SEB Asset Management AB Acquires New Stake in Archer Daniels Midland Company $ADM

SEB Asset Management AB purchased a new position in Archer Daniels Midland Company (NYSE:ADM) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 172,143 shares of the company’s stock, valued at approximately $12,513,000.

Several other institutional investors also recently bought and sold shares of ADM. Norges Bank purchased a new position in Archer Daniels Midland in the fourth quarter worth about $402,743,000. Northwestern Mutual Wealth Management Co. raised its holdings in Archer Daniels Midland by 3,379.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,761,397 shares of the company’s stock worth $316,525,000 after acquiring an additional 5,595,801 shares during the last quarter. Victory Capital Management Inc. lifted its position in Archer Daniels Midland by 831.3% in the 4th quarter. Victory Capital Management Inc. now owns 5,592,030 shares of the company’s stock valued at $321,486,000 after acquiring an additional 4,991,550 shares in the last quarter. Dodge & Cox lifted its position in Archer Daniels Midland by 13.4% in the 4th quarter. Dodge & Cox now owns 17,084,645 shares of the company’s stock valued at $982,196,000 after acquiring an additional 2,016,101 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its stake in Archer Daniels Midland by 176.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,967,471 shares of the company’s stock valued at $117,537,000 after purchasing an additional 1,256,596 shares during the last quarter. 78.28% of the stock is owned by hedge funds and other institutional investors.

Archer Daniels Midland Price Performance

Shares of NYSE:ADM opened at $85.71 on Tuesday. The firm has a market cap of $41.31 billion, a price-to-earnings ratio of 38.43 and a beta of 0.62. The firm has a fifty day moving average price of $79.44 and a 200 day moving average price of $72.46. Archer Daniels Midland Company has a fifty-two week low of $52.96 and a fifty-two week high of $86.20. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31.

Archer Daniels Midland (NYSE:ADM) last posted its 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 company had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, sell-side analysts expect that Archer Daniels Midland Company will post 4.71 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a $0.52 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a yield of 2.4%. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.27%.

Analyst Ratings Changes

Several research firms have recently weighed in on ADM. Barclays boosted their price target on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Jefferies Financial Group raised their price target on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a report on Monday, April 6th. Zacks Research cut shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a report on Friday. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Archer Daniels Midland has a consensus rating of “Reduce” and an average price target of $75.67.

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.