Archer Daniels Midland (NYSE:ADM) Director David Mcatee II Buys 7,500 Shares

Archer Daniels Midland Company (NYSE:ADM) Director David Mcatee II bought 7,500 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were acquired at an average price of $64.90 per share, with a total value of $486,750.00. Following the transaction, the director owned 7,500 shares of the company’s stock, valued at $486,750. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Archer Daniels Midland Stock Up 1.5%

ADM stock opened at $67.30 on Tuesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 11.20 and a quick ratio of 0.92. The company’s 50 day simple moving average is $62.01 and its 200-day simple moving average is $60.79. Archer Daniels Midland Company has a 12 month low of $40.98 and a 12 month high of $69.75. The firm has a market capitalization of $32.34 billion, a PE ratio of 30.32, a P/E/G ratio of 0.89 and a beta of 0.71.

Archer Daniels Midland (NYSE:ADM) last posted its earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.07. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The firm had revenue of $18.56 billion for the quarter, compared to analyst estimates of $21.03 billion. During the same quarter in the prior year, the company earned $1.14 EPS. Archer Daniels Midland’s revenue was down 13.7% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. Equities analysts expect that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be issued a $0.52 dividend. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.51. The ex-dividend date is Tuesday, February 17th. This represents a $2.08 dividend on an annualized basis and a yield of 3.1%. Archer Daniels Midland’s payout ratio is currently 91.89%.

Hedge Funds Weigh In On Archer Daniels Midland

A number of large investors have recently modified their holdings of the company. Toth Financial Advisory Corp acquired a new stake in Archer Daniels Midland during the 4th quarter worth approximately $25,000. Trust Co. of Vermont grew its stake in Archer Daniels Midland by 367.0% during the third quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock worth $30,000 after buying an additional 400 shares during the period. Caitong International Asset Management Co. Ltd increased its position in shares of Archer Daniels Midland by 313.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after acquiring an additional 386 shares in the last quarter. Hager Investment Management Services LLC raised its stake in shares of Archer Daniels Midland by 113.6% in the 3rd quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock valued at $32,000 after acquiring an additional 284 shares during the period. Finally, Elyxium Wealth LLC purchased a new position in shares of Archer Daniels Midland in the 4th quarter valued at $31,000. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ADM has been the subject of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. JPMorgan Chase & Co. boosted their price target on Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a report on Wednesday, February 4th. UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a report on Monday, December 15th. Morgan Stanley lowered Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and dropped their target price for the company from $57.00 to $50.00 in a research note on Tuesday, December 16th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $63.00 target price on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Archer Daniels Midland has a consensus rating of “Reduce” and an average price target of $57.00.

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.