Archer Daniels Midland Company $ADM Position Increased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. boosted its holdings in Archer Daniels Midland Company (NYSE:ADM) by 1,542.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 397,444 shares of the company’s stock after buying an additional 373,241 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Archer Daniels Midland were worth $22,849,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Woodline Partners LP grew its holdings in shares of Archer Daniels Midland by 40.8% in the 1st quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock worth $1,941,000 after acquiring an additional 11,715 shares during the last quarter. Coldstream Capital Management Inc. lifted its holdings in shares of Archer Daniels Midland by 14.0% during the second quarter. Coldstream Capital Management Inc. now owns 6,524 shares of the company’s stock valued at $344,000 after purchasing an additional 800 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Archer Daniels Midland by 42.0% during the second quarter. Advisors Asset Management Inc. now owns 42,935 shares of the company’s stock valued at $2,266,000 after purchasing an additional 12,709 shares during the last quarter. J.W. Cole Advisors Inc. boosted its position in shares of Archer Daniels Midland by 6.4% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 43,774 shares of the company’s stock valued at $2,310,000 after purchasing an additional 2,621 shares during the period. Finally, Country Trust Bank increased its stake in Archer Daniels Midland by 166.0% in the 2nd quarter. Country Trust Bank now owns 1,117 shares of the company’s stock worth $59,000 after purchasing an additional 697 shares in the last quarter. Institutional investors and hedge funds own 78.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on ADM shares. Barclays upped their price objective on shares of Archer Daniels Midland from $61.00 to $68.00 and gave the company an “equal weight” rating in a research note on Thursday, February 19th. Zacks Research upgraded shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $63.00 price objective on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. JPMorgan Chase & Co. lifted their price objective on shares of Archer Daniels Midland from $61.00 to $65.00 and gave the stock an “underweight” rating in a research report on Tuesday. Finally, Morgan Stanley downgraded shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and cut their target price for the company from $57.00 to $50.00 in a research note on Tuesday, December 16th. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $58.57.

Insider Activity at Archer Daniels Midland

In other news, Director David R. Mcatee II acquired 7,500 shares of Archer Daniels Midland stock in a transaction that occurred on Thursday, February 5th. The stock was purchased at an average price of $64.90 per share, with a total value of $486,750.00. Following the completion of the transaction, the director owned 7,500 shares in the company, valued at approximately $486,750. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Jennifer L. 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 value of $1,676,000.00. Following the completion of the transaction, the senior vice president directly owned 123,668 shares in the company, valued at approximately $8,290,702.72. The trade was a 16.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 109,106 shares of company stock valued at $7,539,602. Insiders own 1.20% of the company’s stock.

Archer Daniels Midland Price Performance

Shares of ADM opened at $72.26 on Friday. The company has a market capitalization of $34.77 billion, a price-to-earnings ratio of 32.55, a P/E/G ratio of 0.90 and a beta of 0.68. Archer Daniels Midland Company has a fifty-two week low of $40.98 and a fifty-two week high of $73.72. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.83. The business’s 50-day moving average is $68.38 and its 200-day moving average is $63.02.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, topping 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 business had revenue of $18.56 billion during the quarter, compared to analysts’ expectations of $21.03 billion. During the same period last year, the company posted $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. Equities research analysts expect that Archer Daniels Midland Company will post 4.31 EPS 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. Shareholders of record on Tuesday, February 17th were paid a dividend of $0.52 per share. This is an increase from Archer Daniels Midland’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.9%. Archer Daniels Midland’s dividend payout ratio (DPR) is 93.69%.

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.