Cookson Peirce & Co. Inc. Sells 22,266 Shares of US Foods Holding Corp. $USFD

Cookson Peirce & Co. Inc. trimmed its holdings in US Foods Holding Corp. (NYSE:USFD) by 5.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 411,179 shares of the company’s stock after selling 22,266 shares during the period. US Foods accounts for 1.4% of Cookson Peirce & Co. Inc.’s holdings, making the stock its 18th largest position. Cookson Peirce & Co. Inc. owned 0.19% of US Foods worth $42,043,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its position in US Foods by 7.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,910 shares of the company’s stock worth $195,000 after buying an additional 134 shares in the last quarter. Greenleaf Trust lifted its position in shares of US Foods by 33.7% during the 2nd quarter. Greenleaf Trust now owns 4,198 shares of the company’s stock valued at $429,000 after acquiring an additional 1,058 shares during the period. Hsbc Holdings PLC grew its stake in US Foods by 2.1% during the second quarter. Hsbc Holdings PLC now owns 8,831 shares of the company’s stock worth $903,000 after buying an additional 185 shares in the last quarter. Wellington Management Group LLP grew its stake in US Foods by 46.1% during the second quarter. Wellington Management Group LLP now owns 23,009,877 shares of the company’s stock worth $2,352,760,000 after buying an additional 7,259,357 shares in the last quarter. Finally, Archer Investment Corp bought a new position in US Foods in the 2nd quarter valued at about $188,000. 98.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on USFD shares. UBS Group increased their price target on shares of US Foods from $117.00 to $127.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Morgan Stanley set a $107.00 price objective on shares of US Foods in a research report on Friday, August 7th. Piper Sandler upped their target price on US Foods from $88.00 to $108.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 12th. Guggenheim raised their target price on US Foods from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $120.00 price target on shares of US Foods in a research note on Friday, August 7th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $113.92.

Insider Buying and Selling at US Foods

In other news, insider Randy J. Taylor sold 11,630 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the transaction, the insider directly owned 73,618 shares in the company, valued at approximately $8,125,218.66. This represents a 13.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider William Spencer Hancock sold 21,754 shares of the firm’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 directly owned 101,144 shares in the company, valued at approximately $10,952,883.76. This trade represents a 17.70% decrease in their position. The SEC filing for this sale provides additional information. 0.74% of the stock is currently owned by corporate insiders.

US Foods Trading Down 0.4%

USFD opened at $107.33 on Friday. The company’s 50 day moving average is $102.50 and its 200-day moving average is $94.47. US Foods Holding Corp. has a 1-year low of $69.88 and a 1-year high of $111.42. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. The company has a market cap of $23.22 billion, a P/E ratio of 33.02, a PEG ratio of 1.36 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, topping analysts’ consensus estimates of $1.36 by $0.08. The business had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.19 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities research analysts predict that US Foods Holding Corp. will post 4.41 earnings per share 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.