Thompson Siegel & Walmsley LLC Reduces Position in Archer Daniels Midland Company $ADM

Thompson Siegel & Walmsley LLC trimmed its position in Archer Daniels Midland Company (NYSE:ADMFree Report) by 6.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 794,441 shares of the company’s stock after selling 56,865 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Archer Daniels Midland were worth $45,672,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp purchased a new stake in Archer Daniels Midland during the 4th quarter valued at $25,000. Caitong International Asset Management Co. Ltd increased its position in shares of Archer Daniels Midland by 313.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock valued at $30,000 after acquiring an additional 386 shares during the period. Hager Investment Management Services LLC raised its stake in shares of Archer Daniels Midland by 113.6% during the third quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock valued at $32,000 after acquiring an additional 284 shares during the last quarter. Elyxium Wealth LLC purchased a new stake in shares of Archer Daniels Midland during the fourth quarter worth about $31,000. Finally, Entrust Financial LLC bought a new stake in shares of Archer Daniels Midland in the fourth quarter worth about $35,000. 78.28% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Archer Daniels Midland news, SVP Gregory A. Morris sold 50,000 shares of Archer Daniels Midland stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $68.48, for a total transaction of $3,424,000.00. Following the completion of the transaction, the senior vice president owned 300,122 shares in the company, valued at approximately $20,552,354.56. The trade was a 14.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 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. This trade represents a 27.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

ADM has been the subject of a number of recent analyst reports. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. Barclays lifted their price objective on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $63.00 price target on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. Finally, Morgan Stanley lifted their price target on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $74.50.

Check Out Our Latest Report on Archer Daniels Midland

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $79.80 on Monday. Archer Daniels Midland Company has a 12 month low of $46.81 and a 12 month high of $83.10. The firm has a market capitalization of $38.46 billion, a P/E ratio of 35.79 and a beta of 0.60. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28. The business has a fifty day simple moving average of $73.95 and a two-hundred day simple moving average of $67.25.

Archer Daniels Midland (NYSE:ADMGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 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 quarter in the previous year, the firm posted $0.70 earnings per share. Archer Daniels Midland’s quarterly revenue 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, equities analysts forecast that Archer Daniels Midland Company will post 4.43 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently declared 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 is Wednesday, May 20th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Archer Daniels Midland’s dividend payout ratio is presently 93.27%.

Archer Daniels Midland Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

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