Pilgrim's Pride Corporation (PPC) stock price, news, quote and history
Pilgrim's Pride Corporation (PPC) stock closed at $27.50, up 9.13% on October 2nd, with an after-hours price of $27.50. The company, a subsidiary of JBS N.V., specializes in producing and distributing fresh, frozen, and value-added chicken and pork products across the United States, Europe, and Mexico. Analysts have an average 1-year target estimate of $33.29 for PPC, with recent ratings including a "Neutral" from UBS on July 8, 2026.
Pilgrim's Pride (NASDAQ:PPC) Shares Climb 7.9% - Here's What Happened
Pilgrim's Pride (NASDAQ:PPC) shares surged 7.9% on Friday, reaching $27.19, despite trading volume being 44% below average. This climb occurred even though analysts maintain a cautious "Hold" rating with an average price target of $36.50, and the company recently missed quarterly earnings and revenue expectations. Institutional investors have significantly increased their holdings in Pilgrim's Pride, with notable boosts from Dimensional Fund Advisors LP and BlackRock Inc.
Pilgrims Pride Corp stock hits 52-week low at 25.9 USD
Pilgrim's Pride Corp (PPC) stock has fallen to a new 52-week low of $25.88, representing a 34.5% decline over the past year and a 28.9% drop in the last six months. Despite the downturn, InvestingPro data suggests the stock is undervalued with a low earnings multiple. Recent developments include a €500 million senior notes offering, a proposal from JBS N.V. to acquire the remaining 18% of Pilgrim's Pride for $28.49 per share, and a Neutral rating from UBS due to challenging industry fundamentals.
JBSAY5156185 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the JBSAY5156185 bond issued by Pilgrim's Pride Corporation. It covers key facts such as issuer details, issue and maturity dates, face value, and minimum denomination. The profile also includes information on coupon payments, redemption details, and the company's business segments.
Pilgrim's Pride (PPC) Ascends While Market Falls: Some Facts to Note
Pilgrim's Pride (PPC) saw a modest gain of 1.04% in the recent trading session, outperforming the broader market which experienced declines. Despite this recent uptick, the stock has fallen 12.21% over the past month and is currently carrying a Zacks Rank of #5 (Strong Sell). Investors are anticipating the company's upcoming earnings report, which is projected to show a significant decrease in EPS and a slight dip in revenue compared to the prior year.
Pilgrim's Pride forms special committee to evaluate JBS acquisition offer
Pilgrim's Pride (NASDAQ: PPC) has formed a special committee to review an unsolicited acquisition proposal from its majority owner, JBS N.V., to acquire all outstanding shares not already owned by JBS. The offer is for a fixed exchange ratio of 2.086 JBS Class A shares per PPC share. Law firm Halper Sadeh LLC has launched an investigation into the fairness of the transaction terms and potential benefits to insiders, urging shareholders to contact them to discuss their rights.
395,664 Shares in Pilgrim's Pride Corporation $PPC Acquired by Bank of America Corp DE
Bank of America Corp DE has acquired 395,664 shares of Pilgrim's Pride Corporation (NASDAQ:PPC) worth approximately $11.1 million, representing about 0.17% of the company. Other institutional investors like Dimensional Fund Advisors LP and BlackRock Inc. also increased their stakes. Pilgrim's Pride recently missed Q2 earnings and revenue estimates, and analysts currently have an average "Hold" rating with a $36.50 price target.
US72147KAL2 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the Pilgrim's Pride Corporation 6.875% 15-MAY-2034 bond (US72147KAL2). It outlines key facts about the bond, including issuer information, issue and maturity dates, face value, and minimum denomination. The profile also details interest payment information, such as the coupon rate, frequency, and upcoming payout schedule, along with bond redemption specifics.
