20 Stocks Insiders Were Buying In Q1 2025

3. Smithfield Foods, Inc. Common Stock (NASDAQ:SFD)

Market Cap: $7.95 billion

Number of insiders buying: 10

Smithfield Foods is a global food company and one of the world’s largest pork processors and hog producers. The Smithfield, Virginia-based company operates both domestically and internationally. Its Packaged Meats segment includes products like bacon, sausage, and hot dogs under brands such as Smithfield, Eckrich, and Nathan’s Famous, while its Fresh Pork segment processes live hogs into various pork cuts for retail, food service, and export markets. The company’s Hog Production segment raises hogs on both owned and contracted farms and also sells grains to external customers.

Smithfield Foods went public in January, and 10 insiders, including the CEO, and CFO, took part in its initial public offering by acquiring a total of $65.68 million worth of shares at a price of $20.00 per share. Since the offering, Smithfield Foods shares gained 2.43%, trading at $20.23 per share.

For the fiscal year 2024, the company disclosed net sales of $14.14 billion, compared to $14.64 billion in 2023. Operating profit was $1.12 billion, which compares to an operating loss of $56 million in the prior year. As of December 29, 2024, the company had $3.25 billion of available liquidity consisting of $943 million in cash and cash equivalents and $2,303 million of availability under its committed credit facilities. Smithfield Foods generated $916 million in cash flows from operating activities and ended the fiscal year 2024 with a net debt to Adjusted EBITDA ratio of 0.8x.

On March 24, the company’s board declared a quarterly cash dividend of $0.25 per share of common stock.

For the fiscal 2025, Smithfield Foods projects adjusted operating profit of between $1.10 billion to $1.30 billion and total sales to increase in the low-to-mid-single-digit percent range compared to fiscal year 2024.

In a recent development, the company announced it has been added to the Russell 1000 Index, a key benchmark for large-cap U.S. stocks.

Based on the estimates of five analysts, Smithfield Food stock has an average rating of “Strong Buy,” reports StockAnalysis. The 12-month price target is $28.60, reflecting a potential upside of 41.37% from the latest price.