BF.A stock icon

Brown-Forman Class A
BF.A

$43.87
0.99%
 

About: Brown-Forman is a US-based manufacturer of premium distilled spirits that generates close to 70% of revenues in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generates 45% of sales from its home market, while the bulk of international revenues come from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and a 67% voting power of the company.

Employees: 5,600

0
Funds holding %
of 6,689 funds
Analysts bullish %
0
News positive %
of 12 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

330% more call options, than puts

Call options by funds: $683K | Put options by funds: $159K

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

2% less funds holding

Funds holding: 189 [Q4 2023] → 185 (-4) [Q1 2024]

10.78% less ownership

Funds ownership: 21.32% [Q4 2023] → 10.54% (-10.78%) [Q1 2024]

12% less capital invested

Capital invested by funds: $1.07B [Q4 2023] → $945M (-$129M) [Q1 2024]

20% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 20

47% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 78

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target
$45
3%
upside
Avg. target
$45
3%
upside
High target
$45
3%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Morgan Stanley
3%upside
$45
Equal-Weight
Maintained
6 Jun 2024

Financial journalist opinion

Based on 12 articles about BF.A published over the past 30 days