Heritage Investors Management Corp Sells 8,263 Shares of Archer Daniels Midland Company $ADM

Heritage Investors Management Corp reduced its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 5.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 142,359 shares of the company’s stock after selling 8,263 shares during the period. Heritage Investors Management Corp’s holdings in Archer Daniels Midland were worth $8,184,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Global Retirement Partners LLC grew its position in shares of Archer Daniels Midland by 95.8% during the 4th quarter. Global Retirement Partners LLC now owns 6,501 shares of the company’s stock worth $374,000 after buying an additional 3,180 shares during the period. Twin Capital Management Inc. grew its position in shares of Archer Daniels Midland by 3.0% during the 4th quarter. Twin Capital Management Inc. now owns 26,185 shares of the company’s stock worth $1,505,000 after buying an additional 764 shares during the period. Mach 1 Financial Group LLC acquired a new stake in shares of Archer Daniels Midland during the 4th quarter worth approximately $227,000. Hi Line Capital Management LLC grew its position in shares of Archer Daniels Midland by 6.1% during the 4th quarter. Hi Line Capital Management LLC now owns 50,646 shares of the company’s stock worth $2,912,000 after buying an additional 2,891 shares during the period. Finally, Sierra Summit Advisors LLC grew its position in shares of Archer Daniels Midland by 39.5% during the 4th quarter. Sierra Summit Advisors LLC now owns 32,465 shares of the company’s stock worth $1,866,000 after buying an additional 9,188 shares during the period. 78.28% of the stock is currently owned by institutional investors.

Archer Daniels Midland Trading Down 0.5%

NYSE ADM opened at $77.18 on Friday. The firm has a market capitalization of $37.20 billion, a P/E ratio of 34.61 and a beta of 0.59. The business has a fifty day simple moving average of $73.08 and a 200 day simple moving average of $66.36. Archer Daniels Midland Company has a 12 month low of $46.81 and a 12 month high of $83.10. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $20.49 billion during the quarter, compared to analyst estimates of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.Archer Daniels Midland’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, analysts predict that Archer Daniels Midland Company will post 4.43 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio is 93.27%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Monday, April 20th. BMO Capital Markets reaffirmed a “market perform” rating and set a $63.00 target price on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. Barclays upped their target price on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Morgan Stanley upped their target price on Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 6th. Finally, UBS Group upped their target price on Archer Daniels Midland from $70.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $74.50.

Insiders Place Their Bets

In other news, SVP Gregory A. Morris sold 50,000 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $68.48, for a total transaction of $3,424,000.00. Following the completion of the transaction, the senior vice president owned 300,122 shares in the company, valued at approximately $20,552,354.56. This represents a 14.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Ian R. Pinner sold 34,106 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $71.53, for a total value of $2,439,602.18. Following the transaction, the senior vice president owned 90,676 shares of the company’s stock, valued at $6,486,054.28. The trade was a 27.33% decrease in their position. The SEC filing for this sale provides additional information. 0.60% 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.