Archer Daniels Midland (NYSE:ADM) SVP Sells $1,676,000.00 in Stock

Archer Daniels Midland Company (NYSE:ADM) SVP Jennifer Weber sold 25,000 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $67.04, for a total value 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 approximately $8,290,702.72. The trade was a 16.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Archer Daniels Midland Stock Down 1.5%

ADM stock opened at $67.84 on Friday. The business’s 50-day moving average price is $63.74 and its 200-day moving average price is $61.62. The stock has a market cap of $32.64 billion, a P/E ratio of 30.56, a PEG ratio of 0.91 and a beta of 0.71. The company has a quick ratio of 0.92, a current ratio of 1.37 and a debt-to-equity ratio of 0.29. Archer Daniels Midland Company has a twelve month low of $40.98 and a twelve month high of $70.09.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $18.56 billion during the quarter, compared to analyst estimates of $21.03 billion. During the same period in the prior year, the firm posted $1.14 EPS. The firm’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, equities research analysts forecast that Archer Daniels Midland Company will post 4.31 EPS for the current year.

Archer Daniels Midland Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be paid 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 is Tuesday, February 17th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.1%. Archer Daniels Midland’s dividend payout ratio is presently 93.69%.

Institutional Trading of Archer Daniels Midland

Several hedge funds have recently modified their holdings of ADM. Toth Financial Advisory Corp bought a new stake in Archer Daniels Midland in the fourth quarter worth $25,000. Motiv8 Investments LLC purchased a new position in shares of Archer Daniels Midland in the 4th quarter worth $26,000. Trust Co. of Vermont increased its holdings in shares of Archer Daniels Midland by 367.0% in the 3rd quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock worth $30,000 after buying an additional 400 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of Archer Daniels Midland by 313.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after buying an additional 386 shares during the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in shares of Archer Daniels Midland during the 4th quarter valued at about $31,000. 78.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ADM has been the topic of a number of recent analyst reports. Morgan Stanley cut Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $57.00 to $50.00 in a report on Tuesday, December 16th. BMO Capital Markets reissued a “market perform” rating and set a $63.00 target price on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. Barclays upped their price target on Archer Daniels Midland from $61.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. Finally, Zacks Research upgraded shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. One equities research 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, the stock presently has a consensus rating of “Reduce” and a consensus price target of $58.00.

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.