Oxbow Advisors LLC Acquires New Shares in Archer Daniels Midland Company $ADM

Oxbow Advisors LLC bought a new position in shares of Archer Daniels Midland Company (NYSE:ADMFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 54,321 shares of the company’s stock, valued at approximately $3,123,000.

A number of other large investors have also recently made changes to their positions in ADM. NewEdge Wealth LLC purchased a new position in shares of Archer Daniels Midland in the fourth quarter valued at $487,000. Crossmark Global Holdings Inc. lifted its holdings in Archer Daniels Midland by 7.2% during the 4th quarter. Crossmark Global Holdings Inc. now owns 67,025 shares of the company’s stock worth $3,853,000 after purchasing an additional 4,483 shares in the last quarter. Sound Financial Strategies Group LLC bought a new position in Archer Daniels Midland in the 4th quarter worth about $563,000. ASR Vermogensbeheer N.V. grew its holdings in Archer Daniels Midland by 6.4% during the 4th quarter. ASR Vermogensbeheer N.V. now owns 177,633 shares of the company’s stock valued at $10,212,000 after buying an additional 10,750 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its holdings in Archer Daniels Midland by 10.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 21,278 shares of the company’s stock valued at $1,223,000 after buying an additional 1,940 shares in the last quarter. 78.28% of the stock is owned by institutional investors.

Archer Daniels Midland Stock Up 0.2%

ADM stock opened at $77.70 on Friday. The company’s 50 day moving average is $70.72 and its 200 day moving average is $65.09. The stock has a market cap of $37.45 billion, a price-to-earnings ratio of 34.84 and a beta of 0.59. The company has a current ratio of 1.31, a quick ratio of 0.83 and a debt-to-equity ratio of 0.28. Archer Daniels Midland Company has a 1-year low of $46.81 and a 1-year high of $81.75.

Archer Daniels Midland (NYSE:ADMGet Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $20.49 billion during the quarter, compared to analysts’ expectations of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Sell-side analysts predict that Archer Daniels Midland Company will post 4.43 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be given a dividend of $0.52 per share. The ex-dividend date is Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a yield of 2.7%. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.27%.

Insiders Place Their Bets

In other news, SVP Gregory A. Morris sold 50,000 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $68.48, for a total value of $3,424,000.00. Following the completion of the transaction, the senior vice president directly owned 300,122 shares in the company, valued at approximately $20,552,354.56. This represents a 14.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jennifer L. Weber sold 25,000 shares of the firm’s stock in a transaction dated 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 directly owned 123,668 shares in the company, valued at approximately $8,290,702.72. This represents a 16.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 109,106 shares of company stock valued at $7,539,602 over the last 90 days. Insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on ADM shares. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Monday, April 20th. Jefferies Financial Group increased their target price on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research note on Monday, April 6th. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Monday, April 6th. Barclays upped their price target on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, UBS Group increased their price objective on Archer Daniels Midland from $70.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday. 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $74.50.

Get Our Latest Stock Report on ADM

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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