BI Asset Management Fondsmaeglerselskab A S Increases Holdings in Archer Daniels Midland Company $ADM

BI Asset Management Fondsmaeglerselskab A S grew its holdings in Archer Daniels Midland Company (NYSE:ADM) by 65.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 30,215 shares of the company’s stock after buying an additional 11,900 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Archer Daniels Midland were worth $1,805,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Trust Co. of Vermont increased its position in Archer Daniels Midland by 367.0% during the 3rd quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock valued at $30,000 after purchasing an additional 400 shares during the period. Trust Co. of Toledo NA OH bought a new stake in shares of Archer Daniels Midland during the 2nd quarter valued at about $32,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Archer Daniels Midland during the second quarter valued at about $36,000. Evelyn Partners Investment Management Services Ltd bought a new position in Archer Daniels Midland in the second quarter worth about $37,000. Finally, Vermillion & White Wealth Management Group LLC lifted its holdings in Archer Daniels Midland by 61.2% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 698 shares of the company’s stock worth $37,000 after buying an additional 265 shares during the period. 78.28% of the stock is owned by hedge funds and other institutional investors.

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $66.35 on Monday. Archer Daniels Midland Company has a 1 year low of $40.98 and a 1 year high of $69.75. The firm’s 50-day moving average is $61.88 and its 200 day moving average is $60.71. The stock has a market cap of $31.89 billion, a price-to-earnings ratio of 29.89, a PEG ratio of 0.89 and a beta of 0.71. The company has a debt-to-equity ratio of 0.33, a current ratio of 11.20 and a quick ratio of 0.92.

Archer Daniels Midland (NYSE:ADM) last issued its earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share (EPS) for the quarter, topping 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 business’s revenue for the quarter was down 13.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.14 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. Sell-side analysts anticipate that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, February 17th. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.51. Archer Daniels Midland’s dividend payout ratio is 93.69%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Morgan Stanley downgraded Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $57.00 to $50.00 in a report on Tuesday, December 16th. Zacks Research raised Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a report on Monday, December 15th. 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. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Archer Daniels Midland has a consensus rating of “Reduce” and a consensus price target of $57.00.

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.