Pallas Capital Advisors LLC Buys Shares of 11,660 US Foods Holding Corp. $USFD

Pallas Capital Advisors LLC purchased a new position in US Foods Holding Corp. (NYSE:USFD) during the 2nd quarter, Holdings Channel reports. The fund purchased 11,660 shares of the company’s stock, valued at approximately $1,192,000.

A number of other hedge funds have also recently modified their holdings of the business. Measured Wealth Private Client Group LLC purchased a new stake in shares of US Foods in the 3rd quarter worth $26,000. Nalls Sherbakoff Group LLC purchased a new position in US Foods during the fourth quarter valued at $36,000. Geneos Wealth Management Inc. grew its holdings in US Foods by 120.1% during the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after purchasing an additional 263 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in US Foods during the second quarter valued at about $39,000. Finally, Western Wealth Management LLC purchased a new stake in US Foods in the first quarter worth about $46,000. Institutional investors own 98.76% of the company’s stock.

US Foods Trading Down 1.4%

USFD stock opened at $107.06 on Wednesday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70. US Foods Holding Corp. has a 1-year low of $69.88 and a 1-year high of $111.42. The business has a 50 day simple moving average of $99.95 and a two-hundred day simple moving average of $93.29. The company has a market capitalization of $23.16 billion, a price-to-earnings ratio of 32.94, a PEG ratio of 1.40 and a beta of 0.81.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.08. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The firm had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.46 billion. During the same quarter last year, the business posted $1.19 earnings per share. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Research analysts anticipate that US Foods Holding Corp. will post 4.35 EPS for the current fiscal year.

Insiders Place Their Bets

In other US Foods news, insider William Spencer Hancock sold 21,754 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $108.29, for a total value of $2,355,740.66. Following the sale, the insider owned 101,144 shares in the company, valued at $10,952,883.76. The trade was a 17.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Randy J. Taylor sold 11,630 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the transaction, the insider directly owned 73,618 shares of the company’s stock, valued at $8,125,218.66. This trade represents a 13.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on USFD shares. Citigroup lifted their price objective on US Foods from $110.00 to $124.00 and gave the company a “buy” rating in a research report on Friday, August 7th. UBS Group raised their target price on shares of US Foods from $117.00 to $127.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of US Foods in a report on Wednesday, July 29th. Piper Sandler increased their price objective on shares of US Foods from $88.00 to $108.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 12th. Finally, BMO Capital Markets restated an “outperform” rating and set a $120.00 price objective on shares of US Foods in a research report on Friday, August 7th. Eleven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.92.

US Foods Company 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.