Inceptionr LLC grew its position in shares of Archer Daniels Midland Company (NYSE:ADM – Free Report) by 34.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 24,835 shares of the company’s stock after buying an additional 6,378 shares during the quarter. Inceptionr LLC’s holdings in Archer Daniels Midland were worth $1,428,000 as of its most recent filing with the SEC.
A number of other large investors also recently bought and sold shares of the company. Mitchell Mcleod Pugh & Williams Inc. purchased a new position in Archer Daniels Midland during the 4th quarter worth $173,000. Zions Bancorporation National Association UT raised its position in Archer Daniels Midland by 10.5% during the 4th quarter. Zions Bancorporation National Association UT now owns 2,875 shares of the company’s stock worth $165,000 after buying an additional 273 shares during the last quarter. Illinois Municipal Retirement Fund raised its position in Archer Daniels Midland by 12.4% during the 4th quarter. Illinois Municipal Retirement Fund now owns 243,808 shares of the company’s stock worth $14,017,000 after buying an additional 26,943 shares during the last quarter. Metis Global Partners LLC grew its stake in shares of Archer Daniels Midland by 13.2% during the 4th quarter. Metis Global Partners LLC now owns 90,442 shares of the company’s stock worth $5,200,000 after purchasing an additional 10,580 shares during the period. Finally, Deutsche Bank AG grew its stake in shares of Archer Daniels Midland by 12.2% during the 4th quarter. Deutsche Bank AG now owns 1,609,162 shares of the company’s stock worth $92,511,000 after purchasing an additional 174,386 shares during the period. Hedge funds and other institutional investors own 78.28% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on the stock. Barclays upped their price target on shares of 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. Morgan Stanley upped their price target on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. UBS Group upped their price target on shares of Archer Daniels Midland from $70.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Jefferies Financial Group upped their price target on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research note on Monday, April 6th. Finally, JPMorgan Chase & Co. upped their price target on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $74.50.
Insider Buying and Selling
In related news, SVP Ian R. Pinner sold 34,106 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $6,486,054.28. This represents a 27.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.60% of the company’s stock.
Archer Daniels Midland Stock Performance
NYSE:ADM opened at $81.21 on Thursday. The stock has a market cap of $39.14 billion, a PE ratio of 36.42 and a beta of 0.60. Archer Daniels Midland Company has a fifty-two week low of $48.20 and a fifty-two week high of $85.37. The firm’s fifty day simple moving average is $75.82 and its 200-day simple moving average is $68.57. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28.
Archer Daniels Midland (NYSE:ADM – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The firm had revenue of $20.49 billion for the quarter, compared to analysts’ expectations of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The firm’s revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Analysts expect that Archer Daniels Midland Company will post 4.43 earnings per share for the current fiscal year.
Archer Daniels Midland Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio is presently 93.27%.
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.
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