Archer Daniels Midland Company $ADM Shares Sold by KBC Group NV

KBC Group NV lessened its holdings in Archer Daniels Midland Company (NYSE:ADM) by 6.5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 90,197 shares of the company’s stock after selling 6,274 shares during the period. KBC Group NV’s holdings in Archer Daniels Midland were worth $6,557,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Norges Bank purchased a new position in Archer Daniels Midland in the fourth quarter valued at $402,743,000. Northwestern Mutual Wealth Management Co. increased its holdings in Archer Daniels Midland by 3,379.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,761,397 shares of the company’s stock worth $316,525,000 after purchasing an additional 5,595,801 shares during the period. Victory Capital Management Inc. raised its position in Archer Daniels Midland by 831.3% in the 4th quarter. Victory Capital Management Inc. now owns 5,592,030 shares of the company’s stock valued at $321,486,000 after purchasing an additional 4,991,550 shares in the last quarter. Dodge & Cox boosted its stake in shares of Archer Daniels Midland by 13.4% in the 4th quarter. Dodge & Cox now owns 17,084,645 shares of the company’s stock valued at $982,196,000 after buying an additional 2,016,101 shares during the period. Finally, Jacobs Levy Equity Management Inc. boosted its stake in shares of Archer Daniels Midland by 176.8% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,967,471 shares of the company’s stock valued at $117,537,000 after buying an additional 1,256,596 shares during the period. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Trading Up 1.4%

ADM opened at $87.44 on Thursday. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. Archer Daniels Midland Company has a 52 week low of $52.96 and a 52 week high of $87.67. The business’s 50 day moving average is $79.64 and its two-hundred day moving average is $72.88. The firm has a market cap of $42.14 billion, a price-to-earnings ratio of 39.21 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM) last announced its earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $20.49 billion for the quarter, compared to analysts’ expectations of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The company’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, research analysts predict that Archer Daniels Midland Company will post 4.76 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were issued a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.4%. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.27%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ADM shares. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Friday, July 17th. UBS Group lifted their price target on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Wall Street Zen upgraded shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Barclays raised their price objective 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. Finally, Morgan Stanley boosted their target price on shares of Archer Daniels Midland from $58.00 to $60.00 and gave the stock an “underweight” rating in a research note on Monday. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $75.67.

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.