Fideuram Intesa Sanpaolo Private Banking S.P.A. Reduces Stock Holdings in Archer Daniels Midland Company $ADM

Fideuram Intesa Sanpaolo Private Banking S.P.A. lessened its stake in Archer Daniels Midland Company (NYSE:ADMFree Report) by 6.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 159,138 shares of the company’s stock after selling 10,868 shares during the quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Archer Daniels Midland were worth $11,568,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Toth Financial Advisory Corp purchased a new stake in shares of Archer Daniels Midland during the fourth quarter valued at approximately $25,000. Motiv8 Investments LLC purchased a new position in shares of Archer Daniels Midland in the fourth quarter valued at $26,000. Sankala Group LLC acquired a new stake in Archer Daniels Midland during the 4th quarter valued at $28,000. Nalls Sherbakoff Group LLC purchased a new stake in Archer Daniels Midland during the 4th quarter worth $29,000. Finally, Global Trust Asset Management LLC purchased a new stake in Archer Daniels Midland during the 1st quarter worth $29,000. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

Shares of ADM stock opened at $76.77 on Friday. The company has a market cap of $37.00 billion, a P/E ratio of 34.43 and a beta of 0.62. The business has a 50 day moving average of $77.83 and a two-hundred day moving average of $70.52. Archer Daniels Midland Company has a 52 week low of $52.23 and a 52 week high of $85.37. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28.

Archer Daniels Midland (NYSE:ADMGet Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The business had revenue of $20.49 billion during the quarter, compared to analyst estimates of $21.35 billion. During the same quarter in the previous year, the firm posted $0.70 EPS. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, analysts anticipate that Archer Daniels Midland Company will post 4.47 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were issued a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $2.08 annualized dividend and a dividend yield of 2.7%. Archer Daniels Midland’s payout ratio is 93.27%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Wall Street Zen raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Morgan Stanley boosted their price target on Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Jefferies Financial Group increased their price target on Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a report on Monday, April 6th. Barclays raised their price objective on Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a report on Monday, April 20th. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $75.33.

Check Out Our Latest Research Report on Archer Daniels Midland

Archer Daniels Midland Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

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