Heritage Investors Management Corp Sells 8,263 Shares of Archer Daniels Midland Company $ADM

Heritage Investors Management Corp lessened its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 5.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 142,359 shares of the company’s stock after selling 8,263 shares during the quarter. Heritage Investors Management Corp’s holdings in Archer Daniels Midland were worth $8,184,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Global Retirement Partners LLC boosted its position in shares of Archer Daniels Midland by 95.8% in the fourth quarter. Global Retirement Partners LLC now owns 6,501 shares of the company’s stock valued at $374,000 after acquiring an additional 3,180 shares during the period. Twin Capital Management Inc. increased its holdings in Archer Daniels Midland by 3.0% during the 4th quarter. Twin Capital Management Inc. now owns 26,185 shares of the company’s stock worth $1,505,000 after acquiring an additional 764 shares during the period. Mach 1 Financial Group LLC purchased a new stake in Archer Daniels Midland in the 4th quarter worth approximately $227,000. Hi Line Capital Management LLC lifted its stake in Archer Daniels Midland by 6.1% in the 4th quarter. Hi Line Capital Management LLC now owns 50,646 shares of the company’s stock worth $2,912,000 after purchasing an additional 2,891 shares in the last quarter. Finally, Sierra Summit Advisors LLC boosted its holdings in Archer Daniels Midland by 39.5% in the 4th quarter. Sierra Summit Advisors LLC now owns 32,465 shares of the company’s stock valued at $1,866,000 after purchasing an additional 9,188 shares during the period. 78.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ADM shares. Morgan Stanley lifted their price objective on Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Barclays upped their target price on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price target on Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, UBS Group lifted their target price on shares of Archer Daniels Midland from $70.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. One 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $74.50.

Insider Buying and Selling

In other Archer Daniels Midland news, SVP Ian R. Pinner sold 34,106 shares of Archer Daniels Midland 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 directly owned 90,676 shares of the company’s stock, valued at $6,486,054.28. The trade was a 27.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Gregory A. Morris sold 50,000 shares of Archer Daniels Midland 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 completion of the transaction, the senior vice president directly owned 300,122 shares in the company, valued at $20,552,354.56. This trade represents a 14.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.60% of the stock is owned by insiders.

Archer Daniels Midland Stock Performance

Shares of NYSE ADM opened at $77.18 on Friday. The stock has a market cap of $37.20 billion, a price-to-earnings ratio of 34.61 and a beta of 0.59. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28. Archer Daniels Midland Company has a 1-year low of $46.81 and a 1-year high of $83.10. The stock’s 50-day moving average is $73.08 and its 200 day moving average is $66.36.

Archer Daniels Midland (NYSE:ADM) last announced 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. The company had revenue of $20.49 billion for the quarter, compared to analysts’ expectations of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.Archer Daniels Midland’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period last year, the firm posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, sell-side analysts anticipate that Archer Daniels Midland Company will post 4.43 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

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

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.