State of Alaska Department of Revenue Purchases 8,705 Shares of Archer Daniels Midland Company $ADM

State of Alaska Department of Revenue boosted its stake in Archer Daniels Midland Company (NYSE:ADM) by 16.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,353 shares of the company’s stock after purchasing an additional 8,705 shares during the quarter. State of Alaska Department of Revenue’s holdings in Archer Daniels Midland were worth $3,469,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in ADM. Toth Financial Advisory Corp bought a new position in Archer Daniels Midland in the 4th quarter worth about $25,000. Trust Co. of Vermont boosted its stake in Archer Daniels Midland by 367.0% in the 3rd quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock worth $30,000 after purchasing an additional 400 shares during the period. Caitong International Asset Management Co. Ltd boosted its stake in Archer Daniels Midland by 313.8% in the 3rd 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 boosted its stake in Archer Daniels Midland by 113.6% in the 3rd quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock worth $32,000 after purchasing an additional 284 shares during the period. Finally, Caldwell Trust Co boosted its stake in Archer Daniels Midland by 44.7% in the 3rd quarter. Caldwell Trust Co now owns 647 shares of the company’s stock worth $39,000 after purchasing an additional 200 shares during the period. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

Shares of NYSE ADM opened at $68.62 on Friday. The stock has a market cap of $33.07 billion, a price-to-earnings ratio of 30.91, a P/E/G ratio of 0.82 and a beta of 0.65. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 0.29. Archer Daniels Midland Company has a 1-year low of $46.41 and a 1-year high of $74.19. The stock’s 50-day moving average is $69.67 and its 200 day moving average is $64.06.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.07. The company had revenue of $18.56 billion for the quarter, compared to analysts’ expectations of $21.03 billion. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.Archer Daniels Midland’s revenue for the quarter was down 13.7% compared to the same quarter last year. During the same period last year, the firm posted $1.14 EPS. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. On average, sell-side analysts anticipate that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were issued a dividend of $0.52 per share. 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 3.0%. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.51. Archer Daniels Midland’s payout ratio is 93.69%.

Insider Transactions at Archer Daniels Midland

In other news, Director David R. Mcatee II acquired 7,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were bought at an average cost of $64.90 per share, with a total value of $486,750.00. Following the acquisition, the director owned 7,500 shares in the company, valued at approximately $486,750. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Ian R. Pinner sold 34,106 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $71.53, for a total value of $2,439,602.18. Following the transaction, the senior vice president owned 90,676 shares in the company, valued at approximately $6,486,054.28. The trade was a 27.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 109,106 shares of company stock valued at $7,539,602. 0.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have commented on ADM shares. JPMorgan Chase & Co. raised their target price on Archer Daniels Midland from $61.00 to $65.00 and gave the stock an “underweight” rating in a research note on Tuesday, March 24th. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. Barclays raised their target price on Archer Daniels Midland from $68.00 to $77.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 1st. Jefferies Financial Group raised 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. Finally, Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Monday, April 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $63.86.

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.