Performance Food Group (NYSE:PFGC) Stock Price Expected to Rise, Piper Sandler Analyst Says

Performance Food Group (NYSE:PFGC) had its target price upped by equities research analysts at Piper Sandler from $114.00 to $116.00 in a report issued on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the food distribution company’s stock. Piper Sandler’s target price would suggest a potential upside of 19.87% from the stock’s previous close.

Several other equities analysts also recently commented on PFGC. UBS Group upped their price objective on shares of Performance Food Group from $110.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, August 14th. Morgan Stanley upped their price target on shares of Performance Food Group from $93.00 to $96.00 and gave the company an “equal weight” rating in a research note on Monday, July 14th. Wells Fargo & Company raised their price objective on shares of 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 boosted their price objective on Performance Food Group from $118.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Finally, Guggenheim reiterated a “buy” rating and set a $115.00 target price on shares of Performance Food Group in a research note on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Performance Food Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.60.

Performance Food Group Price Performance

Shares of NYSE PFGC opened at $96.77 on Monday. The company has a quick ratio of 0.72, a current ratio of 1.58 and a debt-to-equity ratio of 1.51. The business’s 50 day moving average price is $101.93 and its two-hundred day moving average price is $95.40. The company has a market cap of $15.17 billion, a PE ratio of 44.59, a price-to-earnings-growth ratio of 1.11 and a beta of 1.08. Performance Food Group has a twelve month low of $68.39 and a twelve month high of $109.05.

Performance Food Group (NYSE:PFGC) last issued its earnings results on Wednesday, November 5th. The food distribution company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.16 by $0.02. The company had revenue of $17.08 billion during the quarter, compared to the consensus estimate of $16.87 billion. Performance Food Group had a return on equity of 16.23% and a net margin of 0.54%.The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.16 EPS. Performance Food Group has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, analysts predict that Performance Food Group will post 4.58 EPS for the current year.

Insider Activity

In related news, insider A Brent King sold 9,136 shares of the business’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $100.51, for a total value of $918,259.36. Following the transaction, the insider owned 66,540 shares in the company, valued at $6,687,935.40. The trade was a 12.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Hugh Patrick Hatcher sold 5,000 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $105.07, for a total value of $525,350.00. Following the sale, the insider owned 47,655 shares of the company’s stock, valued at approximately $5,007,110.85. The trade was a 9.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have 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 owned by company insiders.

Institutional Investors Weigh In On Performance Food Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Moody Lynn & Lieberson LLC bought a new position in Performance Food Group in the 2nd quarter valued at about $1,390,000. Triasima Portfolio Management inc. purchased a new stake in shares of Performance Food Group in the second quarter worth approximately $248,000. Dimensional Fund Advisors LP raised its stake in shares of Performance Food Group by 6.6% in the first quarter. Dimensional Fund Advisors LP now owns 2,221,430 shares of the food distribution company’s stock worth $174,647,000 after purchasing an additional 137,998 shares during the last quarter. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Performance Food Group by 2.4% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 536,626 shares of the food distribution company’s stock valued at $46,939,000 after purchasing an additional 12,480 shares in the last quarter. Finally, CX Institutional boosted its position in shares of Performance Food Group by 16.0% during the second quarter. CX Institutional now owns 22,203 shares of the food distribution company’s stock valued at $1,942,000 after buying an additional 3,066 shares during the last quarter. Institutional investors own 96.87% of the company’s stock.

About Performance Food Group

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.