David Mcatee II Buys 7,500 Shares of Archer Daniels Midland (NYSE:ADM) Stock

Archer Daniels Midland Company (NYSE:ADM) Director David Mcatee II purchased 7,500 shares of Archer Daniels Midland stock in a transaction that occurred on Thursday, February 5th. The stock was acquired at an average price of $64.90 per share, for a total transaction of $486,750.00. Following the transaction, the director directly owned 7,500 shares of the company’s stock, valued at $486,750. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Archer Daniels Midland Stock Performance

Archer Daniels Midland stock opened at $68.59 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 11.20 and a debt-to-equity ratio of 0.33. Archer Daniels Midland Company has a twelve month low of $40.98 and a twelve month high of $69.75. The company’s 50-day moving average price is $62.18 and its 200-day moving average price is $60.88. The company has a market cap of $32.96 billion, a PE ratio of 30.90, a price-to-earnings-growth ratio of 0.90 and a beta of 0.71.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.80 by $0.07. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The company had revenue of $18.56 billion during the quarter, compared to analyst estimates of $21.03 billion. During the same quarter last year, the business posted $1.14 earnings per share. The firm’s revenue was down 13.7% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. On average, equities research analysts forecast that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 3.0%. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.51. The ex-dividend date is Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 91.89%.

Institutional Investors Weigh In On Archer Daniels Midland

Several hedge funds have recently made changes to their positions in ADM. Dodge & Cox lifted its position in Archer Daniels Midland by 130.1% during the third quarter. Dodge & Cox now owns 15,068,544 shares of the company’s stock valued at $900,195,000 after acquiring an additional 8,518,920 shares during the last quarter. Norges Bank purchased a new stake in shares of Archer Daniels Midland during the 4th quarter valued at $402,743,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Archer Daniels Midland by 3,379.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,761,397 shares of the company’s stock worth $316,525,000 after purchasing an additional 5,595,801 shares in the last quarter. Pacer Advisors Inc. grew its stake in Archer Daniels Midland by 8,609.3% during the 3rd quarter. Pacer Advisors Inc. now owns 4,405,427 shares of the company’s stock worth $263,180,000 after buying an additional 4,354,844 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its position in Archer Daniels Midland by 176.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,967,471 shares of the company’s stock valued at $117,537,000 after buying an additional 1,256,596 shares in the last quarter. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ADM. BMO Capital Markets reissued a “market perform” rating and issued a $63.00 price objective on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. Morgan Stanley cut Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and cut their target price for the company from $57.00 to $50.00 in a research note on Tuesday, December 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. Zacks Research raised Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Finally, JPMorgan Chase & Co. lifted their target price on Archer Daniels Midland from $60.00 to $61.00 and gave the stock an “underweight” rating in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Archer Daniels Midland has a consensus rating of “Reduce” and a consensus target price of $57.00.

About Archer Daniels Midland

Archer Daniels Midland Company (ADM) is a global agricultural processor and food-ingredient provider that sources, transports and processes oilseeds, corn, wheat and other agricultural commodities. The company operates large-scale crushing, refining and processing facilities that produce vegetable oils, protein meals, corn sweeteners, starches, ethanol, animal feeds and a wide range of food and industrial ingredients. ADM also develops specialty ingredients and solutions for human and animal nutrition, food and beverage formulation, and industrial applications such as bio-based materials and renewable fuels.

ADM’s business combines commodity origination and merchandising with downstream manufacturing and ingredient formulation.