Baader Bank Aktiengesellschaft Takes $478,000 Position in Archer Daniels Midland Company $ADM

Baader Bank Aktiengesellschaft purchased a new stake in shares of Archer Daniels Midland Company (NYSE:ADMFree Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 8,306 shares of the company’s stock, valued at approximately $478,000.

Several other institutional investors have also made changes to their positions in the company. AlphaQuest LLC acquired a new stake in Archer Daniels Midland in the 3rd quarter worth approximately $1,332,000. Allstate Corp acquired a new stake in Archer Daniels Midland in the 3rd quarter worth approximately $1,044,000. NEOS Investment Management LLC lifted its holdings in Archer Daniels Midland by 38.1% in the 3rd quarter. NEOS Investment Management LLC now owns 66,313 shares of the company’s stock worth $3,962,000 after purchasing an additional 18,287 shares during the last quarter. Allianz Asset Management GmbH lifted its holdings in Archer Daniels Midland by 45.8% in the 3rd quarter. Allianz Asset Management GmbH now owns 872,406 shares of the company’s stock worth $52,118,000 after purchasing an additional 273,930 shares during the last quarter. Finally, Convergence Investment Partners LLC acquired a new stake in Archer Daniels Midland in the 3rd quarter worth approximately $1,466,000. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer Daniels Midland Stock Performance

Shares of NYSE:ADM opened at $80.38 on Friday. The business’s fifty day moving average price is $72.21 and its two-hundred day moving average price is $65.83. Archer Daniels Midland Company has a fifty-two week low of $46.81 and a fifty-two week high of $83.10. The stock has a market capitalization of $38.74 billion, a price-to-earnings ratio of 36.05 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.

Archer Daniels Midland (NYSE:ADMGet Free Report) last announced its quarterly earnings results 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. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The firm had revenue of $20.49 billion for the quarter, compared to analysts’ expectations of $21.35 billion. During the same period in the prior year, the business posted $0.70 earnings per share. The business’s revenue 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. As a group, analysts predict 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 given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio is 93.27%.

Analyst Ratings Changes

ADM has been the subject of a number of research analyst reports. Wall Street Zen upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Monday, April 6th. Barclays upped their price target on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a report on Monday, April 20th. Finally, Morgan Stanley upped their price target on Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Archer Daniels Midland presently has an average rating of “Hold” and an average target price of $74.50.

Read Our Latest Analysis on Archer Daniels Midland

Insider Buying and Selling at Archer Daniels Midland

In other Archer Daniels Midland news, SVP Jennifer L. Weber sold 25,000 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $67.04, for a total value of $1,676,000.00. Following the sale, the senior vice president directly owned 123,668 shares in the company, valued at $8,290,702.72. This represents a 16.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Ian R. Pinner sold 34,106 shares of the company’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 completion of the sale, the senior vice president owned 90,676 shares in the company, valued at $6,486,054.28. This trade represents a 27.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 109,106 shares of company stock worth $7,539,602 over the last three months. Company insiders own 0.60% of the company’s stock.

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.

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

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