National Pension Service Sells 29,129 Shares of Archer Daniels Midland Company $ADM

National Pension Service decreased its holdings in Archer Daniels Midland Company (NYSE:ADM) by 3.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 955,109 shares of the company’s stock after selling 29,129 shares during the quarter. National Pension Service’s holdings in Archer Daniels Midland were worth $72,970,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in ADM. Quadrant Capital Group LLC increased its stake in Archer Daniels Midland by 0.6% in the fourth quarter. Quadrant Capital Group LLC now owns 23,166 shares of the company’s stock valued at $1,332,000 after acquiring an additional 146 shares during the period. Atlantic Union Bankshares Corp lifted its stake in Archer Daniels Midland by 5.1% during the fourth quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company’s stock worth $180,000 after purchasing an additional 153 shares during the period. Summit Financial LLC boosted its holdings in Archer Daniels Midland by 0.9% during the fourth quarter. Summit Financial LLC now owns 16,947 shares of the company’s stock valued at $974,000 after purchasing an additional 153 shares in the last quarter. QRG Capital Management Inc. grew its stake in shares of Archer Daniels Midland by 0.8% in the 1st quarter. QRG Capital Management Inc. now owns 20,648 shares of the company’s stock valued at $1,501,000 after purchasing an additional 164 shares during the period. Finally, Midwest Trust Co grew its stake in shares of Archer Daniels Midland by 4.3% in the 1st quarter. Midwest Trust Co now owns 4,009 shares of the company’s stock valued at $291,000 after purchasing an additional 167 shares during the period. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer Daniels Midland Stock Down 0.4%

Shares of ADM opened at $86.57 on Friday. The company has a market capitalization of $41.72 billion, a P/E ratio of 23.72, a PEG ratio of 2.65 and a beta of 0.62. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. Archer Daniels Midland Company has a one year low of $55.58 and a one year high of $88.75. The business’s 50 day simple moving average is $81.89 and its 200-day simple moving average is $76.91.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.35. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The firm had revenue of $22.68 billion during the quarter, compared to analysts’ expectations of $22.75 billion. During the same period last year, the firm posted $0.93 EPS. The business’s revenue was up 7.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, sell-side analysts predict that Archer Daniels Midland Company will post 5.46 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were paid a $0.52 dividend. The ex-dividend date was Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.4%. Archer Daniels Midland’s dividend payout ratio (DPR) is 56.99%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ADM. Barclays raised their target price on Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 5th. Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. Morgan Stanley raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $60.00 to $79.00 in a report on Wednesday, August 5th. UBS Group boosted their target price on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Finally, Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $79.67.

Archer Daniels Midland Profile

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company. Founded in 1902, ADM connects farmers and agricultural markets with food, beverage, animal nutrition and industrial customers by sourcing, transporting, storing and processing crops and other agricultural commodities.

The company’s operations include the processing of oilseeds such as soybeans, canola and sunflower seeds into vegetable oils, protein meals and other ingredients. ADM also produces corn and wheat-based sweeteners, starches, flours, fibers and other carbohydrate products, along with plant-based proteins, flavors, emulsifiers and specialty ingredients used in food and beverage manufacturing.

ADM serves customers in markets around the world through its agricultural services, commodity merchandising, transportation, processing and storage networks.