Gateway Investment Advisers LLC Acquires 15,624 Shares of Archer Daniels Midland Company $ADM

Gateway Investment Advisers LLC lifted its holdings in Archer Daniels Midland Company (NYSE:ADM) by 124.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,181 shares of the company’s stock after purchasing an additional 15,624 shares during the quarter. Gateway Investment Advisers LLC’s holdings in Archer Daniels Midland were worth $1,620,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. AlphaQuest LLC bought a new stake in shares of Archer Daniels Midland in the third quarter worth $1,332,000. Allstate Corp bought a new stake in shares of Archer Daniels Midland in the third quarter worth $1,044,000. Allianz Asset Management GmbH lifted its position in shares of Archer Daniels Midland by 45.8% in the third quarter. Allianz Asset Management GmbH now owns 872,406 shares of the company’s stock worth $52,118,000 after purchasing an additional 273,930 shares in the last quarter. NEOS Investment Management LLC lifted its position in shares of Archer Daniels Midland by 38.1% in the third quarter. NEOS Investment Management LLC now owns 66,313 shares of the company’s stock worth $3,962,000 after purchasing an additional 18,287 shares in the last quarter. Finally, Convergence Investment Partners LLC bought a new stake in shares of Archer Daniels Midland in the third quarter worth $1,466,000. Institutional investors own 78.28% of the company’s stock.

Insider Buying and Selling at Archer Daniels Midland

In other Archer Daniels Midland news, SVP Jennifer L. Weber sold 25,000 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $67.04, for a total value of $1,676,000.00. Following the transaction, the senior vice president directly owned 123,668 shares in the company, valued at $8,290,702.72. The trade was a 16.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Gregory A. Morris sold 50,000 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $68.48, for a total transaction of $3,424,000.00. Following the completion of the transaction, the senior vice president owned 300,122 shares in the company, valued at approximately $20,552,354.56. This represents a 14.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 109,106 shares of company stock worth $7,539,602 over the last ninety days. Insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ADM. Jefferies Financial Group upped their price target on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research report on Monday, April 6th. Barclays upped their price target on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Wall Street Zen raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday. JPMorgan Chase & Co. upped their price target on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research report on Wednesday. Finally, UBS Group upped their price target on shares of Archer Daniels Midland from $70.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Archer Daniels Midland presently has an average rating of “Hold” and a consensus price target of $74.50.

Archer Daniels Midland Stock Performance

NYSE ADM opened at $77.70 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.83 and a debt-to-equity ratio of 0.28. The firm’s fifty day moving average price is $70.72 and its two-hundred day moving average price is $65.09. Archer Daniels Midland Company has a 1 year low of $46.81 and a 1 year high of $81.75. The firm has a market capitalization of $37.45 billion, a P/E ratio of 34.84 and a beta of 0.59.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.66 by $0.05. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The firm had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $21.35 billion. During the same period in the previous year, the company earned $0.70 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, research analysts anticipate that Archer Daniels Midland Company will post 4.49 EPS for the current year.

Archer Daniels Midland Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be issued a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Wednesday, May 20th. Archer Daniels Midland’s payout ratio is currently 93.27%.

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.