Inceptionr LLC lifted its stake in shares of Archer Daniels Midland Company (NYSE:ADM – Free Report) by 34.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the stock. Mitchell Mcleod Pugh & Williams Inc. purchased a new stake in shares of Archer Daniels Midland during the 4th quarter worth approximately $173,000. Zions Bancorporation National Association UT lifted its position in shares of 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 lifted its position in shares of 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 lifted its position 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 buying an additional 10,580 shares during the last quarter. Finally, Deutsche Bank AG lifted its position 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 buying an additional 174,386 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the stock. UBS Group boosted their price objective on shares of Archer Daniels Midland from $70.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Morgan Stanley boosted their price objective on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 6th. Barclays boosted their price objective on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $74.50.
Archer Daniels Midland Stock Up 1.4%
ADM stock opened at $81.21 on Thursday. The company has a fifty day moving average price of $75.82 and a 200 day moving average price of $68.57. Archer Daniels Midland Company has a 12 month low of $48.20 and a 12 month high of $85.37. The company has a market cap of $39.14 billion, a price-to-earnings ratio of 36.42 and a beta of 0.60. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.31 and a quick ratio of 0.80.
Archer Daniels Midland (NYSE:ADM – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.66 by $0.05. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The firm had revenue of $20.49 billion during the quarter, compared to the consensus estimate of $21.35 billion. During the same quarter in the prior year, the firm earned $0.70 EPS. Archer Daniels Midland’s revenue for the quarter was up 1.6% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Sell-side analysts expect that Archer Daniels Midland Company will post 4.43 earnings per share for the current year.
Archer Daniels Midland Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a $0.52 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $2.08 annualized dividend and a yield of 2.6%. Archer Daniels Midland’s dividend payout ratio is 93.27%.
Insider Buying and Selling
In related news, SVP Ian R. Pinner sold 34,106 shares of the company’s stock in a transaction on 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 completion of the sale, the senior vice president owned 90,676 shares in the company, valued at $6,486,054.28. This represents a 27.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is currently owned by company insiders.
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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