Bank of New York Mellon Corp Buys 35,854 Shares of US Foods Holding Corp. $USFD

Bank of New York Mellon Corp increased its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 2.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,449,124 shares of the company’s stock after acquiring an additional 35,854 shares during the period. Bank of New York Mellon Corp’s holdings in US Foods were worth $133,624,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC acquired a new position in shares of US Foods during the third quarter worth about $26,000. Steph & Co. acquired a new position in US Foods during the fourth quarter worth $34,000. Nalls Sherbakoff Group LLC acquired a new position in US Foods during the fourth quarter worth $36,000. Geneos Wealth Management Inc. grew its position in US Foods by 120.1% in the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after purchasing an additional 263 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in US Foods in the third quarter valued at $49,000. 98.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on USFD shares. JPMorgan Chase & Co. lowered their price target on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. TD Cowen began coverage on US Foods in a research report on Tuesday, July 7th. They issued a “buy” rating and a $116.00 target price on the stock. Piper Sandler dropped their target price on US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. Morgan Stanley increased their price target on US Foods from $94.00 to $103.00 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, Zacks Research downgraded US Foods from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 1st. Eleven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $107.00.

US Foods Price Performance

Shares of NYSE USFD opened at $97.04 on Monday. The business’s 50 day moving average price is $91.10 and its two-hundred day moving average price is $89.70. The company has a market cap of $21.37 billion, a PE ratio of 32.67, a price-to-earnings-growth ratio of 1.24 and a beta of 0.79. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.16. US Foods Holding Corp. has a twelve month low of $69.88 and a twelve month high of $105.17.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.04). US Foods had a net margin of 1.71% and a return on equity of 19.37%. The business had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $9.66 billion. During the same quarter in the prior year, the company earned $0.68 EPS. US Foods’s quarterly revenue was up 2.8% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, analysts predict that US Foods Holding Corp. will post 4.35 EPS for the current year.

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.