Callan Family Office LLC Makes New Investment in Performance Food Group Company $PFGC

Key Points

• Callan Family Office LLC has acquired a new position in Performance Food Group Company, purchasing 4,049 shares valued at approximately $354,000 in the second quarter.
• Insider sales include notable transactions by A Brent King and Erika T. Davis, who sold a combined total of 10,434 shares, indicating a decrease in their respective holdings.
• Performance Food Group reported a quarterly revenue increase of 11.2% year-over-year, with an EPS of $1.55, surpassing analysts’ consensus estimate by $0.10.

Callan Family Office LLC acquired a new position in Performance Food Group Company (NYSE:PFGC - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,049 shares of the food distribution company's stock, valued at approximately $354,000.

Several other large investors have also recently bought and sold shares of PFGC. Spirepoint Private Client LLC boosted its stake in shares of Performance Food Group by 2.7% during the second quarter. Spirepoint Private Client LLC now owns 7,082 shares of the food distribution company's stock valued at $619,000 after acquiring an additional 184 shares during the last quarter. CWM LLC boosted its stake in shares of Performance Food Group by 8.6% during the first quarter. CWM LLC now owns 2,332 shares of the food distribution company's stock valued at $183,000 after acquiring an additional 185 shares during the last quarter. QRG Capital Management Inc. boosted its stake in shares of Performance Food Group by 4.7% during the first quarter. QRG Capital Management Inc. now owns 4,656 shares of the food distribution company's stock valued at $366,000 after acquiring an additional 208 shares during the last quarter. Valeo Financial Advisors LLC boosted its stake in shares of Performance Food Group by 6.9% during the first quarter. Valeo Financial Advisors LLC now owns 3,260 shares of the food distribution company's stock valued at $256,000 after acquiring an additional 209 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of Performance Food Group by 8.7% during the first quarter. Hsbc Holdings PLC now owns 2,837 shares of the food distribution company's stock valued at $222,000 after acquiring an additional 227 shares during the last quarter. Hedge funds and other institutional investors own 96.87% of the company's stock.

Insiders Place Their Bets

In other Performance Food Group news, insider A Brent King sold 6,334 shares of Performance Food Group stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $105.10, for a total transaction of $665,703.40. Following the sale, the insider directly owned 62,852 shares in the company, valued at $6,605,745.20. The trade was a 9.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Erika T. Davis sold 4,100 shares of Performance Food Group stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total value of $430,746.00. Following 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 can be found here. Insiders have sold 42,768 shares of company stock valued at $4,373,921 over the last 90 days. 2.80% of the stock is owned by company insiders.

Performance Food Group Stock Performance

Shares of NYSE:PFGC opened at $103.62 on Thursday. The company has a market cap of $16.25 billion, a P/E ratio of 47.75, a PEG ratio of 1.17 and a beta of 1.09. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.72 and a current ratio of 1.58. Performance Food Group Company has a one year low of $68.39 and a one year high of $109.05. The business's 50-day simple moving average is $102.45 and its 200 day simple moving average is $92.09.

Performance Food Group (NYSE:PFGC - Get Free Report) last announced its earnings results on Wednesday, August 13th. The food distribution company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.45 by $0.10. The business had revenue of $16.94 billion for the quarter, compared to the consensus estimate of $16.85 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 11.2% on a year-over-year basis. During the same period last year, the business posted $1.45 EPS. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, sell-side analysts forecast that Performance Food Group Company will post 4.58 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on PFGC shares. Wall Street Zen lowered Performance Food Group from a "buy" rating to a "hold" rating in a research note on Saturday, October 4th. Truist Financial raised 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. Morgan Stanley raised their price target on Performance Food Group from $93.00 to $96.00 and gave the stock an "equal weight" rating in a research note on Monday, July 14th. Weiss Ratings reissued a "buy (b-)" rating on shares of Performance Food Group in a research note on Wednesday, October 8th. Finally, UBS Group raised their price target on Performance Food Group from $110.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $111.00.

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.

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