Corient Private Wealth LP Grows Holdings in Pilgrim's Pride Corporation $PPC
Corient Private Wealth LP significantly increased its stake in Pilgrim's Pride Corporation (NASDAQ:PPC) by 63.3% in the second quarter, bringing its total holdings to 91,315 shares. Other institutional investors like BlackRock and Van ECK Associates also expanded their positions. Despite increased institutional investment, Pilgrim's Pride shares are trading down, and the company recently missed quarterly EPS estimates, with analysts maintaining a cautious "Hold" rating.
Form 8K Pilgrims Pride Corp For: 23 September By Investing.com
This article announces that Pilgrims Pride Corp (PPC) filed a Form 8K for September 23rd. The brief content indicates it's a financial news item, likely detailing significant events or changes within the company. The article includes the stock symbol PPC and shows a slight positive performance of 2.05%.
Pilgrim’s Pride completes €500 million senior notes offering for acquisition funding
Pilgrim's Pride Corporation and its subsidiary, Pilgrim’s Europe Finance PLC, successfully completed a €500 million senior notes offering with a 4.750% interest rate due in 2034. The net proceeds will be used for general corporate purposes, including funding the acquisition of Walkers Deli & Sausage Company. This move comes amidst other significant developments for Pilgrim's Pride, such as a non-binding acquisition proposal from JBS N.V. and a "Neutral" rating from UBS due to industry challenges.
Pilgrim's Pride Completes €500 Million 4.750% Senior Notes Due 2034 for Walkers Acquisition
Pilgrim's Pride (PPC) has completed a private offering of €500 million in 4.750% senior notes due 2034, co-issued with Pilgrim's Europe Finance. The notes will pay interest annually starting in 2027 and mature in 2034. The net proceeds from this offering will be used for general corporate purposes, including funding the acquisition of Walkers Deli & Sausage Company.
Pilgrim's Pride (PPC) Stock Moves -1.70%: What You Should Know
Pilgrim's Pride (PPC) saw its stock drop by 1.70% in a recent trading session, contrasting with gains in the Dow and Nasdaq. The company is projected to report a significant decrease in EPS and a slight dip in revenue for its upcoming earnings release. Analysts currently assign PPC a Zacks Rank of #5 (Strong Sell), indicating an unfavorable outlook based on recent estimate revisions.
XS350773622 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the Pilgrim's Pride Corporation 4.75% bond maturing on January 23, 2034, identified by XS350773622. It outlines key facts such as the issuer, issue and maturity dates, face value, and minimum denomination. The profile also includes information on interest payments, the coupon payout schedule, and bond redemption details, offering a comprehensive overview for potential investors.
JBS (JBS) Wants All of Pilgrim’s Pride While Profits Slide
JBS N.V. (JBS) has proposed acquiring all outstanding shares of Pilgrim's Pride Corporation, a company it already largely controls. This move comes despite JBS reporting a net loss for the recent quarter, with Pilgrim's Pride also seeing a significant drop in adjusted EBITDA. The market and short sellers remain skeptical about the deal's ability to address JBS's profit challenges, leaving the final decision heavily influenced by Pilgrim's Pride's minority shareholders.
Pilgrim's Pride Corporation (NASDAQ:PPC) Given Average Rating of "Hold" by Analysts
Pilgrim's Pride Corporation (NASDAQ:PPC) has received an average "Hold" rating from analysts, with five holding, two buying, and one selling. The average 12-month price target is $36.50, though some firms recently lowered their targets. The company missed recent earnings expectations, reporting $0.64 EPS against a $0.70 consensus and revenues of $4.63 billion against $4.70 billion expected.
Pilgrim’s Pride prices €500 million senior notes due 2034
Pilgrim's Pride Corporation and its subsidiary Pilgrim's Europe Finance PLC have priced €500 million in senior notes with a 4.750% interest rate, maturing in 2034. The proceeds will be used for general corporate purposes, including the acquisition of Walkers Deli & Sausage Company. The notes are being offered to qualified institutional buyers and certain non-U.S. persons.
Pilgrim’s Pride Prices Senior Notes Offering
Pilgrim’s Pride Corporation announced the pricing of an offering of €500 million aggregate principal amount of 4.750% senior notes due 2034. The net proceeds are intended for general corporate purposes, including funding the acquisition of Walkers Deli & Sausage Company. The offering is expected to close on September 23, 2026, subject to customary conditions, and the notes have not been registered under the Securities Act of 1933.
