Pilgrim's Pride Corporation (PPC)

Pilgrim's Pride Corp. announced its Q4 & FY 2025 Earnings Call for February 12, 2026. Mexico's Economy Minister stated that Pilgrim's plans to invest $1.3 billion in Mexico by 2030. Pilgrim's Pride reported its Third Quarter 2025 results on October 29, 2025, with $4.8 billion in net sales and an operating income of $492.6 million; despite beating EPS and revenue forecasts for Q3 2025, the stock fell 3.25% in premarket trading. The company's stock hit a 52-week low of $36.87 USD on October 30, 2025, and $37.02 USD on October 20, 2025. BMO Capital lowered its price target on Pilgrim's Pride to $40.00 from $48.00 on October 14, 2025. Analyst ratings have also seen changes, with Santander upgrading Pilgrim's Pride from a "neutral" to an "outperform" rating on December 11, 2025, and Zacks Research raising it from a "strong sell" to a "hold" rating on November 7, 2025. Barclays lowered its price objective from $49.00 to $45.00 and set an "equal weight" rating on December 9, 2025. The Goldman Sachs Group reduced its target price from $54.00 to $46.00 and set a "neutral" rating on October 13, 2025.

While some of Pilgrim's Pride's products may experience increased demand during specific periods, such as turkeys around Thanksgiving or certain products during the summer BBQ season, a quick review of historical quarterly earnings does not indicate dramatic overall seasonality for the company's products. The base demand for chicken appears fairly consistent throughout the year. Global chicken demand is generally expected to continue growing, driven by factors such as health, affordability, and convenience. In 2024, the company benefited from strong chicken demand across both retail and foodservice, with consumers increasingly opting for chicken due to its relative affordability.

Pilgrim's Pride Corporation is a global food company involved in the production, processing, marketing, and distribution of chicken and pork products. It operates in the Consumer Non-Cyclicals sector, specifically in the Food, Beverage & Tobacco sector and the Packaged Foods and Meats or Food Processing industry. The company is the second-largest poultry producer in the United States, offering a wide range of products including refrigerated and frozen chicken and pork, as well as prepared and plant-based items, marketed under various brands to chain restaurants, food processors, food distributors, and retail chains.

Pilgrim's Pride Corporation has a significant international presence, operating through three main segments: the United States, the United Kingdom and Europe, and Mexico. In 2024, 59% of its sales came from the US, 29% from the UK and other European sales, and 12% from Mexico. The company employs over 62,000 people and operates protein processing plants and prepared-foods facilities across 14 states in the US, Puerto Rico, Mexico, the U.K., the Republic of Ireland, and continental Europe.

Pilgrim's Pride's brand reputation has been influenced by discussions around its environmental impact, particularly concerning water pollution from its supply chain. The company has undertaken initiatives aimed at reducing its environmental impact and improving operational efficiencies, aligning with broader industry trends towards sustainability and ethical sourcing. The company also actively expands its product range to meet diverse consumer demands, incorporating organic and antibiotic-free chicken products into its portfolio.

JBS N.V. holds a majority stake of 82.28% in Pilgrim's Pride Corporation, giving it effective control. Major institutional shareholders include Vanguard Group Inc, BlackRock, Inc., Aqr Capital Management Llc, Dimensional Fund Advisors Lp, D. E. Shaw & Co., Inc., Bank Of America Corp /de/, State Street Corp, Jacobs Levy Equity Management, Inc, Invesco Ltd., and Renaissance Technologies Llc. Individual insider owners with substantial holdings include Wesley Mendonca Batista and Joesley Mendonca Batista, each holding 82.28% of shares, and Jose Batista Jr. with 60.68%.