Archer Daniels Midland (NYSE:ADM) Director Purchases $486,750.00 in Stock

Archer Daniels Midland Company (NYSE:ADM) Director David Mcatee II acquired 7,500 shares of Archer Daniels Midland stock in a transaction on Thursday, February 5th. The shares were bought at an average price of $64.90 per share, for a total transaction of $486,750.00. Following the completion of the purchase, the director directly owned 7,500 shares in the company, valued at $486,750. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $69.36 on Thursday. The firm has a market cap of $33.33 billion, a PE ratio of 31.24, a price-to-earnings-growth ratio of 0.92 and a beta of 0.71. Archer Daniels Midland Company has a 1 year low of $40.98 and a 1 year high of $69.94. The firm’s 50-day simple moving average is $62.37 and its 200-day simple moving average is $60.94. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.92 and a current ratio of 11.20.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data 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. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The firm had revenue of $18.56 billion during the quarter, compared to analyst estimates of $21.03 billion. During the same period in the previous year, the company earned $1.14 earnings per share. Archer Daniels Midland’s quarterly revenue was down 13.7% on a year-over-year basis. 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 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. Investors of record on Tuesday, February 17th will be paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 3.0%. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. The ex-dividend date is Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio (DPR) is 93.69%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on ADM shares. Morgan Stanley downgraded shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $57.00 to $50.00 in a research report on Tuesday, December 16th. UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. JPMorgan Chase & Co. increased their price target on Archer Daniels Midland from $60.00 to $61.00 and gave the stock an “underweight” rating in a research report on Wednesday, February 4th. BMO Capital Markets reissued a “market perform” rating and issued a $63.00 price target on shares of Archer Daniels Midland in a report on Wednesday, February 4th. Finally, Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Archer Daniels Midland has a consensus rating of “Reduce” and an average target price of $57.00.

Institutional Investors Weigh In On Archer Daniels Midland

Hedge funds and other institutional investors have recently modified their holdings of the stock. Toth Financial Advisory Corp bought a new position in Archer Daniels Midland in the 4th quarter valued at about $25,000. Trust Co. of Vermont boosted its holdings in shares of Archer Daniels Midland by 367.0% in the third quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock valued at $30,000 after acquiring an additional 400 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake in shares of Archer Daniels Midland by 313.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock valued at $30,000 after acquiring an additional 386 shares during the period. Elyxium Wealth LLC bought a new stake in Archer Daniels Midland during the fourth quarter worth approximately $31,000. Finally, Trust Co. of Toledo NA OH acquired a new stake in Archer Daniels Midland in the second quarter worth approximately $32,000. 78.28% of the stock is currently owned by institutional investors.

About Archer Daniels Midland

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.