Erika Davis Sells 1,529 Shares of Performance Food Group (NYSE:PFGC) Stock

Performance Food Group Company (NYSE:PFGC) insider Erika Davis sold 1,529 shares of the company’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $99.65, for a total value of $152,364.85. Following the completion of the sale, the insider owned 59,689 shares of the company’s stock, valued at $5,948,008.85. This trade represents a 2.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Performance Food Group Trading Down 1.5%

NYSE:PFGC opened at $99.5430 on Friday. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.58 and a quick ratio of 0.72. The firm has a market capitalization of $15.58 billion, a price-to-earnings ratio of 45.87, a price-to-earnings-growth ratio of 1.14 and a beta of 1.20. Performance Food Group Company has a one year low of $68.39 and a one year high of $103.50. The business has a fifty day moving average price of $94.35 and a 200-day moving average price of $86.19.

Performance Food Group (NYSE:PFGC) last issued its quarterly earnings results on Wednesday, August 13th. The food distribution company reported $1.55 earnings per share (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 business had revenue of $16.94 billion during the quarter, compared to analyst estimates of $16.85 billion. During the same quarter in the prior year, the business posted $1.45 EPS. Performance Food Group’s revenue for the quarter 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. Sell-side analysts forecast that Performance Food Group Company will post 4.58 EPS for the current year.

Wall Street Analyst Weigh In

PFGC has been the subject of a number of analyst reports. Wells Fargo & Company increased their price target on Performance Food Group from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 13th. Truist Financial increased their price target on Performance Food Group from $101.00 to $118.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. Citigroup initiated coverage on Performance Food Group in a research note on Thursday, May 22nd. They issued a “buy” rating and a $121.00 price target for the company. Wall Street Zen lowered Performance Food Group from a “buy” rating to a “hold” rating in a research note on Sunday, July 6th. Finally, Barclays increased their price target on Performance Food Group from $112.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Performance Food Group presently has a consensus rating of “Moderate Buy” and an average target price of $106.00.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Victory Capital Management Inc. grew its position in shares of Performance Food Group by 59.3% during the first quarter. Victory Capital Management Inc. now owns 6,229,169 shares of the food distribution company’s stock valued at $489,800,000 after purchasing an additional 2,318,763 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Performance Food Group by 40.8% during the first quarter. JPMorgan Chase & Co. now owns 5,187,869 shares of the food distribution company’s stock valued at $407,922,000 after purchasing an additional 1,503,703 shares in the last quarter. Wellington Management Group LLP grew its position in shares of Performance Food Group by 1.5% during the first quarter. Wellington Management Group LLP now owns 3,966,667 shares of the food distribution company’s stock valued at $311,899,000 after purchasing an additional 57,032 shares in the last quarter. Holocene Advisors LP grew its position in shares of Performance Food Group by 8.6% during the second quarter. Holocene Advisors LP now owns 3,078,977 shares of the food distribution company’s stock valued at $269,318,000 after purchasing an additional 244,793 shares in the last quarter. Finally, Eminence Capital LP grew its position in shares of Performance Food Group by 3.2% during the fourth quarter. Eminence Capital LP now owns 2,579,368 shares of the food distribution company’s stock valued at $218,086,000 after purchasing an additional 79,591 shares in the last quarter. Hedge funds and other institutional investors own 96.87% of the company’s stock.

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.