QRG Capital Management Inc. Has $4.27 Million Stake in US Foods Holding Corp. $USFD

QRG Capital Management Inc. increased its stake in US Foods Holding Corp. (NYSE:USFD) by 161.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,338 shares of the company’s stock after acquiring an additional 28,611 shares during the quarter. QRG Capital Management Inc.’s holdings in US Foods were worth $4,273,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Measured Wealth Private Client Group LLC acquired a new stake in shares of US Foods in the 3rd quarter valued at about $26,000. Steph & Co. acquired a new stake in US Foods in the fourth quarter valued at approximately $34,000. Nalls Sherbakoff Group LLC acquired a new position in shares of US Foods during the fourth quarter worth approximately $36,000. Geneos Wealth Management Inc. lifted its holdings in shares of US Foods by 120.1% in 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 in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of US Foods in the 3rd quarter worth $49,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Trading Down 0.2%

Shares of US Foods stock opened at $104.04 on Monday. The stock has a fifty day simple moving average of $89.21 and a 200 day simple moving average of $88.04. US Foods Holding Corp. has a 12-month low of $69.88 and a 12-month high of $104.43. The company has a market capitalization of $22.91 billion, a P/E ratio of 35.03, a price-to-earnings-growth ratio of 1.33 and a beta of 0.79. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.16.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). The company had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $9.66 billion. US Foods had a net margin of 1.71% and a return on equity of 19.37%. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, sell-side analysts anticipate that US Foods Holding Corp. will post 4.34 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on USFD. Weiss Ratings lowered shares of US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. reduced their price objective on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Wall Street Zen downgraded shares of US Foods from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. BTIG Research lowered their target price on shares of US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Finally, Piper Sandler lowered their target price on shares of US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. Ten research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $105.50.

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.