Brown-Forman Class BBF.B
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: 5,700
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
130% more call options, than puts
Call options by funds: $27.6M | Put options by funds: $12M
31% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 89
3% more funds holding
Funds holding: 603 [Q3] → 620 (+17) [Q4]
0.16% less ownership
Funds ownership: 60.96% [Q3] → 60.79% (-0.16%) [Q4]
17% less repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 230
23% less capital invested
Capital invested by funds: $9.07B [Q3] → $7.01B (-$2.06B) [Q4]
50% less funds holding in top 10
Funds holding in top 10: 4 [Q3] → 2 (-2) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Citigroup Filippo Falorni 43% 1-year accuracy 9 / 21 met price target | 0%upside $35 | Neutral Maintained | 14 Apr 2025 |
Barclays Lauren Lieberman 57% 1-year accuracy 51 / 89 met price target | 9%upside $38 | Overweight Maintained | 27 Mar 2025 |
UBS Sean King 33% 1-year accuracy 1 / 3 met price target | 12%upside $39 | Neutral Maintained | 7 Mar 2025 |
Morgan Stanley Eric Serotta 100% 1-year accuracy 3 / 3 met price target | 8%downside $32 | Underweight Downgraded | 6 Mar 2025 |
JP Morgan Andrea Teixeira 53% 1-year accuracy 34 / 64 met price target | 3%upside $36 | Underweight Maintained | 6 Mar 2025 |
Financial journalist opinion
Based on 4 articles about BF.B published over the past 30 days









