their target price on shares of US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a research note on Friday, May 8th. JPMorgan Chase & Co. cut their price target on US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Weiss Ratings downgraded US Foods from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, May 1st. BTIG Research lowered their price objective on US Foods from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Finally, Piper Sandler dropped their price objective on US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, US Foods currently has an average rating of “Moderate Buy” and a consensus price target of $105.50.

US Foods Price Performance

USFD opened at $98.53 on Friday. The company has a market capitalization of $21.70 billion, a P/E ratio of 33.18, a PEG ratio of 1.23 and a beta of 0.83. The company has a 50-day moving average of $88.14 and a 200-day moving average of $87.02. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14. US Foods Holding Corp. has a 1-year low of $69.88 and a 1-year high of $102.13.

US Foods (NYSE:USFD) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.04). The company had revenue of $9.61 billion for the quarter, compared to the consensus estimate of $9.66 billion. US Foods had a return on equity of 19.37% and a net margin of 1.71%.The business’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.68 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities analysts expect that US Foods Holding Corp. will post 4.34 EPS for the current fiscal year.

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.