7,449 Shares in Archer Daniels Midland Company $ADM Bought by AXQ Capital LP

AXQ Capital LP purchased a new stake in Archer Daniels Midland Company (NYSE:ADM) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,449 shares of the company’s stock, valued at approximately $445,000.

A number of other institutional investors also recently bought and sold shares of the business. State Street Corp increased its holdings in shares of Archer Daniels Midland by 0.7% in the 2nd quarter. State Street Corp now owns 34,617,404 shares of the company’s stock valued at $1,827,107,000 after acquiring an additional 223,716 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Archer Daniels Midland by 3.6% in 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 purchasing an additional 620,794 shares during the last quarter. Geode Capital Management LLC raised its holdings in Archer Daniels Midland by 2.3% during the second quarter. Geode Capital Management LLC now owns 12,457,546 shares of the company’s stock worth $654,772,000 after purchasing an additional 283,207 shares in the last quarter. Dodge & Cox purchased a new stake in shares of Archer Daniels Midland during the 2nd quarter worth approximately $345,689,000. Finally, Norges Bank purchased a new stake in shares of Archer Daniels Midland during the 2nd quarter worth approximately $340,247,000. 78.28% of the stock is owned by hedge funds and other institutional investors.

Archer Daniels Midland Stock Up 0.3%

ADM opened at $67.90 on Wednesday. Archer Daniels Midland Company has a 52 week low of $40.98 and a 52 week high of $70.09. The business has a 50 day moving average price of $64.09 and a two-hundred day moving average price of $61.79. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 0.29. The company has a market cap of $32.68 billion, a PE ratio of 30.59, a P/E/G ratio of 0.91 and a beta of 0.71.

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, beating 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 analyst estimates of $21.03 billion. During the same quarter 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. As a group, research analysts anticipate that Archer Daniels Midland Company will post 4.31 EPS for the current year.

Archer Daniels Midland Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Tuesday, February 17th. This is an increase from Archer Daniels Midland’s previous quarterly dividend of $0.51. Archer Daniels Midland’s payout ratio is currently 93.69%.

Analyst Ratings Changes

ADM has been the topic of a number of recent analyst reports. Barclays increased their target price on shares of 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 reaffirmed a “buy” rating on shares of Archer Daniels Midland in a report on Monday, December 15th. Zacks Research raised Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. JPMorgan Chase & Co. upped their target price 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. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $58.00.

Insider Buying and Selling at Archer Daniels Midland

In other news, Director David R. Mcatee II acquired 7,500 shares of Archer Daniels Midland stock in a transaction that occurred on Thursday, February 5th. The stock was purchased at an average price of $64.90 per share, for a total transaction of $486,750.00. Following the completion of the transaction, the director directly owned 7,500 shares in the company, valued at approximately $486,750. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jennifer L. Weber sold 25,000 shares of the business’s stock in a transaction that occurred 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 transaction, the senior vice president owned 123,668 shares in the company, valued at $8,290,702.72. The trade was a 16.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.70% of the stock is currently owned by company insiders.

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.