Archer-Daniels-Midland Company (NYSE:ADM) Shares Purchased by 180 Wealth Advisors LLC

180 Wealth Advisors LLC lifted its position in Archer-Daniels-Midland Company (NYSE:ADMGet Rating) by 3.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,026 shares of the company’s stock after purchasing an additional 142 shares during the period. 180 Wealth Advisors LLC’s holdings in Archer-Daniels-Midland were worth $308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Archer-Daniels-Midland in the 1st quarter valued at $181,000. Stonnington Group LLC increased its holdings in Archer-Daniels-Midland by 37.4% in the 1st quarter. Stonnington Group LLC now owns 52,610 shares of the company’s stock worth $4,975,000 after acquiring an additional 14,310 shares in the last quarter. US Bancorp DE increased its holdings in Archer-Daniels-Midland by 2.5% in the 1st quarter. US Bancorp DE now owns 155,609 shares of the company’s stock worth $14,045,000 after acquiring an additional 3,765 shares in the last quarter. AIA Group Ltd increased its holdings in Archer-Daniels-Midland by 49.7% in the 1st quarter. AIA Group Ltd now owns 6,315 shares of the company’s stock worth $570,000 after acquiring an additional 2,097 shares in the last quarter. Finally, Bank of New Hampshire increased its holdings in Archer-Daniels-Midland by 140.0% in the 2nd quarter. Bank of New Hampshire now owns 480 shares of the company’s stock worth $37,000 after acquiring an additional 280 shares in the last quarter. 78.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Archer-Daniels-Midland

In related news, SVP Gregory A. Morris sold 117,839 shares of the company’s stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $83.47, for a total value of $9,836,021.33. Following the completion of the sale, the senior vice president now owns 231,454 shares of the company’s stock, valued at $19,319,465.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Juan R. Luciano sold 284,531 shares of the company’s stock in a transaction dated Friday, September 9th. The shares were sold at an average price of $91.20, for a total value of $25,949,227.20. Following the completion of the sale, the chief executive officer now owns 412,842 shares of the company’s stock, valued at $37,651,190.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Gregory A. Morris sold 117,839 shares of the company’s stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $83.47, for a total transaction of $9,836,021.33. Following the completion of the sale, the senior vice president now directly owns 231,454 shares of the company’s stock, valued at approximately $19,319,465.38. The disclosure for this sale can be found here. Over the last quarter, insiders sold 402,470 shares of company stock valued at $35,794,063. 1.20% of the stock is owned by company insiders.

Archer-Daniels-Midland Price Performance

Archer-Daniels-Midland stock opened at $84.77 on Monday. Archer-Daniels-Midland Company has a 52-week low of $58.60 and a 52-week high of $98.88. The firm has a market capitalization of $47.52 billion, a price-to-earnings ratio of 13.35, a PEG ratio of 1.78 and a beta of 0.77. The company has a fifty day simple moving average of $83.07 and a 200-day simple moving average of $85.07. The company has a quick ratio of 0.90, a current ratio of 1.47 and a debt-to-equity ratio of 0.33.

Archer-Daniels-Midland (NYSE:ADMGet Rating) last released its earnings results on Tuesday, July 26th. The company reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.72 by $0.43. Archer-Daniels-Midland had a net margin of 3.81% and a return on equity of 15.98%. The business had revenue of $27.28 billion during the quarter, compared to analyst estimates of $24.87 billion. During the same quarter in the prior year, the firm earned $1.33 earnings per share. The company’s revenue for the quarter was up 19.0% compared to the same quarter last year. On average, equities analysts anticipate that Archer-Daniels-Midland Company will post 6.84 EPS for the current fiscal year.

Archer-Daniels-Midland Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 7th. Investors of record on Wednesday, August 17th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.89%. Archer-Daniels-Midland’s dividend payout ratio is currently 25.20%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Wolfe Research assumed coverage on shares of Archer-Daniels-Midland in a report on Friday, August 12th. They issued an “outperform” rating and a $117.00 price target for the company. Seaport Res Ptn reissued a “buy” rating on shares of Archer-Daniels-Midland in a report on Wednesday, July 27th. Finally, StockNews.com raised shares of Archer-Daniels-Midland from a “hold” rating to a “buy” rating in a report on Friday. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $88.42.

Archer-Daniels-Midland Profile

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Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States, Switzerland, Cayman Islands, Brazil, Mexico, the United Kingdom, and internationally. The company operates through three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.

See Also

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Institutional Ownership by Quarter for Archer-Daniels-Midland (NYSE:ADM)

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