Performance Food Group Company $PFGC Shares Sold by Aberdeen Group plc

Aberdeen Group plc lessened its holdings in Performance Food Group Company (NYSE:PFGC) by 4.4% during the second quarter, Holdings Channel.com reports. The firm owned 19,556 shares of the food distribution company’s stock after selling 905 shares during the quarter. Aberdeen Group plc’s holdings in Performance Food Group were worth $1,711,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Spirepoint Private Client LLC lifted its holdings in shares of Performance Food Group by 2.7% in the 2nd quarter. Spirepoint Private Client LLC now owns 7,082 shares of the food distribution company’s stock valued at $619,000 after buying an additional 184 shares during the period. CWM LLC grew its holdings in Performance Food Group by 8.6% during the first quarter. CWM LLC now owns 2,332 shares of the food distribution company’s stock worth $183,000 after acquiring an additional 185 shares during the period. QRG Capital Management Inc. grew its holdings in Performance Food Group by 4.7% during the first quarter. QRG Capital Management Inc. now owns 4,656 shares of the food distribution company’s stock worth $366,000 after acquiring an additional 208 shares during the period. Valeo Financial Advisors LLC raised its position in Performance Food Group by 6.9% in the first quarter. Valeo Financial Advisors LLC now owns 3,260 shares of the food distribution company’s stock worth $256,000 after acquiring an additional 209 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its holdings in Performance Food Group by 8.7% in the first quarter. Hsbc Holdings PLC now owns 2,837 shares of the food distribution company’s stock valued at $222,000 after acquiring an additional 227 shares during the period. Institutional investors and hedge funds own 96.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Wall Street Zen lowered shares of Performance Food Group from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Truist Financial raised their price objective on shares of Performance Food Group from $101.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. Barclays boosted their price objective on shares of Performance Food Group from $112.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, August 14th. Morgan Stanley increased their target price on shares of Performance Food Group from $93.00 to $96.00 and gave the company an “equal weight” rating in a report on Monday, July 14th. Finally, UBS Group lifted their price target on shares of Performance Food Group from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $111.00.

Insider Activity

In other Performance Food Group news, insider Erika T. Davis sold 4,316 shares of the business’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $100.52, for a total value of $433,844.32. Following the completion of the transaction, the insider directly owned 55,373 shares in the company, valued at approximately $5,566,093.96. The trade was a 7.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Hugh Patrick Hatcher sold 5,000 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $105.07, for a total value of $525,350.00. Following the transaction, the insider directly owned 47,655 shares in the company, valued at approximately $5,007,110.85. This represents a 9.50% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 42,768 shares of company stock worth $4,373,921. 2.80% of the stock is currently owned by corporate insiders.

Performance Food Group Stock Performance

NYSE PFGC opened at $101.23 on Friday. The company has a quick ratio of 0.72, a current ratio of 1.58 and a debt-to-equity ratio of 1.51. Performance Food Group Company has a fifty-two week low of $68.39 and a fifty-two week high of $109.05. The business has a fifty day moving average of $102.59 and a 200-day moving average of $92.39. The stock has a market cap of $15.87 billion, a price-to-earnings ratio of 46.65, a price-to-earnings-growth ratio of 1.14 and a beta of 1.09.

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

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.