South Dakota Investment Council Has $4.20 Million Position in Pilgrim’s Pride Corporation $PPC

South Dakota Investment Council raised its holdings in Pilgrim’s Pride Corporation (NASDAQ:PPC) by 68.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 111,201 shares of the company’s stock after acquiring an additional 45,300 shares during the quarter. South Dakota Investment Council’s holdings in Pilgrim’s Pride were worth $4,199,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Torren Management LLC bought a new stake in Pilgrim’s Pride in the fourth quarter valued at approximately $31,000. MCF Advisors LLC bought a new position in Pilgrim’s Pride during the fourth quarter worth about $35,000. Kingdom Financial Group LLC. acquired a new position in Pilgrim’s Pride in the fourth quarter valued at about $37,000. Bessemer Group Inc. grew its stake in Pilgrim’s Pride by 205.4% in the first quarter. Bessemer Group Inc. now owns 1,014 shares of the company’s stock valued at $39,000 after acquiring an additional 682 shares during the period. Finally, Quarry LP increased its holdings in shares of Pilgrim’s Pride by 30.5% in the fourth quarter. Quarry LP now owns 1,248 shares of the company’s stock worth $49,000 after acquiring an additional 292 shares in the last quarter. Institutional investors and hedge funds own 16.64% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on PPC. The Goldman Sachs Group reduced their price target on shares of Pilgrim’s Pride from $44.00 to $39.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Barclays upgraded Pilgrim’s Pride from an “equal weight” rating to an “overweight” rating and lowered their target price for the stock from $45.00 to $42.00 in a report on Friday, May 1st. UBS Group initiated coverage on Pilgrim’s Pride in a research report on Tuesday, May 19th. They set a “neutral” rating and a $30.00 price objective for the company. Weiss Ratings downgraded Pilgrim’s Pride from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, June 26th. Finally, Bank of America decreased their price objective on Pilgrim’s Pride from $37.00 to $30.00 and set a “neutral” rating for the company in a report on Thursday, July 2nd. Two research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $36.83.

Trending Headlines about Pilgrim’s Pride

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

• Positive Sentiment: Prepared foods and brand growth remain bright spots. U.S. Prepared Foods sales and margins increased, while Just Bare® retail sales rose more than 30% year over year and gained nearly 300 basis points of market share. European and Mexican poultry and prepared-food volumes also grew. Pilgrim’s Pride Reports Second Quarter 2026 Results
• Positive Sentiment: Liquidity supports continued investment. PPC reported a net leverage ratio of 1.43x adjusted EBITDA, below its 2x–3x target range, and is investing in plant upgrades and expanded deboning and prepared-foods capacity to reduce exposure to commodity volatility.
• Neutral Sentiment: Analyst sentiment remains cautious. The company has a consensus “Hold” rating, while reported recent price targets range from $30 to $42, with a median of $39. Pilgrim’s Pride Receives Consensus Hold Rating
• Negative Sentiment: Profit and revenue missed expectations. Q2 revenue fell 2.8% year over year to $4.63 billion, below the roughly $4.70 billion analyst estimate. Adjusted EPS was $0.64, below estimates of approximately $0.70–$0.75 and down from $1.70 a year earlier. PPC Q2 Earnings Miss Estimates
• Negative Sentiment: Commodity oversupply compressed margins. Falling chicken commodity prices, increased protein supply and weaker pricing reduced adjusted EBITDA 47.6% to $360 million. GAAP operating income declined 87.1%, while GAAP EPS was only $0.06, partly reflecting litigation, impairment and debt-extinguishment charges. UK pork margins also faced pressure from imports, and Mexico experienced increased domestic production and imports.

Pilgrim’s Pride Stock Performance

NASDAQ:PPC opened at $29.34 on Friday. The company has a current ratio of 1.48, a quick ratio of 0.73 and a debt-to-equity ratio of 0.83. The stock has a market cap of $6.98 billion, a P/E ratio of 12.76 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 stock has a 50 day simple moving average of $28.57 and a 200 day simple moving average of $34.38.

Pilgrim’s Pride (NASDAQ:PPC) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.06). The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.70 billion. Pilgrim’s Pride had a net margin of 2.96% and a return on equity of 21.85%. The company’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.70 EPS. Research analysts anticipate that Pilgrim’s Pride Corporation will post 3.01 earnings per share for the current year.

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.