Archer Daniels Midland Company $ADM Shares Sold by Skylands Capital LLC

Skylands Capital LLC decreased its position in Archer Daniels Midland Company (NYSE:ADM) by 42.7% in the first quarter, Holdings Channel reports. The institutional investor owned 15,000 shares of the company’s stock after selling 11,175 shares during the period. Skylands Capital LLC’s holdings in Archer Daniels Midland were worth $1,090,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. OP Asset Management Ltd acquired a new stake in shares of Archer Daniels Midland during the 1st quarter valued at about $30,000. Toth Financial Advisory Corp acquired a new position in Archer Daniels Midland in the 4th quarter worth about $25,000. Motiv8 Investments LLC purchased a new position in Archer Daniels Midland during the fourth quarter worth approximately $26,000. Sankala Group LLC purchased a new position in Archer Daniels Midland during the fourth quarter worth approximately $28,000. Finally, Nalls Sherbakoff Group LLC acquired a new stake in Archer Daniels Midland in the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 78.28% of the company’s stock.

Wall Street Analysts Forecast Growth

ADM has been the subject of several research analyst reports. Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. JPMorgan Chase & Co. boosted their price target on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Jefferies Financial Group upped their price objective on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research report on Monday, April 6th. Morgan Stanley increased their price objective on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Finally, Zacks Research cut shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $75.33.

Archer Daniels Midland Stock Performance

Shares of NYSE:ADM opened at $76.78 on Friday. 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 price is $77.17 and its 200-day moving average price is $69.94. The firm has a market capitalization of $37.01 billion, a PE ratio of 34.43 and a beta of 0.60. Archer Daniels Midland Company has a 1 year low of $51.34 and a 1 year high of $85.37.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.66 by $0.05. The firm had revenue of $20.49 billion during 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 prior year, the company earned $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, equities research analysts expect that Archer Daniels Midland Company will post 4.47 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio is 93.27%.

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.