Archer Daniels Midland (NYSE:ADM) SVP Jennifer Weber Sells 25,000 Shares

Archer Daniels Midland Company (NYSE:ADM) SVP Jennifer Weber sold 25,000 shares of Archer Daniels Midland stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $67.04, for a total transaction of $1,676,000.00. Following the completion of the sale, the senior vice president owned 123,668 shares of the company’s stock, valued at $8,290,702.72. This trade represents a 16.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Archer Daniels Midland Stock Down 0.8%

Shares of Archer Daniels Midland stock traded down $0.53 during midday trading on Friday, reaching $68.34. 301,977 shares of the company’s stock traded hands, compared to its average volume of 3,861,167. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.92 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 $70.09. The company’s 50 day simple moving average is $63.59 and its 200 day simple moving average is $61.50. The company has a market cap of $32.88 billion, a price-to-earnings ratio of 30.81, a price-to-earnings-growth ratio of 0.90 and a beta of 0.71.

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

Archer Daniels Midland Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This is an increase 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%. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.69%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. UBS Group reaffirmed a “buy” rating on shares of Archer Daniels Midland in a report on Monday, December 15th. JPMorgan Chase & Co. lifted their target price on Archer Daniels Midland from $60.00 to $61.00 and gave the stock an “underweight” rating in a research report on Wednesday, February 4th. Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. BMO Capital Markets reiterated a “market perform” rating and issued a $63.00 price objective on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. Finally, Morgan Stanley cut Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $57.00 to $50.00 in a research report on Tuesday, December 16th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $58.00.

Hedge Funds Weigh In On Archer Daniels Midland

A number of hedge funds have recently modified their holdings of ADM. Vanguard Group Inc. boosted its stake in Archer Daniels Midland by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 59,180,117 shares of the company’s stock valued at $3,402,265,000 after buying an additional 536,265 shares in the last quarter. State Street Corp boosted its stake in shares of Archer Daniels Midland by 0.7% in the 2nd quarter. State Street Corp now owns 34,617,404 shares of the company’s stock valued at $1,827,107,000 after purchasing an additional 223,716 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Archer Daniels Midland by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 18,829,140 shares of the company’s stock worth $1,082,487,000 after purchasing an additional 449,815 shares during the last quarter. Dodge & Cox increased its position in shares of Archer Daniels Midland by 13.4% during the 4th quarter. Dodge & Cox now owns 17,084,645 shares of the company’s stock worth $982,196,000 after purchasing an additional 2,016,101 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Archer Daniels Midland by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 12,628,065 shares of the company’s stock valued at $723,175,000 after purchasing an additional 109,556 shares during the last quarter. 78.28% of the stock is owned by institutional investors and hedge funds.

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.