Sanderson Farms, Inc., founded in 1947, is engaged in the production, processing, marketing and distribution of fresh and frozen chicken and other prepared food items. Employing more than 15,000 employees in operations spanning five states and 17 different cities, Sanderson Farms is the third largest poultry producer in the United States. As a company, Sanderson Farms is committed to adopting a fresh approach in everything that we do, not only where products are concerned, but companywide, as well. Though the company has grown in size, it still adheres to the same hometown values of honesty, integrity and innovation that were established when the Sanderson family founded the company back in 1947.
Company profile
Ticker
SAFM
Exchange
Website
CEO
Joe Sanderson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
640615843
SAFM stock data
News
Cargill and Continental Grain Complete Acquisition of Sanderson Farms
22 Jul 22
5 Value Stocks To Watch In The Consumer Defensive Sector
15 Jul 22
Benzinga's Top Ratings Upgrades, Downgrades For June 16, 2022
16 Jun 22
Consumer Edge Research Downgrades Sanderson Farms to Equal-Weight
16 Jun 22
Atlas Holdings Scoops Foster Farms For Undisclosed Terms
8 Jun 22
Calendar
27 May 22
16 Aug 22
31 Oct 22
Financial summary
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| Annual (USD) | Oct 21 | Oct 20 | Oct 19 | Oct 18 | |
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Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 22 Jul 22 | Banks Fred L JR | Common Stock | Sale back to company | Dispose D | No | No | 203 | 26,787 | 5.44M | 0 |
| 22 Jul 22 | Barksdale John David | Common Stock | Sale back to company | Dispose D | No | No | 203 | 4,786 | 971.56K | 0 |
| 22 Jul 22 | Bierbusse John | Common Stock | Sale back to company | Dispose D | No | No | 203 | 8,533 | 1.73M | 0 |
| 22 Jul 22 | Cooley Toni D | Common Stock | Sale back to company | Dispose D | No | No | 203 | 22,568 | 4.58M | 0 |
| 22 Jul 22 | Hogan Beverly W | Common Stock | Sale back to company | Dispose D | No | No | 203 | 17,856 | 3.62M | 0 |
Institutional ownership, Q1 2022
| 13F holders | Current |
|---|---|
| Total holders | 302 |
| Opened positions | 53 |
| Closed positions | 49 |
| Increased positions | 95 |
| Reduced positions | 103 |
| 13F shares | Current |
|---|---|
| Total value | 3.3B |
| Total shares | 17.64M |
| Total puts | 253.2K |
| Total calls | 82.3K |
| Total put/call ratio | 3.1 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 2.53M | $474M |
| Vanguard | 2.08M | $390.54M |
| Magnetar Financial | 786.78K | $147.51M |
| Dimensional Fund Advisors | 764.69K | $143.37M |
| STT State Street | 663.48K | $124.4M |
| Alpine Associates Management | 605.22K | $113.47M |
| Renaissance Technologies | 536.62K | $100.61M |
| Nuance Investments | 531.22K | $99.6M |
| Bill & Melinda Gates Foundation Trust | 524.24K | $98.29M |
| Sand Grove Capital Management | 506.88K | $95.04M |
Financial report summary
?Management Discussion
- Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
- This Quarterly Report, and other periodic reports filed by the Company under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and other written or oral statements made by it or on its behalf, may include forward-looking statements within the meaning of the "Safe Harbor" provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. These forward-looking statements are based on a number of assumptions about future events and are subject to various risks, uncertainties and other factors that may cause actual results to differ materially from the views, beliefs and estimates expressed in such statements. These risks, uncertainties and other factors include, but are not limited to, the risks described in the "Risk Factors" sections of our latest 10-K and 10-Q reports, and the following:
- (1)Changes in the market price for the Company’s finished products and feed grains, both of which may fluctuate substantially and exhibit cyclical characteristics typically associated with commodity markets.
