Pilgrim's Pride
About: Pilgrim's Pride is the second-largest poultry producer in the US (59% of 2024 sales), the UK (29% including other European sales), and Mexico (12%). Its UK and European arm also includes pork operations from the 2019 acquisition of Tulip. Pilgrim's sells to chain restaurants, food processors, food distributors, and retail chains. Most of its US and Mexican sales come from fresh chicken, while prepared chicken and pork constitute most of its UK and European sales. JBS owns more than 80% of Pilgrim's Pride's outstanding shares, though it failed to acquire the remaining stake in 2021 after a special board committee deemed that JBS' offer undervalued Pilgrim's Pride.
Employees: 61,600
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
126% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 42
45% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 105
23% more call options, than puts
Call options by funds: $19.9M | Put options by funds: $16.2M
13% more funds holding
Funds holding: 350 [Q4 2024] → 394 (+44) [Q1 2025]
8% more capital invested
Capital invested by funds: $2.23B [Q4 2024] → $2.41B (+$187M) [Q1 2025]
2.01% less ownership
Funds ownership: 20.69% [Q4 2024] → 18.68% (-2.01%) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
BMO Capital Andrew Strelzik | 6%downside $48 | Market Perform Maintained | 17 Mar 2025 |
Financial journalist opinion
Based on 5 articles about PPC published over the past 30 days
