Gamco Investors INC. ET AL Sells 18,625 Shares of Archer Daniels Midland Company $ADM

Gamco Investors INC. ET AL reduced its stake in Archer Daniels Midland Company (NYSE:ADM) by 7.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 239,448 shares of the company’s stock after selling 18,625 shares during the period. Gamco Investors INC. ET AL’s holdings in Archer Daniels Midland were worth $17,405,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Toth Financial Advisory Corp bought a new position in Archer Daniels Midland in the 4th quarter worth about $25,000. Motiv8 Investments LLC bought a new position in shares of Archer Daniels Midland in the fourth quarter valued at approximately $26,000. Sankala Group LLC purchased a new position in Archer Daniels Midland during the fourth quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC bought a new stake in Archer Daniels Midland during the 4th quarter worth approximately $29,000. Finally, Global Trust Asset Management LLC purchased a new stake in Archer Daniels Midland in the 1st quarter worth approximately $29,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Down 0.4%

Shares of ADM opened at $85.98 on Friday. Archer Daniels Midland Company has a 1 year low of $52.96 and a 1 year high of $88.46. 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 stock has a 50 day simple moving average of $79.85 and a two-hundred day simple moving average of $73.16. The firm has a market cap of $41.44 billion, a P/E ratio of 38.56 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.66 by $0.05. The firm had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The business’s revenue was up 1.6% compared to the same quarter last year. During the same period last year, the firm posted $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, analysts forecast that Archer Daniels Midland Company will post 4.76 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. Investors of record on Wednesday, May 20th were given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.27%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ADM. Zacks Research lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Barclays upped their target price on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. UBS Group lifted their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, June 15th. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Friday, July 17th. Finally, Wall Street Zen upgraded shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Archer Daniels Midland presently has a consensus rating of “Reduce” and an average 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.