23,982 Shares in Archer Daniels Midland Company $ADM Acquired by Tounjian Advisory Partners LLC

Tounjian Advisory Partners LLC acquired a new stake in Archer Daniels Midland Company (NYSE:ADM) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 23,982 shares of the company’s stock, valued at approximately $1,433,000.

A number of other hedge funds have also bought and sold shares of the business. Woodline Partners LP grew its stake in Archer Daniels Midland by 40.8% during the first quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock valued at $1,941,000 after acquiring an additional 11,715 shares in the last quarter. Brighton Jones LLC bought a new position in Archer Daniels Midland in the 2nd quarter worth about $205,000. Envestnet Asset Management Inc. grew its stake in shares of Archer Daniels Midland by 18.1% in 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. Bessemer Group Inc. increased its holdings in Archer Daniels Midland by 34.1% in the 2nd quarter. Bessemer Group Inc. now owns 14,704 shares of the company’s stock valued at $775,000 after acquiring an additional 3,741 shares during the last quarter. Finally, Teacher Retirement System of Texas increased its position in Archer Daniels Midland by 4.2% during the second quarter. Teacher Retirement System of Texas now owns 72,907 shares of the company’s stock valued at $3,848,000 after acquiring an additional 2,952 shares during the last quarter. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Archer Daniels Midland Price Performance

Shares of ADM opened at $68.93 on Friday. The company has a market cap of $33.17 billion, a P/E ratio of 31.05, a PEG ratio of 0.90 and a beta of 0.71. The stock has a fifty day moving average price of $64.66 and a 200 day moving average price of $61.94. Archer Daniels Midland Company has a 12 month low of $40.98 and a 12 month high of $70.09. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.83.

Archer Daniels Midland (NYSE:ADM) last issued its earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.07. The business had revenue of $18.56 billion for the quarter, compared to analysts’ expectations of $21.03 billion. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The company’s quarterly revenue was down 13.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.14 EPS. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. On average, research analysts forecast that Archer Daniels Midland Company will post 4.31 earnings per share for the current year.

Archer Daniels Midland Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be 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 3.0%. The ex-dividend date is Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio is currently 93.69%.

Insider Buying and Selling at Archer Daniels Midland

In related news, Director David R. Mcatee II bought 7,500 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were bought at an average cost of $64.90 per share, for a total transaction of $486,750.00. Following the completion of the acquisition, the director directly owned 7,500 shares in the company, valued at approximately $486,750. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jennifer L. Weber sold 25,000 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $67.04, for a total value of $1,676,000.00. Following the sale, the senior vice president owned 123,668 shares of the company’s stock, valued at approximately $8,290,702.72. This trade represents a 16.82% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ADM. UBS Group reiterated a “buy” rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. JPMorgan Chase & Co. boosted their target price on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the stock an “underweight” rating in a research note on Wednesday, February 4th. Barclays raised their price objective on Archer Daniels Midland from $61.00 to $68.00 and gave the company an “equal weight” rating in a report on Thursday, February 19th. BMO Capital Markets reissued a “market perform” rating and issued a $63.00 target price on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. Finally, Morgan Stanley lowered shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from $57.00 to $50.00 in a report on Tuesday, December 16th. One analyst has rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $58.00.

About Archer Daniels Midland

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.