Brooklyn Investment Group Buys 1,740 Shares of Performance Food Group Company $PFGC

Brooklyn Investment Group boosted its stake in Performance Food Group Company (NYSE:PFGC) by 2,676.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,805 shares of the food distribution company’s stock after purchasing an additional 1,740 shares during the quarter. Brooklyn Investment Group’s holdings in Performance Food Group were worth $142,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in PFGC. Victory Capital Management Inc. boosted its holdings in Performance Food Group by 59.3% in 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 acquiring an additional 2,318,763 shares in the last quarter. JPMorgan Chase & Co. increased its holdings 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 acquiring an additional 1,503,703 shares in the last quarter. Junto Capital Management LP raised its position in shares of Performance Food Group by 419.9% during the fourth quarter. Junto Capital Management LP now owns 1,406,080 shares of the food distribution company’s stock worth $118,884,000 after purchasing an additional 1,135,641 shares during the period. Nuveen LLC acquired a new position in shares of Performance Food Group during the first quarter worth approximately $69,456,000. Finally, Point72 Asset Management L.P. lifted its holdings in shares of Performance Food Group by 30.9% in the 4th quarter. Point72 Asset Management L.P. now owns 2,111,242 shares of the food distribution company’s stock worth $178,506,000 after purchasing an additional 498,554 shares in the last quarter. Institutional investors and hedge funds own 96.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on PFGC. UBS Group boosted 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 note on Thursday, August 14th. Morgan Stanley boosted their target price on shares of Performance Food Group from $93.00 to $96.00 and gave the stock an “equal weight” rating in a research report on Monday, July 14th. Wall Street Zen lowered shares of Performance Food Group from a “buy” rating to a “hold” rating in a report on Sunday, July 6th. Truist Financial lifted their price target on Performance Food Group from $101.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. Finally, Citigroup began coverage on Performance Food Group in a research note on Thursday, May 22nd. They issued a “buy” rating and a $121.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Performance Food Group presently has an average rating of “Moderate Buy” and a consensus price target of $106.00.

Performance Food Group Stock Performance

Shares of Performance Food Group stock opened at $100.9930 on Thursday. The business’s fifty day simple moving average is $94.11 and its 200 day simple moving average is $86.13. The company has a current ratio of 1.58, a quick ratio of 0.72 and a debt-to-equity ratio of 1.51. Performance Food Group Company has a 12 month low of $68.39 and a 12 month high of $103.50. The firm has a market capitalization of $15.81 billion, a P/E ratio of 46.54, a price-to-earnings-growth ratio of 1.12 and a beta of 1.20.

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

Insider Activity at Performance Food Group

In other news, insider Erika T. Davis sold 8,200 shares of the stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $89.72, for a total transaction of $735,704.00. Following the completion of the transaction, the insider directly owned 46,722 shares of the company’s stock, valued at $4,191,897.84. This represents a 14.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Hugh Patrick Hatcher sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $95.00, for a total transaction of $190,000.00. Following the sale, the insider owned 35,239 shares of the company’s stock, valued at approximately $3,347,705. The trade was a 5.37% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 53,731 shares of company stock valued at $4,960,387 in the last three months. Insiders own 2.80% 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.