Jennifer Weber Sells 25,000 Shares of Archer Daniels Midland (NYSE:ADM) Stock

Archer Daniels Midland Company (NYSE:ADM) SVP Jennifer Weber sold 25,000 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $67.04, for a total transaction of $1,676,000.00. Following the completion of the transaction, the senior vice president owned 123,668 shares in the company, valued at approximately $8,290,702.72. The trade was a 16.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Archer Daniels Midland Stock Down 1.5%

Shares of Archer Daniels Midland stock opened at $67.84 on Friday. The company has a 50-day simple moving average of $63.74 and a two-hundred day simple moving average of $61.59. The stock has a market capitalization of $32.64 billion, a PE ratio of 30.56, a price-to-earnings-growth ratio of 0.92 and a beta of 0.71. Archer Daniels Midland Company has a 52-week low of $40.98 and a 52-week high of $70.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.92 and a current ratio of 1.37.

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

Archer Daniels Midland Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 3.1%. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Tuesday, February 17th. Archer Daniels Midland’s payout ratio is 93.69%.

Institutional Investors Weigh In On Archer Daniels Midland

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in Archer Daniels Midland by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 59,180,117 shares of the company’s stock valued at $3,402,265,000 after purchasing an additional 536,265 shares in the last quarter. State Street Corp lifted its position in shares of Archer Daniels Midland by 0.7% during the 2nd quarter. State Street Corp now owns 34,617,404 shares of the company’s stock valued at $1,827,107,000 after buying an additional 223,716 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Archer Daniels Midland by 2.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 18,829,140 shares of the company’s stock valued at $1,082,487,000 after acquiring an additional 449,815 shares during the period. Dodge & Cox increased its holdings in Archer Daniels Midland by 13.4% in the 4th quarter. Dodge & Cox now owns 17,084,645 shares of the company’s stock worth $982,196,000 after acquiring an additional 2,016,101 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in Archer Daniels Midland by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 12,628,065 shares of the company’s stock worth $723,175,000 after acquiring an additional 109,556 shares during the period. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ADM. JPMorgan Chase & Co. upped their target price on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a research note on Wednesday, February 4th. BMO Capital Markets restated a “market perform” rating and set a $63.00 price objective on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. UBS Group reaffirmed a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. Zacks Research raised Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Finally, Barclays raised their price target on Archer Daniels Midland from $61.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Thursday. One analyst has rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $58.00.

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.