First Trust Advisors LP Sells 1,561,296 Shares of Archer Daniels Midland Company $ADM

First Trust Advisors LP decreased its holdings in Archer Daniels Midland Company (NYSE:ADM) by 59.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,057,644 shares of the company’s stock after selling 1,561,296 shares during the period. First Trust Advisors LP’s holdings in Archer Daniels Midland were worth $63,184,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in ADM. Woodline Partners LP boosted its position in Archer Daniels Midland by 40.8% in the 1st quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock valued at $1,941,000 after buying an additional 11,715 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Archer Daniels Midland by 18.1% during the second quarter. Envestnet Asset Management Inc. now owns 101,348 shares of the company’s stock worth $5,349,000 after acquiring an additional 15,552 shares during the period. Savant Capital LLC raised its stake in shares of Archer Daniels Midland by 19.4% during the second quarter. Savant Capital LLC now owns 15,210 shares of the company’s stock valued at $803,000 after acquiring an additional 2,475 shares in the last quarter. Aviva PLC boosted its holdings in shares of Archer Daniels Midland by 6.5% in the second quarter. Aviva PLC now owns 360,197 shares of the company’s stock valued at $19,011,000 after purchasing an additional 22,016 shares during the period. Finally, Midwest Trust Co purchased a new stake in shares of Archer Daniels Midland in the second quarter valued at approximately $204,000. 78.28% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Archer Daniels Midland

In other news, Director David R. Mcatee II acquired 7,500 shares of Archer Daniels Midland stock in a transaction that occurred on Thursday, February 5th. The stock was purchased at an average price of $64.90 per share, for a total transaction of $486,750.00. Following the purchase, the director directly owned 7,500 shares in the company, valued at $486,750. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Jennifer L. Weber sold 25,000 shares of the stock in a transaction that occurred on 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 sale, the senior vice president directly owned 123,668 shares of the company’s stock, valued at $8,290,702.72. The trade was a 16.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.70% of the stock is currently owned by company insiders.

Archer Daniels Midland Stock Up 2.3%

Shares of NYSE ADM opened at $69.47 on Wednesday. Archer Daniels Midland Company has a 12-month low of $40.98 and a 12-month high of $70.48. The stock’s fifty day simple moving average is $66.08 and its two-hundred day simple moving average is $62.35. The stock has a market capitalization of $33.43 billion, a PE ratio of 31.29, a price-to-earnings-growth ratio of 0.91 and a beta of 0.68. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 0.29.

Archer Daniels Midland (NYSE:ADM) last released 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. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The firm had revenue of $18.56 billion during the quarter, compared to analyst estimates of $21.03 billion. During the same period in the previous year, the company posted $1.14 EPS. The business’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, analysts expect that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 annualized dividend and a dividend yield of 3.0%. Archer Daniels Midland’s payout ratio is currently 93.69%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a report on Monday, December 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $63.00 price objective on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. Finally, Morgan Stanley cut shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $57.00 to $50.00 in a report on Tuesday, December 16th. 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 stock. Based on data from MarketBeat, Archer Daniels Midland has a consensus rating of “Reduce” and a consensus price target of $58.00.

Archer Daniels Midland 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.