Farmers National Bank trimmed its holdings in Archer-Daniels-Midland Company (NYSE:ADM) by 29.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,189 shares of the company’s stock after selling 7,466 shares during the quarter. Farmers National Bank’s holdings in Archer-Daniels-Midland were worth $753,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Guardian Life Insurance Co. of America boosted its stake in shares of Archer-Daniels-Midland by 0.4% during the 1st quarter. Guardian Life Insurance Co. of America now owns 2,206 shares of the company’s stock worth $102,000 after acquiring an additional 8 shares in the last quarter. V Wealth Management LLC boosted its stake in shares of Archer-Daniels-Midland by 0.5% during the 2nd quarter. V Wealth Management LLC now owns 4,486 shares of the company’s stock worth $184,000 after acquiring an additional 22 shares in the last quarter. Hefty Wealth Partners boosted its stake in shares of Archer-Daniels-Midland by 0.5% during the 2nd quarter. Hefty Wealth Partners now owns 4,704 shares of the company’s stock worth $194,000 after acquiring an additional 24 shares in the last quarter. Lowe Brockenbrough & Co. Inc. boosted its stake in shares of Archer-Daniels-Midland by 0.6% during the 1st quarter. Lowe Brockenbrough & Co. Inc. now owns 10,084 shares of the company’s stock worth $464,000 after acquiring an additional 58 shares in the last quarter. Finally, ING Groep NV boosted its stake in shares of Archer-Daniels-Midland by 0.3% during the 2nd quarter. ING Groep NV now owns 29,478 shares of the company’s stock worth $1,220,000 after acquiring an additional 76 shares in the last quarter. 72.89% of the stock is currently owned by institutional investors.

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Archer-Daniels-Midland Company (ADM) traded up 1.29% on Friday, hitting $44.00. 3,327,416 shares of the company traded hands. Archer-Daniels-Midland Company has a 12 month low of $40.22 and a 12 month high of $47.88. The stock has a market cap of $24.75 billion, a PE ratio of 18.49 and a beta of 1.12. The stock’s 50-day moving average is $42.92 and its 200 day moving average is $42.66.

Archer-Daniels-Midland (NYSE:ADM) last announced its earnings results on Tuesday, August 1st. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.05. The company had revenue of $14.94 billion during the quarter, compared to analysts’ expectations of $15.86 billion. Archer-Daniels-Midland had a net margin of 2.22% and a return on equity of 8.40%. The firm’s quarterly revenue was down 4.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.41 earnings per share. Equities research analysts expect that Archer-Daniels-Midland Company will post $2.54 earnings per share for the current fiscal year.

Several equities research analysts have recently issued reports on ADM shares. Credit Suisse Group set a $45.00 target price on shares of Archer-Daniels-Midland and gave the stock a “hold” rating in a research note on Tuesday, July 18th. Citigroup Inc. reissued a “buy” rating on shares of Archer-Daniels-Midland in a research note on Wednesday, July 12th. BMO Capital Markets reissued a “hold” rating and set a $41.00 target price on shares of Archer-Daniels-Midland in a research note on Tuesday, June 27th. Robert W. Baird started coverage on shares of Archer-Daniels-Midland in a research note on Monday, September 11th. They set an “outperform” rating and a $50.00 target price on the stock. Finally, Piper Jaffray Companies set a $42.00 target price on shares of Archer-Daniels-Midland and gave the stock a “hold” rating in a research note on Friday, August 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company. Archer-Daniels-Midland has a consensus rating of “Hold” and an average target price of $43.47.

Archer-Daniels-Midland Profile

Institutional Ownership by Quarter for Archer-Daniels-Midland (NYSE:ADM)

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