Strs Ohio Grows Holdings in Archer Daniels Midland Company $ADM

Strs Ohio grew its stake in Archer Daniels Midland Company (NYSE:ADMFree Report) by 6.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 296,450 shares of the company’s stock after acquiring an additional 18,921 shares during the period. Strs Ohio owned about 0.06% of Archer Daniels Midland worth $17,043,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Archer Daniels Midland by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 59,180,117 shares of the company’s stock valued at $3,402,265,000 after purchasing an additional 536,265 shares in the last quarter. Dodge & Cox grew its holdings in shares of Archer Daniels Midland by 130.1% in the third quarter. Dodge & Cox now owns 15,068,544 shares of the company’s stock valued at $900,195,000 after purchasing an additional 8,518,920 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Archer Daniels Midland by 7.3% in the third quarter. Dimensional Fund Advisors LP now owns 3,734,447 shares of the company’s stock valued at $223,112,000 after purchasing an additional 253,562 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Archer Daniels Midland by 4.2% in the third quarter. Bank of New York Mellon Corp now owns 2,921,977 shares of the company’s stock valued at $174,559,000 after purchasing an additional 118,699 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of Archer Daniels Midland by 1.0% in the third quarter. Legal & General Group Plc now owns 2,634,327 shares of the company’s stock valued at $157,375,000 after purchasing an additional 25,882 shares in the last quarter. 78.28% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Archer Daniels Midland

Here are the key news stories impacting Archer Daniels Midland this week:

Wall Street Analyst Weigh In

ADM has been the subject of a number of research reports. Barclays lifted their price objective on shares of Archer Daniels Midland from $68.00 to $77.00 and gave the company an “equal weight” rating in a report on Wednesday, April 1st. Jefferies Financial Group lifted their price objective on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a report on Monday, April 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Monday, April 20th. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 6th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $63.00 price target on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $63.86.

Get Our Latest Stock Report on Archer Daniels Midland

Insider Activity at Archer Daniels Midland

In other Archer Daniels Midland news, SVP Gregory A. Morris sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $68.48, for a total transaction of $3,424,000.00. Following the sale, the senior vice president owned 300,122 shares of the company’s stock, valued at approximately $20,552,354.56. This trade represents a 14.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Ian R. Pinner sold 34,106 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $71.53, for a total transaction of $2,439,602.18. Following the sale, the senior vice president directly owned 90,676 shares in the company, 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. Insiders sold a total of 109,106 shares of company stock worth $7,539,602 in the last ninety days. Company insiders own 0.60% of the company’s stock.

Archer Daniels Midland Stock Up 0.0%

Shares of Archer Daniels Midland stock opened at $74.96 on Monday. Archer Daniels Midland Company has a 52-week low of $46.81 and a 52-week high of $75.78. The company has a 50 day moving average of $70.09 and a 200 day moving average of $64.77. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $36.12 billion, a P/E ratio of 33.77 and a beta of 0.59.

Archer Daniels Midland (NYSE:ADMGet Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.07. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.39%. The company had revenue of $18.56 billion during the quarter, compared to the consensus estimate of $21.03 billion. During the same quarter in the previous year, the firm earned $1.14 earnings per share. The firm’s quarterly revenue was down 13.7% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. As a group, research analysts forecast that Archer Daniels Midland Company will post 4.42 EPS for the current fiscal year.

Archer Daniels Midland Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

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