WCM Investment Management LLC Has $17.11 Million Stock Position in Performance Food Group Company $PFGC

WCM Investment Management LLC grew its position in shares of Performance Food Group Company (NYSE:PFGC) by 5.4% in the second quarter, HoldingsChannel reports. The fund owned 195,641 shares of the food distribution company’s stock after acquiring an additional 10,022 shares during the period. WCM Investment Management LLC’s holdings in Performance Food Group were worth $17,113,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Bayforest Capital Ltd acquired a new position in Performance Food Group during the 2nd quarter worth approximately $301,000. Sagespring Wealth Partners LLC acquired a new position in Performance Food Group during the 2nd quarter worth approximately $271,000. Vanguard Personalized Indexing Management LLC boosted its position in Performance Food Group by 13.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 18,363 shares of the food distribution company’s stock worth $1,606,000 after acquiring an additional 2,182 shares during the last quarter. Apollon Wealth Management LLC acquired a new position in Performance Food Group during the 2nd quarter worth approximately $271,000. Finally, Callan Family Office LLC acquired a new position in Performance Food Group during the 2nd quarter worth approximately $354,000. Institutional investors and hedge funds own 96.87% of the company’s stock.

Insiders Place Their Bets

In other Performance Food Group news, insider Donald S. Bulmer sold 1,308 shares of the firm’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $101.56, for a total transaction of $132,840.48. Following the completion of the sale, the insider owned 53,794 shares of the company’s stock, valued at $5,463,318.64. This trade represents a 2.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Hugh Patrick Hatcher sold 5,000 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $105.07, for a total value of $525,350.00. Following the sale, the insider directly owned 47,655 shares of the company’s stock, valued at $5,007,110.85. This represents a 9.50% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 42,768 shares of company stock worth $4,373,921. Company insiders own 2.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Wells Fargo & Company upped their price target on Performance Food Group from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. Barclays upped their price target on Performance Food Group from $112.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. Wall Street Zen downgraded Performance Food Group from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Morgan Stanley increased their price objective on Performance Food Group from $93.00 to $96.00 and gave the company an “equal weight” rating in a report on Monday, July 14th. Finally, UBS Group increased their price objective on Performance Food Group from $110.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $111.00.

Performance Food Group Trading Up 0.1%

NYSE PFGC opened at $103.62 on Thursday. The company has a market cap of $16.25 billion, a PE ratio of 47.75, a PEG ratio of 1.17 and a beta of 1.09. The company has a current ratio of 1.58, a quick ratio of 0.72 and a debt-to-equity ratio of 1.51. Performance Food Group Company has a 12 month low of $68.39 and a 12 month high of $109.05. The stock has a 50 day moving average of $102.45 and a 200-day moving average of $92.09.

Performance Food Group (NYSE:PFGC) last announced its quarterly earnings results on Wednesday, August 13th. The food distribution company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.10. Performance Food Group had a return on equity of 16.23% and a net margin of 0.54%.The business had revenue of $16.94 billion during the quarter, compared to the consensus estimate of $16.85 billion. During the same quarter last year, the firm posted $1.45 EPS. The company’s quarterly revenue was up 11.2% on a year-over-year basis. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, equities research analysts anticipate that Performance Food Group Company will post 4.58 EPS for the current fiscal year.

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.