Swedbank buys $9.73M stake in United Natural Foods as ratings split
What's the deal? SwedbankDealroom has a profile for this one. Try Dealroom → AB has bought a new $9.73 million stake in United Natural FoodsDealroom has a profile for this one. Try Dealroom →, acquiring 216,000 shares in the first quarter of 2026, according to its latest filing with the Securities and Exchange Commission.
What does the company do? United Natural Foods is a US grocery distributor listed on the NYSE under the ticker UNFI. It carries a market cap of $2.95 billion.
Why now? Swedbank joins a wave of institutional buyers. Cullen Frost Bankers, Quarry LP, Larson Financial GroupDealroom has a profile for this one. Try Dealroom →, International Assets Investment ManagementDealroom has a profile for this one. Try Dealroom →, and EverSource Wealth Advisors all opened or expanded positions in the same quarter. Institutions and hedge funds now hold 87.63% of the stock.
The numbers: United Natural Foods reported $0.77 earnings per share for the quarter ended June 9, missing the $0.81 consensus by $0.04. Revenue was $7.72 billion, below analyst estimates of $7.79 billion and down 4.2% year on year.
The company guided to full-year 2026 earnings of $2.40 to $2.60 per share. Analysts expect $2.52 for the current year.
What could go wrong? Analysts are split. Weiss Ratings kept a "sell" rating, while Goldman SachsDealroom has a profile for this one. Try Dealroom → held at "neutral" with a $47.00 target. BMO Capital MarketsDealroom has a profile for this one. Try Dealroom → reiterated an "outperform" rating and a $56.00 target, and Zacks Research lifted the stock to "strong-buy." The consensus rating is "Hold," with an average price target of $46.38.
The signal: Heavy institutional ownership and a widening spread between bullish and bearish analyst calls point to uncertainty over United Natural Foods, whose shares trade at $48.81 — above the $46.38 consensus target but well within a 52-week range of $23.36 to $57.02.
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