Performance Food Group (NYSE:PFGC) Rating Lowered to Hold at Wall Street Zen

Performance Food Group (NYSE:PFGC) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Several other brokerages have also recently commented on PFGC. Barclays lifted their price target on shares of Performance Food Group from $112.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. 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 report on Thursday, August 14th. Truist Financial upped their target price on shares of Performance Food Group from $101.00 to $118.00 and gave the company a “buy” rating in a research report 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 report on Monday, July 14th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Performance Food Group in a research note on Saturday, September 27th. One 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, the company presently has an average rating of “Moderate Buy” and an average price target of $111.00.

Performance Food Group Stock Up 0.2%

NYSE PFGC opened at $102.62 on Friday. The stock has a market capitalization of $16.06 billion, a P/E ratio of 47.29, a price-to-earnings-growth ratio of 1.16 and a beta of 1.09. Performance Food Group has a 52 week low of $68.39 and a 52 week high of $109.05. 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 fifty day moving average of $102.21 and a 200-day moving average of $90.96.

Performance Food Group (NYSE:PFGC) last issued its quarterly earnings results 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 business had revenue of $16.94 billion for the quarter, compared to analyst estimates of $16.85 billion. Performance Food Group had a return on equity of 16.23% and a net margin of 0.54%.The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.45 earnings per share. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, equities research analysts forecast that Performance Food Group will post 4.58 EPS for the current year.

Insider Activity

In other Performance Food Group news, insider Donald S. Bulmer sold 1,308 shares of the business’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $101.56, for a total value of $132,840.48. Following the completion of the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider A Brent King sold 6,334 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $105.10, for a total value of $665,703.40. Following the sale, the insider directly owned 62,852 shares in the company, valued at approximately $6,605,745.20. This represents a 9.16% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 58,968 shares of company stock worth $5,944,596 in the last 90 days. Corporate insiders own 2.80% of the company’s stock.

Institutional Trading of Performance Food Group

A number of large investors have recently bought and sold shares of PFGC. Parkside Financial Bank & Trust raised its holdings in Performance Food Group by 51.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 363 shares of the food distribution company’s stock worth $32,000 after buying an additional 123 shares during the period. AlphaQuest LLC raised its holdings in shares of Performance Food Group by 658.0% during the second quarter. AlphaQuest LLC now owns 379 shares of the food distribution company’s stock worth $33,000 after acquiring an additional 329 shares during the period. CENTRAL TRUST Co raised its holdings in shares of Performance Food Group by 476.5% during the first quarter. CENTRAL TRUST Co now owns 490 shares of the food distribution company’s stock worth $39,000 after acquiring an additional 405 shares during the period. Farther Finance Advisors LLC lifted its position in Performance Food Group by 203.7% in the 1st quarter. Farther Finance Advisors LLC now owns 498 shares of the food distribution company’s stock valued at $40,000 after acquiring an additional 334 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new position in Performance Food Group in the 1st quarter worth $44,000. 96.87% of the stock is owned by institutional investors.

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.