Robeco Institutional Asset Management B.V. reduced its stake in shares of Archer Daniels Midland Company (NYSE:ADM – Free Report) by 12.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,159,689 shares of the company’s stock after selling 164,505 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Archer Daniels Midland were worth $92,056,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Revisor Wealth Management LLC boosted its stake in shares of Archer Daniels Midland by 4.7% during the 3rd quarter. Revisor Wealth Management LLC now owns 5,540 shares of the company’s stock worth $454,000 after acquiring an additional 250 shares in the last quarter. Net Worth Advisory Group increased its stake in Archer Daniels Midland by 24.5% in the 3rd quarter. Net Worth Advisory Group now owns 3,636 shares of the company’s stock valued at $289,000 after purchasing an additional 716 shares in the last quarter. CWA Asset Management Group LLC increased its stake in Archer Daniels Midland by 12.3% in the 3rd quarter. CWA Asset Management Group LLC now owns 78,141 shares of the company’s stock valued at $6,203,000 after purchasing an additional 8,549 shares in the last quarter. CFS Investment Advisory Services LLC increased its stake in Archer Daniels Midland by 0.7% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 17,871 shares of the company’s stock valued at $1,469,000 after purchasing an additional 127 shares in the last quarter. Finally, TD Waterhouse Canada Inc. raised its holdings in Archer Daniels Midland by 23.2% during the third quarter. TD Waterhouse Canada Inc. now owns 125,876 shares of the company’s stock worth $10,024,000 after purchasing an additional 23,718 shares during the last quarter. 78.28% of the stock is owned by hedge funds and other institutional investors.
Archer Daniels Midland Stock Down 1.3%
Shares of NYSE ADM opened at $79.40 on Thursday. The firm’s 50-day moving average is $82.35 and its two-hundred day moving average is $79.41. The company has a market capitalization of $38.27 billion, a PE ratio of 18.54, a price-to-earnings-growth ratio of 2.44 and a beta of 0.64. Archer Daniels Midland Company has a 12-month low of $55.58 and a 12-month high of $88.75. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86.
Archer Daniels Midland (NYSE:ADM – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.35. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The business had revenue of $22.68 billion during the quarter, compared to analysts’ expectations of $22.75 billion. During the same period last year, the company posted $0.93 EPS. The company’s revenue was up 7.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Equities analysts anticipate that Archer Daniels Midland Company will post 5.50 EPS for the current fiscal year.
Archer Daniels Midland Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th were paid a $0.52 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a yield of 2.6%. Archer Daniels Midland’s dividend payout ratio is presently 56.99%.
Analyst Upgrades and Downgrades
A number of analysts have commented on ADM shares. Zacks Research downgraded Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. JPMorgan Chase & Co. dropped their price target on Archer Daniels Midland from $77.00 to $75.00 and set an “underweight” rating for the company in a research report on Monday, October 12th. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and raised their price target for the company from $60.00 to $79.00 in a research report on Wednesday, August 5th. Weiss Ratings raised Archer Daniels Midland from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Finally, Wall Street Zen lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 10th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $79.83.
Archer Daniels Midland Profile
Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company. Founded in 1902, ADM connects farmers and producers with markets worldwide by sourcing, transporting, storing and processing crops and other agricultural commodities.
The company processes oilseeds, corn, wheat and other crops into ingredients and products used in food and beverages, animal nutrition, renewable fuels and industrial applications. Its offerings include vegetable oils, protein meals, sweeteners, starches, flour, food ingredients, animal feed ingredients and biofuels, as well as specialty ingredients developed through its nutrition businesses.
ADM operates an integrated network of agricultural facilities, processing plants, transportation assets and commercial offices serving customers across North America, South America, Europe, Asia and other international markets.
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