Quantinno Capital Management LP grew its stake in Jbs N.V. (NYSE:JBS – Free Report) by 82.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,587 shares of the company’s stock after acquiring an additional 55,312 shares during the period. Quantinno Capital Management LP’s holdings in JBS were worth $2,202,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of JBS. Rhumbline Advisers bought a new stake in shares of JBS during the second quarter valued at approximately $203,000. Arrowstreet Capital Limited Partnership bought a new position in JBS in the second quarter worth approximately $5,490,000. EverSource Wealth Advisors LLC purchased a new position in JBS during the 2nd quarter worth $29,000. First Trust Advisors LP purchased a new position in JBS during the 2nd quarter worth $1,419,000. Finally, Marshall Wace LLP bought a new stake in JBS during the 2nd quarter valued at $5,206,000.
More JBS News
Here are the key news stories impacting JBS this week:
- Positive Sentiment: Revenue growth and strategic investment: JBS reported second-quarter revenue of $23.90 billion, up 13.8% year over year, exceeding revenue expectations. The company also reportedly reached a $3.54 billion deal with Indonesia’s sovereign wealth fund, potentially strengthening its capital base and expansion prospects. JBS Reports Second Quarter 2026 Results JBS Indonesia Deal
- Positive Sentiment: Preservation of U.S. jobs: JBS USA said a $30 million transition at its Souderton, Pennsylvania, value-added plant will preserve approximately 400 jobs, supporting the company’s local operating footprint and workforce relations. JBS USA Souderton Plant Transition
- Neutral Sentiment: CEO succession: JBS named Wesley Batista Filho, a member of the founding family, as its next chief executive. The appointment may preserve continuity and family influence, but investors could remain concerned about governance and succession risk as leadership returns to the Batista clan. JBS CEO Succession
- Negative Sentiment: Quarterly earnings miss: JBS substantially missed the $0.32-per-share consensus estimate. Reports described the quarter as a surprise loss, while another release cited EPS of $0.20; either way, profitability fell well short of expectations and prior-year earnings of $0.53 per share. The weak result, despite strong revenue growth, was the primary reason for the selloff. JBS Q2 Earnings Report
JBS Stock Performance
JBS (NYSE:JBS – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.12). JBS had a net margin of 1.98% and a return on equity of 19.28%. The firm had revenue of $23.90 billion during the quarter. The company’s revenue was up 13.8% compared to the same quarter last year. On average, equities analysts forecast that Jbs N.V. will post 1.46 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on JBS shares. Weiss Ratings cut JBS from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, July 29th. UBS Group set a $17.00 price target on JBS in a research note on Tuesday, May 19th. Barclays decreased their price objective on JBS from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Wall Street Zen raised shares of JBS from a “sell” rating to a “hold” rating in a research note on Sunday, August 2nd. Finally, JPMorgan Chase & Co. upgraded shares of JBS from a “neutral” rating to an “overweight” rating and set a $18.00 target price on the stock in a report on Tuesday, July 28th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $18.75.
Read Our Latest Stock Analysis on JBS
About JBS
JBS SA is a global leader in the production and processing of meat products, with a focus on beef, pork and poultry. Headquartered in São Paulo, Brazil, the company operates through an extensive network of owned facilities and partnerships that span the Americas, Europe and the Asia-Pacific region. JBS supplies fresh, frozen and value-added protein solutions for retail, foodservice and industrial customers, and is active across the entire supply chain—from livestock procurement and feed production to slaughtering, processing, packaging and distribution.
Founded in 1953 by José Batista Sobrinho in Anápolis, Goiás, JBS began as a small slaughterhouse and expanded rapidly through strategic acquisitions and organic growth.
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