Hilltop National Bank Takes $167,000 Position in Performance Food Group Company $PFGC

Hilltop National Bank acquired a new position in Performance Food Group Company (NYSE:PFGC) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,904 shares of the food distribution company’s stock, valued at approximately $167,000.

A number of other institutional investors also recently bought and sold shares of the company. Moody Lynn & Lieberson LLC bought a new stake in shares of Performance Food Group during the 2nd quarter valued at about $1,390,000. SG Americas Securities LLC grew its position in Performance Food Group by 746.2% during the first quarter. SG Americas Securities LLC now owns 11,178 shares of the food distribution company’s stock valued at $879,000 after buying an additional 9,857 shares during the period. Dimensional Fund Advisors LP increased its holdings in Performance Food Group by 6.6% during 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 buying an additional 137,998 shares during the last quarter. CX Institutional raised its position in Performance Food Group by 16.0% in the second quarter. CX Institutional now owns 22,203 shares of the food distribution company’s stock worth $1,942,000 after acquiring an additional 3,066 shares during the period. Finally, Coppell Advisory Solutions LLC boosted its stake in shares of Performance Food Group by 10,786.7% during the 1st quarter. Coppell Advisory Solutions LLC now owns 9,036 shares of the food distribution company’s stock worth $711,000 after acquiring an additional 8,953 shares during the last quarter. Institutional investors own 96.87% of the company’s stock.

Insider Transactions at Performance Food Group

In other Performance Food Group news, insider Erika T. Davis sold 4,316 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $100.52, for a total transaction of $433,844.32. Following the completion of the transaction, the insider owned 55,373 shares in the company, valued at $5,566,093.96. This trade represents a 7.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Donald S. Bulmer sold 4,348 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $100.52, for a total value of $437,060.96. Following the sale, the insider directly owned 58,526 shares in the company, valued at $5,883,033.52. This trade represents a 6.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 58,968 shares of company stock worth $5,944,596. 2.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on PFGC shares. Guggenheim reaffirmed a “buy” rating and issued a $115.00 target price on shares of Performance Food Group in a report on Tuesday, August 26th. Piper Sandler raised Performance Food Group from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $90.00 to $114.00 in a research note on Tuesday, September 2nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Performance Food Group in a research report on Saturday, September 27th. Wells Fargo & Company increased their target price 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, Truist Financial raised 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. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $111.00.

Performance Food Group Trading Up 0.2%

PFGC stock opened at $102.62 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. Performance Food Group Company has a 1-year low of $68.39 and a 1-year high of $109.05. The business has a 50 day simple moving average of $102.21 and a two-hundred day simple moving average of $90.85. The company has a market capitalization of $16.06 billion, a price-to-earnings ratio of 47.29, a PEG ratio of 1.16 and a beta of 1.09.

Performance Food Group (NYSE:PFGC) last released its earnings results on Wednesday, August 13th. The food distribution company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.45 by $0.10. The firm had revenue of $16.94 billion for 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 quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.45 earnings per share. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Research analysts anticipate that Performance Food Group Company will post 4.58 EPS for the current fiscal year.

About Performance Food Group

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.