Pilgrim’s Pride launches €500M senior notes offering
Pilgrim's Pride Corporation and its subsidiary Pilgrim's Europe Finance plc have announced a private offering of up to €500 million in senior notes. The company plans to use the proceeds for general corporate purposes, including the acquisition of Walkers Deli & Sausage Company. The offering is open to qualified institutional buyers and certain non-U.S. persons.
Empowered Funds LLC Purchases Shares of 56,021 Pilgrim's Pride Corporation $PPC
Empowered Funds LLC recently acquired 56,021 shares of Pilgrim's Pride Corporation (NASDAQ:PPC) worth approximately $1.575 million during the second quarter. This move comes as other major institutional investors, such as Vanguard and BlackRock, also adjusted their holdings in the company. Despite these purchases, analysts have maintained a cautious "Hold" rating for Pilgrim's Pride, with an average target price of $36.50, following recent earnings that missed expectations.
Pilgrim’s Pride Announces Offering of Senior Notes
Pilgrim's Pride Corporation and Pilgrim's Europe Finance plc have announced a private offering of up to €500 million in senior notes. The proceeds are intended for general corporate purposes, including funding the acquisition of Walkers Deli & Sausage Company. The notes have not been registered under the Securities Act and will be offered to qualified institutional buyers and certain non-U.S. persons.
Bank of New York Mellon Corp Purchases New Shares in Pilgrim's Pride Corporation $PPC
Bank of New York Mellon Corp has acquired 376,609 shares of Pilgrim's Pride Corporation (NASDAQ:PPC) worth approximately $10.6 million, representing 0.16% of the company. Despite this investment, analyst sentiment remains cautious with a consensus "Hold" rating and recent price target reductions from UBS and Bank of America. Pilgrim's Pride recently reported a miss on quarterly earnings and a slight revenue decline.
Van ECK Associates Corp Acquires 1,199,625 Shares of Pilgrim's Pride Corporation $PPC
Van ECK Associates Corp significantly increased its stake in Pilgrim's Pride Corporation, acquiring over 1.1 million shares and raising its total holdings to 1,365,157 shares valued at $38.4 million. Other major institutions like Vanguard and BlackRock also expanded or initiated positions, bringing institutional ownership to 16.64%. Despite analysts maintaining a "Hold" rating with an average price target of $36.50, Pilgrim's Pride missed quarterly earnings estimates, reporting $0.64 EPS on $4.63 billion revenue, a 2.8% year-over-year decline.
Trump Targets Big Meat Processors: Potential Market Pressure on Tyson, Pilgrim’s Pride and Hormel
Former President Trump announced on Truth Social his intent to "break" the grip of "Big Four" meat processors, aiming to restore ranchers' processing freedom. This statement could significantly impact the stock market, increasing regulatory and competitive risks for companies like Tyson Foods and Pilgrim’s Pride, potentially leading to margin compression and market-share erosion. Conversely, Hormel Foods Corp might benefit due to its diversified product range and ability to adapt to changes in input costs and supply strategies.
Hsbc Holdings PLC Acquires Shares of 204,149 Pilgrim's Pride Corporation $PPC
HSBC Holdings PLC recently acquired 204,149 shares of Pilgrim's Pride Corporation (NASDAQ:PPC) in the second quarter, bringing their total stake to approximately $5.75 million. Other institutional investors like Vanguard Group Inc., BlackRock Inc., and AQR Capital Management LLC have also adjusted their positions in the company. Pilgrim's Pride recently missed earnings expectations, reporting $0.64 EPS against an anticipated $0.70, and its revenue declined 2.8% year over year.
