TimesSquare Capital Management LLC Sells 3,325 Shares of Performance Food Group Company $PFGC

TimesSquare Capital Management LLC lowered its position in Performance Food Group Company (NYSE:PFGC) by 0.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 690,125 shares of the food distribution company’s stock after selling 3,325 shares during the quarter. TimesSquare Capital Management LLC owned 0.44% of Performance Food Group worth $60,365,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in the business. Moody Lynn & Lieberson LLC bought a new position in shares of Performance Food Group during the second quarter valued at $1,390,000. Triasima Portfolio Management inc. acquired a new stake in Performance Food Group in the second quarter valued at $248,000. Dimensional Fund Advisors LP raised 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 purchasing an additional 137,998 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew its position in shares of Performance Food Group by 2.4% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 536,626 shares of the food distribution company’s stock valued at $46,939,000 after buying an additional 12,480 shares during the last quarter. Finally, CX Institutional increased its stake in shares of Performance Food Group by 16.0% in the second quarter. CX Institutional now owns 22,203 shares of the food distribution company’s stock valued at $1,942,000 after buying an additional 3,066 shares during the period. 96.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Barclays lifted their price objective on Performance Food Group from $118.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Weiss Ratings downgraded shares of Performance Food Group from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday. Wall Street Zen cut shares of Performance Food Group from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Truist Financial lifted their target price on shares of Performance Food Group from $101.00 to $118.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. Finally, Wells Fargo & Company upped their price target 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. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $114.60.

Insider Buying and Selling at Performance Food Group

In other Performance Food Group news, insider Hugh Patrick Hatcher sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $105.07, for a total transaction of $525,350.00. Following the completion of the sale, the insider directly owned 47,655 shares of the company’s stock, valued at approximately $5,007,110.85. The trade was a 9.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider A Brent King sold 6,334 shares of the firm’s 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 completion of the transaction, the insider owned 62,852 shares in the company, valued at $6,605,745.20. This represents a 9.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 42,768 shares of company stock valued at $4,373,921. Insiders own 4.50% of the company’s stock.

Performance Food Group Stock Down 0.7%

PFGC stock opened at $96.77 on Wednesday. The company has a market cap of $15.17 billion, a P/E ratio of 44.59, a price-to-earnings-growth ratio of 1.11 and a beta of 1.08. Performance Food Group Company has a fifty-two week low of $68.39 and a fifty-two week high of $109.05. The stock’s 50 day simple moving average is $101.93 and its 200 day simple moving average is $95.40. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.72 and a current ratio of 1.58.

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

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.