US Foods Holding Corp. $USFD Stake Lessened by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lessened its holdings in US Foods Holding Corp. (NYSE:USFD) by 2.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 527,094 shares of the company’s stock after selling 12,533 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in US Foods were worth $40,386,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of USFD. Boston Partners raised its position in US Foods by 6.0% during the third quarter. Boston Partners now owns 16,130,224 shares of the company’s stock valued at $1,235,585,000 after buying an additional 908,993 shares during the period. Wellington Management Group LLP lifted its stake in US Foods by 14.2% in the 3rd quarter. Wellington Management Group LLP now owns 12,875,970 shares of the company’s stock worth $986,557,000 after acquiring an additional 1,599,033 shares in the last quarter. Capital World Investors boosted its position in US Foods by 11.0% during the 3rd quarter. Capital World Investors now owns 11,664,740 shares of the company’s stock worth $893,752,000 after acquiring an additional 1,155,254 shares during the period. Invesco Ltd. grew its stake in US Foods by 8.6% during the 3rd quarter. Invesco Ltd. now owns 8,164,062 shares of the company’s stock valued at $625,530,000 after acquiring an additional 649,950 shares in the last quarter. Finally, Primecap Management Co. CA grew its stake in US Foods by 5.9% during the 3rd quarter. Primecap Management Co. CA now owns 3,793,209 shares of the company’s stock valued at $290,636,000 after acquiring an additional 212,499 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Price Performance

Shares of NYSE:USFD opened at $88.96 on Thursday. The stock has a market capitalization of $19.62 billion, a P/E ratio of 30.26, a P/E/G ratio of 1.13 and a beta of 0.98. The business has a 50-day moving average of $89.33 and a two-hundred day moving average of $80.54. US Foods Holding Corp. has a fifty-two week low of $57.36 and a fifty-two week high of $102.13. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.16 and a quick ratio of 0.68.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.04 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 for the quarter, compared to analyst estimates of $9.90 billion. During the same quarter in the prior year, the firm posted $0.84 EPS. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities research analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on USFD. BMO Capital Markets increased their price target on shares of US Foods from $95.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Piper Sandler downgraded shares of US Foods from an “overweight” rating to a “neutral” rating and boosted their price objective for the company from $85.00 to $103.00 in a research report on Friday, February 13th. Wells Fargo & Company upped their price objective on shares of US Foods from $87.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. UBS Group reiterated a “buy” rating and issued a $117.00 target price on shares of US Foods in a research report on Friday, February 13th. Finally, Barclays lifted their target price on shares of 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 issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $107.33.

Insider Buying and Selling

In other US Foods news, insider James David Works, Jr. sold 65,737 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the transaction, the insider owned 88,176 shares in the company, valued at $8,510,747.52. This trade represents a 42.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.60% of the stock is currently owned by company insiders.

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.