Crossmark Global Holdings Inc. Grows Holdings in Archer Daniels Midland Company $ADM

Crossmark Global Holdings Inc. boosted its position in Archer Daniels Midland Company (NYSE:ADM) by 131.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 62,542 shares of the company’s stock after acquiring an additional 35,518 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Archer Daniels Midland were worth $3,736,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of ADM. Centennial Wealth Advisory LLC raised its holdings in shares of Archer Daniels Midland by 1.5% during the third quarter. Centennial Wealth Advisory LLC now owns 12,696 shares of the company’s stock worth $758,000 after acquiring an additional 184 shares during the period. Rothschild Investment LLC boosted its stake in Archer Daniels Midland by 9.7% in the 2nd quarter. Rothschild Investment LLC now owns 2,232 shares of the company’s stock worth $118,000 after purchasing an additional 198 shares during the period. Caldwell Trust Co boosted its stake in Archer Daniels Midland by 44.7% in the 3rd quarter. Caldwell Trust Co now owns 647 shares of the company’s stock worth $39,000 after purchasing an additional 200 shares during the period. Westpac Banking Corp increased its holdings in Archer Daniels Midland by 38.0% during the 2nd quarter. Westpac Banking Corp now owns 733 shares of the company’s stock worth $39,000 after purchasing an additional 202 shares in the last quarter. Finally, G&S Capital LLC raised its stake in shares of Archer Daniels Midland by 1.7% in the 3rd quarter. G&S Capital LLC now owns 13,287 shares of the company’s stock valued at $794,000 after purchasing an additional 216 shares during the period. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer Daniels Midland Price Performance

Shares of ADM opened at $67.41 on Friday. The company’s 50-day moving average is $65.66 and its 200-day moving average is $62.25. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.83. The firm has a market capitalization of $32.44 billion, a PE ratio of 30.37, a PEG ratio of 0.90 and a beta of 0.68. Archer Daniels Midland Company has a fifty-two week low of $40.98 and a fifty-two week high of $70.48.

Archer Daniels Midland (NYSE:ADM) last announced 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 business had revenue of $18.56 billion during the quarter, compared to the consensus estimate of $21.03 billion. During the same quarter in the previous year, the firm posted $1.14 EPS. Archer Daniels Midland’s revenue was down 13.7% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. Equities analysts forecast that Archer Daniels Midland Company will post 4.31 EPS for the current 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 issued a dividend of $0.52 per share. 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 dividend yield of 3.1%. The ex-dividend date is Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio is presently 93.69%.

Insider Activity at Archer Daniels Midland

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. BMO Capital Markets restated a “market perform” rating and issued a $63.00 price target on shares of Archer Daniels Midland in a report on Wednesday, February 4th. Barclays lifted their target price on Archer Daniels Midland from $61.00 to $68.00 and gave the company an “equal weight” rating in a research report on Thursday, February 19th. JPMorgan Chase & Co. boosted their target price on Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a research note on Wednesday, February 4th. Zacks Research raised Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. One equities research 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’s stock. Based on data from MarketBeat, Archer Daniels Midland presently has a consensus rating of “Reduce” and an average target price of $58.00.

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.