Geode Capital Management LLC Has $723.18 Million Stock Position in Archer Daniels Midland Company $ADM

Geode Capital Management LLC lifted its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 0.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 12,628,065 shares of the company’s stock after purchasing an additional 109,556 shares during the quarter. Geode Capital Management LLC’s holdings in Archer Daniels Midland were worth $723,175,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Atlantic Union Bankshares Corp increased its holdings in shares of Archer Daniels Midland by 5.1% during the fourth quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company’s stock worth $180,000 after buying an additional 153 shares in the last quarter. Brookstone Capital Management increased its holdings in shares of Archer Daniels Midland by 4.5% during the fourth quarter. Brookstone Capital Management now owns 3,555 shares of the company’s stock worth $204,000 after buying an additional 154 shares in the last quarter. Checchi Capital Advisers LLC increased its holdings in shares of Archer Daniels Midland by 2.6% during the fourth quarter. Checchi Capital Advisers LLC now owns 6,436 shares of the company’s stock worth $370,000 after buying an additional 161 shares in the last quarter. Tiemann Investment Advisors LLC increased its holdings in shares of Archer Daniels Midland by 4.5% during the third quarter. Tiemann Investment Advisors LLC now owns 4,085 shares of the company’s stock worth $244,000 after buying an additional 175 shares in the last quarter. Finally, Van Cleef Asset Management Inc increased its holdings in shares of Archer Daniels Midland by 1.2% during the fourth quarter. Van Cleef Asset Management Inc now owns 15,522 shares of the company’s stock worth $892,000 after buying an additional 183 shares in the last quarter. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $79.80 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. Archer Daniels Midland Company has a twelve month low of $46.81 and a twelve month high of $83.10. The stock has a market cap of $38.46 billion, a price-to-earnings ratio of 35.79 and a beta of 0.59. The company’s fifty day moving average is $73.95 and its 200 day moving average is $67.17.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 earnings per share 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 company had revenue of $20.49 billion for the quarter, compared to analysts’ expectations of $21.35 billion. During the same quarter in the previous year, the firm posted $0.70 earnings per share. Archer Daniels Midland’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. Sell-side analysts forecast that Archer Daniels Midland Company will post 4.43 EPS for the current year.

Archer Daniels Midland Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Archer Daniels Midland’s payout ratio is currently 93.27%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Morgan Stanley upped their price target on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Jefferies Financial Group upped their price target on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a report on Monday, April 6th. JPMorgan Chase & Co. upped their price target on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Monday, April 6th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $63.00 price target on shares of Archer Daniels Midland in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Archer Daniels Midland currently has a consensus rating of “Hold” and an average price target of $74.50.

Insider Buying and Selling at Archer Daniels Midland

In related news, SVP Gregory A. Morris sold 50,000 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $68.48, for a total value of $3,424,000.00. Following the sale, the senior vice president owned 300,122 shares of the company’s stock, valued at $20,552,354.56. The trade was a 14.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Ian R. Pinner sold 34,106 shares of the business’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $71.53, for a total transaction 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 approximately $6,486,054.28. This represents a 27.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.60% of the company’s stock.

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.