AlphaCore Capital LLC Raises Holdings in Archer Daniels Midland Company $ADM

AlphaCore Capital LLC lifted its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 227.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,602 shares of the company’s stock after purchasing an additional 11,537 shares during the period. AlphaCore Capital LLC’s holdings in Archer Daniels Midland were worth $954,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in ADM. Vanguard Group Inc. grew its stake in Archer Daniels Midland by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 59,180,117 shares of the company’s stock worth $3,402,265,000 after buying an additional 536,265 shares during the last quarter. Dodge & Cox lifted its stake in Archer Daniels Midland by 130.1% in the third quarter. Dodge & Cox now owns 15,068,544 shares of the company’s stock valued at $900,195,000 after buying an additional 8,518,920 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Archer Daniels Midland by 3,379.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,761,397 shares of the company’s stock valued at $316,525,000 after acquiring an additional 5,595,801 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Archer Daniels Midland by 7.3% during the third quarter. Dimensional Fund Advisors LP now owns 3,734,447 shares of the company’s stock worth $223,112,000 after acquiring an additional 253,562 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Archer Daniels Midland by 4.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,921,977 shares of the company’s stock valued at $174,559,000 after acquiring an additional 118,699 shares during the period. 78.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Archer Daniels Midland

In related news, SVP Gregory A. Morris sold 50,000 shares of Archer Daniels Midland stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $68.48, for a total value of $3,424,000.00. Following the sale, the senior vice president directly owned 300,122 shares in the company, valued at $20,552,354.56. The trade was a 14.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Ian R. Pinner sold 34,106 shares of the company’s stock in a transaction on 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 in the company, valued at $6,486,054.28. This represents a 27.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.60% of the company’s stock.

Archer Daniels Midland Stock Performance

Shares of ADM opened at $80.95 on Tuesday. The stock has a market capitalization of $39.01 billion, a P/E ratio of 36.30 and a beta of 0.59. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31. Archer Daniels Midland Company has a 1 year low of $46.81 and a 1 year high of $83.10. The company’s fifty day moving average is $72.49 and its two-hundred day moving average is $65.99.

Archer Daniels Midland (NYSE:ADM) last released its 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. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The company had revenue of $20.49 billion during the quarter, compared to analysts’ expectations of $21.35 billion. During the same quarter last year, the business earned $0.70 EPS. The business’s revenue was up 1.6% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, sell-side analysts predict that Archer Daniels Midland Company will post 4.43 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a 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%.

Analyst Upgrades and Downgrades

Several analysts recently commented on ADM shares. Morgan Stanley upped their price target on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 6th. Jefferies Financial Group upped their target price on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a report on Monday, April 6th. Barclays raised their price target 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, JPMorgan Chase & Co. raised their price target on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Archer Daniels Midland currently has an average rating of “Hold” and an average price target of $74.50.

Archer Daniels Midland 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.