Fox Run Management L.L.C. Makes New Investment in Performance Food Group Company $PFGC

Fox Run Management L.L.C. bought a new position in shares of Performance Food Group Company (NYSE:PFGC) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,015 shares of the food distribution company’s stock, valued at approximately $351,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Spirepoint Private Client LLC grew its holdings in Performance Food Group by 2.7% in the second quarter. Spirepoint Private Client LLC now owns 7,082 shares of the food distribution company’s stock worth $619,000 after purchasing an additional 184 shares during the period. CWM LLC lifted its position in shares of Performance Food Group by 8.6% during the first quarter. CWM LLC now owns 2,332 shares of the food distribution company’s stock valued at $183,000 after purchasing an additional 185 shares in the last quarter. Hsbc Holdings PLC grew its holdings in shares of Performance Food Group by 8.7% in the first quarter. Hsbc Holdings PLC now owns 2,837 shares of the food distribution company’s stock valued at $222,000 after acquiring an additional 227 shares in the last quarter. HighTower Advisors LLC increased its position in shares of Performance Food Group by 2.7% during the 1st quarter. HighTower Advisors LLC now owns 9,291 shares of the food distribution company’s stock valued at $731,000 after purchasing an additional 244 shares during the last quarter. Finally, Valeo Financial Advisors LLC grew its position in shares of Performance Food Group by 7.7% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,510 shares of the food distribution company’s stock valued at $307,000 after acquiring an additional 250 shares during the period. Institutional investors and hedge funds own 96.87% of the company’s stock.

Performance Food Group Stock Performance

Shares of PFGC stock opened at $96.46 on Thursday. The company has a market capitalization of $15.13 billion, a price-to-earnings ratio of 44.45, a price-to-earnings-growth ratio of 1.11 and a beta of 1.08. 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 Company has a one year low of $68.39 and a one year high of $109.05. The company’s 50-day moving average is $101.78 and its 200 day moving average is $95.41.

Performance Food Group (NYSE:PFGC) last posted its quarterly earnings results on Wednesday, November 5th. The food distribution company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.02. The firm had revenue of $17.08 billion for 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%. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter in the prior 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. Sell-side analysts expect that Performance Food Group Company will post 4.58 EPS for the current fiscal year.

Insiders Place Their Bets

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 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Hugh Patrick Hatcher sold 5,000 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $105.07, for a total transaction of $525,350.00. Following the transaction, the insider owned 47,655 shares in the company, valued at $5,007,110.85. This represents a 9.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 42,768 shares of company stock worth $4,373,921 in the last 90 days. 4.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on PFGC. Piper Sandler boosted their price target on shares of Performance Food Group from $114.00 to $116.00 and gave the company an “overweight” rating in a research report on Monday. Wells Fargo & Company lifted their target price 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. UBS Group boosted their target price on Performance Food Group from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. Sanford C. Bernstein started coverage on Performance Food Group in a research note on Wednesday, October 22nd. They set an “outperform” rating and a $130.00 price objective on the stock. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Performance Food Group presently has an average rating of “Moderate Buy” and an average price target of $114.60.

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.