Fieldview Capital Management LLC Invests $647,000 in Archer Daniels Midland Company $ADM

Fieldview Capital Management LLC bought a new position in shares of Archer Daniels Midland Company (NYSE:ADM) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,824 shares of the company’s stock, valued at approximately $647,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Robeco Institutional Asset Management B.V. lifted its position in shares of Archer Daniels Midland by 193.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 557,621 shares of the company’s stock worth $33,312,000 after purchasing an additional 367,293 shares in the last quarter. AlphaQuest LLC acquired 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 during the 3rd quarter valued at $1,044,000. Allianz Asset Management GmbH increased its stake in Archer Daniels Midland by 45.8% during the 3rd quarter. Allianz Asset Management GmbH now owns 872,406 shares of the company’s stock worth $52,118,000 after buying an additional 273,930 shares during the period. Finally, Convergence Investment Partners LLC acquired a new position in Archer Daniels Midland in the 3rd quarter worth $1,466,000. 78.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ADM has been the subject of several recent analyst reports. Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Morgan Stanley cut Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from $57.00 to $50.00 in a research note on Tuesday, December 16th. JPMorgan Chase & Co. raised their price objective on Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a research note on Wednesday, February 4th. BMO Capital Markets restated a “market perform” rating and set a $63.00 price objective on shares of Archer Daniels Midland in a report on Wednesday, February 4th. Finally, Barclays upped their target price on Archer Daniels Midland from $61.00 to $68.00 and gave the company an “equal weight” rating in a research report on Thursday, February 19th. One 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. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $58.00.

Insiders Place Their Bets

In other Archer Daniels Midland news, SVP Jennifer L. Weber sold 25,000 shares of the stock in a transaction 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 sale, the senior vice president directly owned 123,668 shares of the company’s stock, valued at approximately $8,290,702.72. This represents a 16.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David R. Mcatee II purchased 7,500 shares of Archer Daniels Midland stock in a transaction dated Thursday, February 5th. The stock was acquired 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 approximately $486,750. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.70% of the stock is currently owned by corporate insiders.

Archer Daniels Midland Stock Up 2.3%

Shares of Archer Daniels Midland stock opened at $69.47 on Wednesday. The business has a 50-day moving average price of $66.08 and a 200 day moving average price of $62.35. Archer Daniels Midland Company has a fifty-two week low of $40.98 and a fifty-two week high of $70.48. 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. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 0.29.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, February 3rd. The company reported $0.87 EPS 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 company had revenue of $18.56 billion for the quarter, compared to the consensus estimate of $21.03 billion. During the same quarter last year, the business posted $1.14 EPS. Archer Daniels Midland’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, sell-side 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were paid a dividend of $0.52 per share. The ex-dividend date was Tuesday, February 17th. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 annualized dividend and a yield of 3.0%. Archer Daniels Midland’s payout ratio is presently 93.69%.

Archer Daniels Midland 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.