JBS seeks rest of Pilgrim’s Pride in $1.2B offer
Meatpacking giant JBS NV has offered to acquire the remaining 18% stake in chicken producer Pilgrim's Pride Corp. that it doesn't already own, in a stock deal valued at approximately $1.2 billion. This move aims to simplify the organizational structure, create cost savings, and improve capital allocation. Pilgrim's Pride shares surged following the announcement, as this proposal allows JBS to bring the chicken producer fully into its expansion plans and avoid being "double exposed" on U.S. stock markets.
Weekly protein report: JBS targets remaining Pilgrim’s Pride shares in $1.2 billion deal
JBS has offered to acquire the remaining shares of Pilgrim's Pride it doesn't already own in a stock deal valued at approximately $1.2 billion, aiming for a simplified organizational structure and cost savings. The article also covers various aspects of the protein market, including Chinese demand for burgers, a resolution to a Cargill beef plant lockout, and the evolving challenges in the feedyard sector due to capacity issues and economic shifts. Additionally, it details USDA reports on cattle, hogs, and dairy, highlighting production forecasts, price adjustments, and export/import trends.
Pilgrim’s Pride (NASDAQ: PPC) gets full buyout pitch from JBS
JBS N.V. has submitted a non-binding proposal to acquire all outstanding common shares of Pilgrim’s Pride Corporation (PPC) not already owned by JBS or its affiliates. The proposal suggests an exchange ratio of 2.086 JBS Class A common shares for each PPC share, based on August 18, 2026 closing prices. Pilgrim's Pride's board plans to form a special committee to evaluate the offer, which JBS states is not subject to due diligence and does not require JBS shareholder approval.
JBS seeking total control of Pilgrim’s Pride Corp.
JBS SA has offered to acquire the remaining 18% of shares in poultry processor Pilgrim's Pride Corp. for $28.49 per share, totaling an implied valuation of $1.2 billion. JBS, which currently owns 82% of Pilgrim's Pride, also offered 2.086 JBS Class A common shares for each PPC share. This move aims to fully integrate Pilgrim's Pride, which JBS first acquired a majority stake in back in 2009.
Pilgrim’s Pride receives unsolicited proposal from majority owner for fixed-share exchange
Pilgrim's Pride (PPC) has received an unsolicited proposal from its majority stockholder, JBS, to acquire all remaining shares at a fixed exchange ratio of 2.086 JBS Class A shares per Pilgrim’s Pride share. The Pilgrim's Pride Board will establish a special committee of independent directors to evaluate this non-binding proposal. The proposed exchange ratio is based on the closing prices of JBS ($13.66) and Pilgrim’s Pride ($28.49) on August 18, 2026.
JBS makes latest bid for full acquisition of Pilgrim’s Pride
JBS has submitted a non-binding proposal to acquire the remaining 18% of shares in Pilgrim’s Pride Corp. that it does not already own. The offer includes $28.49 per share or 2.086 JBS Class A common shares for each Pilgrim's Pride share, matching the stock's closing price on August 18. JBS aims to further integrate Pilgrim's Pride into its global operations, emphasizing continuity for employees and partners through this acquisition.
Pilgrim’s Pride Special Committee to Evaluate JBS Offer
Pilgrim's Pride's board of directors will form a special committee to review an unsolicited offer from its majority owner, JBS, to buy out the remaining 18% of shares held by independent stockholders. This move would make Pilgrim's Pride a wholly owned subsidiary and delist it from the stock market. A similar offer in 2021 was rejected, with the current offer valued at approximately $28.50 per share.
JBS Offers $28.49 per Share for Pilgrim's Pride | Merger Proposal - News and Statistics
JBS has proposed to acquire the remaining 18% of Pilgrim's Pride Corp. (PPC) shares that it does not already own. The offer is for $28.49 per share, matching the closing price on August 18, or 2.086 JBS Class A common shares per PPC share. This move aims to allow PPC stockholders to benefit from JBS's larger and more diversified global business while ensuring continuity for employees, customers, and partners.
