Elo Mutual Pension Insurance Co Boosts Stock Holdings in Performance Food Group Company $PFGC

Elo Mutual Pension Insurance Co grew its holdings in Performance Food Group Company (NYSE:PFGC) by 30.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,470 shares of the food distribution company’s stock after purchasing an additional 4,333 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Performance Food Group were worth $1,616,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in PFGC. Parkside Financial Bank & Trust boosted its position in shares of Performance Food Group by 51.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 363 shares of the food distribution company’s stock worth $32,000 after purchasing an additional 123 shares during the period. Spirepoint Private Client LLC grew its stake in shares of Performance Food Group by 2.7% during the second quarter. Spirepoint Private Client LLC now owns 7,082 shares of the food distribution company’s stock worth $619,000 after purchasing an additional 184 shares in the last quarter. CENTRAL TRUST Co increased its stake in Performance Food Group by 40.8% in the second quarter. CENTRAL TRUST Co now owns 690 shares of the food distribution company’s stock valued at $60,000 after purchasing an additional 200 shares during the last quarter. Hsbc Holdings PLC increased its position in shares of Performance Food Group by 8.7% during the first quarter. Hsbc Holdings PLC now owns 2,837 shares of the food distribution company’s stock worth $222,000 after purchasing an additional 227 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in Performance Food Group by 2.7% during the 1st quarter. HighTower Advisors LLC now owns 9,291 shares of the food distribution company’s stock worth $731,000 after purchasing an additional 244 shares during the period. 96.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Hugh Patrick Hatcher sold 5,000 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $105.07, for a total transaction of $525,350.00. Following the transaction, the insider directly owned 47,655 shares of the company’s stock, valued at approximately $5,007,110.85. This trade represents a 9.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider A Brent King sold 6,334 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $105.10, for a total transaction of $665,703.40. Following the completion of the transaction, the insider owned 62,852 shares of the company’s stock, valued at $6,605,745.20. This represents a 9.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 15,434 shares of company stock valued at $1,621,799. Company insiders own 4.50% of the company’s stock.

Analysts Set New Price Targets

PFGC has been the subject of a number of recent analyst reports. Sanford C. Bernstein began coverage on shares of Performance Food Group in a research report on Wednesday, October 22nd. They issued an “outperform” rating and a $130.00 price objective for the company. Guggenheim reiterated a “buy” rating and issued a $115.00 price target on shares of Performance Food Group in a report on Tuesday, August 26th. Wells Fargo & Company upped their target price on Performance Food Group from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Wednesday, August 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Performance Food Group in a research note on Tuesday. Finally, Truist Financial upped their target price on shares of Performance Food Group from $101.00 to $118.00 and gave the company a “buy” rating in a report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.60.

Performance Food Group Stock Performance

PFGC stock opened at $96.23 on Friday. Performance Food Group Company has a 1 year low of $68.39 and a 1 year high of $109.05. The stock has a market capitalization of $15.09 billion, a price-to-earnings ratio of 44.35, a PEG ratio of 1.11 and a beta of 1.08. 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’s fifty day moving average is $99.48 and its two-hundred day moving average is $96.32.

Performance Food Group (NYSE:PFGC) last issued its quarterly earnings data on Wednesday, November 5th. The food distribution company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.02. Performance Food Group had a return on equity of 16.23% and a net margin of 0.54%.The business had revenue of $17.08 billion during the quarter, compared to the consensus estimate of $16.87 billion. During the same period in the previous year, the firm posted $1.16 earnings per share. The business’s revenue was up 10.8% on a year-over-year basis. Performance Food Group has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, research analysts predict that Performance Food Group Company will post 4.58 EPS for the current year.

Performance Food Group Company 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.