Fjarde AP Fonden Fourth Swedish National Pension Fund Increases Position in Archer Daniels Midland Company $ADM

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in Archer Daniels Midland Company (NYSE:ADM) by 66.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 112,193 shares of the company’s stock after acquiring an additional 44,950 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Archer Daniels Midland were worth $8,155,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Woodline Partners LP boosted its position in Archer Daniels Midland by 40.8% in the first quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock worth $1,941,000 after purchasing an additional 11,715 shares during the last quarter. Daiwa Securities Group Inc. increased its position in shares of Archer Daniels Midland by 5.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 83,983 shares of the company’s stock valued at $4,433,000 after purchasing an additional 4,224 shares during the last quarter. Sei Investments Co. raised its stake in shares of Archer Daniels Midland by 40.0% during the 2nd quarter. Sei Investments Co. now owns 191,633 shares of the company’s stock worth $10,116,000 after purchasing an additional 54,746 shares during the period. Glenview Trust co bought a new stake in shares of Archer Daniels Midland during the 2nd quarter worth $203,000. Finally, Treasurer of the State of North Carolina grew its position in Archer Daniels Midland by 2.3% during the second quarter. Treasurer of the State of North Carolina now owns 223,280 shares of the company’s stock valued at $11,785,000 after buying an additional 5,051 shares during the period. 78.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ADM has been the topic of several research reports. Zacks Research lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. JPMorgan Chase & Co. increased their target price on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a report on Monday, April 20th. Finally, Barclays increased their price objective on Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $75.33.

Archer Daniels Midland Stock Down 0.0%

Archer Daniels Midland stock opened at $76.77 on Monday. The firm has a 50 day simple moving average of $77.98 and a 200 day simple moving average of $70.64. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28. Archer Daniels Midland Company has a 1-year low of $52.23 and a 1-year high of $85.37. The firm has a market capitalization of $37.00 billion, a price-to-earnings ratio of 34.43 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM) last posted its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.05. The firm had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, analysts predict that Archer Daniels Midland Company will post 4.47 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors 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 dividend on an annualized basis and a yield of 2.7%. Archer Daniels Midland’s dividend payout ratio is 93.27%.

Archer Daniels Midland Company Profile

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.