Last Bite: JBS Launches Bid for Last 18% of Pilgrim’s Pride Shares
JBS has launched a new bid to acquire the remaining 18% of Pilgrim's Pride Corp. shares it does not already own, offering 2.086 Class A common shares of JBS for each Pilgrim's Pride share. This attempt revives a similar failed bid from 2021, which was rejected by a special committee of shareholders who deemed the offer undervalued. Analysts believe the current "no-premium" offer, valued around $28.50 per share, is unlikely to be accepted by independent shareholders without a higher valuation.
JBS Proposes Acquiring Full Ownership of Pilgrim’s Pride
JBS has proposed to acquire the remaining 18% of Pilgrim’s Pride Corp. common stock that it does not currently own through a stock exchange offer. This non-binding proposal would delist Pilgrim's Pride if accepted and executed, valuing the minority stake at approximately $1.2 billion. JBS has held a majority stake in Pilgrim's Pride since 2009 and has made previous attempts to acquire full ownership in 2021 and 2022.
Pilgrim's Pride (NASDAQ:PPC) Shares Gap Up - Here's What Happened
Pilgrim's Pride (NASDAQ:PPC) shares gapped up before market open, rising from a previous close of $28.49 to an opening of $30.40, and last traded near $32.27 on significant volume. This surge occurred despite mixed analyst sentiment, with Barclays upgrading the stock to "overweight" while UBS and Bank of America lowered their price targets, resulting in an overall "Hold" consensus rating. The company's recent quarterly earnings of $0.64 EPS missed the $0.70 consensus estimate, and revenue declined 2.8% year-over-year to $4.63 billion.
JBS again proposes to acquire remaining Pilgrim's shares
JBS, which already owns 82% of Pilgrim's Pride Corp., has made a non-binding offer to acquire the remaining shares by exchanging 2.086 JBS Class A shares for each Pilgrim's Pride share. This proposal aims to simplify the organizational structure, eliminate public company costs, and provide Pilgrim's Pride shareholders with greater trading liquidity through JBS shares. This is JBS's second attempt to acquire the remaining shares in five years, following a withdrawn offer in 2021.
JBS seeks rest of Pilgrim’s Pride stake in $1.2 billion deal
JBS has offered to acquire the remaining 18% of Pilgrim’s Pride it doesn't already own in a stock deal valued at approximately $1.2 billion. This move aims to simplify JBS's organizational structure, improve capital allocation, and provide Pilgrim’s Pride shareholders access to JBS stock. The proposal requires review and approval by a Pilgrim’s Pride board committee.
JBS revisits bid to take control of Pilgrim’s Pride
Brazilian meatpacker JBS has submitted a non-binding proposal to acquire the remaining shares of its US majority-owned subsidiary, Pilgrim's Pride, four years after a previous attempt was abandoned. The offer values each Pilgrim's Pride share at $28.49 and would result in the company being delisted from Nasdaq. JBS, which currently owns about 82% of Pilgrim's Pride, states the acquisition would streamline its organizational structure and improve capital allocation.
JBS proposes to acquire remaining shares in Pilgrim’s Pride
JBS SA, the world's largest meatpacker, has proposed to acquire the remaining 18% of shares in Pilgrim's Pride Corp that it does not already own. The offer values each Pilgrim's Pride share at $28.49 and requires approval from Pilgrim's Pride's independent directors and minority shareholders. This move follows JBS's recent joint venture agreement with Indonesia's sovereign wealth fund and Pilgrim's Pride's acquisition of Walker's Deli & Sausage Company.
JBS Announces Proposal to Acquire Remaining Publicly Traded Shares of Pilgrim's Pride Corporation
JBS N.V. has submitted a non-binding proposal to acquire all outstanding shares of Pilgrim's Pride Corporation (PPC) not already owned by JBS or its affiliates. The proposal involves a fixed exchange ratio of 2.086 JBS Class A common shares for each PPC share. JBS currently owns approximately 82% of PPC's common stock and believes the acquisition will offer benefits such as continued participation in PPC's performance within a larger global platform, a simplified organizational structure, and access to greater trading liquidity.
