MUFG Securities EMEA plc boosted its holdings in Archer Daniels Midland Company (NYSE:ADM – Free Report) by 114.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,719 shares of the company’s stock after purchasing an additional 10,523 shares during the quarter. MUFG Securities EMEA plc’s holdings in Archer Daniels Midland were worth $1,134,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Toth Financial Advisory Corp acquired a new stake in Archer Daniels Midland in the 4th quarter worth about $25,000. Caitong International Asset Management Co. Ltd raised its stake in 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 purchasing an additional 386 shares in the last quarter. Hager Investment Management Services LLC raised its stake in Archer Daniels Midland by 113.6% in the 3rd quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock worth $32,000 after purchasing an additional 284 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in Archer Daniels Midland in the 4th quarter worth about $31,000. Finally, Entrust Financial LLC acquired a new position in shares of Archer Daniels Midland in the 4th quarter valued at approximately $35,000. Institutional investors and hedge funds own 78.28% of the company’s stock.
Insider Buying and Selling
In related news, SVP Gregory A. Morris sold 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were 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 directly owned 300,122 shares in the company, valued at $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 is available through this hyperlink. Also, SVP Ian R. Pinner sold 34,106 shares of the company’s stock in a transaction that occurred 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 transaction, the senior vice president owned 90,676 shares of the company’s stock, valued at approximately $6,486,054.28. This represents a 27.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.60% of the stock is owned by corporate insiders.
Archer Daniels Midland Price Performance
Archer Daniels Midland (NYSE:ADM – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 earnings per share (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 firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Research analysts anticipate that Archer Daniels Midland Company will post 4.43 EPS for the current fiscal year.
Archer Daniels Midland Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio is currently 93.27%.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on ADM shares. Morgan Stanley boosted their target price on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. BMO Capital Markets restated a “market perform” rating and issued a $63.00 target price on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. Wall Street Zen upgraded shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $74.50.
Check Out Our Latest Stock Report on Archer Daniels Midland
Archer Daniels Midland Company 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.
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