Ontario Teachers Pension Plan Board Makes New Investment in Archer Daniels Midland Company $ADM

Ontario Teachers Pension Plan Board purchased a new stake in shares of Archer Daniels Midland Company (NYSE:ADMFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 60,510 shares of the company’s stock, valued at approximately $3,615,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in ADM. Trust Co. of Vermont boosted its stake in shares of Archer Daniels Midland by 367.0% during the 3rd quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock worth $30,000 after acquiring an additional 400 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new position in Archer Daniels Midland in the 2nd quarter worth $36,000. Evelyn Partners Investment Management Services Ltd purchased a new position in Archer Daniels Midland during the second quarter valued at $37,000. Vermillion & White Wealth Management Group LLC grew its holdings in 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 valued at $37,000 after purchasing an additional 265 shares during the period. Finally, Westpac Banking Corp increased its position in Archer Daniels Midland by 38.0% in the second quarter. Westpac Banking Corp now owns 733 shares of the company’s stock worth $39,000 after buying an additional 202 shares in the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Insider Transactions at Archer Daniels Midland

In other news, Director David R. Mcatee II bought 7,500 shares of the stock in a transaction dated Thursday, February 5th. The stock was purchased at an average cost of $64.90 per share, for a total transaction of $486,750.00. Following the transaction, the director owned 7,500 shares of the company’s stock, valued at $486,750. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. Morgan Stanley downgraded shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $57.00 to $50.00 in a report on Tuesday, December 16th. JPMorgan Chase & Co. increased their price objective on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the stock an “underweight” rating in a research note on Wednesday, February 4th. UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. Finally, BMO Capital Markets reaffirmed 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 investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Archer Daniels Midland currently has a consensus rating of “Reduce” and an average target price of $58.00.

Check Out Our Latest Research Report on ADM

Archer Daniels Midland Price Performance

Shares of NYSE:ADM opened at $67.40 on Thursday. The firm has a market cap of $32.39 billion, a price-to-earnings ratio of 30.36, a P/E/G ratio of 0.92 and a beta of 0.71. The firm has a fifty day moving average price of $63.41 and a 200 day moving average price of $61.45. Archer Daniels Midland Company has a fifty-two week low of $40.98 and a fifty-two week high of $70.09. 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 (NYSE:ADMGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $18.56 billion for the quarter, compared to the consensus estimate of $21.03 billion. During the same period in the previous year, the firm posted $1.14 EPS. Archer Daniels Midland’s revenue for the quarter was down 13.7% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. As a group, sell-side analysts expect that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be issued a dividend of $0.52 per share. The ex-dividend date is Tuesday, February 17th. This represents a $2.08 annualized dividend and a yield of 3.1%. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. Archer Daniels Midland’s dividend payout ratio (DPR) is 93.69%.

About Archer Daniels Midland

(Free Report)

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.

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Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

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