27,827 Shares in Pilgrim’s Pride Corporation $PPC Acquired by Redwood Investment Management LLC

Posted by on Aug 3rd, 2026

Redwood Investment Management LLC bought a new position in Pilgrim’s Pride Corporation (NASDAQ:PPC – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 27,827 shares of the company’s stock, valued at approximately $1,051,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of Pilgrim’s Pride by 2.3% in the 4th quarter. Vanguard Group Inc. now owns 5,804,210 shares of the company’s stock worth $226,306,000 after acquiring an additional 131,482 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Pilgrim’s Pride by 18.7% in the 3rd quarter. AQR Capital Management LLC now owns 4,482,124 shares of the company’s stock valued at $182,512,000 after purchasing an additional 705,946 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Pilgrim’s Pride by 12.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,830,054 shares of the company’s stock valued at $144,617,000 after purchasing an additional 411,656 shares during the last quarter. Bank of America Corp DE raised its position 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 purchasing an additional 404,915 shares during the period. Finally, State Street Corp raised its position in Pilgrim’s Pride by 7.0% in the 4th quarter. State Street Corp now owns 1,661,307 shares of the company’s stock worth $64,774,000 after purchasing an additional 108,949 shares during the period. 16.64% of the stock is currently owned by institutional investors.

Pilgrim’s Pride Stock Performance

Pilgrim’s Pride stock opened at $27.36 on Monday. The company has a current ratio of 1.36, a quick ratio of 0.62 and a debt-to-equity ratio of 0.76. The firm has a market cap of $6.51 billion, a P/E ratio of 11.90 and a beta of 0.29. Pilgrim’s Pride Corporation has a 1-year low of $26.50 and a 1-year high of $50.56. The firm has a 50-day moving average of $28.55 and a 200-day moving average of $34.29.

Pilgrim’s Pride (NASDAQ:PPC – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.06). The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.70 billion. Pilgrim’s Pride had a net margin of 2.96% and a return on equity of 21.70%. The firm’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.70 EPS. Sell-side analysts expect that Pilgrim’s Pride Corporation will post 3.01 EPS for the current year.

Analyst Upgrades and Downgrades

PPC has been the subject of several recent research reports. Stephens set a $40.00 price target on shares of Pilgrim’s Pride in a research note on Wednesday, April 15th. UBS Group began coverage on Pilgrim’s Pride in a report on Tuesday, May 19th. They issued a “neutral” rating and a $30.00 price objective on the stock. Bank of America lowered their target price on Pilgrim’s Pride from $37.00 to $30.00 and set a “neutral” rating for the company in a research note on Thursday, July 2nd. Barclays upgraded Pilgrim’s Pride from an “equal weight” rating to an “overweight” rating and dropped their target price for the company from $45.00 to $42.00 in a report on Friday, May 1st. Finally, Weiss Ratings cut Pilgrim’s Pride from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, June 26th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $36.83.

Read Our Latest Stock Report on PPC

About Pilgrim’s Pride

(Free Report)

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.

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Institutional Ownership by Quarter for Pilgrim's Pride (NASDAQ:PPC)

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