Hilltop National Bank purchased a new stake in Performance Food Group Company (NYSE:PFGC – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,904 shares of the food distribution company’s stock, valued at approximately $167,000.
Several other large investors also recently added to or reduced their stakes in PFGC. CENTRAL TRUST Co lifted its stake in shares of Performance Food Group by 476.5% in the 1st quarter. CENTRAL TRUST Co now owns 490 shares of the food distribution company’s stock valued at $39,000 after purchasing an additional 405 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Performance Food Group by 203.7% in the first quarter. Farther Finance Advisors LLC now owns 498 shares of the food distribution company’s stock worth $40,000 after purchasing an additional 334 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Performance Food Group in the first quarter worth approximately $44,000. SVB Wealth LLC bought a new stake in shares of Performance Food Group during the 1st quarter worth approximately $59,000. Finally, Signaturefd LLC boosted its holdings in Performance Food Group by 60.9% during the 1st quarter. Signaturefd LLC now owns 830 shares of the food distribution company’s stock valued at $65,000 after acquiring an additional 314 shares during the period. 96.87% of the stock is owned by institutional investors.
Insider Buying and Selling
In other Performance Food Group news, insider A Brent King sold 6,334 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $105.10, for a total value of $665,703.40. Following the completion of the transaction, the insider directly owned 62,852 shares in the company, valued at approximately $6,605,745.20. The trade was a 9.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Donald S. Bulmer sold 1,308 shares of the stock in a transaction dated Wednesday, August 27th. The shares were 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 of the company’s stock, 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. Over the last 90 days, insiders have sold 58,968 shares of company stock valued at $5,944,596. Company insiders own 2.80% of the company’s stock.
Performance Food Group Trading Up 0.2%
Performance Food Group (NYSE:PFGC – Get Free Report) last issued its quarterly earnings data on Wednesday, August 13th. The food distribution company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.10. The company had revenue of $16.94 billion for the quarter, compared to analyst estimates of $16.85 billion. Performance Food Group had a net margin of 0.54% and a return on equity of 16.23%. Performance Food Group’s 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. Equities analysts anticipate that Performance Food Group Company will post 4.58 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
PFGC has been the topic of a number of recent analyst reports. Morgan Stanley increased their target price 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. UBS Group raised their price target on shares of Performance Food Group from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. Wells Fargo & Company boosted their price objective on shares of Performance Food Group from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Wednesday, August 13th. Guggenheim reaffirmed a “buy” rating and set a $115.00 target price on shares of Performance Food Group in a research report on Tuesday, August 26th. Finally, Truist Financial lifted their price target on shares of Performance Food Group from $101.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. One equities 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 currently has an average rating of “Moderate Buy” and a consensus price target of $111.00.
View Our Latest Analysis on PFGC
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.
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