Sierra Summit Advisors LLC Purchases 9,188 Shares of Archer Daniels Midland Company $ADM

Sierra Summit Advisors LLC grew its position in Archer Daniels Midland Company (NYSE:ADM) by 39.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,465 shares of the company’s stock after acquiring an additional 9,188 shares during the quarter. Sierra Summit Advisors LLC’s holdings in Archer Daniels Midland were worth $1,866,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Atlantic Union Bankshares Corp increased its stake in Archer Daniels Midland by 5.1% in the 4th quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company’s stock worth $180,000 after acquiring an additional 153 shares during the last quarter. Brookstone Capital Management increased its stake in Archer Daniels Midland by 4.5% in the 4th quarter. Brookstone Capital Management now owns 3,555 shares of the company’s stock worth $204,000 after acquiring an additional 154 shares during the last quarter. Checchi Capital Advisers LLC increased its stake in Archer Daniels Midland by 2.6% in the 4th quarter. Checchi Capital Advisers LLC now owns 6,436 shares of the company’s stock worth $370,000 after acquiring an additional 161 shares during the last quarter. Tiemann Investment Advisors LLC increased its stake in Archer Daniels Midland by 4.5% in the 3rd quarter. Tiemann Investment Advisors LLC now owns 4,085 shares of the company’s stock worth $244,000 after acquiring an additional 175 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in Archer Daniels Midland by 5.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,679 shares of the company’s stock worth $212,000 after acquiring an additional 184 shares during the last quarter. Institutional investors own 78.28% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Gregory A. Morris sold 50,000 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $68.48, for a total transaction of $3,424,000.00. Following the completion of the transaction, the senior vice president owned 300,122 shares in the company, valued at $20,552,354.56. The trade was a 14.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Ian R. Pinner sold 34,106 shares of the business’s stock in a transaction on Friday, March 13th. The shares were 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 of the company’s stock, valued at approximately $6,486,054.28. The trade was a 27.33% decrease in their position. The SEC filing for this sale provides additional information. 0.60% of the stock is owned by insiders.

Archer Daniels Midland Stock Performance

NYSE ADM opened at $77.58 on Thursday. The company has a market cap of $37.39 billion, a P/E ratio of 34.79 and a beta of 0.59. 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 business’s 50 day moving average price is $72.92 and its 200-day moving average price is $66.24. Archer Daniels Midland Company has a fifty-two week low of $46.81 and a fifty-two week high of $83.10.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, beating 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 company’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Sell-side analysts predict that Archer Daniels Midland Company will post 4.43 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have issued reports on ADM. UBS Group lifted their price objective on Archer Daniels Midland from $70.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Monday, April 20th. Finally, Barclays boosted their target price on Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $74.50.

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.