Envestnet Asset Management Inc. Reduces Stock Position in Archer Daniels Midland Company $ADM

Envestnet Asset Management Inc. cut its stake in Archer Daniels Midland Company (NYSE:ADM) by 14.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 86,331 shares of the company’s stock after selling 15,017 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Archer Daniels Midland were worth $5,157,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ADM. Trust Co. of Vermont lifted its holdings in shares of Archer Daniels Midland by 367.0% in the third quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock worth $30,000 after buying an additional 400 shares in the last quarter. Caldwell Trust Co lifted its stake in Archer Daniels Midland by 44.7% in the 3rd quarter. Caldwell Trust Co now owns 647 shares of the company’s stock worth $39,000 after purchasing an additional 200 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in Archer Daniels Midland in the 2nd quarter valued at $36,000. Vermillion & White Wealth Management Group LLC grew its position in shares of Archer Daniels Midland by 61.2% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 698 shares of the company’s stock valued at $37,000 after purchasing an additional 265 shares in the last quarter. Finally, Evelyn Partners Investment Management Services Ltd bought a new position in shares of Archer Daniels Midland in the second quarter worth $37,000. Institutional investors own 78.28% of the company’s stock.

Insider Activity at Archer Daniels Midland

In other Archer Daniels Midland news, SVP Jennifer L. Weber sold 25,000 shares of the business’s stock in a transaction on 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 sale, the senior vice president directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David R. Mcatee II purchased 7,500 shares of the business’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 acquisition, the director owned 7,500 shares of the company’s stock, valued at approximately $486,750. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.70% of the stock is currently owned by company insiders.

Archer Daniels Midland Trading Down 1.5%

NYSE ADM opened at $67.84 on Monday. The stock has a 50-day moving average of $63.74 and a 200-day moving average of $61.65. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 0.29. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $70.09. The firm has a market cap of $32.64 billion, a PE ratio of 30.56, a price-to-earnings-growth ratio of 0.91 and a beta of 0.71.

Archer Daniels Midland (NYSE:ADM) 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 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 analysts’ expectations of $21.03 billion. During the same period in the previous year, the firm earned $1.14 EPS. The business’s quarterly revenue 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, sell-side analysts forecast that Archer Daniels Midland Company will post 4.31 EPS for the current year.

Archer Daniels Midland Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Tuesday, February 17th. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.51. Archer Daniels Midland’s dividend payout ratio (DPR) is 93.69%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. BMO Capital Markets restated a “market perform” rating and set a $63.00 target price on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. UBS Group reissued a “buy” rating on shares of Archer Daniels Midland in a report on Monday, December 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. Barclays boosted their price target on shares of Archer Daniels Midland from $61.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Thursday. Finally, Morgan Stanley cut shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $57.00 to $50.00 in a research report on Tuesday, December 16th. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Archer Daniels Midland has a consensus rating of “Reduce” and an average target price 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.