Tounjian Advisory Partners LLC Invests $1.43 Million in Archer Daniels Midland Company $ADM

Tounjian Advisory Partners LLC purchased a new stake in Archer Daniels Midland Company (NYSE:ADM) during the third quarter, Holdings Channel reports. The institutional investor purchased 23,982 shares of the company’s stock, valued at approximately $1,433,000.

Several other hedge funds also recently bought and sold shares of ADM. Rafferty Asset Management LLC boosted its position in Archer Daniels Midland by 0.6% during the 3rd quarter. Rafferty Asset Management LLC now owns 40,951 shares of the company’s stock worth $2,446,000 after acquiring an additional 236 shares during the last quarter. Integrated Advisors Network LLC bought a new position in Archer Daniels Midland during the 3rd quarter worth $210,000. DNB Asset Management AS lifted its stake in shares of Archer Daniels Midland by 50.0% in the third quarter. DNB Asset Management AS now owns 181,368 shares of the company’s stock worth $10,835,000 after acquiring an additional 60,454 shares during the period. Choreo LLC increased its stake in shares of Archer Daniels Midland by 42.5% in the 3rd quarter. Choreo LLC now owns 16,942 shares of the company’s stock valued at $1,012,000 after acquiring an additional 5,049 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Archer Daniels Midland by 3.8% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,043,345 shares of the company’s stock worth $62,329,000 after acquiring an additional 37,763 shares during the period. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. 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. JPMorgan Chase & Co. lifted their price target on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a report on Wednesday, February 4th. Morgan Stanley downgraded shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $57.00 to $50.00 in a research report on Tuesday, December 16th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $63.00 price objective on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $58.00.

Archer Daniels Midland Stock Up 2.2%

ADM stock opened at $68.93 on Friday. The company has a market cap of $33.17 billion, a price-to-earnings ratio of 31.05, a P/E/G ratio of 0.90 and a beta of 0.71. Archer Daniels Midland Company has a fifty-two week low of $40.98 and a fifty-two week high of $70.09. The business’s 50-day moving average is $64.66 and its two-hundred day moving average is $61.94. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.83 and a current ratio of 1.37.

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 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 quarterly revenue was down 13.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.14 EPS. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. As a group, analysts forecast 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 declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be given a $0.52 dividend. This represents a $2.08 annualized dividend 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 dividend payout ratio is presently 93.69%.

Insiders Place Their Bets

In related news, Director David R. Mcatee II bought 7,500 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were bought at an average price of $64.90 per share, for a total transaction of $486,750.00. Following the completion of the purchase, the director directly owned 7,500 shares of the company’s stock, valued at approximately $486,750. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jennifer L. Weber sold 25,000 shares of the firm’s stock in a transaction dated 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 sale, the senior vice president owned 123,668 shares in the company, valued at $8,290,702.72. This represents a 16.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.20% of the company’s stock.

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.