3 Stocks That Bill Gates Owns in Size

Bill Gates, the fourth richest person in the world, is widely followed by the investor community in terms of investments made through his company Cascade Investment, LLC. The three stocks the company has in large numbers are Sanderson Farms (SAFM), FedEx (FDX), and United Parcel Service (UPS). So we think it would be worthwhile to look at these actions. Let’s talk.

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William Henry Gates III, popularly known as Bill Gates, is one of the most influential figures in the world. Gates is famous for being the co-founder of Microsoft Corporation (MSFT). He is also known for his philanthropic work through his private charity, The Bill & Melinda Gates Foundation.

According to the Bloomberg Billionaire Index, Gates is the fourth richest person in the world, with a net worth of $ 127 billion. In March 2020, he resigned from MSFT and Berkshire Hathaway Inc. (BRK-B) to focus on philanthropic activities that include education, climate change, global health, and development. Gates has a unique investment style. Its investments include real estate, private equity, bonds and listed shares. Michael Larson manages Gates Investments through asset management firm Cascade Investment. Cascade Investment has been working for the Wealth Foundation and Gates since 1995. The firm also makes venture capital investments.

Cascade Investments owns the largest farmland in the United States. On September 8, 2021, Four Seasons Hotels and Resorts announced that Cascade had agreed to acquire a controlling stake in the company. Berkshire Hathaway still dominates the portfolio, accounting for 43.8% at the close of the fourth quarter, but shares are mainly given to the foundation.

Bill Gates holds major shares in Sanderson Farms, Inc. (SAFM), FedEx Corporation (FDX) and United Parcel Service, Inc. (UPS). So we think it would be worthwhile to look at these actions.

Sanderson Farms, Inc. (SAFM)

SAFM is an integrated poultry processing company that processes, markets, and distributes fresh, frozen, and prepared chicken products in the United States. The Laurel, Mississippi-based company sells ice-packed, refrigerated, bulk and frozen chicken primarily under the Sanderson Farms brand.

On October 21, 2021, SAFM announced that its shareholders had approved an agreement for a joint venture between Cargill and Continental Grain to acquire SAFM for $ 203 per share. Cargill and Continental Grain will combine SAFM with Wayne Farms to form a new private poultry business once the transaction is complete. SAFM President and CEO Joe Sanderson said: “We believe this transaction will benefit our diverse stakeholders, including employees, poultry producers and customers, and we continue to focus on continuing to deliver products. and poultry services of the highest quality. “

SAFM’s net sales increased 45.9% year-on-year to $ 1.32 billion during the first quarter ended January 31, 2022. The company’s net income increased 1,934.2% year-on-year to 192 million. $ 80 million. In addition, its EPS stood at $ 8.64, an increase of 1,957.1% year-on-year.

Analysts expect SAFM’s EPA for the quarter ending April 30, 2022 to increase 75.6% year-on-year to $ 7.62. Its revenue for fiscal year 2022 is expected to increase 14.5% year-on-year to $ 5.5 billion. It exceeded street EPS estimates in each of the following four quarters. The shares gained 18.5% in price to close the last trading session at $ 189.25.

SAFM’s POWR ratings reflect a solid outlook. According to our proprietary rating system, it has an overall rating of A, which translates into a strong purchase. POWR ratings evaluate stocks by 118 different factors, each with its own weighting.

It has an A grade for Growth and Quality and a B grade for Value. It ranks No. 3 out of 87 shares in the B-rated food manufacturers industry. Click here for other SAFM ratings for momentum, stability, and sentiment.

FedEx Corporation (FDX)

FDX in Memphis, Tennessee, offers transportation, e-commerce and business services through companies that compete collectively and operate independently under the FedEx brand. The company’s segments include FedEx Express, FedEx Ground, FedEx Freight and FedEx Services.

On January 24, 2022, FDX and Microsoft Corp. (MSFT) announced the following solution as part of their multi-year collaboration to transform trade, supply chains and logistics. FDX President and CEO Raj Subramaniam said: “This next phase of our collaboration will continue to connect the unparalleled knowledge of the FedEx network supply chain with Microsoft Cloud to enhance e-commerce experiences for brands, retailers and consumers “.

For its third fiscal quarter, ending Feb. 28, 2022, FDX revenue rose 9.7% year-over-year to $ 23.6 billion. The company’s net non-GAAP revenue rose 29.6% year-over-year to $ 1.22 billion. In addition, its non-GAAP EPS reached $ 4.59, an increase of 32.2% year-on-year.

For the quarter ending May 31, 2022, the FDX EPA is expected to increase 36.5% year-over-year to $ 6.84. Its revenue for fiscal year 2022 is expected to increase 11.5% year-on-year to $ 93.630 billion. Over the past month, the stock price has dropped 12% to close the last trading session at $ 199.26.

FDX’s POWR ratings reflect solid prospects. The shares have an overall rating of A, which equates to a strong buy in our proprietary rating system.

It has a B grade for value, feeling and quality. Within the A-rated air transport and shipping services industry, it ranks first among 17 stocks. To see the other FDX ratings for growth, momentum and stability, click here.

United Parcel Service, Inc. (UPS)

UPS in Atlanta, GA., Is a package delivery company and global supply chain management solutions provider. Its segments include the US national package and the international package. Taken together, these segments are called global small package operations, which offer express letter delivery services, documents, packages, and palletized cargo through air and ground services.

On April 1, 2022, UPS announced that it was testing a four-wheeled “eQuad” electric charging bike for deliveries to densely occupied urban areas, where bicycles have better and easier access. UPS Vice President of Fleet Maintenance and Engineering Luke Wake said: “There are more and more opportunities for zero-emission solutions like this that can alleviate congestion inside the city. It can also help to make our operations more efficient at the same time. “

UPS’s total revenue increased 6.4% year-over-year to $ 24.37 billion during the first quarter ended March 31, 2022. The company’s adjusted total operating profit increased 12.1% year-on-year to $ 3.3 billion of dollars. In addition, its adjusted EPS stood at $ 3.05, an increase of 10.1% year-on-year.

Analysts expect the EPA and UPS revenue for the quarter ending September 30, 2022 to increase by 11.8% and 6.4%, respectively, year-on-year to 3.03 and 24.66 thousand millions of dollars. . Over the past year, the stock price has dropped 3.9% to close the last trading session at $ 186.40.

UPS’s solid fundamentals are reflected in its POWR ratings. The shares have an overall rating of B, equivalent to a purchase in our proprietary rating system.

It has a B rating of Quality. It ranks sixth in the airline and shipping services industry. Click here for other UPS ratings for growth, value, momentum, stability and sentiment.

SAFM shares remained unchanged in pre-market trading on Thursday. So far this year, SAFM has decreased by -0.72%, compared to an increase of -10.77% in the S&P 500 benchmark index over the same period.

About the author: Dipanjan Banchur

Since he was in elementary school, Dipanjan has been interested in the scholarship. This led him to a master’s degree in Finance and Accounting. Currently, as an investment analyst and financial journalist, Dipanjan has a keen interest in reading and analyzing emerging trends in financial markets.


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