Moneta Group Investment Advisors LLC Has $194.21 Million Holdings in Archer Daniels Midland Company $ADM

Moneta Group Investment Advisors LLC cut its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 0.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,250,918 shares of the company’s stock after selling 23,687 shares during the quarter. Archer Daniels Midland accounts for 1.5% of Moneta Group Investment Advisors LLC’s holdings, making the stock its 12th largest position. Moneta Group Investment Advisors LLC owned 0.68% of Archer Daniels Midland worth $194,210,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Trust Co. of Vermont increased its stake in Archer Daniels Midland by 367.0% during the 3rd quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock worth $30,000 after acquiring an additional 400 shares during the period. Hager Investment Management Services LLC lifted its position in shares of Archer Daniels Midland by 113.6% during the 3rd 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 period. Elevation Point Wealth Partners LLC bought a new stake in shares of Archer Daniels Midland during the 2nd quarter valued at $36,000. Evelyn Partners Investment Management Services Ltd acquired a new stake in shares of Archer Daniels Midland during the 2nd quarter worth $37,000. Finally, Vermillion & White Wealth Management Group LLC increased its position in shares of Archer Daniels Midland by 61.2% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 698 shares of the company’s stock worth $37,000 after purchasing an additional 265 shares during the period. 78.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ADM has been the subject of several recent analyst reports. BMO Capital Markets reaffirmed a “market perform” rating and set a $63.00 price objective on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. JPMorgan Chase & Co. raised their target price on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a report on Wednesday, February 4th. Barclays boosted 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 reiterated a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $58.00.

Archer Daniels Midland Stock Down 1.7%

Shares of NYSE ADM opened at $70.79 on Tuesday. The company has a market cap of $34.06 billion, a price-to-earnings ratio of 31.89, a PEG ratio of 0.96 and a beta of 0.68. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 0.29. Archer Daniels Midland Company has a 12 month low of $40.98 and a 12 month high of $73.72. The stock has a 50-day moving average price of $67.13 and a two-hundred day moving average price of $62.59.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.07. The company had revenue of $18.56 billion for the quarter, compared to the consensus estimate of $21.03 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.39%. The firm’s quarterly revenue was down 13.7% compared to the same quarter last year. During the same period last year, the company posted $1.14 EPS. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. As a group, analysts forecast 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 announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were given a $0.52 dividend. This is an increase from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio (DPR) is 93.69%.

Insiders Place Their Bets

In related news, SVP Gregory A. Morris sold 50,000 shares of the firm’s 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 sale, the senior vice president owned 300,122 shares of the company’s stock, valued at $20,552,354.56. This trade represents a 14.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director David R. Mcatee II acquired 7,500 shares of Archer Daniels Midland stock in a transaction that occurred on 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 transaction, the director directly owned 7,500 shares in the company, valued at $486,750. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.70% of the company’s stock.

About Archer Daniels Midland

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.