15 Highest-Priced Stocks Right Now

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5. Seaboard Corporation (NYSE:SEB)

Share Price on February 14: $2,927.00

Seaboard Corporation (NYSE:SEB) is an agricultural and ocean transportation company. It enjoys a global presence through a network of integrated service-oriented companies. SEB has approximately 12,000 employees worldwide and boasts robust annual net sales of over $9 billion. It has a market cap of $2.84 billion and is part of an elite list of the highest-priced stocks right now, with its share price rising by over 20% year-to-date.

The company’s main businesses include Seaboard Foods, which produces premium pork products; Seaboard Marine, a shipping service between the U.S., the Caribbean, and Central and South America; and Commodity Trading and Milling (CT&M), a grain processing and trading unit. It also has other businesses related to sugar, turkey, and power production.

On February 13, Seaboard Corporation (NYSE:SEB) announced financial results for the fourth quarter of fiscal 2024. It posted a revenue of $2.48 billion during the period, up nearly 9% from last year. Net earnings attributed to Seaboard stood at $154 million, improving from $64 million for Q4 2023. On a per-share basis, the company’s earnings were logged at $158.58.

Seaboard Corporation (NYSE:SEB) reaffirmed its commitment to shareholder returns by announcing a cash dividend of $2.25 per share, to be paid on March 6, 2025, to all shareholders on record at the close of day on February 24.

Impressive financial results in Q4 and the declaration of a quarterly dividend are likely to further add to the company’s appeal among investors. According to Insider Monkey’s database for Q3 2024, 17 hedge funds held a stake in Seaboard Corporation (NYSE:SEB).

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