Archer Daniels Midland Company $ADM Holdings Decreased by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd cut its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 62.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 536,898 shares of the company’s stock after selling 904,994 shares during the quarter. AustralianSuper Pty Ltd owned 0.11% of Archer Daniels Midland worth $32,074,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Trust Co. of Vermont lifted its position in shares of Archer Daniels Midland by 367.0% in the 3rd quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock worth $30,000 after buying an additional 400 shares during the last quarter. Hager Investment Management Services LLC raised its stake in Archer Daniels Midland by 113.6% during the third quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock worth $32,000 after acquiring an additional 284 shares during the period. Caldwell Trust Co lifted its holdings in Archer Daniels Midland by 44.7% in the third quarter. Caldwell Trust Co now owns 647 shares of the company’s stock worth $39,000 after acquiring an additional 200 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in Archer Daniels Midland in the second quarter valued at approximately $36,000. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in shares of Archer Daniels Midland by 61.2% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 698 shares of the company’s stock valued at $37,000 after purchasing an additional 265 shares during the last quarter. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Trading Down 2.3%

Archer Daniels Midland stock opened at $68.02 on Wednesday. Archer Daniels Midland Company has a 12-month low of $40.98 and a 12-month high of $70.48. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.83. The stock has a market capitalization of $32.73 billion, a PE ratio of 30.64, a price-to-earnings-growth ratio of 0.93 and a beta of 0.68. The firm has a 50 day simple moving average of $65.10 and a 200-day simple moving average of $62.11.

Archer Daniels Midland (NYSE:ADM) last released its 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 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 the consensus estimate of $21.03 billion. During the same period in the prior year, the firm posted $1.14 earnings per share. The firm’s revenue for the quarter 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. As a group, equities research analysts expect that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Increases Dividend

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

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ADM. Barclays upped their price objective on Archer Daniels Midland from $61.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 19th. Zacks Research upgraded shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. BMO Capital Markets reissued a “market perform” rating and set a $63.00 target price on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. Finally, UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $58.00.

Insider Activity

In related news, SVP Jennifer L. Weber sold 25,000 shares of the stock in a transaction that occurred on 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 completion of the sale, the senior vice president directly owned 123,668 shares of the company’s stock, valued at $8,290,702.72. This represents a 16.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David R. Mcatee II bought 7,500 shares of Archer Daniels Midland stock in a transaction that occurred on Thursday, February 5th. The shares were acquired at an average price of $64.90 per share, with a total value of $486,750.00. Following the completion of 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 SEC filing for this purchase provides additional information. 0.70% of the stock is currently owned by 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.