7,461 Shares in Archer Daniels Midland Company $ADM Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd purchased a new position in Archer Daniels Midland Company (NYSE:ADM) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,461 shares of the company’s stock, valued at approximately $446,000.

Other institutional investors have also recently made changes to their positions in the company. Centennial Wealth Advisory LLC increased its stake in shares of Archer Daniels Midland by 1.5% in the third quarter. Centennial Wealth Advisory LLC now owns 12,696 shares of the company’s stock worth $758,000 after buying an additional 184 shares during the period. Rothschild Investment LLC raised its holdings in Archer Daniels Midland by 9.7% during the 2nd quarter. Rothschild Investment LLC now owns 2,232 shares of the company’s stock valued at $118,000 after buying an additional 198 shares during the last quarter. Caldwell Trust Co boosted its position in Archer Daniels Midland by 44.7% during the 3rd quarter. Caldwell Trust Co now owns 647 shares of the company’s stock valued at $39,000 after buying an additional 200 shares during the period. Westpac Banking Corp grew its holdings in Archer Daniels Midland by 38.0% in the 2nd quarter. Westpac Banking Corp now owns 733 shares of the company’s stock worth $39,000 after acquiring an additional 202 shares during the last quarter. Finally, Cromwell Holdings LLC grew its holdings in Archer Daniels Midland by 14.9% in the 3rd quarter. Cromwell Holdings LLC now owns 1,665 shares of the company’s stock worth $99,000 after acquiring an additional 216 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Up 2.2%

ADM stock opened at $70.90 on Thursday. The business has a 50 day moving average of $66.35 and a 200 day moving average of $62.41. The firm has a market cap of $34.12 billion, a PE ratio of 31.94, a price-to-earnings-growth ratio of 0.93 and a beta of 0.68. Archer Daniels Midland Company has a twelve month low of $40.98 and a twelve month high of $71.43. 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 the consensus estimate 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 business had revenue of $18.56 billion for the quarter, compared to the consensus estimate of $21.03 billion. During the same period in the previous year, the company posted $1.14 earnings per share. The company’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. On average, research analysts forecast that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were given a dividend of $0.52 per share. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $2.08 annualized dividend and a yield of 2.9%. Archer Daniels Midland’s payout ratio is currently 93.69%.

Insider Activity

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

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. Morgan Stanley downgraded 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 report on Tuesday, December 16th. Barclays upped their price target 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. UBS Group reiterated a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. Finally, JPMorgan Chase & Co. boosted their target price 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. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Archer Daniels Midland currently has an average rating of “Reduce” and an average price target of $58.00.

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.