Archer Daniels Midland Company $ADM Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp grew its stake in Archer Daniels Midland Company (NYSE:ADM) by 3.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,018,481 shares of the company’s stock after buying an additional 96,504 shares during the period. Bank of New York Mellon Corp’s holdings in Archer Daniels Midland were worth $173,532,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ADM. Woodline Partners LP boosted its stake in Archer Daniels Midland by 40.8% during the 1st quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock worth $1,941,000 after purchasing an additional 11,715 shares during the period. Daiwa Securities Group Inc. boosted its stake in Archer Daniels Midland by 5.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 83,983 shares of the company’s stock worth $4,433,000 after purchasing an additional 4,224 shares during the period. Sei Investments Co. boosted its stake in Archer Daniels Midland by 40.0% during the 2nd quarter. Sei Investments Co. now owns 191,633 shares of the company’s stock worth $10,116,000 after purchasing an additional 54,746 shares during the period. Glenview Trust co acquired a new stake in Archer Daniels Midland during the 2nd quarter worth $203,000. Finally, Treasurer of the State of North Carolina raised its position in Archer Daniels Midland by 2.3% during the 2nd quarter. Treasurer of the State of North Carolina now owns 223,280 shares of the company’s stock worth $11,785,000 after buying an additional 5,051 shares during the last quarter. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

Shares of ADM opened at $81.18 on Friday. The company has a 50-day simple moving average of $75.31 and a 200-day simple moving average of $68.05. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $39.13 billion, a PE ratio of 36.40 and a beta of 0.60. Archer Daniels Midland Company has a 52-week low of $47.25 and a 52-week high of $85.37.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $20.49 billion during the quarter, compared to the consensus estimate 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 revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Equities research analysts predict that Archer Daniels Midland Company will post 4.43 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.27%.

Insider Transactions at Archer Daniels Midland

In other news, SVP Gregory A. Morris sold 50,000 shares of the stock in a transaction dated Tuesday, March 10th. The shares were 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 owned 300,122 shares in the company, valued at $20,552,354.56. This trade represents a 14.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Ian R. Pinner sold 34,106 shares of the firm’s stock in a transaction dated Friday, March 13th. The shares were 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 $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. Company insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ADM shares. UBS Group upped their price objective on shares of Archer Daniels Midland from $70.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Morgan Stanley upped their price objective on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. upped their price objective on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 6th. Barclays upped their price objective on shares of 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. Finally, Jefferies Financial Group upped their price objective on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Archer Daniels Midland presently has an average rating of “Hold” and an average target price of $74.50.

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.