Sound Financial Strategies Group LLC Acquires New Shares in Archer Daniels Midland Company $ADM

Sound Financial Strategies Group LLC acquired a new stake in Archer Daniels Midland Company (NYSE:ADM) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 9,794 shares of the company’s stock, valued at approximately $563,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ADM. AlphaQuest LLC bought a new stake in shares of Archer Daniels Midland in the third quarter worth about $1,332,000. Allstate Corp bought a new stake in shares of Archer Daniels Midland in the third quarter worth about $1,044,000. Allianz Asset Management GmbH increased its holdings in shares of Archer Daniels Midland by 45.8% in the third quarter. Allianz Asset Management GmbH now owns 872,406 shares of the company’s stock worth $52,118,000 after acquiring an additional 273,930 shares in the last quarter. NEOS Investment Management LLC increased its holdings in shares of Archer Daniels Midland by 38.1% in the third quarter. NEOS Investment Management LLC now owns 66,313 shares of the company’s stock worth $3,962,000 after acquiring an additional 18,287 shares in the last quarter. Finally, Convergence Investment Partners LLC bought a new stake in shares of Archer Daniels Midland in the third quarter worth about $1,466,000. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

Shares of NYSE ADM opened at $77.70 on Friday. The stock has a 50 day moving average price of $70.72 and a 200 day moving average price of $65.09. Archer Daniels Midland Company has a 52 week low of $46.81 and a 52 week high of $81.75. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.83 and a current ratio of 1.31. The stock has a market capitalization of $37.45 billion, a PE ratio of 34.84 and a beta of 0.59.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $20.49 billion during the quarter, compared to analysts’ expectations of $21.35 billion. During the same period in the prior year, the firm posted $0.70 earnings per share. The business’s quarterly revenue 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. Analysts predict that Archer Daniels Midland Company will post 4.49 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ADM. Morgan Stanley increased their price target on Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a report on Wednesday. UBS Group boosted their price target on Archer Daniels Midland from $70.00 to $90.00 and gave the company a “buy” rating in a report on Thursday. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. Barclays upped their price objective on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Finally, Jefferies Financial Group upped their price objective on Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $74.50.

Insider Activity at Archer Daniels Midland

In other Archer Daniels Midland news, SVP Gregory A. Morris sold 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $68.48, for a total value of $3,424,000.00. Following the sale, the senior vice president owned 300,122 shares in the company, valued at $20,552,354.56. This represents a 14.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Jennifer L. Weber sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $67.04, for a total value of $1,676,000.00. Following the completion of the sale, the senior vice president owned 123,668 shares in the company, valued at $8,290,702.72. This represents a 16.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 109,106 shares of company stock valued at $7,539,602. Insiders own 0.60% of the company’s stock.

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.