United Natural Foods (NYSE:UNFI) Announces Earnings Results

United Natural Foods (NYSE:UNFI) released its quarterly earnings data on Tuesday. The company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.17, FiscalAI reports. United Natural Foods had a negative net margin of 0.37% and a positive return on equity of 2.74%. The company had revenue of $7.84 billion during the quarter, compared to analyst estimates of $7.91 billion. During the same period last year, the business earned $0.16 earnings per share. United Natural Foods’s revenue was down .4% compared to the same quarter last year. United Natural Foods updated its FY 2026 guidance to 1.500-2.300 EPS.

United Natural Foods Stock Performance

Shares of NYSE UNFI opened at $38.10 on Tuesday. The stock has a market cap of $2.32 billion, a PE ratio of -19.55 and a beta of 0.88. United Natural Foods has a 1 year low of $20.78 and a 1 year high of $43.29. The firm has a fifty day moving average price of $38.04 and a 200-day moving average price of $30.64. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.32 and a quick ratio of 0.51.

Insider Buying and Selling

In related news, insider Danielle Benedict sold 11,655 shares of United Natural Foods stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $35.31, for a total transaction of $411,538.05. Following the sale, the insider owned 89,544 shares of the company’s stock, valued at approximately $3,161,798.64. This trade represents a 11.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On United Natural Foods

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CIBC Bancorp USA Inc. purchased a new position in shares of United Natural Foods in the third quarter valued at $241,000. CANADA LIFE ASSURANCE Co lifted its position in United Natural Foods by 3.6% during the third quarter. CANADA LIFE ASSURANCE Co now owns 60,651 shares of the company’s stock valued at $2,282,000 after purchasing an additional 2,106 shares during the last quarter. Caxton Associates LLP grew its stake in shares of United Natural Foods by 36.9% in the 3rd quarter. Caxton Associates LLP now owns 130,234 shares of the company’s stock worth $4,899,000 after buying an additional 35,127 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of United Natural Foods in the 3rd quarter worth about $883,000. Finally, Quarry LP purchased a new stake in shares of United Natural Foods during the 3rd quarter valued at about $29,000. 87.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Roth Capital increased their target price on shares of United Natural Foods from $25.00 to $35.00 and gave the company a “neutral” rating in a report on Wednesday, October 1st. UBS Group raised their price objective on shares of United Natural Foods from $29.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Zacks Research raised shares of United Natural Foods from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of United Natural Foods in a report on Tuesday, October 14th. Finally, Jefferies Financial Group increased their target price on United Natural Foods from $27.00 to $40.00 and gave the company a “hold” rating in a research note on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, United Natural Foods has a consensus rating of “Hold” and an average target price of $36.00.

About United Natural Foods

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.