Performance Food Group (NYSE:PFGC) Shares Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Performance Food Group (NYSE:PFGC). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Performance Food Group stock on January 13th. The trade occurred in the Representative’s “JOINT OWNERSHIP LPL ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 2/7/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 2/3/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Manhattan Associates (NASDAQ:MANH) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/29/2025.

Performance Food Group Trading Down 0.9 %

Shares of PFGC opened at $87.20 on Friday. The stock’s 50-day moving average is $86.96 and its two-hundred day moving average is $81.22. The stock has a market cap of $13.62 billion, a PE ratio of 35.16, a P/E/G ratio of 0.96 and a beta of 1.44. Performance Food Group has a 12 month low of $61.60 and a 12 month high of $92.44. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.67 and a quick ratio of 0.73.

Performance Food Group (NYSE:PFGC) last issued its quarterly earnings data on Wednesday, February 5th. The food distribution company reported $0.98 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.06). Performance Food Group had a return on equity of 16.58% and a net margin of 0.64%. Equities analysts forecast that Performance Food Group will post 4.6 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Craig Howard Hoskins sold 20,496 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $88.28, for a total value of $1,809,386.88. Following the completion of the transaction, the insider now directly owns 192,868 shares of the company’s stock, valued at $17,026,387.04. This represents a 9.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 2.80% of the company’s stock.

Institutional Trading of Performance Food Group

Several institutional investors and hedge funds have recently bought and sold shares of the company. Capital World Investors grew its holdings in shares of Performance Food Group by 0.7% during the fourth quarter. Capital World Investors now owns 21,878,285 shares of the food distribution company’s stock valued at $1,849,809,000 after purchasing an additional 157,987 shares during the last quarter. FMR LLC grew its holdings in shares of Performance Food Group by 0.6% during the fourth quarter. FMR LLC now owns 13,391,257 shares of the food distribution company’s stock valued at $1,132,231,000 after purchasing an additional 78,855 shares during the last quarter. State Street Corp grew its holdings in shares of Performance Food Group by 2.2% during the third quarter. State Street Corp now owns 4,596,105 shares of the food distribution company’s stock valued at $360,197,000 after purchasing an additional 97,069 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of Performance Food Group by 154.2% during the fourth quarter. Victory Capital Management Inc. now owns 3,910,406 shares of the food distribution company’s stock valued at $330,625,000 after purchasing an additional 2,371,818 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of Performance Food Group by 3.9% during the fourth quarter. Wellington Management Group LLP now owns 3,909,635 shares of the food distribution company’s stock valued at $330,560,000 after purchasing an additional 147,080 shares during the last quarter. Institutional investors and hedge funds own 96.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Morgan Stanley boosted their price objective on Performance Food Group from $94.00 to $96.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 21st. BMO Capital Markets boosted their price target on Performance Food Group from $87.00 to $95.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Piper Sandler cut Performance Food Group from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $92.00 to $90.00 in a research note on Friday, February 7th. UBS Group boosted their price target on Performance Food Group from $98.00 to $102.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Finally, Melius Research upgraded Performance Food Group to a “hold” rating in a research note on Wednesday, December 18th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $95.73.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.