Vanguard Group Inc. Sells 1,563,943 Shares of Archer Daniels Midland Company $ADM

Vanguard Group Inc. trimmed its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 2.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 58,643,852 shares of the company’s stock after selling 1,563,943 shares during the quarter. Vanguard Group Inc. owned 12.21% of Archer Daniels Midland worth $3,503,384,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Trust Co. of Vermont boosted its position 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 valued at $30,000 after acquiring an additional 400 shares during the period. 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. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

NYSE:ADM opened at $67.40 on Thursday. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $70.09. The company has a debt-to-equity ratio of 0.33, a current ratio of 11.20 and a quick ratio of 0.92. The business has a 50 day moving average of $63.41 and a 200 day moving average of $61.45. The company has a market capitalization of $32.39 billion, a price-to-earnings ratio of 30.36, a PEG ratio of 0.92 and a beta of 0.71.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 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 firm had revenue of $18.56 billion for the quarter, compared to the consensus estimate of $21.03 billion. During the same period last year, the firm posted $1.14 earnings per share. The business’s 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, sell-side analysts predict that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Increases Dividend

The business also recently disclosed 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. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.1%. This is an increase from Archer Daniels Midland’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Tuesday, February 17th. Archer Daniels Midland’s payout ratio is 93.69%.

Insider Activity at Archer Daniels Midland

In related news, Director David R. Mcatee II acquired 7,500 shares of the firm’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 completion of the acquisition, the director owned 7,500 shares in the company, valued at approximately $486,750. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on ADM. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. UBS Group reiterated a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. Morgan Stanley cut shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and decreased their price objective for the stock from $57.00 to $50.00 in a research report on Tuesday, December 16th. BMO Capital Markets reiterated 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. Finally, Zacks Research raised shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. 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 presently has a consensus rating of “Reduce” and an average target price of $57.00.

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.