Shell Asset Management Co. Cuts Stake in US Foods Holding Corp. $USFD

Shell Asset Management Co. cut its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 60.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,252 shares of the company’s stock after selling 7,920 shares during the quarter. Shell Asset Management Co.’s holdings in US Foods were worth $402,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Parkside Financial Bank & Trust increased its stake in US Foods by 303.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock valued at $25,000 after purchasing an additional 246 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of US Foods by 120.1% in the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after buying an additional 263 shares in the last quarter. First Horizon Corp purchased a new stake in shares of US Foods during the third quarter valued at approximately $39,000. MAI Capital Management grew its holdings in shares of US Foods by 155.6% during 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 bought a new stake in shares of US Foods during the third quarter valued at approximately $43,000. Institutional investors own 98.76% of the company’s stock.

US Foods Stock Down 2.8%

US Foods stock opened at $97.09 on Wednesday. US Foods Holding Corp. has a one year low of $57.36 and a one year high of $102.13. The stock has a fifty day moving average of $82.03 and a 200 day moving average of $78.36. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.68 and a current ratio of 1.16. The stock has a market cap of $21.65 billion, a PE ratio of 33.02, a price-to-earnings-growth ratio of 1.26 and a beta of 1.02.

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

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Guggenheim upped their price objective on US Foods from $95.00 to $115.00 and gave the company a “buy” rating in a research report on Friday. Citigroup upped their price target on US Foods from $95.00 to $118.00 and gave the company a “buy” rating in a report on Friday, February 13th. BTIG Research lifted their price objective on US Foods from $82.00 to $110.00 and gave the stock a “buy” rating in a report on Friday. Barclays boosted their target price on US Foods from $90.00 to $104.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Piper Sandler downgraded shares of US Foods from an “overweight” rating to a “neutral” rating and raised their price target for the company from $85.00 to $103.00 in a report on Friday, February 13th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, US Foods currently has an average rating of “Moderate Buy” and an average price target of $107.33.

US Foods Profile

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.