Performance Food Group Company $PFGC Shares Bought by Retirement Systems of Alabama

Retirement Systems of Alabama lifted its holdings in Performance Food Group Company (NYSE:PFGC) by 0.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 190,778 shares of the food distribution company’s stock after purchasing an additional 645 shares during the period. Retirement Systems of Alabama owned about 0.12% of Performance Food Group worth $16,687,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Assetmark Inc. grew its stake in shares of Performance Food Group by 44.0% in the 2nd quarter. Assetmark Inc. now owns 97,444 shares of the food distribution company’s stock worth $8,523,000 after purchasing an additional 29,776 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of Performance Food Group by 10.2% in the 2nd quarter. Jennison Associates LLC now owns 1,860,048 shares of the food distribution company’s stock worth $162,698,000 after acquiring an additional 171,957 shares during the last quarter. Motley Fool Asset Management LLC grew its holdings in shares of Performance Food Group by 113.0% in the 2nd quarter. Motley Fool Asset Management LLC now owns 31,508 shares of the food distribution company’s stock worth $2,756,000 after acquiring an additional 16,716 shares during the last quarter. Y Intercept Hong Kong Ltd grew its holdings in shares of Performance Food Group by 198.6% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 9,203 shares of the food distribution company’s stock worth $805,000 after acquiring an additional 6,121 shares during the last quarter. Finally, MQS Management LLC acquired a new position in shares of Performance Food Group in the 2nd quarter worth $271,000. Institutional investors and hedge funds own 96.87% of the company’s stock.

Performance Food Group Stock Performance

PFGC stock opened at $96.71 on Friday. 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 stock has a market cap of $15.17 billion, a P/E ratio of 44.57, a P/E/G ratio of 1.11 and a beta of 1.09. The firm has a 50 day simple moving average of $102.63 and a 200 day simple moving average of $94.20. Performance Food Group Company has a 52 week low of $68.39 and a 52 week high of $109.05.

Performance Food Group (NYSE:PFGC) last posted its quarterly 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 business had revenue of $16.94 billion during the quarter, compared to analysts’ expectations of $16.85 billion. Performance Food Group had a net margin of 0.54% and a return on equity of 16.23%. The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same period last year, the company posted $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 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on PFGC. Guggenheim restated a “buy” rating and issued a $115.00 target price on shares of Performance Food Group in a report on Tuesday, August 26th. Wells Fargo & Company lifted their target price on shares of Performance Food Group from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. UBS Group lifted their target price on shares of Performance Food Group from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. Barclays dropped their target price on shares of Performance Food Group from $120.00 to $118.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 22nd. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Performance Food Group in a research report on Wednesday, October 8th. 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $112.45.

Insider Transactions at Performance Food Group

In related news, insider A Brent King sold 6,334 shares of Performance Food Group stock in a transaction 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 completion of the sale, the insider owned 62,852 shares of the company’s stock, valued at approximately $6,605,745.20. This trade represents a 9.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Erika T. Davis sold 4,100 shares of Performance Food Group stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total value of $430,746.00. Following the sale, the insider directly owned 46,541 shares of the company’s stock, valued at approximately $4,889,597.46. The trade was a 8.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 42,768 shares of company stock worth $4,373,921 in the last ninety days. Company insiders own 4.50% of the company’s stock.

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.