American Century Companies Inc. Decreases Stake in Archer Daniels Midland Company $ADM

American Century Companies Inc. reduced its position in Archer Daniels Midland Company (NYSE:ADMFree Report) by 9.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 324,119 shares of the company’s stock after selling 32,109 shares during the period. American Century Companies Inc. owned 0.07% of Archer Daniels Midland worth $19,363,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ADM. Trust Co. of Vermont raised its holdings 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 acquiring an additional 400 shares during the period. Hager Investment Management Services LLC raised its stake in shares of Archer Daniels Midland by 113.6% during the 3rd 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 during the period. Caldwell Trust Co lifted its holdings in Archer Daniels Midland by 44.7% during the 3rd quarter. Caldwell Trust Co now owns 647 shares of the company’s stock worth $39,000 after purchasing an additional 200 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in Archer Daniels Midland in the 2nd quarter worth about $36,000. Finally, Vermillion & White Wealth Management Group LLC boosted its stake 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 worth $37,000 after purchasing an additional 265 shares during the period. Institutional investors own 78.28% of the company’s stock.

Insider Transactions at Archer Daniels Midland

In related news, SVP Jennifer L. Weber sold 25,000 shares of the stock in a transaction dated Tuesday, February 17th. The stock was 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 in the company, valued at $8,290,702.72. This represents a 16.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David R. Mcatee II purchased 7,500 shares of Archer Daniels Midland 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 completion of the transaction, the director owned 7,500 shares in the company, valued at $486,750. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.70% of the company’s stock.

Archer Daniels Midland Stock Up 2.3%

Shares of ADM opened at $69.47 on Wednesday. Archer Daniels Midland Company has a 1 year low of $40.98 and a 1 year 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 50 day simple moving average of $66.08 and a two-hundred day simple moving average of $62.35. The firm has a market cap of $33.43 billion, a P/E ratio of 31.29, a P/E/G ratio of 0.91 and a beta of 0.68.

Archer Daniels Midland (NYSE:ADMGet Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.80 by $0.07. The firm had revenue of $18.56 billion for the quarter, compared to the consensus estimate of $21.03 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.39%. During the same period last year, the firm posted $1.14 earnings per share. The business’s 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, 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th were issued a $0.52 dividend. This is an increase from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.69%.

Wall Street Analysts Forecast Growth

ADM has been the topic of several analyst reports. JPMorgan Chase & Co. upped their price target on Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a research report on Wednesday, February 4th. Barclays boosted their price objective 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, February 19th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a report on Wednesday, January 21st. UBS Group reissued a “buy” rating on shares of Archer Daniels Midland in a report on Monday, December 15th. Finally, Morgan Stanley lowered shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $57.00 to $50.00 in a research report on Tuesday, December 16th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Archer Daniels Midland presently has an average rating of “Reduce” and a consensus target price of $58.00.

Read Our Latest Research Report on Archer Daniels Midland

Archer Daniels Midland Company Profile

(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

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

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