State of New Jersey Common Pension Fund D Has $9.93 Million Stake in Archer Daniels Midland Company $ADM

State of New Jersey Common Pension Fund D lifted its holdings in Archer Daniels Midland Company (NYSE:ADM) by 5.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 166,173 shares of the company’s stock after acquiring an additional 8,735 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Archer Daniels Midland were worth $9,927,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Centennial Wealth Advisory LLC increased its stake in shares of Archer Daniels Midland by 1.5% in the third quarter. Centennial Wealth Advisory LLC now owns 12,696 shares of the company’s stock valued at $758,000 after buying an additional 184 shares in the last quarter. Rothschild Investment LLC increased its position in Archer Daniels Midland by 9.7% in the 2nd quarter. Rothschild Investment LLC now owns 2,232 shares of the company’s stock valued at $118,000 after acquiring an additional 198 shares in the last quarter. Caldwell Trust Co raised its stake in shares of Archer Daniels Midland by 44.7% in the third quarter. Caldwell Trust Co now owns 647 shares of the company’s stock worth $39,000 after acquiring an additional 200 shares during the last quarter. Westpac Banking Corp lifted its position in shares of Archer Daniels Midland by 38.0% during the second quarter. Westpac Banking Corp now owns 733 shares of the company’s stock worth $39,000 after purchasing an additional 202 shares in the last quarter. Finally, G&S Capital LLC grew its stake in shares of Archer Daniels Midland by 1.7% during the third quarter. G&S Capital LLC now owns 13,287 shares of the company’s stock valued at $794,000 after purchasing an additional 216 shares during the last quarter. 78.28% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Archer Daniels Midland

In other news, Director David R. Mcatee II purchased 7,500 shares of the business’s stock in a transaction dated Thursday, February 5th. The shares were bought at an average cost of $64.90 per share, for a total transaction of $486,750.00. Following the completion of the acquisition, the director directly owned 7,500 shares in the company, valued at approximately $486,750. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.70% of the company’s stock.

Archer Daniels Midland Trading Down 1.5%

NYSE ADM opened at $68.48 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 11.20 and a quick ratio of 0.92. The stock’s 50-day moving average is $63.22 and its 200-day moving average is $61.40. Archer Daniels Midland Company has a one year low of $40.98 and a one year high of $70.09. The firm has a market cap of $32.91 billion, a P/E ratio of 30.85, a P/E/G ratio of 0.93 and a beta of 0.71.

Archer Daniels Midland (NYSE:ADM) last announced its 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 net margin of 1.34% and a return on equity of 7.39%. The firm had revenue of $18.56 billion for the quarter, compared to the consensus estimate of $21.03 billion. During the same period last year, the company posted $1.14 EPS. The business’s quarterly 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. Sell-side analysts anticipate that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, February 17th. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 91.89%.

Analyst Ratings Changes

Several research firms recently weighed in on ADM. BMO Capital Markets restated 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 downgraded Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $57.00 to $50.00 in a research report on Tuesday, December 16th. JPMorgan Chase & Co. raised their price target on Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a report on Wednesday, February 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a report on Wednesday, January 21st. Finally, UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Archer Daniels Midland presently has a consensus rating of “Reduce” and an average target price of $57.00.

Archer Daniels Midland Company Profile

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.