Archer Daniels Midland Company $ADM Shares Bought by Madison Asset Management LLC

Madison Asset Management LLC lifted its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 4.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 170,500 shares of the company’s stock after buying an additional 7,600 shares during the period. Madison Asset Management LLC’s holdings in Archer Daniels Midland were worth $10,186,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in ADM. Trust Co. of Vermont grew its stake in shares of Archer Daniels Midland by 367.0% in the 3rd quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock valued at $30,000 after purchasing an additional 400 shares during the last quarter. Caldwell Trust Co lifted its holdings in shares of Archer Daniels Midland by 44.7% during the third quarter. Caldwell Trust Co now owns 647 shares of the company’s stock worth $39,000 after purchasing an additional 200 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in Archer Daniels Midland in the 2nd quarter valued at $36,000. Vermillion & White Wealth Management Group LLC increased its stake in Archer Daniels Midland by 61.2% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 698 shares of the company’s stock valued at $37,000 after buying an additional 265 shares during the period. Finally, Evelyn Partners Investment Management Services Ltd acquired a new stake in shares of Archer Daniels Midland in the 2nd quarter worth $37,000. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer Daniels Midland Price Performance

Archer Daniels Midland stock opened at $69.36 on Thursday. The company has a quick ratio of 0.92, a current ratio of 11.20 and a debt-to-equity ratio of 0.33. The firm’s 50-day simple moving average is $62.37 and its 200 day simple moving average is $60.94. Archer Daniels Midland Company has a 52 week low of $40.98 and a 52 week high of $69.94. The firm has a market capitalization of $33.33 billion, a PE ratio of 31.24, a P/E/G ratio of 0.92 and a beta of 0.71.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.80 by $0.07. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.39%. The business had revenue of $18.56 billion for the quarter, compared to analyst estimates of $21.03 billion. During the same period in the prior year, the business earned $1.14 earnings per share. The company’s quarterly revenue was down 13.7% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. On average, equities research analysts predict that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be given a $0.52 dividend. This is an increase from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.69%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ADM. JPMorgan Chase & Co. boosted their price target on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the stock an “underweight” rating in a research note on Wednesday, February 4th. UBS Group reissued a “buy” rating on shares of Archer Daniels Midland in a report on Monday, December 15th. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. Morgan Stanley downgraded shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $57.00 to $50.00 in a report on Tuesday, December 16th. Finally, BMO Capital Markets restated a “market perform” rating and set a $63.00 target price on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Archer Daniels Midland currently has an average rating of “Reduce” and a consensus price target of $57.00.

Insider Buying and Selling

In related news, Director David R. Mcatee II acquired 7,500 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The stock was purchased at an average price of $64.90 per share, for a total transaction of $486,750.00. Following the transaction, the director owned 7,500 shares in the company, valued at $486,750. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.20% of the company’s stock.

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.