Caption Management 13F: Adds $659K to AGM Stake

Caption Management has increased its stake in Federal Agricultural Mortgage Corporation (NYSE:AGM) by 32.9%, according to its latest SEC filing. The fund added 3,290 shares, bringing its total holdings to 13,289 shares, valued at approximately $2.46 million. This update reflects the fund's position as of the end of the reporting period.

What Changed in Caption Management's Federal Agricultural Mortgage Position

Caption Management boosted its investment in Federal Agricultural Mortgage by 3,290 shares, marking a 32.9% increase from its previous holding of 9,999 shares. The total value of Caption Management's stake in the company is now about $2.46 million.

Other Institutional Activity in Federal Agricultural Mortgage

Several other institutional investors also adjusted their holdings in Federal Agricultural Mortgage. BlackRock, Inc. added 23,865 shares, ending with 737,476 shares worth around $109.4 million, a 3.3% increase. Thrivent Financial for Lutherans increased its stake by 2,283 shares to 439,069, valued at $65.1 million, a 0.5% rise. Vanguard Capital Management LLC opened a new position with 396,966 shares valued at approximately $58.9 million. Dimensional Fund Advisors LP grew its position by 23,228 shares, holding 395,276 shares worth about $58.6 million, a 6.2% increase. Principal Financial Group Inc added 39,702 shares, bringing its total to 351,330 shares valued at $52.1 million, a 12.7% increase.

Federal Agricultural Mortgage Corporation Stock Down 9.3%

Shares of Federal Agricultural Mortgage traded near $185.05 on Tuesday. The company has a market cap of approximately $1.99 billion and a P/E ratio of 10.55. Its forward P/E stands at 8.57, with a beta of 1.03. The stock's 52-week range is between $136.57 and $210.64, with a 50-day moving average of $175.18 and a 200-day moving average of $170.16.

Recent Earnings

Federal Agricultural Mortgage reported revenues of $385.3 million, reflecting a growth of 14.2%. The company's net margin was 56.29%, with a return on equity of 13.38%. The next earnings release is scheduled for August 6, 2026.

Dividend

Federal Agricultural Mortgage offers an annual dividend rate of $6.20, yielding 3.38%. The dividend payout ratio is 35.14%.

Insider Buying and Selling at Federal Agricultural Mortgage Corporation

Recent insider transactions include purchases by Dale Crawford and Lyle Logan, each acquiring 386 shares on May 14, 2026. On March 31, 2026, Jeffrey Plagge and Robert Sexton also bought 56 shares each at $148.35. Brian Brinch, EVP and Chief Risk Officer, sold 476 shares at $144.36 on the same day, as did President and COO Zachary Carpenter, who sold 1,323 shares.

Analysts Set New Price Targets

On May 12, 2026, Keefe, Bruyette & Woods maintained their 'buy' rating on the stock with a price target of $228. The consensus among analysts is a buy recommendation, with a mean target price of $219.67 based on three opinions.

About Federal Agricultural Mortgage Corporation

Federal Agricultural Mortgage Corporation, also known as Farmer Mac, provides a secondary market for agricultural loans in the United States. Based in Washington, DC, and led by CEO Bradford Todd Nordholm, the company operates in sectors like farm and ranch finance, corporate agribusiness, and renewable energy. With around 212 employees, Farmer Mac supports rural infrastructure and energy projects through various loan and security products.

Bottom Line

Caption Management's recent boost in its stake in Federal Agricultural Mortgage underscores its confidence in the company's prospects. While 13F filings are backward-looking, they offer insight into institutional sentiment. Investors often track these filings to understand institutional trends and potential future moves.