8,953 Shares in Archer Daniels Midland Company $ADM Purchased by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC purchased a new position in Archer Daniels Midland Company (NYSE:ADMFree Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 8,953 shares of the company’s stock, valued at approximately $515,000.

Several other institutional investors also recently modified their holdings of the business. Brookstone Capital Management increased its stake in shares of Archer Daniels Midland by 4.5% in the 4th quarter. Brookstone Capital Management now owns 3,555 shares of the company’s stock worth $204,000 after acquiring an additional 154 shares in the last quarter. Tiemann Investment Advisors LLC increased its stake in shares of Archer Daniels Midland by 4.5% in the 3rd quarter. Tiemann Investment Advisors LLC now owns 4,085 shares of the company’s stock worth $244,000 after acquiring an additional 175 shares in the last quarter. Centennial Wealth Advisory LLC increased its stake in shares of Archer Daniels Midland by 1.5% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 12,696 shares of the company’s stock worth $758,000 after acquiring an additional 184 shares in the last quarter. Joule Financial LLC increased its stake in shares of Archer Daniels Midland by 4.6% in the 4th quarter. Joule Financial LLC now owns 4,318 shares of the company’s stock worth $248,000 after acquiring an additional 190 shares in the last quarter. Finally, CVA Family Office LLC increased its stake in shares of Archer Daniels Midland by 5.5% in the 4th quarter. CVA Family Office LLC now owns 3,731 shares of the company’s stock worth $214,000 after acquiring an additional 193 shares in the last quarter. 78.28% of the stock is currently owned by institutional investors.

Archer Daniels Midland Stock Performance

Shares of ADM stock opened at $66.98 on Monday. The company has a 50 day moving average price of $69.68 and a 200-day moving average price of $64.17. Archer Daniels Midland Company has a 52 week low of $46.81 and a 52 week high of $74.19. The firm has a market capitalization of $32.28 billion, a PE ratio of 30.17, a P/E/G ratio of 0.82 and a beta of 0.65. 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:ADMGet Free Report) last announced its quarterly 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 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 analyst estimates of $21.03 billion. During the same period in the previous year, the business posted $1.14 earnings per share. The business’s revenue for the quarter was down 13.7% on a year-over-year basis. 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 earnings per share for the current year.

Archer Daniels Midland Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th were paid a $0.52 dividend. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.69%.

Analysts Set New Price Targets

A number of research firms have weighed in on ADM. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 6th. Jefferies Financial Group raised their price objective on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research note on Monday, April 6th. JPMorgan Chase & Co. raised their price objective on shares of Archer Daniels Midland from $61.00 to $65.00 and gave the company an “underweight” rating in a research note on Tuesday, March 24th. Finally, BMO Capital Markets restated a “market perform” rating and set a $63.00 price objective on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $63.86.

Read Our Latest Analysis on ADM

Insider Activity at Archer Daniels Midland

In other news, SVP Ian R. Pinner sold 34,106 shares of Archer Daniels Midland stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $71.53, for a total value of $2,439,602.18. Following the completion of the sale, the senior vice president directly owned 90,676 shares in the company, valued at $6,486,054.28. The trade was a 27.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Jennifer L. Weber sold 25,000 shares of Archer Daniels Midland stock in a transaction that occurred on 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 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 SEC filing for this sale provides additional information. Over the last three months, insiders have sold 109,106 shares of company stock valued at $7,539,602. Insiders own 0.60% of the company’s stock.

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.

See Also

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

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