SBI Okasan Asset Management Co.Ltd. Takes $675,000 Position in Archer Daniels Midland Company $ADM

SBI Okasan Asset Management Co.Ltd. acquired a new stake in Archer Daniels Midland Company (NYSE:ADM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,600 shares of the company’s stock, valued at approximately $675,000.

Other hedge funds also recently made changes to their positions in the company. AlphaQuest LLC acquired a new stake in shares of Archer Daniels Midland in the third quarter valued at approximately $1,332,000. NEOS Investment Management LLC increased its stake in shares of Archer Daniels Midland by 38.1% during the third quarter. NEOS Investment Management LLC now owns 66,313 shares of the company’s stock worth $3,962,000 after purchasing an additional 18,287 shares during the period. Allianz Asset Management GmbH increased its stake in shares of Archer Daniels Midland by 45.8% during the third quarter. Allianz Asset Management GmbH now owns 872,406 shares of the company’s stock worth $52,118,000 after purchasing an additional 273,930 shares during the period. Principal Financial Group Inc. increased its stake in shares of Archer Daniels Midland by 5.7% during the third quarter. Principal Financial Group Inc. now owns 609,302 shares of the company’s stock worth $36,400,000 after purchasing an additional 33,129 shares during the period. Finally, Convergence Investment Partners LLC bought a new position in shares of Archer Daniels Midland during the third quarter worth approximately $1,466,000. 78.28% of the stock is owned by institutional investors and hedge funds.

Archer Daniels Midland Trading Down 0.3%

Shares of ADM opened at $79.80 on Friday. Archer Daniels Midland Company has a 52-week low of $46.81 and a 52-week high of $83.10. The business’s fifty day moving average is $73.95 and its 200-day moving average is $67.17. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31. The firm has a market cap of $38.46 billion, a price-to-earnings ratio of 35.79 and a beta of 0.59.

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

Archer Daniels Midland Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be paid a $0.52 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.27%.

Insider Buying and Selling at Archer Daniels Midland

In related news, SVP Gregory A. Morris sold 50,000 shares of the firm’s 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 sale, the senior vice president owned 300,122 shares of the company’s stock, valued at $20,552,354.56. This trade represents a 14.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Ian R. Pinner sold 34,106 shares of the firm’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $71.53, for a total value of $2,439,602.18. Following the sale, the senior vice president directly owned 90,676 shares in the company, valued at approximately $6,486,054.28. This trade represents a 27.33% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

ADM has been the topic of a number of recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Monday, April 20th. Jefferies Financial Group increased their target price on Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research note on Monday, April 6th. Barclays increased their target price on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. increased their target price on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $63.00 target price on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Archer Daniels Midland has a consensus rating of “Hold” and an average target price of $74.50.

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.