SMITHFIELD FOODS, INC.
boothcheck covers SMITHFIELD FOODS, INC. (SFD) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed June 28, 2026.
• Smithfield is the largest U.S. pork processor, but its profit increasingly comes from branded Packaged Meats, which posted a 12.8% operating margin in Q1 2026 versus 3.9% for Fresh Pork, shifting the mix toward steadier, higher-margin earnings. • The defining risks are commodity and trade exposure, visible in the 4.3% Q1 decline in Fresh Pork profit from winter storms and lower China exports, plus the governance overhang of a controlling parent that holds most of the equity. • Watch the durabi
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241 institutional managers reported holding SFD in 13F filings for the quarter ended 2026-03-31. Together they hold about 12% of the company; the top 10 hold 5%. 69 opened new positions that quarter. Held by Two Sigma, FMR (Fidelity), Morgan Stanley, among others. On the short side, 5.5M shares were sold short as of the 2026-06-15 count, about 1% of shares outstanding (4.8 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
It pays a dividend, and has for 2 years running; the current rate is $1.00 a share annually. Cash returned over the past three years: $684.00M in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at SFD over the trailing three years: 2025: 18 buys totaling $108.43M. 18 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
SFD's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2025-03-26 | +0.5% | +16.1% |
| 2025-04-30 | +11.4% | +8.6% |
| 2025-08-13 | +1.2% | -15.6% |
| 2025-10-29 | +1.2% | +2.3% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
SFD's latest 8-K filings: 2026-08-11 (items 2.02, 9.01); 2026-06-03 (items 5.07); 2026-04-28 (items 2.02, 9.01); 2026-03-24 (items 2.02, 9.01); 2026-01-21 (items 1.01, 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 28, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.