Hsbc Holdings PLC Sells 9,092 Shares of Archer Daniels Midland Company $ADM

Hsbc Holdings PLC lowered its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 1.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 805,276 shares of the company’s stock after selling 9,092 shares during the quarter. Hsbc Holdings PLC owned about 0.17% of Archer Daniels Midland worth $46,331,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of Archer Daniels Midland by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 59,180,117 shares of the company’s stock worth $3,402,265,000 after buying an additional 536,265 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Archer Daniels Midland by 2.4% during the fourth 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 boosted its holdings in Archer Daniels Midland by 13.4% during the fourth quarter. Dodge & Cox now owns 17,084,645 shares of the company’s stock valued at $982,196,000 after acquiring an additional 2,016,101 shares during the period. Geode Capital Management LLC grew its position in shares of Archer Daniels Midland by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 12,628,065 shares of the company’s stock valued at $723,175,000 after purchasing an additional 109,556 shares during the last quarter. Finally, Northern Trust Corp increased its stake in shares of Archer Daniels Midland by 5.7% in the fourth quarter. Northern Trust Corp now owns 11,431,704 shares of the company’s stock worth $657,209,000 after purchasing an additional 612,974 shares during the period. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer Daniels Midland Price Performance

NYSE:ADM opened at $76.77 on Monday. Archer Daniels Midland Company has a 52 week low of $52.23 and a 52 week high of $85.37. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31. The company has a market capitalization of $37.00 billion, a price-to-earnings ratio of 34.43 and a beta of 0.62. The company has a 50-day moving average of $77.98 and a 200-day moving average of $70.64.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 earnings per share 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 company had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $21.35 billion. During the same period in the previous year, the business earned $0.70 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, equities research analysts anticipate that Archer Daniels Midland Company will post 4.47 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

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

Analyst Ratings Changes

Several analysts recently weighed in on ADM shares. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Monday, April 20th. UBS Group boosted their target price on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Jefferies Financial Group raised their price target on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research report on Monday, April 6th. 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. Finally, Zacks Research lowered Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $75.33.

Archer Daniels Midland 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.