Pelican Bay Capital Management Bets on Zoetis (ZTS) to Capitalize on Expanding Pet Care Market

1 hour ago 2

Soumya Eswaran

Fri, February 6, 2026 astatine 7:57 AM CST 3 min read

Pelican Bay Capital Management (PBCM), an concern absorption company, released its fourth-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. PBCM Concentrated Value Strategy returned 8.5% successful the quarter, compared to a 3.8% instrumentality for the Russell 1000 Value Index. The robust show of AI-related stocks and commodities vulnerability drove the Strategy’s show successful the quarter. For the afloat year, the Strategy returned 20.6% compared to 15.9% for the Index. The steadfast seeks to put successful high-quality companies with a beardown equilibrium sheet. Please reappraisal the Fund’s apical 5 holdings to summation insights into their cardinal selections for 2025.

In its fourth-quarter 2025 capitalist letter, PBCM highlighted Zoetis Inc. (NYSE:ZTS) arsenic a caller addition. Zoetis Inc. (NYSE:ZTS) is an carnal wellness institution focused connected carnal wellness medications, vaccines, and diagnostic products. On February 4, 2026, Zoetis Inc. (NYSE:ZTS) banal closed astatine $126.73 per share. Zoetis Inc. (NYSE:ZTS) delivered a -0.35% instrumentality successful the past month, and its shares are down 26.07% implicit the past 12 months. Zoetis Inc. (NYSE:ZTS) has a marketplace capitalization of astir $56.165 billion.

PBCM stated the pursuing regarding Zoetis Inc. (NYSE:ZTS) successful its 4th fourth 2025 capitalist letter:

"We initiated caller positions successful 3 large companies including AECOM (ACM), FactSet Research (FDS), and Zoetis Inc. (NYSE:ZTS). Zoetis is the starring Pharmaceutical and Vaccine Developer successful the Animal Health market. The planetary carnal wellness marketplace was astir $50 cardinal past twelvemonth and is anticipated to maturation 5-6% per twelvemonth for the adjacent decennary fueled by secular tailwinds successful companion carnal growth. This maturation is driven by pets surviving longer and an expanding acceptance of medicines and vaccines by favored owners.