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[url="]Performance Food Group Company[/url] (PFG) (NYSE: PFGC) will host a live audio webcast at 9 a.m. ET Wednesday, August 12, 2026, to discuss fourth-quarter

NEWTOWN SQUARE, Pa.--(BUSINESS WIRE)--Kaskela Law is investigating Performance Food Group Company (NYSE: PFGC) (“PFG”) on behalf of the company's current shareholders.The investigation seeks to determine whether PFG and/or the company's officers and directors violated the securities laws or breached their fiduciary duties in connection with recent corporate actions.PFG shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) for additional informati.

Company Enters New Phase of Disciplined Transformation Aimed at Driving Scalable Growth, Expanding its AI and High-Performance Footprint, and Maximizing Shareholder Value Company Enters New Phase of Disciplined Transformation Aimed at Driving Scalable Growth, Expanding its AI and High-Performance Footprint, and Maximizing Shareholder Value

Posted by Defense World Staff on Apr 26th, 2026

AEGON ASSET MANAGEMENT UK Plc reduced its position in shares of Performance Food Group Company (NYSE:PFGC – Free Report) by 32.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 140,449 shares of the food distribution company’s stock after selling 66,147 shares during the period. AEGON ASSET MANAGEMENT UK Plc owned 0.09% of Performance Food Group worth $12,629,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. lifted its stake in shares of Performance Food Group by 1.0% in the third quarter. PNC Financial Services Group Inc. now owns 10,897 shares of the food distribution company’s stock worth $1,134,000 after buying an additional 113 shares in the last quarter. US Bancorp DE grew its stake in Performance Food Group by 4.6% during the 3rd quarter. US Bancorp DE now owns 3,283 shares of the food distribution company’s stock valued at $342,000 after acquiring an additional 144 shares in the last quarter. Orion Porfolio Solutions LLC raised its holdings in Performance Food Group by 0.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 24,960 shares of the food distribution company’s stock valued at $2,183,000 after acquiring an additional 189 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Performance Food Group by 29.3% in the third quarter. EverSource Wealth Advisors LLC now owns 852 shares of the food distribution company’s stock valued at $89,000 after purchasing an additional 193 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its position in shares of Performance Food Group by 55.4% in the third quarter. Parkside Financial Bank & Trust now owns 564 shares of the food distribution company’s stock valued at $59,000 after purchasing an additional 201 shares in the last quarter. Hedge funds and other institutional investors own 96.87% of the company’s stock.

Analyst Upgrades and Downgrades Several brokerages have issued reports on PFGC. Weiss Ratings restated a “hold (c)” rating on shares of Performance Food Group in a report on Friday, March 27th. Barclays cut their price objective on shares of Performance Food Group from $120.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday, January 7th. Morgan Stanley reduced their target price on shares of Performance Food Group from $123.00 to $120.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Zacks Research upgraded shares of Performance Food Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Performance Food Group in a research note on Thursday, February 5th. Nine analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $116.44.

Check Out Our Latest Stock Analysis on Performance Food Group

Performance Food Group Price Performance PFGC opened at $90.21 on Friday. The stock’s 50-day moving average price is $89.37 and its 200 day moving average price is $93.09. Performance Food Group Company has a 12-month low of $77.44 and a 12-month high of $109.05. The company has a current ratio of 1.60, a quick ratio of 0.68 and a debt-to-equity ratio of 1.45. The firm has a market cap of $14.15 billion, a price-to-earnings ratio of 41.01, a PEG ratio of 1.42 and a beta of 0.94.

Performance Food Group (NYSE:PFGC – Get Free Report) last released its earnings results on Wednesday, February 4th. The food distribution company reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.09). The firm had revenue of $16.44 billion during the quarter, compared to analyst estimates of $16.54 billion. Performance Food Group had a net margin of 0.52% and a return on equity of 15.64%. The business’s revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.98 earnings per share. As a group, sell-side analysts expect that Performance Food Group Company will post 4.59 earnings per share for the current year.

Insider Activity In other news, insider Chasity D. Grosh sold 1,843 shares of Performance Food Group stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $92.03, for a total value of $169,611.29. Following the completion of the transaction, the insider owned 6,601 shares in the company, valued at approximately $607,490.03. This trade represents a 21.83% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 4.50% of the company’s stock.

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.

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Performance Food Group (PFGC - Free Report) came out with quarterly earnings of $0.8 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +3.76%. A quarter ago, it was expected that this food distributor would post earnings of $1.07 per share when it actually produced earnings of $0.98, delivering a surprise of -8.41%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Performance Food, which belongs to the Zacks Food - Natural Foods Products industry, posted revenues of $16.29 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.76%. This compares to year-ago revenues of $15.31 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Performance Food shares have lost about 3.1% since the beginning of the year versus the S&P 500's gain of 6%.

What's Next for Performance Food?While Performance Food has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Performance Food was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.66 on $17.97 billion in revenues for the coming quarter and $4.59 on $67.59 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Food - Natural Foods Products is currently in the bottom 12% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the broader Zacks Retail-Wholesale sector, Gap (GAP - Free Report) , has yet to report results for the quarter ended April 2026.

This clothing chain is expected to post quarterly earnings of $0.39 per share in its upcoming report, which represents a year-over-year change of -23.5%. The consensus EPS estimate for the quarter has been revised 2.8% higher over the last 30 days to the current level.

Gap's revenues are expected to be $3.53 billion, up 1.8% from the year-ago quarter.

Performance Food Group remains a "Buy" as valuation offers meaningful upside, even after recent underperformance versus the S&P 500. PFGC delivered strong revenue growth, driven by acquisitions and organic case volume increases, despite margin pressure and mixed segment profitability. Management raised 2026 revenue guidance to $67.7–$68 billion and reaffirmed 2028 EBITDA targets, supporting a bullish long-term outlook.