Insider Selling: Archer Daniels Midland (NYSE:ADM) SVP Sells $2,439,602.18 in Stock

Archer Daniels Midland Company (NYSE:ADM) SVP Ian Pinner sold 34,106 shares of the company’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $71.53, for a total value of $2,439,602.18. Following the transaction, the senior vice president directly owned 90,676 shares in the company, valued at approximately $6,486,054.28. The trade was a 27.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Archer Daniels Midland Price Performance

NYSE ADM opened at $68.58 on Friday. Archer Daniels Midland Company has a one year low of $40.98 and a one year high of $73.72. The stock has a 50-day moving average of $67.76 and a 200 day moving average of $62.76. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.83 and a current ratio of 1.37. The company has a market capitalization of $33.00 billion, a price-to-earnings ratio of 30.89, a PEG ratio of 0.89 and a beta of 0.68.

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

Archer Daniels Midland Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were 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 was Tuesday, February 17th. Archer Daniels Midland’s payout ratio is currently 93.69%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ADM. BMO Capital Markets reaffirmed a “market perform” rating and issued a $63.00 target price on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a report on Wednesday, January 21st. Morgan Stanley cut Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $57.00 to $50.00 in a research report on Tuesday, December 16th. Finally, JPMorgan Chase & Co. increased their target price on Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a report on Wednesday, February 4th. One 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.com, the stock currently has an average rating of “Reduce” and a consensus target price of $58.00.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Toth Financial Advisory Corp bought a new stake in shares of Archer Daniels Midland during the fourth quarter valued at approximately $25,000. Motiv8 Investments LLC bought a new position in shares of Archer Daniels Midland during the fourth quarter worth $26,000. Sankala Group LLC bought a new position in shares of Archer Daniels Midland during the fourth quarter worth $28,000. Nalls Sherbakoff Group LLC purchased a new position in Archer Daniels Midland during the fourth quarter valued at $29,000. Finally, Trust Co. of Vermont increased its holdings 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 acquiring an additional 400 shares during the last quarter. 78.28% of the stock is currently owned by institutional investors.

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.