Inceptionr LLC Decreases Stock Holdings in Performance Food Group Company $PFGC

Inceptionr LLC lowered its holdings in Performance Food Group Company (NYSE:PFGC) by 45.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,471 shares of the food distribution company’s stock after selling 6,106 shares during the period. Inceptionr LLC’s holdings in Performance Food Group were worth $653,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Parkside Financial Bank & Trust boosted its position in 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. AlphaQuest LLC lifted its stake in shares of Performance Food Group by 658.0% during the second quarter. AlphaQuest LLC now owns 379 shares of the food distribution company’s stock worth $33,000 after purchasing an additional 329 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Performance Food Group in the first quarter worth about $44,000. Golden State Wealth Management LLC grew its stake in shares of Performance Food Group by 148.6% in the second quarter. Golden State Wealth Management LLC now owns 522 shares of the food distribution company’s stock valued at $46,000 after buying an additional 312 shares in the last quarter. Finally, SVB Wealth LLC purchased a new stake in shares of Performance Food Group during the 1st quarter valued at about $59,000. Institutional investors and hedge funds own 96.87% of the company’s stock.

Performance Food Group Stock Down 0.4%

Shares of Performance Food Group stock opened at $96.23 on Friday. The business has a 50-day moving average price of $99.48 and a 200 day moving average price of $96.32. Performance Food Group Company has a fifty-two week low of $68.39 and a fifty-two week high of $109.05. The firm has a market cap of $15.09 billion, a P/E ratio of 44.35, a P/E/G ratio of 1.11 and a beta of 1.08. 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 (NYSE:PFGC) last released its earnings results on Wednesday, November 5th. The food distribution company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $17.08 billion for the quarter, compared to the consensus estimate of $16.87 billion. During the same quarter last year, the business posted $1.16 EPS. Performance Food Group’s quarterly revenue was up 10.8% compared to the same quarter last year. Performance Food Group has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, sell-side analysts forecast that Performance Food Group Company will post 4.58 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Performance Food Group news, insider Erika T. Davis sold 4,100 shares of the business’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total transaction of $430,746.00. Following the completion of the sale, the insider owned 46,541 shares in the company, valued at $4,889,597.46. The trade was a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 transaction of $525,350.00. Following the sale, the insider directly owned 47,655 shares in the company, valued at $5,007,110.85. This trade represents a 9.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 15,434 shares of company stock valued at $1,621,799 over the last 90 days. 4.50% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PFGC. Truist Financial upped their price target on Performance Food Group from $101.00 to $118.00 and gave the stock a “buy” rating in a report on Thursday, August 14th. Barclays upped their target price on shares of Performance Food Group from $118.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. UBS Group lifted their price target on shares of Performance Food Group from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. Guggenheim reiterated a “buy” rating and issued a $115.00 price objective on shares of Performance Food Group in a report on Tuesday, August 26th. Finally, Wall Street Zen downgraded Performance Food Group from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $114.60.

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.