Waterloo Capital L.P. Takes Position in Archer Daniels Midland Company $ADM

Waterloo Capital L.P. purchased a new stake in Archer Daniels Midland Company (NYSE:ADM) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 6,473 shares of the company’s stock, valued at approximately $372,000.

A number of other institutional investors have also made changes to their positions in the company. Essex Financial Services Inc. increased its holdings in shares of Archer Daniels Midland by 74.6% in the 4th quarter. Essex Financial Services Inc. now owns 18,801 shares of the company’s stock valued at $1,081,000 after acquiring an additional 8,032 shares during the last quarter. MUFG Securities EMEA plc increased its holdings in shares of Archer Daniels Midland by 114.4% in the 4th quarter. MUFG Securities EMEA plc now owns 19,719 shares of the company’s stock valued at $1,134,000 after acquiring an additional 10,523 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of Archer Daniels Midland in the 4th quarter valued at approximately $216,000. Norges Bank bought a new stake in shares of Archer Daniels Midland in the 4th quarter valued at approximately $402,743,000. Finally, Eurizon Capital SGR S.p.A. bought a new stake in shares of Archer Daniels Midland in the 4th quarter valued at approximately $32,020,000. 78.28% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Archer Daniels Midland

In other news, SVP Ian R. Pinner sold 34,106 shares of the stock in a transaction 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 completion of the transaction, the senior vice president owned 90,676 shares of the company’s stock, valued at approximately $6,486,054.28. This represents a 27.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Gregory A. Morris sold 50,000 shares of the stock in a transaction 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 of the company’s stock, valued at approximately $20,552,354.56. The trade was a 14.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets reiterated a “market perform” rating and issued a $63.00 price target on shares of Archer Daniels Midland in a report on Wednesday, February 4th. Wall Street Zen upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. UBS Group boosted their price objective on Archer Daniels Midland from $70.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Monday, April 20th. Finally, JPMorgan Chase & Co. boosted their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Archer Daniels Midland has an average rating of “Hold” and an average price target of $74.50.

Archer Daniels Midland Trading Up 3.6%

NYSE:ADM opened at $82.61 on Tuesday. Archer Daniels Midland Company has a 12-month low of $46.81 and a 12-month high of $83.10. The firm has a market capitalization of $39.82 billion, a P/E ratio of 37.05 and a beta of 0.59. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.31 and a quick ratio of 0.80. The business has a 50 day simple moving average of $74.23 and a 200 day simple moving average of $67.43.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, topping 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 company had revenue of $20.49 billion during the quarter, compared to analysts’ expectations of $21.35 billion. During the same quarter in the prior year, the business posted $0.70 earnings per share. The company’s revenue for the quarter 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. Equities research analysts predict that Archer Daniels Midland Company will post 4.43 EPS for the current year.

Archer Daniels Midland Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $2.08 annualized dividend and a dividend yield of 2.5%. Archer Daniels Midland’s dividend payout ratio is presently 93.27%.

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.