Boothbay Fund Management LLC Has $2.59 Million Stock Position in Jbs N.V. $JBS

Boothbay Fund Management LLC boosted its stake in shares of Jbs N.V. (NYSE:JBS) by 122.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 173,240 shares of the company’s stock after acquiring an additional 95,489 shares during the quarter. Boothbay Fund Management LLC’s holdings in JBS were worth $2,586,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. bought a new stake in shares of JBS during the second quarter valued at approximately $161,969,000. Banco BTG Pactual S.A. acquired a new position in JBS during the 3rd quarter worth $143,175,000. Ameriprise Financial Inc. boosted its position in JBS by 23,891.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,583,073 shares of the company’s stock valued at $98,285,000 after buying an additional 6,555,634 shares during the last quarter. State Street Corp bought a new position in JBS in the 2nd quarter valued at $84,109,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of JBS by 952.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,954,267 shares of the company’s stock valued at $59,037,000 after buying an additional 3,578,483 shares during the period.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on JBS shares. Zacks Research lowered JBS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Santander upgraded JBS from a “neutral” rating to an “outperform” rating in a research report on Thursday, December 11th. UBS Group raised JBS to a “strong-buy” rating in a report on Friday, February 6th. Weiss Ratings upgraded shares of JBS from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 4th. Finally, The Goldman Sachs Group set a $18.50 target price on shares of JBS in a research note on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $19.40.

Key Stories Impacting JBS

Here are the key news stories impacting JBS this week:

• Positive Sentiment: Tightening U.S. beef supply from a major plant could support beef prices and JBS’s margins if outages persist, giving pricing leverage to producers. Workers strike at one of the largest meatpacking plants amid record beef prices
• Positive Sentiment: JBS reportedly shifted production from the Colorado facility ahead of the walkout to soften immediate output loss, which may limit near‑term revenue disruption. JBS Beef-Plant Workers Begin Industry’s Largest Strike in Years
• Neutral Sentiment: The action is concentrated at the Greeley plant (one of the nation’s largest), so the company’s global scale and ability to reroute production could contain the impact — but outcomes depend on strike duration and escalation. Thousands of JBS employees strike in Greeley
• Negative Sentiment: Immediate risks include lost production, shipment delays and incremental operating costs (overtime, rerouting, contract labor), which could pressure near‑term revenue and margins if the strike persists. JBS workers launch first US meatpacking strike in 40 years, union says
• Negative Sentiment: Broader risks: higher labor costs if contracts are renegotiated, potential reputational scrutiny and the possibility of wider industry labor actions that could amplify supply shocks. 3,800 workers are on strike at one of the largest meatpacking plants in the US

JBS Trading Up 1.4%

NYSE JBS opened at $15.30 on Tuesday. Jbs N.V. has a 12 month low of $12.37 and a 12 month high of $17.80. The stock has a 50-day simple moving average of $15.55 and a 200 day simple moving average of $14.70. The company has a current ratio of 1.54, a quick ratio of 0.76 and a debt-to-equity ratio of 2.15.

JBS Profile

JBS SA is a global leader in the production and processing of meat products, with a focus on beef, pork and poultry. Headquartered in São Paulo, Brazil, the company operates through an extensive network of owned facilities and partnerships that span the Americas, Europe and the Asia-Pacific region. JBS supplies fresh, frozen and value-added protein solutions for retail, foodservice and industrial customers, and is active across the entire supply chain—from livestock procurement and feed production to slaughtering, processing, packaging and distribution.

Founded in 1953 by José Batista Sobrinho in Anápolis, Goiás, JBS began as a small slaughterhouse and expanded rapidly through strategic acquisitions and organic growth.