Archer Daniels Midland Company $ADM Stake Lifted by TD Asset Management Inc

TD Asset Management Inc increased its stake in Archer Daniels Midland Company (NYSE:ADM) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 271,344 shares of the company’s stock after acquiring an additional 9,484 shares during the period. TD Asset Management Inc owned approximately 0.06% of Archer Daniels Midland worth $15,600,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Toth Financial Advisory Corp bought a new position in shares of Archer Daniels Midland in the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd boosted its holdings in Archer Daniels Midland by 313.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after buying an additional 386 shares in the last quarter. Hager Investment Management Services LLC boosted its holdings in Archer Daniels Midland by 113.6% during the third quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock worth $32,000 after buying an additional 284 shares in the last quarter. Elyxium Wealth LLC bought a new stake in Archer Daniels Midland during the fourth quarter worth approximately $31,000. Finally, Entrust Financial LLC purchased a new stake in shares of Archer Daniels Midland in the 4th quarter valued at approximately $35,000. 78.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on ADM. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 6th. UBS Group raised their price target on shares of Archer Daniels Midland from $70.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Barclays raised their price target on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Morgan Stanley raised their price target on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen upgraded shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. 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 given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $74.50.

Insider Activity at Archer Daniels Midland

In other news, SVP Ian R. Pinner sold 34,106 shares of the firm’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $71.53, for a total transaction of $2,439,602.18. Following the completion of the transaction, the senior vice president directly owned 90,676 shares of the company’s stock, valued at approximately $6,486,054.28. This trade represents a 27.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.60% of the company’s stock.

Archer Daniels Midland Stock Performance

NYSE ADM opened at $80.20 on Tuesday. 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 firm has a market capitalization of $38.65 billion, a price-to-earnings ratio of 35.96 and a beta of 0.60. The company’s fifty day moving average is $75.47 and its two-hundred day moving average is $68.25. Archer Daniels Midland Company has a 52-week low of $47.42 and a 52-week high of $85.37.

Archer Daniels Midland (NYSE:ADM) last posted 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. The company had revenue of $20.49 billion for the quarter, compared to analyst estimates of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period last year, the business posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Equities research analysts forecast that Archer Daniels Midland Company will post 4.43 EPS 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. Stockholders of record on Wednesday, May 20th will be issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) 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.