Performance Food Group Company $PFGC Stock Holdings Lifted by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. grew its position in Performance Food Group Company (NYSE:PFGC) by 12.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 10,784 shares of the food distribution company’s stock after acquiring an additional 1,205 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Performance Food Group were worth $943,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PFGC. 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 in the last quarter. Wellington Management Group LLP raised its position in 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 acquiring an additional 57,032 shares in the last quarter. Bain Capital Public Equity Management II LLC lifted its stake 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 valued at $186,982,000 after acquiring an additional 293,837 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Performance Food Group by 6.6% in the first quarter. Dimensional Fund Advisors LP now owns 2,221,430 shares of the food distribution company’s stock valued at $174,647,000 after acquiring an additional 137,998 shares during the last quarter. Finally, Jennison Associates LLC grew its position in Performance Food Group by 10.2% in the second quarter. Jennison Associates LLC now owns 1,860,048 shares of the food distribution company’s stock worth $162,698,000 after acquiring an additional 171,957 shares in the last quarter. 96.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Performance Food Group in a report on Wednesday. Wall Street Zen lowered Performance Food Group from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. 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 research note on Thursday, August 14th. Barclays raised their price objective on Performance Food Group from $118.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Finally, Piper Sandler upped their target price on Performance Food Group from $114.00 to $116.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $114.60.

Performance Food Group Trading Up 2.5%

Performance Food Group stock opened at $96.66 on Friday. Performance Food Group Company has a 52 week low of $68.39 and a 52 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. The firm has a market capitalization of $15.16 billion, a PE ratio of 44.54, a PEG ratio of 1.11 and a beta of 1.08. The business’s 50-day simple moving average is $100.33 and its 200-day simple moving average is $95.98.

Performance Food Group (NYSE:PFGC) last released its earnings results on Wednesday, November 5th. The food distribution company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.02. The firm had revenue of $17.08 billion for the quarter, compared to analyst estimates of $16.87 billion. Performance Food Group had a return on equity of 16.23% and a net margin of 0.54%.The company’s revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.16 EPS. Performance Food Group has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Equities research analysts forecast that Performance Food Group Company will post 4.58 earnings per share for the current year.

Insider Activity at Performance Food Group

In other Performance Food Group news, insider A Brent King sold 6,334 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $105.10, for a total value of $665,703.40. Following the completion of the sale, the insider directly owned 62,852 shares of the company’s stock, valued at $6,605,745.20. This represents a 9.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Erika T. Davis sold 4,100 shares of the firm’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 completion of the sale, the insider owned 46,541 shares in the company, valued at $4,889,597.46. This represents a 8.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 22,011 shares of company stock worth $2,290,120. Insiders own 4.50% 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.