Empowered Funds LLC Acquires Shares of 62,391 US Foods Holding Corp. $USFD

Empowered Funds LLC bought a new stake in US Foods Holding Corp. (NYSE:USFD) in the 2nd quarter, Holdings Channel.com reports. The fund bought 62,391 shares of the company’s stock, valued at approximately $6,379,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in USFD. Measured Wealth Private Client Group LLC acquired a new position in shares of US Foods during the third quarter valued at $26,000. Keating Financial Advisory Services Inc. bought a new position in US Foods in the second quarter valued at about $27,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in US Foods in the second quarter worth about $28,000. Nalls Sherbakoff Group LLC acquired a new stake in US Foods in the fourth quarter worth about $36,000. Finally, Geneos Wealth Management Inc. raised its holdings in US Foods by 120.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after purchasing an additional 263 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Insider Activity

In other news, insider William Spencer Hancock sold 21,754 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the completion of the transaction, the insider directly owned 101,144 shares in the company, valued at approximately $10,952,883.76. The trade was a 17.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Randy J. Taylor sold 11,630 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the sale, the insider directly owned 73,618 shares of the company’s stock, valued at approximately $8,125,218.66. This trade represents a 13.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.74% of the stock is currently owned by insiders.

US Foods Stock Up 0.1%

Shares of US Foods stock opened at $107.33 on Monday. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.19. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $111.42. The business has a fifty day simple moving average of $102.50 and a 200 day simple moving average of $94.50. The stock has a market cap of $23.22 billion, a PE ratio of 33.02, a price-to-earnings-growth 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 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.08. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The business had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.46 billion. During the same quarter in the prior year, the company posted $1.19 earnings per share. The firm’s revenue was up 4.5% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Research analysts predict that US Foods Holding Corp. will post 4.41 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Piper Sandler upped their target price on shares of US Foods from $88.00 to $108.00 and gave the company a “neutral” rating in a research report on Wednesday, August 12th. Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a research report on Wednesday, July 29th. Morgan Stanley set a $107.00 price target on shares of US Foods in a research report on Friday, August 7th. Wall Street Zen raised shares of US Foods from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Finally, BTIG Research increased their price objective on shares of US Foods from $105.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 7th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $113.92.

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.