Munich Reinsurance Co Stock Corp in Munich Acquires Shares of 1,025,938 Archer Daniels Midland Company $ADM

Munich Reinsurance Co Stock Corp in Munich bought a new position in shares of Archer Daniels Midland Company (NYSE:ADM) in the third quarter, HoldingsChannel reports. The institutional investor bought 1,025,938 shares of the company’s stock, valued at approximately $61,290,000. Archer Daniels Midland makes up about 1.5% of Munich Reinsurance Co Stock Corp in Munich’s holdings, making the stock its 22nd biggest holding.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Trust Co. of Vermont grew its stake in Archer Daniels Midland by 367.0% in the 3rd quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock valued at $30,000 after buying an additional 400 shares during the last quarter. Hager Investment Management Services LLC lifted its position in Archer Daniels Midland by 113.6% during the third quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock worth $32,000 after acquiring an additional 284 shares during the last quarter. Caldwell Trust Co boosted its holdings in shares of Archer Daniels Midland by 44.7% during 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 period. Elevation Point Wealth Partners LLC acquired a new position in shares of Archer Daniels Midland in the second quarter valued at approximately $36,000. Finally, Vermillion & White Wealth Management Group LLC increased its stake in shares of Archer Daniels Midland by 61.2% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 698 shares of the company’s stock worth $37,000 after purchasing an additional 265 shares during the period. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Price Performance

Archer Daniels Midland stock opened at $67.41 on Friday. The firm has a market cap of $32.44 billion, a PE ratio of 30.37, a price-to-earnings-growth ratio of 0.89 and a beta of 0.68. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.83. The stock’s fifty day moving average price is $65.66 and its two-hundred day moving average price is $62.23. Archer Daniels Midland Company has a one year low of $40.98 and a one year high of $70.48.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.07. The firm had revenue of $18.56 billion during the quarter, compared to the consensus estimate of $21.03 billion. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The company’s revenue was down 13.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.14 EPS. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. As a group, research analysts expect 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. Investors of record on Tuesday, February 17th will be given a dividend of $0.52 per share. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.69%.

Insider Transactions at Archer Daniels Midland

In other news, Director David R. Mcatee II bought 7,500 shares of the firm’s stock in a transaction on Thursday, February 5th. The shares were purchased at an average cost of $64.90 per share, with a total value of $486,750.00. Following the acquisition, the director directly owned 7,500 shares in the company, valued at $486,750. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jennifer L. Weber sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $67.04, for a total transaction of $1,676,000.00. Following the completion of the transaction, the senior vice president owned 123,668 shares of the company’s stock, valued at $8,290,702.72. The trade was a 16.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on ADM shares. Barclays lifted their price target on Archer Daniels Midland from $61.00 to $68.00 and gave the stock an “equal weight” rating in a report on Thursday, February 19th. Morgan Stanley cut Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and lowered their price objective for the stock from $57.00 to $50.00 in a research report on Tuesday, December 16th. BMO Capital Markets reissued a “market perform” rating and set a $63.00 target price on shares of Archer Daniels Midland in a report on Wednesday, February 4th. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. Finally, Zacks Research raised shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $58.00.

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.