Wedbush Reaffirms “Neutral” Rating for UFP Industries (NASDAQ:UFPI)

Wedbush restated their neutral rating on shares of UFP Industries (NASDAQ:UFPI) in a report issued on Tuesday, RTT News reports. The firm currently has a $120.00 price target on the construction company’s stock, up from their previous price target of $102.00. Wedbush also issued estimates for UFP Industries’ Q2 2026 earnings at $2.36 EPS.

Several other equities analysts also recently commented on the company. Benchmark lowered their price target on UFP Industries from $137.00 to $133.00 and set a buy rating on the stock in a report on Wednesday, May 1st. StockNews.com lowered UFP Industries from a strong-buy rating to a buy rating in a research note on Friday, July 5th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, UFP Industries presently has an average rating of Moderate Buy and an average price target of $132.60.

UFP Industries Stock Down 4.3 %

UFPI stock opened at $126.20 on Tuesday. The firm has a market cap of $7.79 billion, a PE ratio of 15.70 and a beta of 1.40. UFP Industries has a 1 year low of $90.62 and a 1 year high of $136.93. The company has a fifty day simple moving average of $116.97 and a 200 day simple moving average of $116.51. The company has a current ratio of 4.34, a quick ratio of 3.37 and a debt-to-equity ratio of 0.07.

UFP Industries (NASDAQ:UFPI) last announced its quarterly earnings results on Tuesday, July 30th. The construction company reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $2.03 by $0.02. The company had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.87 billion. UFP Industries had a return on equity of 15.86% and a net margin of 7.02%. The business’s quarterly revenue was down 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.36 earnings per share. Sell-side analysts anticipate that UFP Industries will post 7.52 EPS for the current fiscal year.

UFP Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Stockholders of record on Monday, September 2nd will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, August 30th. UFP Industries’s dividend payout ratio (DPR) is currently 16.42%.

Insider Activity

In other UFP Industries news, Director Bruce A. Merino sold 16,472 shares of the stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $117.88, for a total value of $1,941,719.36. Following the transaction, the director now directly owns 7,107 shares in the company, valued at approximately $837,773.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other UFP Industries news, insider Patrick M. Benton sold 11,725 shares of the company’s stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $115.27, for a total value of $1,351,540.75. Following the completion of the sale, the insider now owns 97,729 shares of the company’s stock, valued at $11,265,221.83. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bruce A. Merino sold 16,472 shares of UFP Industries stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $117.88, for a total value of $1,941,719.36. Following the transaction, the director now owns 7,107 shares in the company, valued at $837,773.16. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,687 shares of company stock worth $3,831,653. 2.58% of the stock is owned by corporate insiders.

Institutional Trading of UFP Industries

A number of large investors have recently bought and sold shares of the business. Foundry Partners LLC increased its stake in UFP Industries by 13.1% in the 1st quarter. Foundry Partners LLC now owns 39,107 shares of the construction company’s stock valued at $4,811,000 after buying an additional 4,526 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of UFP Industries by 28.6% during the first quarter. Nordea Investment Management AB now owns 114,762 shares of the construction company’s stock worth $14,150,000 after purchasing an additional 25,508 shares during the period. NewEdge Wealth LLC acquired a new stake in UFP Industries during the fourth quarter worth approximately $3,046,000. Acadian Asset Management LLC bought a new stake in UFP Industries during the first quarter worth about $1,214,000. Finally, Empowered Funds LLC increased its stake in UFP Industries by 14.9% in the first quarter. Empowered Funds LLC now owns 56,562 shares of the construction company’s stock valued at $6,958,000 after acquiring an additional 7,320 shares during the last quarter. 81.81% of the stock is owned by institutional investors.

UFP Industries Company Profile

UFP Industries, Inc, through its subsidiaries, designs, manufactures, and markets wood and non-wood composites, and other materials in North America, Europe, Asia, and Australia. It operates through Retail, Packaging, and Construction segments. The Retail segment offers treated lumber products, including decking, fencing, lattice, and other products; pressure-treated and fire-retardant products used primarily for outdoor decking environments; and lawn and garden products, consisting of wood and vinyl fencing options, garden beds and planters, pergolas, picnic tables, and other landscaping products.