Allianz Asset Management GmbH Reduces Position in Pilgrim’s Pride Corporation $PPC

Allianz Asset Management GmbH trimmed its holdings in Pilgrim’s Pride Corporation (NASDAQ:PPC) by 91.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor 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 institutional investors and hedge funds have also recently modified their holdings of PPC. AQR Capital Management LLC grew its position in Pilgrim’s Pride by 59.3% in the 2nd quarter. AQR Capital Management LLC now owns 3,776,178 shares of the company’s stock valued at $169,852,000 after acquiring an additional 1,405,251 shares during the last quarter. Invesco Ltd. lifted its position in shares of Pilgrim’s Pride by 48.6% during the second quarter. Invesco Ltd. now owns 1,459,203 shares of the company’s stock worth $65,635,000 after purchasing an additional 477,216 shares during the last quarter. Norges Bank purchased a new stake in shares of Pilgrim’s Pride during the second quarter valued at $18,231,000. Bank of America Corp DE grew its holdings in shares of Pilgrim’s Pride by 22.9% in the second quarter. Bank of America Corp DE now owns 2,171,836 shares of the company’s stock worth $97,689,000 after purchasing an additional 404,915 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in Pilgrim’s Pride in the 2nd quarter worth about $17,569,000. 16.64% of the stock is owned by institutional investors.

Trending Headlines about Pilgrim’s Pride

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 Stock Performance

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

Pilgrim’s Pride (NASDAQ:PPC) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.64 earnings per share (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 firm had revenue of $4.52 billion during the quarter, compared to analysts’ expectations of $4.39 billion. During the same period in the previous year, the firm earned $1.35 EPS. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. Research analysts expect that Pilgrim’s Pride Corporation will post 5.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on PPC shares. Santander raised shares of Pilgrim’s Pride from a “neutral” rating to an “outperform” rating in a research report on Thursday, December 11th. Barclays lowered their price target on Pilgrim’s Pride from $49.00 to $45.00 and set an “equal weight” rating for the company in a report on Tuesday, December 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Pilgrim’s Pride in a research note on Monday, December 29th. Wall Street Zen raised Pilgrim’s Pride from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, BMO Capital Markets increased their price target on Pilgrim’s Pride from $40.00 to $42.00 and gave the stock a “market perform” rating in a research report on Friday. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $44.33.

Pilgrim’s Pride 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.