SBI Okasan Asset Management Co.Ltd. Acquires New Shares in Archer Daniels Midland Company $ADM

SBI Okasan Asset Management Co.Ltd. acquired a new stake in shares of Archer Daniels Midland Company (NYSE:ADM) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 11,600 shares of the company’s stock, valued at approximately $675,000.

Other hedge funds also recently modified their holdings of the company. Savant Capital LLC lifted its holdings in Archer Daniels Midland by 3.9% during the 4th quarter. Savant Capital LLC now owns 18,562 shares of the company’s stock worth $1,067,000 after buying an additional 692 shares during the period. Intech Investment Management LLC lifted its holdings in Archer Daniels Midland by 2.3% during the 4th quarter. Intech Investment Management LLC now owns 27,682 shares of the company’s stock worth $1,591,000 after buying an additional 625 shares during the period. Foundations Investment Advisors LLC lifted its holdings in Archer Daniels Midland by 76.5% during the 4th quarter. Foundations Investment Advisors LLC now owns 21,137 shares of the company’s stock worth $1,215,000 after buying an additional 9,161 shares during the period. Huntington National Bank lifted its holdings in Archer Daniels Midland by 3.6% during the 4th quarter. Huntington National Bank now owns 20,835 shares of the company’s stock worth $1,198,000 after buying an additional 721 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Archer Daniels Midland by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 12,628,065 shares of the company’s stock worth $723,175,000 after buying an additional 109,556 shares during the period. Institutional investors and hedge funds own 78.28% of the company’s stock.

Insider Transactions at Archer Daniels Midland

In other news, SVP Ian R. Pinner sold 34,106 shares of the business’s stock in a transaction dated 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 through this link. Also, SVP Gregory A. Morris sold 50,000 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were 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 represents a 14.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.60% of the stock is owned by insiders.

Analyst Ratings Changes

ADM has been the topic of several recent research reports. UBS Group lifted their target price on Archer Daniels Midland from $70.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Monday, April 6th. Barclays lifted their target price 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. Finally, Jefferies Financial Group lifted their target price on Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Archer Daniels Midland has a consensus rating of “Hold” and an average target price of $74.50.

Archer Daniels Midland Stock Down 0.3%

Shares of NYSE:ADM opened at $79.80 on Friday. The company has a market capitalization of $38.46 billion, a price-to-earnings ratio of 35.79 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’s 50-day moving average is $73.95 and its 200-day moving average is $67.17. Archer Daniels Midland Company has a 1 year low of $46.81 and a 1 year high of $83.10.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) 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 the consensus estimate of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The firm’s revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.70 EPS. 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 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

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 paid a $0.52 dividend. 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 payout ratio is currently 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.