Skylands Capital LLC Sells 16,235 Shares of Archer Daniels Midland Company $ADM

Skylands Capital LLC cut its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 33.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,040 shares of the company’s stock after selling 16,235 shares during the period. Skylands Capital LLC’s holdings in Archer Daniels Midland were worth $1,914,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Robeco Institutional Asset Management B.V. boosted its stake in Archer Daniels Midland by 193.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 557,621 shares of the company’s stock worth $33,312,000 after buying an additional 367,293 shares in the last quarter. AlphaQuest LLC purchased a new position in shares of Archer Daniels Midland during the third quarter worth approximately $1,332,000. Allstate Corp bought a new stake in shares of Archer Daniels Midland in the 3rd quarter worth approximately $1,044,000. Allianz Asset Management GmbH boosted its stake in shares of Archer Daniels Midland by 45.8% in the 3rd quarter. Allianz Asset Management GmbH now owns 872,406 shares of the company’s stock valued at $52,118,000 after purchasing an additional 273,930 shares in the last quarter. Finally, Convergence Investment Partners LLC bought a new position in shares of Archer Daniels Midland during the 3rd quarter valued at $1,466,000. Institutional investors own 78.28% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on ADM shares. Zacks Research raised shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a report on Wednesday, January 21st. 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. UBS Group reiterated a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $63.00 target price on shares of Archer Daniels Midland in a report on Wednesday, February 4th. One 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’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $57.00.

Archer Daniels Midland Price Performance

Shares of ADM stock opened at $68.59 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.92 and a current ratio of 11.20. Archer Daniels Midland Company has a fifty-two week low of $40.98 and a fifty-two week high of $69.75. The firm has a market cap of $32.96 billion, a P/E ratio of 30.90, a P/E/G ratio of 0.90 and a beta of 0.71. The business’s 50 day moving average price is $62.18 and its 200-day moving average price is $60.88.

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

Archer Daniels Midland Increases Dividend

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

Insider Activity

In related news, Director David R. Mcatee II acquired 7,500 shares of the stock in a transaction on Thursday, February 5th. The stock was acquired 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 of the company’s stock, valued at approximately $486,750. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.70% of the stock is owned by corporate insiders.

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.