Seaboard Corporation (SEB)

Seaboard Corp.'s stock has experienced significant positive momentum in the past six months, with its price increasing by 50.73% and even 80% over the past year. This was due to strong earnings reports in Q2 and Q3 2025, a share repurchase program announced in May 2025, improved pork segment performance, marine segment expansion through the integration of five new vessels, commodity trading and milling segment growth driven by higher volumes of commodities sold, and regular quarterly cash dividend declarations.

Seaboard's operations are heavily commodity-driven, leading to high volatility in market prices and a cyclical nature of financial performance. The pork market is cyclical, influenced by market prices, production costs, and hog availability. The CT&M segment's profitability is susceptible to commodity price fluctuations. The marine segment experiences peak season shipping for time-sensitive commodities, increasing demand for refrigerated cargo containers. The turkey segment is impacted by market prices for turkey products and feed costs. The sugar and alcohol segment's production depends on market conditions. Electricity demand in the Dominican Republic is projected to increase.

Seaboard Corp. is a diversified international agribusiness and transportation company headquartered in Merriam, Kansas, operating across various sectors, primarily in agricultural, energy, and ocean transport businesses worldwide. The company's business model is highly integrated, particularly within its pork segment, allowing for efficiency, quality control, and traceability from "farm-to-table." Its major products and services are categorized into pork production and processing, commodity trading and milling, marine cargo shipping services, liquid fuels production, power generation, turkey production through an equity method investment in Butterball, and other activities like jalapeño pepper processing and sugar and alcohol production.

Seaboard Corporation operates in over 45 countries, with a significant presence in the United States, the Caribbean, Central and South America, and Africa. In the United States, it is involved in hog production and pork processing, poultry production and processing, ocean transportation, commodity merchandising, and liquid fuels production. In the Caribbean and Central/South America, it provides cargo shipping services, electric power generation, and sugar and alcohol production. In Africa, the company is involved in commodity trading and grain processing.

Specific events significantly impacting Seaboard Corp.'s brand reputation have not been prominently reported. However, there were mentions of "allegations" against Seaboard as a risk factor, though no specific details were provided. The company's operations are subject to risks related to maintaining animal health and controlling diseases, which could harm its brand reputation if issues were to materialize. Seaboard emphasizes adherence to principles of fairness and ethical conduct and is committed to high standards of personal and professional conduct, focusing on sustainability and efficiency.

Seaboard Corporation's ownership is a mix of institutional, retail, and individual investors. Approximately 16.82% to 22.90% of the company's stock is owned by institutional investors. Insiders hold a significant portion, with approximately 73.50% of the stock held by insiders, including the founding Bresky family, which owns more than 50% of the corporation. Approximately 83.18% of the stock is owned by public companies and individual investors.