Victory Capital Management Inc. Sells 577,659 Shares of Performance Food Group Company $PFGC

Posted by Brian Himes on Jun 13th, 2026

Victory Capital Management Inc. reduced its position in shares of Performance Food Group Company (NYSE:PFGC – Free Report) by 11.7% in the fourth quarter, HoldingsChannel reports. The firm owned 4,370,995 shares of the food distribution company’s stock after selling 577,659 shares during the quarter. Victory Capital Management Inc.’s holdings in Performance Food Group were worth $393,040,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Capital World Investors lifted its position in shares of Performance Food Group by 1.0% during the 4th quarter. Capital World Investors now owns 22,663,573 shares of the food distribution company’s stock valued at $2,037,910,000 after buying an additional 216,720 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Performance Food Group by 46.2% during the 3rd quarter. Wellington Management Group LLP now owns 6,213,443 shares of the food distribution company’s stock valued at $646,447,000 after buying an additional 1,964,799 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Performance Food Group by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 2,803,918 shares of the food distribution company’s stock valued at $252,207,000 after buying an additional 36,031 shares in the last quarter. Invesco Ltd. lifted its position in shares of Performance Food Group by 79.1% during the 3rd quarter. Invesco Ltd. now owns 2,647,062 shares of the food distribution company’s stock valued at $275,400,000 after buying an additional 1,168,869 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Performance Food Group during the 4th quarter valued at about $208,170,000. 96.87% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

PFGC has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $123.00 price objective on shares of Performance Food Group in a research report on Thursday, May 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Performance Food Group in a research report on Friday, March 27th. Citigroup lifted their price objective on Performance Food Group from $130.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Zacks Research raised Performance Food Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Finally, Barclays boosted their price target on Performance Food Group from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Performance Food Group currently has an average rating of “Moderate Buy” and an average target price of $119.00.

Read Our Latest Analysis on Performance Food Group

Performance Food Group Stock Performance

NYSE:PFGC opened at $104.22 on Friday. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.52 and a quick ratio of 0.68. Performance Food Group Company has a 1 year low of $80.82 and a 1 year high of $109.05. The stock’s 50 day simple moving average is $92.92 and its two-hundred day simple moving average is $92.34. The company has a market cap of $16.37 billion, a price-to-earnings ratio of 49.63, a PEG ratio of 1.63 and a beta of 0.93.

Performance Food Group (NYSE:PFGC – Get Free Report) last released 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 firm had revenue of $16.29 billion for the quarter, compared to the consensus estimate of $16.17 billion. Performance Food Group had a return on equity of 15.33% and a net margin of 0.49%.The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS. As a group, equities analysts anticipate that Performance Food Group Company will post 4.57 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Kimberly Grant sold 2,500 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $95.00, for a total transaction of $237,500.00. Following the completion of the sale, the director directly owned 11,935 shares in the company, valued at $1,133,825. This represents a 17.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Erika T. Davis sold 1,750 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $95.00, for a total value of $166,250.00. Following the completion of the sale, the insider owned 44,791 shares of the company’s stock, valued at approximately $4,255,145. This trade represents a 3.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 19,731 shares of company stock worth $1,916,460. Insiders own 4.50% of the company’s stock.

About Performance Food Group

(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.