Atria Investments Inc Sells 1,866 Shares of Performance Food Group Company $PFGC

by · The Cerbat Gem

Atria Investments Inc trimmed its holdings in shares of Performance Food Group Company (NYSE:PFGC – Free Report) by 12.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,598 shares of the food distribution company’s stock after selling 1,866 shares during the quarter. Atria Investments Inc’s holdings in Performance Food Group were worth $1,189,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PFGC. Victory Capital Management Inc. boosted its stake in shares of Performance Food Group by 59.3% during the 1st quarter. Victory Capital Management Inc. now owns 6,229,169 shares of the food distribution company’s stock worth $489,800,000 after acquiring an additional 2,318,763 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Performance Food Group by 40.8% in the 1st quarter. JPMorgan Chase & Co. now owns 5,187,869 shares of the food distribution company’s stock worth $407,922,000 after purchasing an additional 1,503,703 shares during the period. Nuveen LLC purchased a new position in Performance Food Group during the first quarter valued at $69,456,000. Bain Capital Public Equity Management II LLC grew its holdings in Performance Food Group by 14.1% during the first quarter. Bain Capital Public Equity Management II LLC now owns 2,377,994 shares of the food distribution company’s stock valued at $186,982,000 after purchasing an additional 293,837 shares during the period. Finally, Woodline Partners LP purchased a new stake in Performance Food Group in the first quarter worth about $20,030,000. 96.87% of the stock is owned by hedge funds and other institutional investors.

Performance Food Group Price Performance

PFGC stock opened at $95.05 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 company’s fifty day moving average price is $102.22 and its 200-day moving average price is $94.77. Performance Food Group Company has a one year low of $68.39 and a one year high of $109.05. The company has a market capitalization of $14.90 billion, a PE ratio of 43.80, a price-to-earnings-growth ratio of 1.11 and a beta of 1.08.

Performance Food Group (NYSE:PFGC – Get Free Report) last posted its earnings results on Wednesday, November 5th. The food distribution company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.02. The company had revenue of $17.08 billion during the quarter, compared to analysts’ expectations of $16.87 billion. Performance Food Group had a net margin of 0.54% and a return on equity of 16.23%. Performance Food Group’s quarterly revenue was up 10.8% on a year-over-year basis. During the same period last year, the company posted $1.16 earnings per share. Performance Food Group has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, equities analysts anticipate that Performance Food Group Company will post 4.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on PFGC. Sanford C. Bernstein assumed coverage on Performance Food Group in a research report on Wednesday, October 22nd. They set an “outperform” rating and a $130.00 price objective on the stock. Wells Fargo & Company lifted their price target 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. Barclays increased their price objective on shares of Performance Food Group from $118.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday. Weiss Ratings restated a “buy (b-)” rating on shares of Performance Food Group in a research note on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of Performance Food Group from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.40.

Check Out Our Latest Stock Analysis on PFGC

Insider Transactions at Performance Food Group

In other Performance Food Group news, insider Erika T. Davis sold 4,316 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $100.52, for a total transaction of $433,844.32. Following the completion of the transaction, the insider owned 55,373 shares in the company, valued at $5,566,093.96. This trade represents a 7.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Donald S. Bulmer sold 4,348 shares of Performance Food Group stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $100.52, for a total value of $437,060.96. Following the completion of the sale, the insider directly owned 58,526 shares in the company, valued at approximately $5,883,033.52. The trade was a 6.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 42,768 shares of company stock worth $4,373,921. 4.50% of the stock is currently owned by company insiders.

About Performance Food Group

(Free Report)

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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