Munich Reinsurance Co Stock Corp in Munich Makes New $61.29 Million Investment in Archer Daniels Midland Company $ADM

Munich Reinsurance Co Stock Corp in Munich purchased a new stake in Archer Daniels Midland Company (NYSE:ADM) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,025,938 shares of the company’s stock, valued at approximately $61,290,000. Archer Daniels Midland accounts for approximately 1.5% of Munich Reinsurance Co Stock Corp in Munich’s holdings, making the stock its 22nd biggest holding. Munich Reinsurance Co Stock Corp in Munich owned 0.21% of Archer Daniels Midland at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in ADM. Robeco Institutional Asset Management B.V. increased its holdings in Archer Daniels Midland by 193.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 557,621 shares of the company’s stock worth $33,312,000 after purchasing an additional 367,293 shares in the last quarter. AlphaQuest LLC bought a new stake in shares of Archer Daniels Midland in the third quarter valued at about $1,332,000. Allstate Corp bought a new stake in shares of Archer Daniels Midland in the third quarter valued at about $1,044,000. Allianz Asset Management GmbH boosted its position 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 buying an additional 273,930 shares during the period. Finally, Convergence Investment Partners LLC bought a new position in shares of Archer Daniels Midland during the third quarter worth about $1,466,000. Institutional investors own 78.28% of the company’s stock.

Insider Transactions at Archer Daniels Midland

In other Archer Daniels Midland news, SVP Jennifer L. Weber sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $67.04, for a total transaction of $1,676,000.00. Following the transaction, the senior vice president owned 123,668 shares of the company’s stock, valued at $8,290,702.72. The trade was a 16.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David R. Mcatee II acquired 7,500 shares of the company’s stock in a transaction on Thursday, February 5th. The stock was acquired at an average price of $64.90 per share, for a total transaction of $486,750.00. Following the purchase, the director directly owned 7,500 shares of the company’s stock, valued at approximately $486,750. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.20% of the stock is currently owned by corporate insiders.

Archer Daniels Midland Stock Up 1.3%

NYSE:ADM opened at $67.41 on Friday. Archer Daniels Midland Company has a twelve month low of $40.98 and a twelve month high of $70.48. The firm has a market capitalization of $32.44 billion, a price-to-earnings ratio of 30.37, a price-to-earnings-growth ratio of 0.89 and a beta of 0.68. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 0.29. The stock’s 50 day moving average price is $65.66 and its two-hundred day moving average price is $62.23.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.07. The business had revenue of $18.56 billion during the quarter, compared to analysts’ expectations of $21.03 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.39%. The firm’s revenue was down 13.7% on a year-over-year basis. During the same period last year, the business earned $1.14 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. Equities research 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 company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.52 per share. The ex-dividend date is Tuesday, February 17th. This represents a $2.08 annualized dividend and a dividend yield of 3.1%. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.69%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Barclays boosted their target price on Archer Daniels Midland from $61.00 to $68.00 and gave the company an “equal weight” rating in a research note on Thursday, February 19th. Morgan Stanley downgraded shares of 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 report on Tuesday, December 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. JPMorgan Chase & Co. raised their target price on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a research report on Wednesday, February 4th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $63.00 price target on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $58.00.

Archer Daniels Midland 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.