VIRGINIA RETIREMENT SYSTEMS ET Al Reduces Position in Performance Food Group Company $PFGC

Posted by Brian Himes on May 19th, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its holdings in shares of Performance Food Group Company (NYSE:PFGC – Free Report) by 57.0% in the fourth quarter, HoldingsChannel reports. The fund owned 3,959 shares of the food distribution company’s stock after selling 5,250 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Performance Food Group were worth $356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Capital World Investors lifted its position in Performance Food Group by 0.8% during the third quarter. Capital World Investors now owns 22,446,853 shares of the food distribution company’s stock valued at $2,335,371,000 after purchasing an additional 185,624 shares in the last quarter. Wellington Management Group LLP increased its position in Performance Food Group by 46.2% in the third quarter. Wellington Management Group LLP now owns 6,213,443 shares of the food distribution company’s stock worth $646,447,000 after buying an additional 1,964,799 shares in the last quarter. Invesco Ltd. raised its stake in shares of Performance Food Group by 79.1% in the third quarter. Invesco Ltd. now owns 2,647,062 shares of the food distribution company’s stock worth $275,400,000 after buying an additional 1,168,869 shares during the period. Close Asset Management Ltd lifted its position in shares of Performance Food Group by 7.5% during the 3rd quarter. Close Asset Management Ltd now owns 2,080,377 shares of the food distribution company’s stock valued at $216,536,000 after buying an additional 145,387 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Performance Food Group by 0.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,476,273 shares of the food distribution company’s stock valued at $132,746,000 after buying an additional 8,401 shares in the last quarter. 96.87% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

PFGC has been the subject of several analyst reports. Zacks Research raised shares of Performance Food Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. Barclays upped their price target on shares of Performance Food Group from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Sanford C. Bernstein reissued an “outperform” rating on shares of Performance Food Group in a research note on Thursday, February 5th. Morgan Stanley decreased their price objective on shares of Performance Food Group from $123.00 to $120.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Finally, Citigroup lifted their target price on shares of Performance Food Group from $130.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Performance Food Group has a consensus rating of “Moderate Buy” and an average target price of $119.00.

View Our Latest Report on PFGC

Insider Activity at Performance Food Group

In related news, insider Hugh Patrick Hatcher sold 3,000 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $94.54, for a total transaction of $283,620.00. Following the completion of the transaction, the insider directly owned 44,655 shares of the company’s stock, valued at approximately $4,221,683.70. This represents a 6.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 4.50% of the company’s stock.

Performance Food Group Trading Up 0.2%

Performance Food Group stock opened at $96.12 on Tuesday. Performance Food Group Company has a 1 year low of $80.82 and a 1 year high of $109.05. The firm’s 50 day moving average price is $88.49 and its 200-day moving average price is $92.18. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.52 and a quick ratio of 0.68. The stock has a market cap of $15.10 billion, a P/E ratio of 45.77, a PEG ratio of 1.50 and a beta of 0.92.

Performance Food Group (NYSE:PFGC – Get Free Report) last posted its earnings results on Wednesday, May 6th. The food distribution company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.03. The company had revenue of $16.29 billion during the quarter, compared to analysts’ expectations of $16.17 billion. Performance Food Group had a net margin of 0.49% and a return on equity of 15.33%. Performance Food Group’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the company posted $0.79 earnings per share. On average, equities analysts predict that Performance Food Group Company will post 4.57 earnings per share for the current fiscal year.

Performance Food Group Company Profile

(Free Report)

Performance Food Group Company (NYSE: PFGC) is a leading foodservice distribution company headquartered in Richmond, Virginia. The company operates through multiple segments, offering a broad range of products including fresh, frozen and dry foods, as well as non-food items such as supplies, paper goods and equipment. Performance Food Group serves a diverse customer base that encompasses independent and multi-unit restaurants, healthcare facilities, hospitality venues, schools, and other institutional customers.

Through its national broadline division, Performance Food Group provides next-day delivery of products sourced from both company-owned processing facilities and third-party suppliers.