Performance Food Group Company $PFGC Shares Purchased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Performance Food Group Company (NYSE:PFGCFree Report) by 7.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 40,105 shares of the food distribution company’s stock after purchasing an additional 2,763 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Performance Food Group were worth $3,508,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in shares of Performance Food Group by 40.8% in the 1st quarter. JPMorgan Chase & Co. now owns 5,187,869 shares of the food distribution company’s stock valued at $407,922,000 after buying an additional 1,503,703 shares during the period. Nuveen LLC acquired a new position in Performance Food Group in the first quarter valued at approximately $69,456,000. Bain Capital Public Equity Management II LLC grew its position in Performance Food Group by 14.1% in the first quarter. Bain Capital Public Equity Management II LLC now owns 2,377,994 shares of the food distribution company’s stock worth $186,982,000 after acquiring an additional 293,837 shares during the period. Woodline Partners LP acquired a new stake in Performance Food Group during the first quarter worth $20,030,000. Finally, Goldman Sachs Group Inc. raised its position in Performance Food Group by 30.3% in the first quarter. Goldman Sachs Group Inc. now owns 791,881 shares of the food distribution company’s stock valued at $62,266,000 after purchasing an additional 184,066 shares during the period. 96.87% of the stock is owned by hedge funds and other institutional investors.

Performance Food Group Stock Down 0.7%

Shares of NYSE:PFGC opened at $93.96 on Thursday. The firm has a market capitalization of $14.73 billion, a PE ratio of 43.30, a price-to-earnings-growth ratio of 1.11 and a beta of 1.08. Performance Food Group Company has a 1 year low of $68.39 and a 1 year high of $109.05. 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’s 50-day moving average is $100.75 and its two-hundred day moving average is $95.89.

Performance Food Group (NYSE:PFGCGet Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The food distribution company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.16 by $0.02. The business had revenue of $17.08 billion during the quarter, compared to analyst estimates of $16.87 billion. Performance Food Group had a net margin of 0.54% and a return on equity of 16.23%. During the same quarter last year, the firm posted $1.16 earnings per share. The business’s revenue for the quarter 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. Analysts predict that Performance Food Group Company will post 4.58 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on PFGC shares. Sanford C. Bernstein initiated coverage on Performance Food Group in a research report on Wednesday, October 22nd. They set an “outperform” rating and a $130.00 price objective for the company. Truist Financial increased their target price on shares of Performance Food Group from $101.00 to $118.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. UBS Group lifted 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 report on Thursday, August 14th. Wells Fargo & Company upped their price objective on shares of Performance Food Group from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Wednesday, August 13th. Finally, Guggenheim reaffirmed a “buy” rating and set a $115.00 price objective on shares of Performance Food Group in a research report on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.60.

Read Our Latest Report on Performance Food Group

Insider Buying and Selling at Performance Food Group

In other news, insider Erika T. Davis sold 4,100 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $430,746.00. Following the sale, the insider owned 46,541 shares of the company’s stock, valued at approximately $4,889,597.46. This represents a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Hugh Patrick Hatcher sold 5,000 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $105.07, for a total value of $525,350.00. Following the completion of the sale, the insider owned 47,655 shares in the company, valued at approximately $5,007,110.85. The trade was a 9.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 22,011 shares of company stock worth $2,290,120. 4.50% of the stock is currently owned by insiders.

Performance Food Group Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding PFGC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Performance Food Group Company (NYSE:PFGCFree Report).

Institutional Ownership by Quarter for Performance Food Group (NYSE:PFGC)

Receive News & Ratings for Performance Food Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Performance Food Group and related companies with MarketBeat.com's FREE daily email newsletter.