Apollon Wealth Management LLC Acquires Shares of 3,094 Performance Food Group Company $PFGC

Apollon Wealth Management LLC purchased a new stake in Performance Food Group Company (NYSE:PFGC) during the second quarter, HoldingsChannel.com reports. The firm purchased 3,094 shares of the food distribution company’s stock, valued at approximately $271,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PFGC. Moody Lynn & Lieberson LLC acquired a new position in Performance Food Group in the second quarter worth $1,390,000. Triasima Portfolio Management inc. bought a new position in shares of Performance Food Group in the second quarter valued at about $248,000. Dimensional Fund Advisors LP lifted its position in Performance Food Group by 6.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,221,430 shares of the food distribution company’s stock worth $174,647,000 after buying an additional 137,998 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in Performance Food Group by 2.4% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 536,626 shares of the food distribution company’s stock worth $46,939,000 after acquiring an additional 12,480 shares during the last quarter. Finally, CX Institutional increased its position in Performance Food Group by 16.0% in the 2nd quarter. CX Institutional now owns 22,203 shares of the food distribution company’s stock valued at $1,942,000 after acquiring an additional 3,066 shares in the last quarter. 96.87% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PFGC has been the topic of a number of research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Performance Food Group in a research report on Wednesday, October 8th. Wall Street Zen downgraded Performance Food Group from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Guggenheim reiterated a “buy” rating and issued a $115.00 price objective on shares of Performance Food Group in a research report on Tuesday, August 26th. Piper Sandler upgraded Performance Food Group from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $90.00 to $114.00 in a research report on Tuesday, September 2nd. Finally, UBS Group raised their price target on Performance Food Group from $110.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $111.00.

Insider Buying and Selling

In related news, insider A Brent King sold 6,334 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The shares were 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 $6,605,745.20. This trade represents a 9.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Donald S. Bulmer sold 1,308 shares of Performance Food Group stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $101.56, for a total transaction of $132,840.48. Following the transaction, the insider directly owned 53,794 shares in the company, valued at $5,463,318.64. The trade was a 2.37% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 42,768 shares of company stock valued at $4,373,921. Insiders own 2.80% of the company’s stock.

Performance Food Group Stock Performance

Shares of Performance Food Group stock opened at $101.23 on Friday. The firm has a fifty day moving average of $102.59 and a two-hundred day moving average of $92.47. 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 capitalization of $15.87 billion, a price-to-earnings ratio of 46.65, a PEG ratio of 1.15 and a beta of 1.09. 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 earnings per share (EPS) for the quarter, topping 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 was up 11.2% on a year-over-year basis. During the same period last year, the company earned $1.45 EPS. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, equities research analysts predict that Performance Food Group Company will post 4.58 EPS for the current year.

About Performance Food Group

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.