JBS bid to buy out Pilgrim's Pride (NASDAQ: PPC) could end its Nasdaq listing
JBS N.V. has proposed acquiring all outstanding Pilgrim's Pride (PPC) common shares not already owned by JBS or its affiliates, offering 2.086 JBS Class A common shares for each PPC share. JBS currently owns 82.1% of PPC, and if the acquisition is successful, it could lead to PPC's delisting from the Nasdaq Global Select Market and deregistration. The proposal is non-binding and requires approval from an independent special committee and a majority-of-the-minority shareholder vote.
Pilgrim’s Europe to acquire deli, sausage company
Pilgrim's Europe, a division of Greeley-based Pilgrim's Pride Corp. (Nasdaq: PPC), has agreed to acquire Walkers Deli & Sausage Co. from Samworth Brothers. This acquisition, awaiting regulatory approval, will expand Pilgrim's European presence and capabilities in value-added food products. Walkers, a UK producer of premium pork products since 1824, operates four facilities and employs approximately 1,150 team members.
Can PPC's Walkers Deal Strengthen Its Premium Food Business?
Pilgrim's Pride Corporation (PPC) is acquiring Walkers Deli & Sausage Company from Samworth Brothers to expand its U.K. premium food footprint, particularly in value-added pork products. This acquisition aligns with PPC's strategy to diversify its European business, which has faced pressure from increased imports, and leverage its strong financial position. The success of the deal hinges on effective integration and its ability to boost European growth and profitability.
Pilgrim's Pride Corporation (NASDAQ:PPC) Receives Average Recommendation of "Hold" from Brokerages
Pilgrim's Pride Corporation (NASDAQ:PPC) has received an average rating of "Hold" from brokerages, with analysts issuing one sell, five hold, and two buy recommendations. The average 1-year target price among analysts is $36.50. The company recently reported earnings per share of $0.64, missing consensus estimates, and its revenue declined by 2.8% year-over-year.
Pilgrim’s Pride Buying UK Pork Processor for $192M
Pilgrim's Pride Corp. is set to acquire the UK-based Walker’s Deli & Sausage Company for approximately $192 million in a cash deal expected to close next month. This acquisition will strengthen Pilgrim's Pride's European platform and expand its capabilities in value-added food products. Walker's, a long-standing manufacturer of sausages, cooked meats, bacon, pâté, and snacks, is already a buyer of raw pork supplied by Pilgrim’s Europe.
Form 8K Pilgrims Pride Corp For: 17 August By Investing.com
This article reports on the filing of a Form 8K by Pilgrim's Pride Corporation (PPC) on August 17. The Form 8K is a mandatory filing by U.S. public companies to announce major events that shareholders should know about. The article itself provides minimal detail beyond the filing announcement.
Pilgrim's Pride to Acquire Walker's Deli & Sausage for £141.5 Million in UK Deal
Pilgrim's Pride has announced its acquisition of Walker's Deli & Sausage Company from Samworth Brothers for approximately £141.5 million in an all-cash deal. The acquisition aims to expand Pilgrim's Pride's UK value-added pork and deli portfolio. The closing is anticipated in September 2026, pending customary conditions including CMA approval and employee consultations.
Pilgrim’s Europe to Acquire Walkers Deli & Sausage Company
Pilgrim's Europe, a division of Pilgrim's Pride Corp., is set to acquire the UK's Walkers Deli & Sausage Co., pending approval. This acquisition will expand Pilgrim's Europe's presence in the UK and boost its value-added pork product offerings. Walkers, known for its premium pork products and employing about 1,150 people, will allow its current owner, Samworth Brothers, to focus on other growth opportunities.
Pilgrim's Europe to Acquire Walkers Deli & Sausage Company from Samworth Brothers
Pilgrim's Europe announced its agreement to acquire Walkers Deli & Sausage Company from Samworth Brothers, pending regulatory approval and employee consultation. This acquisition aims to strengthen Pilgrim's position in the UK food industry, particularly in premium pork products, and leverage an existing supply relationship. Walkers, known for its premium pork products since 1824, operates from Leicester and employs around 1,150 staff.
