US Foods Holding Corp. $USFD Shares Acquired by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC increased its position in shares of US Foods Holding Corp. (NYSE:USFD) by 350.6% during the 1st quarter, HoldingsChannel reports. The fund owned 21,022 shares of the company’s stock after acquiring an additional 16,357 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in US Foods were worth $1,938,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of USFD. Fulton Bank N.A. raised its stake in US Foods by 4.3% during the first quarter. Fulton Bank N.A. now owns 12,204 shares of the company’s stock worth $1,125,000 after purchasing an additional 502 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of US Foods by 5.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 57,243 shares of the company’s stock worth $5,278,000 after buying an additional 3,141 shares during the last quarter. Louisiana State Employees Retirement System purchased a new stake in shares of US Foods during the 1st quarter valued at approximately $5,892,000. First American Bank lifted its holdings in US Foods by 2.9% in the first quarter. First American Bank now owns 44,657 shares of the company’s stock valued at $4,118,000 after acquiring an additional 1,248 shares during the last quarter. Finally, Kestra Private Wealth Services LLC acquired a new position in US Foods in the first quarter valued at approximately $260,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Stock Down 0.2%

NYSE:USFD opened at $104.04 on Monday. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.16. The stock’s fifty day moving average is $89.21 and its two-hundred day moving average is $88.04. US Foods Holding Corp. has a 52 week low of $69.88 and a 52 week high of $104.43. The stock has a market capitalization of $22.91 billion, a price-to-earnings ratio of 35.03, a price-to-earnings-growth ratio of 1.33 and a beta of 0.79.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). The firm had revenue of $9.61 billion during the quarter, compared to analyst estimates 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 firm posted $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Research analysts anticipate that US Foods Holding Corp. will post 4.34 EPS for the current year.

Analysts Set New Price Targets

USFD has been the subject of several recent analyst reports. Zacks Research cut US Foods from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 1st. Citigroup decreased their price target on US Foods from $115.00 to $111.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Piper Sandler lowered their price target on US Foods from $103.00 to $88.00 and set a “neutral” rating for the company in a report on Monday, June 1st. Weiss Ratings downgraded US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Finally, Wall Street Zen lowered shares of US Foods from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Ten investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, US Foods presently has an average rating of “Moderate Buy” and an average price target of $105.50.

US Foods 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.