Insider Selling: Archer Daniels Midland (NYSE:ADM) SVP Sells 25,000 Shares of Stock

Archer Daniels Midland Company (NYSE:ADM) SVP Jennifer Weber sold 25,000 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $67.04, for a total transaction of $1,676,000.00. Following the completion of the transaction, the senior vice president owned 123,668 shares of the company’s stock, valued at $8,290,702.72. This trade represents a 16.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Archer Daniels Midland Stock Up 2.1%

Archer Daniels Midland stock traded up $1.40 during midday trading on Thursday, hitting $68.92. 2,747,738 shares of the stock were exchanged, compared to its average volume of 3,970,422. Archer Daniels Midland Company has a 1 year low of $40.98 and a 1 year high of $70.09. The company has a debt-to-equity ratio of 0.33, a current ratio of 11.20 and a quick ratio of 0.92. The firm has a market cap of $33.12 billion, a P/E ratio of 31.05, a P/E/G ratio of 0.92 and a beta of 0.71. The company has a 50 day moving average price of $63.41 and a two-hundred day moving average price of $61.45.

Archer Daniels Midland (NYSE:ADM) last announced its earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.07. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The company had revenue of $18.56 billion during the quarter, compared to the consensus estimate of $21.03 billion. During the same period last year, the firm earned $1.14 earnings per share. The company’s 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, sell-side analysts predict that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Increases Dividend

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

Hedge Funds Weigh In On Archer Daniels Midland

Institutional investors have recently modified their holdings of the company. Woodline Partners LP grew its position in Archer Daniels Midland by 40.8% in the 1st quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock worth $1,941,000 after purchasing an additional 11,715 shares during the last quarter. Harbour Investments Inc. boosted its position in shares of Archer Daniels Midland by 16.3% during the second quarter. Harbour Investments Inc. now owns 2,201 shares of the company’s stock worth $116,000 after buying an additional 308 shares during the period. Avidian Wealth Enterprises LLC grew its holdings in Archer Daniels Midland by 4.0% in the 2nd quarter. Avidian Wealth Enterprises LLC now owns 13,113 shares of the company’s stock worth $692,000 after buying an additional 510 shares in the last quarter. D.A. Davidson & CO. increased its position in Archer Daniels Midland by 83.8% in the 2nd quarter. D.A. Davidson & CO. now owns 53,593 shares of the company’s stock valued at $2,829,000 after acquiring an additional 24,432 shares during the period. Finally, Brookstone Capital Management bought a new stake in Archer Daniels Midland during the 2nd quarter valued at $207,000. Institutional investors own 78.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on ADM shares. Morgan Stanley cut 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. BMO Capital Markets reissued a “market perform” rating and issued a $63.00 target price on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. JPMorgan Chase & Co. lifted their price target on Archer Daniels Midland from $60.00 to $61.00 and gave the stock an “underweight” rating in a research note on Wednesday, February 4th. Finally, UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. One analyst has rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Archer Daniels Midland currently has an average rating of “Reduce” and a consensus target price of $58.00.

Archer Daniels Midland Company 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.