Wealth Enhancement Advisory Services LLC Acquires 9,732 Shares of Archer Daniels Midland Company $ADM

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Archer Daniels Midland Company (NYSE:ADMFree Report) by 18.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,523 shares of the company’s stock after purchasing an additional 9,732 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Archer Daniels Midland were worth $3,847,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Trust Co. of Vermont lifted its position in Archer Daniels Midland by 367.0% during the third quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock valued at $30,000 after purchasing an additional 400 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of Archer Daniels Midland by 313.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after buying an additional 386 shares during the last quarter. Hager Investment Management Services LLC raised 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 buying an additional 284 shares in the last quarter. Caldwell Trust Co raised its position in shares of Archer Daniels Midland by 44.7% during the 3rd quarter. Caldwell Trust Co now owns 647 shares of the company’s stock valued at $39,000 after buying an additional 200 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of Archer Daniels Midland during the 2nd quarter worth $36,000. 78.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Morgan Stanley lowered shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and cut their target price for the stock from $57.00 to $50.00 in a research report on Tuesday, December 16th. Barclays lifted their price target on Archer Daniels Midland from $61.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 19th. BMO Capital Markets reiterated a “market perform” rating and issued a $63.00 price objective on shares of Archer Daniels Midland in a report on Wednesday, February 4th. UBS Group reissued a “buy” rating on shares of Archer Daniels Midland in a report on Monday, December 15th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Archer Daniels Midland presently has a consensus rating of “Reduce” and an average target price of $58.57.

Check Out Our Latest Analysis on Archer Daniels Midland

Insider Buying and Selling

In other news, SVP Jennifer L. Weber sold 25,000 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $67.04, for a total transaction of $1,676,000.00. Following the completion of the sale, the senior vice president owned 123,668 shares of the company’s stock, valued at approximately $8,290,702.72. This represents a 16.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Ian R. Pinner sold 34,106 shares of Archer Daniels Midland 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 transaction, the senior vice president directly owned 90,676 shares in the company, valued at approximately $6,486,054.28. The trade was a 27.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 109,106 shares of company stock valued at $7,539,602 over the last quarter. Company insiders own 0.70% of the company’s stock.

Archer Daniels Midland Price Performance

Shares of NYSE:ADM opened at $71.70 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 0.29. The stock has a market cap of $34.55 billion, a PE ratio of 32.30, a PEG ratio of 0.88 and a beta of 0.68. The company’s fifty day moving average is $68.65 and its 200 day moving average is $63.18. Archer Daniels Midland Company has a 52 week low of $40.98 and a 52 week high of $74.19.

Archer Daniels Midland (NYSE:ADMGet Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.07. The business had revenue of $18.56 billion during the quarter, compared to analyst estimates of $21.03 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.39%. The company’s revenue was down 13.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.14 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. Research analysts anticipate that Archer Daniels Midland Company will post 4.31 earnings per share for the current year.

Archer Daniels Midland Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 2.9%. The ex-dividend date was Tuesday, February 17th. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.51. Archer Daniels Midland’s dividend payout ratio is 93.69%.

About Archer Daniels Midland

(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.

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

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