Royal Fund Management LLC Has $1.61 Million Position in Archer Daniels Midland Company $ADM

Royal Fund Management LLC cut its holdings in Archer Daniels Midland Company (NYSE:ADM) by 31.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,938 shares of the company’s stock after selling 12,704 shares during the quarter. Royal Fund Management LLC’s holdings in Archer Daniels Midland were worth $1,606,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in ADM. Woodline Partners LP raised its stake in shares of Archer Daniels Midland by 40.8% in the first quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock worth $1,941,000 after acquiring an additional 11,715 shares during the last quarter. Choreo LLC grew its stake in shares of Archer Daniels Midland by 20.0% during the second quarter. Choreo LLC now owns 11,893 shares of the company’s stock valued at $628,000 after purchasing an additional 1,979 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Archer Daniels Midland during the second quarter valued at approximately $36,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Archer Daniels Midland by 229.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 93,385 shares of the company’s stock valued at $4,929,000 after purchasing an additional 65,027 shares in the last quarter. Finally, Mackenzie Financial Corp raised its position in Archer Daniels Midland by 24.5% in the 2nd quarter. Mackenzie Financial Corp now owns 69,086 shares of the company’s stock worth $3,646,000 after purchasing an additional 13,592 shares during the last quarter. 78.28% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director David R. Mcatee II purchased 7,500 shares of the stock in a transaction dated Thursday, February 5th. The stock was bought at an average cost of $64.90 per share, with a total value 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 is available at this link. Also, SVP Gregory A. Morris sold 50,000 shares of the stock in a transaction that occurred 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 sale, the senior vice president owned 300,122 shares in the company, valued at $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. Over the last three months, insiders sold 109,106 shares of company stock worth $7,539,602. Corporate insiders own 0.70% of the company’s stock.

Archer Daniels Midland Price Performance

Shares of ADM stock opened at $72.56 on Wednesday. The firm’s 50 day moving average price is $68.79 and its two-hundred day moving average price is $63.26. 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 Company has a 52-week low of $40.98 and a 52-week high of $74.19. The stock has a market cap of $34.97 billion, a PE ratio of 32.69, a PEG ratio of 0.88 and a beta of 0.68.

Archer Daniels Midland (NYSE:ADM) last issued its earnings results on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.80 by $0.07. The company had revenue of $18.56 billion during 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 revenue for the quarter was down 13.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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 EPS for the current year.

Archer Daniels Midland Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were issued a $0.52 dividend. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio is currently 93.69%.

Analyst Ratings Changes

A number of brokerages have commented on ADM. Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. Barclays upped their price target on Archer Daniels Midland from $61.00 to $68.00 and gave the company an “equal weight” rating in a research note on Thursday, February 19th. JPMorgan Chase & Co. lifted their price objective on Archer Daniels Midland from $61.00 to $65.00 and gave the stock an “underweight” rating in a research report on Tuesday, March 24th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a report on Wednesday, January 21st. One research 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 MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $58.57.

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.