CW Advisors LLC Takes $590,000 Position in Performance Food Group Company $PFGC

Key Points

• CW Advisors LLC has acquired a new position in Performance Food Group Company, purchasing 7,502 shares valued at approximately $590,000 during the first quarter.
• Institutional investors own 96.87% of Performance Food Group's stock, with notable increases in holdings from firms like Victory Capital and JPMorgan Chase.
• Performance Food Group reported $1.55 EPS for the last quarter, surpassing expectations and indicating an 11.2% increase in revenue year-over-year.

CW Advisors LLC acquired a new stake in shares of Performance Food Group Company (NYSE:PFGC - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 7,502 shares of the food distribution company's stock, valued at approximately $590,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Hsbc Holdings PLC boosted its holdings in Performance Food Group by 8.7% in the 1st quarter. Hsbc Holdings PLC now owns 2,837 shares of the food distribution company's stock valued at $222,000 after purchasing an additional 227 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Performance Food Group by 1.5% in the 1st quarter. Wellington Management Group LLP now owns 3,966,667 shares of the food distribution company's stock valued at $311,899,000 after purchasing an additional 57,032 shares during the last quarter. Brooklyn Investment Group boosted its holdings in Performance Food Group by 2,676.9% in the 1st quarter. Brooklyn Investment Group now owns 1,805 shares of the food distribution company's stock valued at $142,000 after purchasing an additional 1,740 shares during the last quarter. Algert Global LLC boosted its holdings in Performance Food Group by 76.0% in the 1st quarter. Algert Global LLC now owns 192,941 shares of the food distribution company's stock valued at $15,171,000 after purchasing an additional 83,344 shares during the last quarter. Finally, Aberdeen Group plc boosted its holdings in Performance Food Group by 15.6% in the 1st quarter. Aberdeen Group plc now owns 20,461 shares of the food distribution company's stock valued at $1,609,000 after purchasing an additional 2,762 shares during the last quarter. 96.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider A Brent King sold 1,320 shares of the company's stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $101.66, for a total transaction of $134,191.20. Following the sale, the insider directly owned 62,852 shares of the company's stock, valued at $6,389,534.32. This represents a 2.06% 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 1,308 shares of the company's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $101.56, for a total transaction of $132,840.48. Following the sale, the insider directly owned 53,794 shares in the company, valued at approximately $5,463,318.64. The trade was a 2.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 43,534 shares of company stock valued at $4,322,796 in the last ninety days. Company insiders own 2.80% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on PFGC. Wells Fargo & Company boosted their target price on shares of Performance Food Group from $100.00 to $115.00 and gave the company an "overweight" rating in a report on Wednesday, August 13th. Guggenheim restated a "buy" rating and issued a $115.00 price objective on shares of Performance Food Group in a report on Tuesday, August 26th. Truist Financial upped their price objective on shares of Performance Food Group from $101.00 to $118.00 and gave the stock a "buy" rating in a report on Thursday, August 14th. Wall Street Zen lowered shares of Performance Food Group from a "buy" rating to a "hold" rating in a report on Sunday, July 6th. Finally, Sanford C. Bernstein set a $112.00 price objective on shares of Performance Food Group and gave the stock an "overweight" rating in a report on Thursday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Performance Food Group has an average rating of "Moderate Buy" and a consensus price target of $107.67.

Performance Food Group Stock Up 0.4%

PFGC traded up $0.37 during trading hours on Friday, hitting $101.35. 883,420 shares of the company's stock were exchanged, compared to its average volume of 1,963,822. Performance Food Group Company has a 12-month low of $68.39 and a 12-month high of $103.50. The firm has a 50 day moving average of $96.21 and a 200 day moving average of $86.81. The firm has a market cap of $15.86 billion, a P/E ratio of 46.71, a price-to-earnings-growth ratio of 1.15 and a beta of 1.20. The company has a current ratio of 1.58, a quick ratio of 0.72 and a debt-to-equity ratio of 1.51.

Performance Food Group (NYSE:PFGC - Get Free Report) last announced its earnings results on Wednesday, August 13th. The food distribution company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.10. Performance Food Group had a net margin of 0.54% and a return on equity of 16.23%. The firm had revenue of $16.94 billion for the quarter, compared to the consensus estimate of $16.85 billion. During the same period in the prior year, the firm earned $1.45 EPS. The firm's revenue for the quarter was up 11.2% on a year-over-year basis. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts predict that Performance Food Group Company will post 4.58 EPS for the current fiscal year.

Performance Food Group 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.