UniFirst Co. (NYSE:UNF – Free Report) – William Blair upped their FY2025 earnings estimates for UniFirst in a note issued to investors on Wednesday, January 8th. William Blair analyst T. Mulrooney now anticipates that the textile maker will post earnings of $7.63 per share for the year, up from their prior forecast of $7.57. The consensus estimate for UniFirst’s current full-year earnings is $7.68 per share. William Blair also issued estimates for UniFirst’s Q2 2026 earnings at $1.59 EPS, Q4 2026 earnings at $2.49 EPS and FY2026 earnings at $8.89 EPS.
UniFirst (NYSE:UNF – Get Free Report) last released its quarterly earnings data on Wednesday, January 8th. The textile maker reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.09. UniFirst had a return on equity of 7.47% and a net margin of 5.99%. The firm had revenue of $604.91 million during the quarter, compared to analyst estimates of $606.60 million. During the same period in the prior year, the company posted $2.26 earnings per share. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year.
Get Our Latest Stock Analysis on UniFirst
UniFirst Trading Down 0.6 %
NYSE UNF opened at $225.07 on Monday. UniFirst has a 1-year low of $149.58 and a 1-year high of $243.70. The company has a 50 day moving average of $192.52 and a 200-day moving average of $187.84. The firm has a market cap of $4.18 billion, a price-to-earnings ratio of 28.97 and a beta of 0.87.
Hedge Funds Weigh In On UniFirst
Several institutional investors and hedge funds have recently made changes to their positions in the company. Arizona State Retirement System lifted its holdings in UniFirst by 1.9% during the second quarter. Arizona State Retirement System now owns 4,231 shares of the textile maker’s stock worth $726,000 after acquiring an additional 78 shares in the last quarter. Acadian Asset Management LLC bought a new position in shares of UniFirst during the 2nd quarter valued at about $348,000. American Century Companies Inc. grew its position in shares of UniFirst by 25.9% in the 2nd quarter. American Century Companies Inc. now owns 173,315 shares of the textile maker’s stock valued at $29,729,000 after purchasing an additional 35,604 shares during the period. Envestnet Asset Management Inc. increased its stake in UniFirst by 17.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 144,090 shares of the textile maker’s stock worth $24,716,000 after purchasing an additional 21,547 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in UniFirst by 3.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 737,003 shares of the textile maker’s stock worth $126,418,000 after buying an additional 23,069 shares during the period. Institutional investors and hedge funds own 78.17% of the company’s stock.
Insiders Place Their Bets
In related news, VP David Martin Katz sold 587 shares of the company’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $193.08, for a total value of $113,337.96. Following the completion of the sale, the vice president now owns 5,625 shares in the company, valued at approximately $1,086,075. This represents a 9.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Steven S. Sintros sold 3,207 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $193.04, for a total value of $619,079.28. Following the transaction, the chief executive officer now owns 22,571 shares in the company, valued at approximately $4,357,105.84. This trade represents a 12.44 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 13,294 shares of company stock valued at $2,546,632. 0.86% of the stock is currently owned by insiders.
UniFirst Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 7th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 0.62%. UniFirst’s dividend payout ratio (DPR) is presently 17.90%.
UniFirst Company Profile
UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments.
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