Content analysis
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| Legalese | ||
| Litigous | ||
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H.S. sophomore Avg
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New words:
acreage, Agrarian, American, ammonia, annexation, Barring, blocked, cold, component, conflict, Conversely, coupled, Crimea, crop, disinfected, drought, energy, fertilizer, footprint, fraction, geopolitical, invasion, largest, Ministry, ninety, path, pheasant, phosphate, potash, pressure, processor, released, robust, Russia, sown, subside, theory, tight, Ukraine, Ukrainian, unwilling, upward, urea, war, wet, wheat
Removed:
declined, environment, fall, featuring, good, potentially, schedule, shortfall, summer
Financial reports
Current reports
8-K
Cargill and Continental Grain Complete
22 Jul 22
8-K
Other Events
29 Jun 22
8-K
Other Events
21 Dec 21
8-K
Other Events
27 Oct 21
8-K
Sanderson Farms Announces Retirement of Board Member Fred Banks
25 Oct 21
8-K
Sanderson Farms Stockholders Approve Combination with Cargill and Continental Grain Company
22 Oct 21
8-K
Other Events
15 Oct 21
8-K
Results of Operations and Financial Condition
26 Aug 21
8-K
Entry into a Material Definitive Agreement
9 Aug 21
8-K
Cargill and Continental Grain Company to Acquire Sanderson Farms for $203 per Share in Cash and Create a Leading U.S. Poultry Company
9 Aug 21
Registration and prospectus
15-12G
Securities registration termination
1 Aug 22
S-8 POS
Registration of securities for employees (post-effective amendment)
22 Jul 22
S-8 POS
Registration of securities for employees (post-effective amendment)
22 Jul 22
POSASR
Automatic shelf registration (post-effective amendment)
22 Jul 22
S-8 POS
Registration of securities for employees (post-effective amendment)
22 Jul 22
POS AM
Prospectus update (post-effective amendment)
22 Jul 22
S-8 POS
Registration of securities for employees (post-effective amendment)
22 Jul 22
POSASR
Automatic shelf registration (post-effective amendment)
22 Jul 22
S-8 POS
Registration of securities for employees (post-effective amendment)
22 Jul 22
POS AM
Prospectus update (post-effective amendment)
22 Jul 22
Proxies
DEFA14A
Additional proxy soliciting materials
15 Oct 21
DEFA14A
Additional proxy soliciting materials
13 Sep 21
DEFA14A
Additional proxy soliciting materials
13 Sep 21
DEFM14A
Proxy related to merger
13 Sep 21
PREM14A
Preliminary proxy related to merger
3 Sep 21
DEFA14A
Additional proxy soliciting materials
10 Aug 21
DEFA14A
Additional proxy soliciting materials
10 Aug 21
DEFA14A
Additional proxy soliciting materials
10 Aug 21
DEFA14A
Additional proxy soliciting materials
10 Aug 21
DEFA14A
Additional proxy soliciting materials
10 Aug 21
Other
EFFECT
Notice of effectiveness
26 Jul 22
EFFECT
Notice of effectiveness
26 Jul 22
UPLOAD
Letter from SEC
27 Apr 16
CORRESP
Correspondence with SEC
4 Apr 16
CORRESP
Correspondence with SEC
10 Mar 16
UPLOAD
Letter from SEC
7 Mar 16
UPLOAD
Letter from SEC
5 May 15
CORRESP
Correspondence with SEC
30 Apr 15
UPLOAD
Letter from SEC
19 Apr 15
UPLOAD
Letter from SEC
22 Feb 12
Ownership
4
SANDERSON FARMS / JOE F SANDERSON JR ownership change
26 Jul 22
4
SANDERSON FARMS / TIM RIGNEY ownership change
26 Jul 22
4
SANDERSON FARMS / JONES GAIL PITTMAN ownership change
26 Jul 22
4
SANDERSON FARMS / Sonia Perez ownership change
26 Jul 22
4
SANDERSON FARMS / Suzanne T Mestayer ownership change
26 Jul 22
4
SANDERSON FARMS / PHIL K LIVINGSTON ownership change
26 Jul 22
4
SANDERSON FARMS / GREEN EDITH KELLY ownership change
26 Jul 22
4
SANDERSON FARMS / BEVERLY W HOGAN ownership change
26 Jul 22
4
SANDERSON FARMS / Toni D Cooley ownership change
26 Jul 22
4
SANDERSON FARMS / D MICHAEL COCKRELL ownership change
26 Jul 22
Transcripts
2021 Q2
Earnings call transcript
27 May 21
2021 Q1
Earnings call transcript
26 Feb 21
2020 Q4
Earnings call transcript
17 Dec 20
2020 Q4
Earnings call transcript
17 Dec 20
2020 Q3
Earnings call transcript
27 Aug 20
2020 Q2
Earnings call transcript
28 May 20
2020 Q1
Earnings call transcript
27 Feb 20
2019 Q4
Earnings call transcript
19 Dec 19
2019 Q3
Earnings call transcript
29 Aug 19
2019 Q2
Earnings call transcript
30 May 19
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