Tudor Investment Corp ET AL Takes $1.18 Million Position in Jbs N.V. $JBS

Key Points

• Tudor Investment Corp bought a new stake in JBS of 79,256 shares valued at about $1.18 million in the third quarter.
• JBS ratified a two‑year deal ending the strike at its Greeley beef plant, which should restore production, but the contract reportedly includes wage increases of up to ~33%, raising labor costs and pressure on margins given the company's elevated leverage.
• JBS announced a tender offer to buy up to $1.2 billion of high‑coupon 2034/2035 notes, recently missed quarterly EPS ($0.39 vs $2.25 expected) with shares down ~3.2%, and declared a $1.00/share dividend payable June 17.

Tudor Investment Corp ET AL bought a new stake in Jbs N.V. (NYSE:JBS - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 79,256 shares of the company's stock, valued at approximately $1,183,000.

Several other institutional investors and hedge funds also recently made changes to their positions in JBS. EverSource Wealth Advisors LLC acquired a new position in shares of JBS in the second quarter valued at approximately $29,000. Quarry LP acquired a new position in shares of JBS in the third quarter valued at approximately $34,000. Jones Financial Companies Lllp grew its position in shares of JBS by 489.1% in the third quarter. Jones Financial Companies Lllp now owns 2,657 shares of the company's stock valued at $39,000 after purchasing an additional 2,206 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in shares of JBS in the third quarter valued at approximately $44,000. Finally, Parallel Advisors LLC acquired a new position in shares of JBS in the third quarter valued at approximately $61,000.

Key JBS News

Here are the key news stories impacting JBS this week:

• Positive Sentiment: Strike ended and operations stabilized — JBS ratified a two‑year agreement covering ~3,800 workers at its Greeley beef facility, which should restore production capacity, reduce disruption risk and support near‑term sales and supply continuity. Article Title
• Neutral Sentiment: Tender offer for high‑coupon notes — JBS USA Food Company Holdings announced pricing of a tender offer to buy up to $1.2B of its 6.75% notes due 2034 and 5.95% notes due 2035; this can trim outstanding debt or adjust maturities, but ultimate benefit depends on cash use, replacement financing and financing costs. Article Title
• Negative Sentiment: Significant wage increases raise cost pressure — reports indicate contract includes substantial pay bumps (widely reported as up to ~33%) with raises through 2027; higher labor expense will weigh on margins and free cash flow, an important consideration given JBS’s elevated leverage. Article Title Article Title

JBS Trading Down 3.2%

Shares of JBS stock opened at $17.74 on Tuesday. The company has a current ratio of 1.60, a quick ratio of 0.91 and a debt-to-equity ratio of 2.28. The stock has a market cap of $13.72 billion and a P/E ratio of 12.32. The stock has a 50 day simple moving average of $16.31 and a 200 day simple moving average of $14.86. Jbs N.V. has a 1 year low of $12.37 and a 1 year high of $18.65.

JBS (NYSE:JBS - Get Free Report) last issued its quarterly earnings results on Wednesday, March 25th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.25 by ($1.86). The company had revenue of $23.06 billion during the quarter. JBS's quarterly revenue was up 15.5% on a year-over-year basis.

JBS Dividend Announcement

The firm also recently announced a dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Monday, May 18th will be paid a dividend of $1.00 per share. The ex-dividend date is Monday, May 18th. JBS's dividend payout ratio is presently 69.44%.

Analyst Ratings Changes

JBS has been the subject of several recent research reports. UBS Group upgraded JBS to a "strong-buy" rating in a research note on Friday, February 6th. Zacks Research cut JBS from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 10th. Weiss Ratings upgraded JBS from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, February 4th. Finally, Barclays boosted their price target on JBS from $22.00 to $23.00 and gave the company an "overweight" rating in a research note on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $20.00.

JBS Company Profile

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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