By Brazil Stock Guide – JBS has been included in FTSE Russell’s preliminary list of additions to the Russell 3000 Index, a move expected by market participants to place the Brazilian-founded meatpacker on track for inclusion in the Russell 1000 when the index provider completes its June reconstitution.
The company appears in the preliminary Russell 3000 additions list as JBS NV1, under the ticker JBS, and classified in the consumer staples sector, according to FTSE Russell documents released on May 22. The final composition of the Russell U.S. indexes is still subject to updates before the reconstituted portfolios take effect after the U.S. market close on June 26.
FTSE Russell’s 2026 reconstitution calendar shows preliminary lists published on May 22, with updates scheduled for May 29, June 5, June 12 and June 18. The new index memberships are due to become effective after the close of trading on June 26.
The expected move into the Russell 1000 would matter because the index is widely tracked by passive funds, ETFs and benchmark-driven institutional investors. The Russell 3000 is designed to cover about 3,000 U.S. stocks and roughly 98% of the investable U.S. equity market, while the Russell 1000 captures the larger-cap segment of that universe.
For JBS, the inclusion would add another layer to its international capital-markets push. The company began trading on the NYSE in June 2025 under the ticker JBS, completing a dual-listing structure that left Brazilian investors with access through B3-listed BDRs under JBSS32. JBS said at the time that the U.S. listing was intended to broaden its investor base and better align its capital structure with its global footprint.
The index move also comes after a weaker first quarter. JBS, the world’s largest meatpacker, reported a 56% drop in net profit to $221 million in the January-March period, while adjusted EBITDA fell 26% to $1.13 billion, as tight cattle supply and operational issues weighed on North American margins. Net sales still rose 11% to $21.61 billion, supported in part by stronger performance in Brazil.
JBS shares last traded at $13.21 on the New York Stock Exchange, down 0.5% from the previous close, with intraday volume of about 7.3 million shares.
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