Archer Daniels Midland Company $ADM Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. increased its position in Archer Daniels Midland Company (NYSE:ADM) by 20.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 51,676 shares of the company’s stock after purchasing an additional 8,741 shares during the period. Advisors Asset Management Inc.’s holdings in Archer Daniels Midland were worth $3,108,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. State Street Corp boosted its position in Archer Daniels Midland by 0.7% during the 2nd quarter. State Street Corp now owns 34,617,404 shares of the company’s stock worth $1,827,107,000 after acquiring an additional 223,716 shares during the period. Charles Schwab Investment Management Inc. raised its position in Archer Daniels Midland by 3.6% during the second quarter. Charles Schwab Investment Management Inc. now owns 18,076,118 shares of the company’s stock valued at $954,058,000 after buying an additional 620,794 shares during the period. Geode Capital Management LLC boosted its stake in shares of Archer Daniels Midland by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 12,457,546 shares of the company’s stock valued at $654,772,000 after buying an additional 283,207 shares during the period. Dodge & Cox bought a new stake in shares of Archer Daniels Midland in the 2nd quarter valued at approximately $345,689,000. Finally, Norges Bank acquired a new position in Archer Daniels Midland during the second quarter worth $340,247,000. Institutional investors and hedge funds own 78.28% of the company’s stock.

Insider Activity at Archer Daniels Midland

In related news, Director David R. Mcatee II bought 7,500 shares of Archer Daniels Midland stock in a transaction that occurred on Thursday, February 5th. The shares were acquired at an average cost of $64.90 per share, for a total transaction of $486,750.00. Following the completion of the acquisition, the director directly owned 7,500 shares of the company’s stock, valued at approximately $486,750. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 1.20% of the stock is currently owned by corporate insiders.

Archer Daniels Midland Stock Up 0.0%

Shares of NYSE ADM opened at $69.52 on Friday. The stock’s fifty day moving average is $62.78 and its 200 day moving average is $61.15. The stock has a market capitalization of $33.41 billion, a P/E ratio of 31.32, a PEG ratio of 0.93 and a beta of 0.71. Archer Daniels Midland Company has a 52 week low of $40.98 and a 52 week high of $70.09. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.92 and a current ratio of 11.20.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.07. The company had revenue of $18.56 billion for the quarter, compared to analyst estimates of $21.03 billion. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The company’s revenue for the quarter was down 13.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.14 EPS. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. 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 declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.52 per share. The ex-dividend date of this dividend is Tuesday, February 17th. 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%. Archer Daniels Midland’s payout ratio is 93.69%.

Analyst Ratings Changes

ADM has been the subject of several research reports. JPMorgan Chase & Co. increased their price objective 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a report on Wednesday, January 21st. BMO Capital Markets reissued a “market perform” rating and issued a $63.00 target price on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. Morgan Stanley cut 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 report on Tuesday, December 16th. Finally, UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Archer Daniels Midland currently has an average rating of “Reduce” and a consensus target price of $57.00.

About Archer Daniels Midland

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.