Archer Daniels Midland Company $ADM Stock Position Trimmed by Barclays PLC

Barclays PLC decreased its position in Archer Daniels Midland Company (NYSE:ADMFree Report) by 27.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,268,593 shares of the company’s stock after selling 468,968 shares during the period. Barclays PLC owned approximately 0.26% of Archer Daniels Midland worth $75,786,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in ADM. Trust Co. of Vermont grew its stake 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 worth $30,000 after purchasing an additional 400 shares in the last quarter. Hager Investment Management Services LLC raised its stake in shares of Archer Daniels Midland by 113.6% during the third quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock valued at $32,000 after purchasing an additional 284 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Archer Daniels Midland during the second quarter valued at about $36,000. Evelyn Partners Investment Management Services Ltd acquired a new stake in Archer Daniels Midland in the second quarter worth about $37,000. Finally, Vermillion & White Wealth Management Group LLC grew its position in Archer Daniels Midland by 61.2% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 698 shares of the company’s stock valued at $37,000 after buying an additional 265 shares in the last quarter. Institutional investors and hedge funds own 78.28% of the company’s stock.

Insider Buying and Selling at Archer Daniels Midland

In related news, SVP Jennifer L. Weber sold 25,000 shares of Archer Daniels Midland stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $67.04, for a total value of $1,676,000.00. Following the transaction, the senior vice president owned 123,668 shares of the company’s stock, valued at approximately $8,290,702.72. This trade represents a 16.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David R. Mcatee II acquired 7,500 shares of Archer Daniels Midland stock in a transaction on Thursday, February 5th. The shares were purchased at an average cost of $64.90 per share, with a total value of $486,750.00. Following the completion of the purchase, the director directly owned 7,500 shares of the company’s stock, valued at approximately $486,750. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.20% of the company’s stock.

Archer Daniels Midland Stock Up 1.3%

NYSE ADM opened at $67.41 on Monday. Archer Daniels Midland Company has a 12 month low of $40.98 and a 12 month high of $70.48. The company has a market capitalization of $32.44 billion, a P/E ratio of 30.37, a PEG ratio of 0.90 and a beta of 0.68. The company’s 50 day simple moving average is $65.66 and its 200 day simple moving average is $62.26. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.83.

Archer Daniels Midland (NYSE:ADMGet Free Report) last issued 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 net margin of 1.34% and a return on equity of 7.39%. The firm had revenue of $18.56 billion during 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 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. Equities research analysts expect that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Increases Dividend

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

Wall Street Analysts Forecast Growth

ADM has been the topic of several research analyst reports. UBS Group reissued a “buy” rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. JPMorgan Chase & Co. increased their price objective on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a report on Wednesday, February 4th. Morgan Stanley cut Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $57.00 to $50.00 in a report on Tuesday, December 16th. Finally, Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. One equities 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’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $58.00.

Read Our Latest Research Report on ADM

About Archer Daniels Midland

(Free Report)

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.

Further Reading

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

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