United Natural Foods (UNFI)

• Market cap: $1.71B
• 1 day: 1.96%
• 5 days: 6.17%
• 1 month: 1.56%
• 3 months: 29.61%
• 6 months: 105.17%
• Year to date: 3.59%
• 1 year: 96.70%
• 5 years: 241.87%
• 10 years: -63.62%
• Sector: Consumer Staples
• Industry: Groceries, General Line

About: United Natural Foods Inc is a wholesale distributor of natural, organic and specialty foods and nonfood products across North America. The company's products consist of national, regional and private label brands grouped into grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. United Natural Foods serves various retail formats including conventional supermarket chains, natural product superstores, independent retail operators and foodservice channels such as e-commerce platforms. The company's operations are comprised of principal divisions: the wholesale division; the retail division; and other.

Employees: 28,333

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

48% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 23

29% more call options, than puts

Call options by funds: $24M | Put options by funds: $18.7M

24% more capital invested

Capital invested by funds: $713M [Q2] → $886M (+$172M) [Q3]

4% more funds holding

Funds holding: 222 [Q2] → 231 (+9) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]

3.08% less ownership

Funds ownership: 91.59% [Q2] → 88.51% (-3.08%) [Q3]

27% less repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 84

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $25 13% downside
• Avg. target: $28 3% downside
• High target: $32 12% upside

3 analyst ratings

• positive: 0 0%
• neutral: 2 67%
• negative: 1 33%

Wells Fargo Edward Kelly 58% 1-year accuracy 19 / 33 met price target	13% downside $25	Underweight Maintained	10 Jan 2025
Roth MKM Bill Kirk 41% 1-year accuracy 7 / 17 met price target	9% downside $26	Neutral Maintained	12 Dec 2024
BMO Capital Kelly Bania 79% 1-year accuracy 19 / 24 met price target	12% upside $32	Market Perform Maintained	11 Dec 2024