AIA Group Ltd Has $3.25 Million Stake in Archer Daniels Midland Company $ADM

AIA Group Ltd boosted its holdings in Archer Daniels Midland Company (NYSE:ADM) by 60.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 54,427 shares of the company’s stock after acquiring an additional 20,530 shares during the quarter. AIA Group Ltd’s holdings in Archer Daniels Midland were worth $3,251,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Trust Co. of Vermont raised its position in shares of Archer Daniels Midland by 367.0% during the 3rd quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock valued at $30,000 after acquiring an additional 400 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of Archer Daniels Midland by 313.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after purchasing an additional 386 shares during the period. Hager Investment Management Services LLC increased its holdings in Archer Daniels Midland by 113.6% in the third quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock valued at $32,000 after purchasing an additional 284 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in Archer Daniels Midland in the second quarter valued at about $36,000. Finally, Evelyn Partners Investment Management Services Ltd bought a new position in Archer Daniels Midland during the second quarter worth about $37,000. Institutional investors and hedge funds own 78.28% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ADM shares. Morgan Stanley lowered Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and decreased their target price for the stock from $57.00 to $50.00 in a research report on Tuesday, December 16th. Barclays lifted their price objective on shares of Archer Daniels Midland from $61.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 19th. JPMorgan Chase & Co. increased their target price on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the stock an “underweight” rating in a report on Wednesday, February 4th. Zacks Research raised shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Archer Daniels Midland currently has an average rating of “Reduce” and an average price target of $58.00.

Insider Transactions at Archer Daniels Midland

In other news, SVP Ian R. Pinner sold 34,106 shares of the company’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $71.53, for a total transaction of $2,439,602.18. Following the completion of the transaction, the senior vice president directly owned 90,676 shares of the company’s stock, valued at $6,486,054.28. This represents a 27.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jennifer L. Weber sold 25,000 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $67.04, for a total value of $1,676,000.00. Following the transaction, the senior vice president owned 123,668 shares of the company’s stock, valued at approximately $8,290,702.72. The trade was a 16.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 109,106 shares of company stock worth $7,539,602 in the last 90 days. Company insiders own 1.20% of the company’s stock.

Archer Daniels Midland Stock Performance

Shares of ADM stock opened at $68.58 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.83 and a current ratio of 1.37. Archer Daniels Midland Company has a 52 week low of $40.98 and a 52 week high of $73.72. The company’s 50 day moving average price is $67.76 and its two-hundred day moving average price is $62.76. The company has a market capitalization of $33.00 billion, a P/E ratio of 30.89, a price-to-earnings-growth ratio of 0.89 and a beta of 0.68.

Archer Daniels Midland (NYSE:ADM) last released 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 analysts’ expectations of $21.03 billion. During the same quarter in the prior year, the company earned $1.14 earnings per share. The business’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 expect that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Tuesday, February 17th. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.69%.

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.