Performance Food Group Company $PFGC Stock Holdings Increased by First Eagle Investment Management LLC

First Eagle Investment Management LLC raised its position in shares of Performance Food Group Company (NYSE:PFGC) by 6.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,102 shares of the food distribution company’s stock after buying an additional 598 shares during the quarter. First Eagle Investment Management LLC’s holdings in Performance Food Group were worth $884,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Moody Lynn & Lieberson LLC bought a new position in shares of Performance Food Group during the second quarter valued at approximately $1,390,000. Triasima Portfolio Management inc. acquired a new position in Performance Food Group during the 2nd quarter valued at approximately $248,000. Dimensional Fund Advisors LP grew its stake in Performance Food Group by 6.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,221,430 shares of the food distribution company’s stock worth $174,647,000 after buying an additional 137,998 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew its stake in Performance Food Group by 2.4% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 536,626 shares of the food distribution company’s stock worth $46,939,000 after buying an additional 12,480 shares during the last quarter. Finally, CX Institutional increased 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 buying an additional 3,066 shares during the period. Institutional investors and hedge funds own 96.87% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Guggenheim reissued a “buy” rating and set a $115.00 price target on shares of Performance Food Group in a report on Tuesday, August 26th. Piper Sandler upgraded shares of Performance Food Group from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $90.00 to $114.00 in a research report on Tuesday, September 2nd. Morgan Stanley raised their price target on shares of Performance Food Group from $93.00 to $96.00 and gave the company an “equal weight” rating in a research note on Monday, July 14th. Wall Street Zen downgraded Performance Food Group from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Finally, Weiss Ratings cut Performance Food Group from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $114.40.

Insider Transactions at Performance Food Group

In related news, insider A Brent King sold 6,334 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $105.10, for a total transaction of $665,703.40. Following the completion of the transaction, the insider owned 62,852 shares of the company’s stock, valued at $6,605,745.20. This trade represents a 9.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Hugh Patrick Hatcher sold 5,000 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $105.07, for a total transaction 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. This trade represents a 9.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 42,768 shares of company stock worth $4,373,921. Corporate insiders own 4.50% of the company’s stock.

Performance Food Group Trading Up 4.2%

Performance Food Group stock opened at $98.97 on Monday. Performance Food Group Company has a 12-month low of $68.39 and a 12-month 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 stock has a market capitalization of $15.52 billion, a PE ratio of 45.61, a price-to-earnings-growth ratio of 1.11 and a beta of 1.08. The firm has a 50 day simple moving average of $102.17 and a 200-day simple moving average of $95.16.

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

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.