Thrivent Financial for Lutherans Raises Stock Holdings in Federal Agricultural Mortgage Corporation $AGM

Posted by Brenda Bartman on May 16th, 2026

Thrivent Financial for Lutherans grew its stake in Federal Agricultural Mortgage Corporation (NYSE:AGM – Free Report) by 3.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 436,786 shares of the credit services provider’s stock after buying an additional 16,107 shares during the period. Thrivent Financial for Lutherans’ holdings in Federal Agricultural Mortgage were worth $76,686,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of AGM. Allworth Financial LP increased its position in Federal Agricultural Mortgage by 640.0% in the fourth quarter. Allworth Financial LP now owns 185 shares of the credit services provider’s stock worth $32,000 after buying an additional 160 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in Federal Agricultural Mortgage in the first quarter worth about $34,000. Farther Finance Advisors LLC increased its position in Federal Agricultural Mortgage by 53.6% in the fourth quarter. Farther Finance Advisors LLC now owns 212 shares of the credit services provider’s stock worth $37,000 after buying an additional 74 shares in the last quarter. Jones Financial Companies Lllp increased its position in Federal Agricultural Mortgage by 124.0% in the third quarter. Jones Financial Companies Lllp now owns 271 shares of the credit services provider’s stock worth $47,000 after buying an additional 150 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in Federal Agricultural Mortgage in the third quarter worth about $48,000. Hedge funds and other institutional investors own 68.03% of the company’s stock.

Federal Agricultural Mortgage Stock Performance

NYSE:AGM opened at $172.70 on Friday. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 1.93. Federal Agricultural Mortgage Corporation has a 12-month low of $136.57 and a 12-month high of $210.64. The stock has a 50-day moving average price of $160.72 and a 200 day moving average price of $167.18. The stock has a market capitalization of $1.87 billion, a P/E ratio of 9.94, a P/E/G ratio of 0.81 and a beta of 1.02.

Federal Agricultural Mortgage (NYSE:AGM – Get Free Report) last released its earnings results on Tuesday, May 5th. The credit services provider reported $4.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.44 by $0.30. Federal Agricultural Mortgage had a return on equity of 18.20% and a net margin of 20.78%.The firm had revenue of $109.13 million during the quarter, compared to analysts’ expectations of $110.76 million. Equities research analysts forecast that Federal Agricultural Mortgage Corporation will post 19.75 EPS for the current fiscal year.

Federal Agricultural Mortgage Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $1.60 per share. The ex-dividend date is Monday, June 15th. This represents a $6.40 annualized dividend and a dividend yield of 3.7%. Federal Agricultural Mortgage’s dividend payout ratio (DPR) is currently 36.82%.

Analyst Ratings Changes

A number of analysts have commented on AGM shares. Wall Street Zen upgraded Federal Agricultural Mortgage from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Keefe, Bruyette & Woods upped their price target on Federal Agricultural Mortgage from $215.00 to $228.00 and gave the stock an “outperform” rating in a research report on Tuesday. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Federal Agricultural Mortgage currently has a consensus rating of “Moderate Buy” and an average price target of $228.00.

Read Our Latest Stock Report on AGM

Federal Agricultural Mortgage Profile

(Free Report)

Federal Agricultural Mortgage Corporation (NYSE: AGM), commonly known as Farmer Mac, is a government-sponsored enterprise chartered in 1988 under the Agricultural Credit Act of 1987. Headquartered in Washington, DC, Farmer Mac was established to enhance the availability of mortgage credit for the agricultural and rural utility sectors. The corporation operates as a secondary market for agricultural real estate and rural infrastructure loans, providing lenders with liquidity and risk management solutions.

The company’s principal business activities include purchasing and securitizing long-term fixed-rate agricultural mortgage loans and rural utilities loans originated by approved lenders.