Aberdeen Group plc Sells 61,600 Shares of Archer Daniels Midland Company $ADM

Aberdeen Group plc decreased its stake in Archer Daniels Midland Company (NYSE:ADM) by 21.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 219,856 shares of the company’s stock after selling 61,600 shares during the quarter. Aberdeen Group plc’s holdings in Archer Daniels Midland were worth $13,260,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ADM. Robeco Institutional Asset Management B.V. grew its position in shares of Archer Daniels Midland by 193.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 557,621 shares of the company’s stock worth $33,312,000 after acquiring an additional 367,293 shares in the last quarter. AlphaQuest LLC bought a new stake in Archer Daniels Midland during the 3rd quarter valued at $1,332,000. Allstate Corp acquired a new stake in Archer Daniels Midland in the third quarter worth about $1,044,000. Allianz Asset Management GmbH boosted its holdings in shares of Archer Daniels Midland by 45.8% in the third quarter. Allianz Asset Management GmbH now owns 872,406 shares of the company’s stock valued at $52,118,000 after acquiring an additional 273,930 shares in the last quarter. Finally, Convergence Investment Partners LLC bought a new stake in shares of Archer Daniels Midland in the 3rd quarter worth $1,466,000. 78.28% of the stock is owned by institutional investors.

Insider Activity

In other Archer Daniels Midland news, SVP Jennifer L. Weber sold 25,000 shares of the business’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $67.04, for a total transaction of $1,676,000.00. Following the sale, the senior vice president directly owned 123,668 shares of the company’s stock, valued at $8,290,702.72. The trade was a 16.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director David R. Mcatee II bought 7,500 shares of the company’s stock in a transaction that occurred 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 acquisition, the director directly owned 7,500 shares of the company’s stock, valued at $486,750. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. 1.20% of the stock is owned by corporate insiders.

Archer Daniels Midland Trading Up 2.1%

NYSE:ADM opened at $68.92 on Friday. The firm has a market capitalization of $33.16 billion, a price-to-earnings ratio of 31.05, a PEG ratio of 0.90 and a beta of 0.71. The business’s 50-day moving average price is $63.59 and its two-hundred day moving average price is $61.50. The company has a current ratio of 1.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.29. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $70.09.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $18.56 billion for the quarter, compared to analysts’ expectations of $21.03 billion. During the same period last year, the firm posted $1.14 earnings per share. The business’s quarterly 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. On average, equities analysts expect that Archer Daniels Midland Company will post 4.31 earnings per share for the current year.

Archer Daniels Midland Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, February 17th. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.69%.

Analyst Upgrades and Downgrades

Several analysts recently commented on ADM shares. Barclays increased their target price on shares of Archer Daniels Midland from $61.00 to $68.00 and gave the company an “equal weight” rating in a research note on Thursday. JPMorgan Chase & Co. boosted their price objective on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a research report on Wednesday, February 4th. UBS Group reaffirmed a “buy” rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. Zacks Research raised shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Finally, Morgan Stanley lowered shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $57.00 to $50.00 in a research note on Tuesday, December 16th. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average 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.