Archer Daniels Midland Company $ADM Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. trimmed its position in Archer Daniels Midland Company (NYSE:ADM) by 43.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,067 shares of the company’s stock after selling 10,135 shares during the quarter. Securian Asset Management Inc.’s holdings in Archer Daniels Midland were worth $751,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. AlphaQuest LLC purchased a new position in Archer Daniels Midland during the 3rd quarter worth approximately $1,332,000. Allstate Corp acquired a new stake in shares of Archer Daniels Midland in the third quarter worth $1,044,000. NEOS Investment Management LLC increased its stake in shares of Archer Daniels Midland by 38.1% in the third quarter. NEOS Investment Management LLC now owns 66,313 shares of the company’s stock worth $3,962,000 after acquiring an additional 18,287 shares during the period. Allianz Asset Management GmbH raised its holdings in shares of Archer Daniels Midland by 45.8% during the third quarter. Allianz Asset Management GmbH now owns 872,406 shares of the company’s stock worth $52,118,000 after purchasing an additional 273,930 shares during the last quarter. Finally, Convergence Investment Partners LLC acquired a new position in Archer Daniels Midland during the third quarter valued at $1,466,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. upped their target price on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Barclays lifted their price target on Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Jefferies Financial Group boosted their price target on Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a report on Monday, April 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $74.50.

Archer Daniels Midland Stock Up 2.7%

ADM opened at $82.90 on Thursday. The company has a fifty day moving average of $71.68 and a two-hundred day moving average of $65.60. The stock has a market capitalization of $39.95 billion, a price-to-earnings ratio of 37.18 and a beta of 0.59. Archer Daniels Midland Company has a fifty-two week low of $46.81 and a fifty-two week high of $83.10. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31.

Archer Daniels Midland (NYSE:ADM) last posted its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.05. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The business had revenue of $20.49 billion for the quarter, compared to analyst estimates of $21.35 billion. During the same period in the prior year, the company posted $0.70 EPS. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, research analysts expect that Archer Daniels Midland Company will post 4.43 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be issued a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.27%.

Insider Activity

In other news, SVP Ian R. Pinner sold 34,106 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $71.53, for a total value of $2,439,602.18. Following the completion of the sale, the senior vice president directly owned 90,676 shares in the company, valued at $6,486,054.28. The trade was a 27.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Jennifer L. Weber sold 25,000 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were 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. This trade represents a 16.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 109,106 shares of company stock worth $7,539,602 over the last three months. 0.60% of the stock is currently owned by corporate insiders.

Archer Daniels Midland Company 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.