Allianz Asset Management GmbH Trims Holdings in Pilgrim’s Pride Corporation $PPC

Allianz Asset Management GmbH decreased its position in shares of Pilgrim’s Pride Corporation (NASDAQ:PPC) by 91.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,944 shares of the company’s stock after selling 363,841 shares during the period. Allianz Asset Management GmbH’s holdings in Pilgrim’s Pride were worth $1,341,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of PPC. AQR Capital Management LLC raised its position in shares of Pilgrim’s Pride by 59.3% during the 2nd quarter. AQR Capital Management LLC now owns 3,776,178 shares of the company’s stock valued at $169,852,000 after purchasing an additional 1,405,251 shares during the period. Bank of America Corp DE increased its stake in Pilgrim’s Pride by 22.9% in the 2nd quarter. Bank of America Corp DE now owns 2,171,836 shares of the company’s stock worth $97,689,000 after buying an additional 404,915 shares in the last quarter. State Street Corp raised its holdings in Pilgrim’s Pride by 21.5% during the second quarter. State Street Corp now owns 1,584,740 shares of the company’s stock valued at $71,282,000 after acquiring an additional 280,745 shares during the period. Invesco Ltd. raised its holdings in Pilgrim’s Pride by 48.6% during the second quarter. Invesco Ltd. now owns 1,459,203 shares of the company’s stock valued at $65,635,000 after acquiring an additional 477,216 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in shares of Pilgrim’s Pride by 15.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,243,039 shares of the company’s stock valued at $67,758,000 after acquiring an additional 166,967 shares in the last quarter. 16.64% of the stock is currently owned by institutional investors.

Pilgrim’s Pride Trading Up 4.0%

Shares of NASDAQ PPC opened at $43.32 on Friday. Pilgrim’s Pride Corporation has a 1-year low of $35.73 and a 1-year high of $57.16. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.47 and a quick ratio of 0.78. The business’s 50 day moving average is $40.81 and its two-hundred day moving average is $41.30. The stock has a market capitalization of $10.29 billion, a P/E ratio of 9.54 and a beta of 0.43.

Pilgrim’s Pride (NASDAQ:PPC) last announced its earnings results on Wednesday, February 11th. The company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.14). Pilgrim’s Pride had a return on equity of 35.15% and a net margin of 5.85%.The company had revenue of $4.52 billion during the quarter, compared to analysts’ expectations of $4.39 billion. During the same quarter last year, the firm posted $1.35 EPS. Pilgrim’s Pride’s revenue for the quarter was up 3.3% compared to the same quarter last year. As a group, research analysts expect that Pilgrim’s Pride Corporation will post 5.13 EPS for the current year.

Analyst Upgrades and Downgrades

PPC has been the subject of several research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Pilgrim’s Pride in a research report on Monday, December 29th. Wall Street Zen upgraded Pilgrim’s Pride from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Zacks Research cut shares of Pilgrim’s Pride from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Santander raised shares of Pilgrim’s Pride from a “neutral” rating to an “outperform” rating in a report on Thursday, December 11th. Finally, BMO Capital Markets raised their target price on shares of Pilgrim’s Pride from $40.00 to $42.00 and gave the company a “market perform” rating in a research note on Friday. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $44.33.

Pilgrim’s Pride News Roundup

Here are the key news stories impacting Pilgrim’s Pride this week:

• Positive Sentiment: Revenue and branded growth beat expectations — Q4 net sales rose ~3.3% y/y and topped estimates, driven by a strong U.S. Prepared Foods business (Just Bare® momentum) and improved European performance; Pilgrim’s also returned $2 billion to shareholders. Pilgrim’s Pride Reports Fourth Quarter and Year-End 2025 Results
• Positive Sentiment: Solid full‑year cash generation and leverage — FY2025 GAAP net income ~$1.1B and adjusted EBITDA ~ $2.27B, with net leverage below ~1.1x, which supports liquidity and shareholder returns. Quiver Quant: Pilgrim’s Pride Announces 2025 Financial Results
• Neutral Sentiment: Analyst target modestly adjusted — BMO raised its price target from $40 to $42 and kept a “market perform” rating (target still implies limited upside/downside near current levels). The Fly: BMO raises PPC price target
• Neutral Sentiment: Management commentary and slide deck are available — the earnings call/transcript and presentation give detail on segment mix, cost actions and outlook (useful for modeling near‑term margin recovery scenarios). Earnings Call Transcript
• Negative Sentiment: Q4 earnings missed consensus — reported EPS under consensus (the company reported a lower Q4 EPS vs. the ~$0.78 consensus), and adjusted EBITDA declined y/y in the quarter, signaling margin pressure. That miss is the proximate reason for investor concern. Zacks: Q4 results lag estimates
• Negative Sentiment: Margin compression and regional headwinds — analysts and deep‑dive coverage point to commodity cost volatility and weak Mexico margins (imports and live commodity market issues), increasing near‑term profit risk; Zacks also downgraded the stock to “strong sell.” MSN deep dive: Margin compression Zacks: PPC downgraded

Pilgrim’s Pride Company Profile

Pilgrim’s Pride Corporation is a leading poultry producer in the United States and Mexico and a wholly owned subsidiary of JBS SA Headquartered in Greeley, Colorado, and Pittsburg, Texas, the company specializes in the production, processing and distribution of fresh, frozen and value-added chicken products. Pilgrim’s Pride serves a diverse customer base that includes retail grocery chains, foodservice distributors and restaurant operators across North America and in select international markets.

The company’s vertically integrated operations encompass breeding, hatching, feed milling, processing plants and cold storage facilities.