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: 62,200
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
116% more call options, than puts
Call options by funds: $12.4M | Put options by funds: $5.72M
47% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 119
2.12% more ownership
Funds ownership: 18.76% [Q1] → 20.88% (+2.12%) [Q2]
7% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 60
1% less funds holding
Funds holding: 402 [Q1] → 399 (-3) [Q2]
8% less capital invested
Capital invested by funds: $2.42B [Q1] → $2.23B (-$194M) [Q2]
100% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 0 (-2) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Goldman Sachs Leah Jordan | 12%upside $50 | Neutral Initiated | 23 Jun 2025 |
Financial journalist opinion
Based on 4 articles about PPC published over the past 30 days
