Machina Capital S.A.S. Purchases New Shares in Performance Food Group Company $PFGC

Machina Capital S.A.S. purchased a new stake in shares of Performance Food Group Company (NYSE:PFGC) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,509 shares of the food distribution company’s stock, valued at approximately $394,000.

A number of other large investors also recently made changes to their positions in PFGC. Victory Capital Management Inc. lifted its stake 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 worth $489,800,000 after buying an additional 2,318,763 shares during the period. JPMorgan Chase & Co. lifted its stake 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 worth $407,922,000 after buying an additional 1,503,703 shares during the period. Nuveen LLC acquired a new position in Performance Food Group during the first quarter valued at $69,456,000. Bain Capital Public Equity Management II LLC lifted its position in Performance Food Group by 14.1% during the first quarter. Bain Capital Public Equity Management II LLC now owns 2,377,994 shares of the food distribution company’s stock valued at $186,982,000 after purchasing an additional 293,837 shares during the period. Finally, Woodline Partners LP acquired a new position in Performance Food Group during the first quarter valued at $20,030,000. 96.87% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

PFGC has been the subject of a number of research reports. Truist Financial boosted their target price on shares of Performance Food Group from $101.00 to $118.00 and gave the company a “buy” rating in a research report on Thursday, August 14th. Guggenheim restated a “buy” rating and set a $115.00 target price on shares of Performance Food Group in a research report on Tuesday, August 26th. Sanford C. Bernstein initiated coverage on shares of Performance Food Group in a research report on Wednesday, October 22nd. They set an “outperform” rating and a $130.00 target price for the company. Wall Street Zen downgraded shares of Performance Food Group from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Finally, Piper Sandler upgraded shares of Performance Food Group from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $90.00 to $114.00 in a research report on Tuesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $112.45.

Performance Food Group Trading Down 1.4%

Shares of Performance Food Group stock opened at $96.57 on Wednesday. The firm has a 50-day simple moving average of $102.46 and a two-hundred day simple moving average of $94.77. The company has a market cap of $15.14 billion, a P/E ratio of 44.50, a price-to-earnings-growth ratio of 1.11 and a beta of 1.09. Performance Food Group Company has a fifty-two week low of $68.39 and a fifty-two week high of $109.05. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.72 and a current ratio of 1.58.

Performance Food Group (NYSE:PFGC) last issued its quarterly earnings data on Wednesday, August 13th. The food distribution company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.45 by $0.10. The business had revenue of $16.94 billion during the quarter, compared to the consensus estimate 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 quarter in the prior year, the firm posted $1.45 earnings per share. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, equities analysts predict that Performance Food Group Company will post 4.58 earnings per share for the current fiscal year.

Insider Activity

In other news, insider A Brent King sold 9,136 shares of the business’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $100.51, for a total transaction of $918,259.36. Following the completion of the sale, the insider owned 66,540 shares of the company’s stock, valued at $6,687,935.40. The trade was a 12.07% 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 Donald S. Bulmer sold 4,348 shares of the business’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $100.52, for a total transaction of $437,060.96. Following the sale, the insider directly owned 58,526 shares of the company’s stock, valued at $5,883,033.52. This represents a 6.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 42,768 shares of company stock worth $4,373,921. 4.50% of the stock is currently 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.