5,872 Shares in Performance Food Group Company $PFGC Bought by Vident Advisory LLC

Key Points

• Vident Advisory LLC purchased 5,872 shares of Performance Food Group Company (NYSE:PFGC), valued at approximately $462,000, in its recent 13F filing.
• Institutional investors currently own 96.87% of the company's stock, indicating a strong level of institutional interest in Performance Food Group.
• Performance Food Group reported $1.55 EPS for the last quarter, exceeding analysts' expectations of $1.45, with a year-over-year revenue increase of 11.2%.

Vident Advisory LLC purchased a new position in shares of Performance Food Group Company (NYSE:PFGC - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,872 shares of the food distribution company's stock, valued at approximately $462,000.

Other large investors also recently made changes to their positions in the company. CENTRAL TRUST Co boosted its stake in shares of Performance Food Group by 476.5% during the 1st quarter. CENTRAL TRUST Co now owns 490 shares of the food distribution company's stock worth $39,000 after acquiring an additional 405 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Performance Food Group by 203.7% during the 1st quarter. Farther Finance Advisors LLC now owns 498 shares of the food distribution company's stock worth $40,000 after acquiring an additional 334 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Performance Food Group during the 1st quarter worth about $44,000. SVB Wealth LLC acquired a new position in shares of Performance Food Group during the 1st quarter worth about $59,000. Finally, Signaturefd LLC lifted its position in shares of Performance Food Group by 60.9% during the 1st quarter. Signaturefd LLC now owns 830 shares of the food distribution company's stock worth $65,000 after purchasing an additional 314 shares during the last quarter. Institutional investors own 96.87% of the company's stock.

Performance Food Group Trading Down 0.2%

PFGC traded down $0.20 during mid-day trading on Friday, reaching $106.05. The stock had a trading volume of 3,044,637 shares, compared to its average volume of 1,414,564. The stock has a market capitalization of $16.60 billion, a P/E ratio of 48.87, a P/E/G ratio of 1.20 and a beta of 1.10. 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's fifty day simple moving average is $99.65 and its two-hundred day simple moving average is $88.14. Performance Food Group Company has a 52 week low of $68.39 and a 52 week high of $106.93.

Performance Food Group (NYSE:PFGC - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The food distribution company reported $1.55 EPS for the quarter, beating analysts' consensus estimates of $1.45 by $0.10. The firm had revenue of $16.94 billion for 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 quarterly revenue was up 11.2% compared to the same quarter last year. During the same period last year, the company earned $1.45 EPS. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, equities analysts predict that Performance Food Group Company will post 4.58 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on PFGC. Sanford C. Bernstein set a $112.00 price objective on Performance Food Group and gave the stock an "overweight" rating in a research report on Thursday, May 29th. Truist Financial boosted their price objective on Performance Food Group from $101.00 to $118.00 and gave the stock a "buy" rating in a research report on Thursday, August 14th. Piper Sandler raised Performance Food Group from a "neutral" rating to an "overweight" rating and upped their price target for the company from $90.00 to $114.00 in a report on Tuesday, September 2nd. Morgan Stanley upped their price target on Performance Food Group from $93.00 to $96.00 and gave the company an "equal weight" rating in a report on Monday, July 14th. Finally, Guggenheim reiterated a "buy" rating and issued a $115.00 price objective on shares of Performance Food Group in a research note on Tuesday, August 26th. One equities research 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. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $109.67.

Insider Transactions at Performance Food Group

In other Performance Food Group news, insider Hugh Patrick Hatcher sold 5,000 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $105.07, for a total value of $525,350.00. Following the transaction, the insider directly owned 47,655 shares in the company, valued at approximately $5,007,110.85. This trade represents a 9.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Donald S. Bulmer sold 4,348 shares of the stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $100.52, for a total value of $437,060.96. Following the completion of the transaction, the insider directly owned 58,526 shares in the company, valued at approximately $5,883,033.52. This trade represents a 6.92% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 58,968 shares of company stock valued at $5,944,596 over the last 90 days. 2.80% of the stock is currently owned by corporate insiders.

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.