The Manufacturers Life Insurance Company Takes Position in Performance Food Group Company $PFGC

Posted by Stanley Muller on Aug 30th, 2026

The Manufacturers Life Insurance Company bought a new stake in Performance Food Group Company (NYSE:PFGC – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 102,527 shares of the food distribution company’s stock, valued at approximately $11,461,000. The Manufacturers Life Insurance Company owned about 0.07% of Performance Food Group at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in Performance Food Group during the second quarter worth approximately $1,576,983,000. Goldman Sachs Group Inc. boosted its holdings in shares of Performance Food Group by 9.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,400,934 shares of the food distribution company’s stock valued at $125,972,000 after acquiring an additional 121,202 shares during the period. Kennedy Capital Management LLC boosted its holdings in shares of Performance Food Group by 7.3% in the fourth quarter. Kennedy Capital Management LLC now owns 207,351 shares of the food distribution company’s stock valued at $18,645,000 after acquiring an additional 14,173 shares during the period. Hsbc Holdings PLC grew its position in shares of Performance Food Group by 30.9% during the fourth quarter. Hsbc Holdings PLC now owns 48,951 shares of the food distribution company’s stock worth $4,408,000 after acquiring an additional 11,569 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new position in shares of Performance Food Group during the fourth quarter worth approximately $81,020,000. 96.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on PFGC shares. Barclays increased 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 note on Thursday, May 7th. Weiss Ratings raised shares of Performance Food Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Wells Fargo & Company increased their target price on shares of Performance Food Group from $115.00 to $130.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. UBS Group lowered their price target on Performance Food Group from $132.00 to $130.00 and set a “buy” rating on the stock in a report on Friday, August 14th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Performance Food Group in a research note on Thursday, August 13th. Twelve research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $126.90.

View Our Latest Research Report on Performance Food Group

Insider Transactions at Performance Food Group

In other Performance Food Group news, insider Donald S. Bulmer sold 1,353 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $105.29, for a total transaction of $142,457.37. Following the sale, the insider directly owned 52,938 shares in the company, valued at approximately $5,573,842.02. The trade was a 2.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider A Brent King sold 1,320 shares of the company’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $105.29, for a total value of $138,982.80. Following the completion of the sale, the insider directly owned 44,216 shares in the company, valued at $4,655,502.64. This trade represents a 2.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 60,391 shares of company stock worth $6,267,460 over the last quarter. Insiders own 4.50% of the company’s stock.

Performance Food Group Price Performance

Performance Food Group stock opened at $100.78 on Friday. The company has a market cap of $15.88 billion, a P/E ratio of 44.01, a price-to-earnings-growth ratio of 1.30 and a beta of 0.91. Performance Food Group Company has a one year low of $80.82 and a one year high of $117.47. The business has a fifty day moving average of $110.04 and a two-hundred day moving average of $98.59. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.67 and a current ratio of 1.51.

Performance Food Group (NYSE:PFGC – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The food distribution company reported $1.59 EPS for the quarter, missing analysts’ consensus estimates of $1.60 by ($0.01). Performance Food Group had a return on equity of 15.15% and a net margin of 0.53%.The company had revenue of $18.03 billion for the quarter, compared to analysts’ expectations of $18.11 billion. During the same period in the prior year, the firm posted $0.84 EPS. The firm’s quarterly revenue was up 6.7% on a year-over-year basis. As a group, analysts predict that Performance Food Group Company will post 5.58 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.