Performance Food Group Company $PFGC Shares Bought by QRG Capital Management Inc.

QRG Capital Management Inc. lifted its holdings in Performance Food Group Company (NYSE:PFGC) by 8.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,053 shares of the food distribution company’s stock after purchasing an additional 397 shares during the period. QRG Capital Management Inc.’s holdings in Performance Food Group were worth $442,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in PFGC. UMB Bank n.a. grew its stake in shares of Performance Food Group by 52.6% in the 1st quarter. UMB Bank n.a. now owns 1,169 shares of the food distribution company’s stock worth $92,000 after purchasing an additional 403 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Performance Food Group by 203.7% in the 1st quarter. Farther Finance Advisors LLC now owns 498 shares of the food distribution company’s stock worth $40,000 after purchasing an additional 334 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Performance Food Group by 19.1% in the 1st quarter. GAMMA Investing LLC now owns 2,012 shares of the food distribution company’s stock worth $158,000 after purchasing an additional 322 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of Performance Food Group by 746.2% in the 1st quarter. SG Americas Securities LLC now owns 11,178 shares of the food distribution company’s stock worth $879,000 after purchasing an additional 9,857 shares during the last quarter. Finally, Fifth Third Bancorp grew its stake in shares of Performance Food Group by 26.1% in the 1st quarter. Fifth Third Bancorp now owns 1,144 shares of the food distribution company’s stock worth $90,000 after purchasing an additional 237 shares during the last quarter. Institutional investors and hedge funds own 96.87% of the company’s stock.

Performance Food Group Stock Performance

PFGC stock opened at $99.80 on Friday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.72 and a current ratio of 1.58. The stock has a market cap of $15.62 billion, a P/E ratio of 45.99, a P/E/G ratio of 1.13 and a beta of 1.09. The firm has a 50 day simple moving average of $102.22 and a 200 day simple moving average of $91.57. Performance Food Group Company has a 52 week low of $68.39 and a 52 week high of $109.05.

Performance Food Group (NYSE:PFGC) last posted its earnings results on Wednesday, August 13th. The food distribution company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.10. The firm had revenue of $16.94 billion during the quarter, compared to analysts’ expectations of $16.85 billion. Performance Food Group had a net margin of 0.54% and a return on equity of 16.23%. The company’s revenue was up 11.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.45 earnings per share. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Research analysts anticipate that Performance Food Group Company will post 4.58 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on PFGC shares. Piper Sandler raised shares of Performance Food Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $90.00 to $114.00 in a research note on Tuesday, September 2nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Performance Food Group in a research report on Wednesday. Morgan Stanley lifted their target price on shares of Performance Food Group from $93.00 to $96.00 and gave the stock an “equal weight” rating in a research report on Monday, July 14th. Truist Financial lifted their target price on shares of Performance Food Group from $101.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. Finally, Guggenheim reissued a “buy” rating and issued a $115.00 target price on shares of Performance Food Group in a research report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $111.00.

Insider Buying and Selling at Performance Food Group

In other Performance Food Group news, insider A Brent King sold 6,334 shares of Performance Food Group stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $105.10, for a total value of $665,703.40. Following the completion of the sale, the insider directly owned 62,852 shares in the company, valued at $6,605,745.20. The trade was a 9.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Donald S. Bulmer sold 1,308 shares of Performance Food Group stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $101.56, for a total transaction of $132,840.48. Following the completion of the sale, the insider owned 53,794 shares of the company’s stock, valued at $5,463,318.64. This trade represents a 2.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 49,103 shares of company stock valued at $5,007,421 over the last three months. 2.80% of the stock is owned by insiders.

Performance Food Group Profile

Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates through three segments: Foodservice, Vistar, and Convenience. The company offers a range of frozen foods, groceries, candy, snacks, beverages, cigarettes, and other tobacco products; beef, pork, poultry, and seafood; and health and beauty care products.