Seaboard Corporation Reports Q2 Earnings, Declares Dividend

Seaboard Corporation reported Q2 net sales of $2.48 bln, up from $2.21 bln YoY. Operating income increased to $52 mln from $30 mln YoY. Net earnings attributable to Seaboard rose to $102 mln from $61 mln YoY. The company's board declared a quarterly cash dividend of $2.25 per share, payable on August 18, 2025.

Seaboard Corporation (NYSE American: SEB) has reported robust financial performance for the second quarter of 2025. The company's net sales surged to $2.48 billion, marking a significant year-over-year (YoY) increase of 12.2% from $2.21 billion in Q2 2024. This growth was driven by improvements across multiple segments, including Pork, Commodity Trading and Milling (CT&M), Marine, Sugar and Alcohol, Power, and Turkey.

Operating income also showed substantial improvement, reaching $52 million compared to $30 million in the same period last year. This increase reflects enhanced operational efficiencies and strategic initiatives implemented by the company.

Net earnings attributable to Seaboard Corporation climbed to $102 million, a significant YoY increase of 66.9% from $61 million in Q2 2024. This strong performance was supported by higher revenue and improved cost management. Earnings per share (EPS) grew to $105.22 from $62.82 year-over-year.

The company's Board of Directors declared a quarterly cash dividend of $2.25 per share, payable on August 18, 2025, to stockholders of record as of August 8, 2025. This dividend represents a 9.93% payout ratio and an annualized dividend of $9.00 per share, with a dividend yield of 0.29% [1].

Institutional investors, including hedge funds and pension funds, have shown interest in Seaboard Corporation's stock. New York State Common Retirement Fund, for instance, reduced its stake in SEB by 33.3% during the first quarter, but still owns 0.10% of the company's stock worth $2,489,000 [2]. Other notable investors, such as M&T Bank Corp, Millennium Management LLC, Nisa Investment Advisors LLC, The Manufacturers Life Insurance Company, and GAMMA Investing LLC, have also made significant changes to their positions in SEB.

Seaboard Corporation's stock performance has been positive, with the stock opening at $3,054.42 on Wednesday. The stock has a 52-week low of $2,365.00 and a 52-week high of $3,300.00. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.46, and a current ratio of 2.52. The stock has a market cap of $2.96 billion, a P/E ratio of 30.27, and a beta of 0.15. The firm has a 50-day simple moving average of $2,802.80 and a 200-day simple moving average of $2,653.95 [2].

Additionally, Seaboard Corporation has initiated a stock repurchase program, authorizing the company to repurchase $100.00 million in outstanding shares. This move indicates that the company's management believes its stock is undervalued [1].

References:
[1] https://www.stocktitan.net/news/SEB/seaboard-corporation-report-of-earnings-and-dividend-vta7qhomzhqz.html
[2] https://www.marketbeat.com/instant-alerts/filing-seaboard-corporation-nyseamericanseb-stake-lowered-by-new-york-state-common-retirement-fund-2025-07-23/