<div id="readability-page-1"><p>Advisors Preferred LLC bought a new stake in  Pilgrim's Pride Corporation (NASDAQ:PPC - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 45,054 shares of the company's stock, valued at approximately $1,858,000.</p><div><p><span></span><span>Get <strong>Pilgrim's Pride</strong> alerts:</span></p></div><ul><li>Seize the Opportunity: Beyond Meat’s New Steak Could Spark Growth</li></ul><p>Other hedge funds have also recently added to or reduced their stakes in the company. True Wealth Design LLC increased its holdings in  Pilgrim's Pride by 1,248.5% in the third quarter. True Wealth Design LLC now owns 917 shares of the company's stock valued at $37,000 after buying an additional 849 shares in the last quarter.  Abich Financial Wealth Management LLC purchased a new stake in shares of  Pilgrim's Pride during the 3rd quarter worth about $41,000.  Caitong International Asset Management Co. Ltd grew its position in shares of  Pilgrim's Pride by 117.5% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 1,231 shares of the company's stock valued at $55,000 after acquiring an additional 665 shares during the period.  Quent Capital LLC acquired a new stake in shares of  Pilgrim's Pride during the 3rd quarter valued at about $55,000.  Finally, Cullen Frost Bankers Inc. increased its stake in shares of  Pilgrim's Pride by 18.2% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 1,566 shares of the company's stock valued at $70,000 after purchasing an additional 241 shares in the last quarter. 16.64% of the stock is owned by hedge funds and other institutional investors. </p><h2>Pilgrim's Pride Price Performance</h2><p>Pilgrim's Pride stock opened at $41.74 on Friday. The company has a current ratio of 1.47, a quick ratio of 0.76 and a debt-to-equity ratio of 0.84. The company has a 50-day moving average price of $41.21 and a 200 day moving average price of $41.08. Pilgrim's Pride Corporation has a 12-month low of $35.73 and a 12-month high of $56.88. The stock has a market cap of $9.92 billion, a P/E ratio of 9.19 and a beta of 0.43. </p><ul><li>Beyond Meat Forecast: Is There Any Hope Left for This Stock?</li></ul><p>Pilgrim's Pride (NASDAQ:PPC - Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.64 earnings per share 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 business had revenue of $4.52 billion for the quarter, compared to analysts' expectations of $4.39 billion. During the same quarter in the prior year, the company posted $1.35 earnings per share. The business's revenue for the quarter was up 3.3% compared to the same quarter last year.  Sell-side analysts anticipate that  Pilgrim's Pride Corporation will post 5.13 earnings per share for the current year. </p><h2>Wall Street Analyst Weigh In</h2><p>PPC has been the topic of several research analyst reports. BMO Capital Markets raised their price objective on Pilgrim's Pride from $40.00 to $42.00 and gave the company a &#34;market perform&#34; rating in a report on Friday, February 13th. Zacks Research lowered Pilgrim's Pride from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research report on Wednesday, February 11th. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Pilgrim's Pride in a report on Monday, December 29th. Santander upgraded shares of Pilgrim's Pride from a &#34;neutral&#34; rating to an &#34;outperform&#34; rating in a research report on Thursday, December 11th. Finally, Barclays decreased their price objective on shares of Pilgrim's Pride from $49.00 to $45.00 and set an &#34;equal weight&#34; rating on the stock in a report on Tuesday, December 9th. One research analyst  has rated the stock with a Buy rating, four have given a Hold rating and one  has issued  a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of &#34;Hold&#34; and a consensus target price of $44.33.</p><ul><li>Analysts Agree, This Could Be Tyson Stock’s Comeback Year</li></ul><p><b>View Our Latest Research Report on Pilgrim's Pride</b></p><h2>Pilgrim's Pride Company Profile</h2> (Free Report)<p>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.  </p><p>The company's vertically integrated operations encompass breeding, hatching, feed milling, processing plants and cold storage facilities.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Pilgrim's Pride</li><li>~$1.5T SpaceX IPO: Pre-IPO Opportunity</li><li>Gold $5,000: The 2026 Gold &amp; Silver Summit is LIVE March 4</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>This makes me furious</li><li>Elon Musk: This Could Turn $100 into $100,000</li></ul><p><strong>Want to see what other hedge funds are holding PPC?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pilgrim's Pride Corporation (NASDAQ:PPC - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UFBD?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UFBD"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Pilgrim's Pride Right Now?</h2><p>Before you consider Pilgrim's Pride, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pilgrim's Pride wasn't on the list.</p><p>While Pilgrim's Pride currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Advisors Preferred LLC has invested approximately $1.86 million in Pilgrim's Pride Corporation by acquiring 45,054 shares in the third quarter. Other hedge funds have also adjusted their stakes in the company, with True Wealth Design LLC increasing its holdings by 1,248.5%. Pilgrim's Pride's stock opened at $41.74, with a market cap of $9.92 billion and a P/E ratio of 9.19. The company reported $4.52 billion in revenue for the last quarter, exceeding expectations, but earnings per share missed estimates. Analysts have mixed ratings on the stock, with an average rating of "Hold."</p>

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Pilgrims Pride

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VanEck Agribusiness ETF

First Trust NASDAQ Food & Beverage

Advisors Preferred LLC Invests $1.86 Million in Pilgrim's Pride Corporation $PPC