NewEdge Wealth LLC Invests $487,000 in Archer Daniels Midland Company $ADM

NewEdge Wealth LLC acquired a new position in shares of Archer Daniels Midland Company (NYSE:ADM) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 8,471 shares of the company’s stock, valued at approximately $487,000.

Other institutional investors have also modified their holdings of the company. Toth Financial Advisory Corp purchased a new stake in shares of Archer Daniels Midland during the 4th quarter worth $25,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Archer Daniels Midland by 313.8% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after purchasing an additional 386 shares during the last quarter. Hager Investment Management Services LLC lifted its position in shares of Archer Daniels Midland by 113.6% during the 3rd quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock worth $32,000 after purchasing an additional 284 shares during the last quarter. Oakworth Capital Inc. lifted its position in shares of Archer Daniels Midland by 57.0% during the 4th quarter. Oakworth Capital Inc. now owns 628 shares of the company’s stock worth $36,000 after purchasing an additional 228 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. lifted its position in shares of Archer Daniels Midland by 672.9% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 657 shares of the company’s stock worth $38,000 after purchasing an additional 572 shares during the last quarter. 78.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ADM. Morgan Stanley boosted 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. BMO Capital Markets restated a “market perform” rating and issued a $63.00 price objective on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. UBS Group upped their target price on shares of Archer Daniels Midland from $70.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Jefferies Financial Group upped their price target 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. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $74.50.

Archer Daniels Midland Stock Performance

Shares of ADM stock opened at $80.38 on Friday. The company’s fifty day simple moving average is $72.21 and its 200-day simple moving average is $65.83. Archer Daniels Midland Company has a 52 week low of $46.81 and a 52 week high of $83.10. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28. The company has a market cap of $38.74 billion, a PE ratio of 36.05 and a beta of 0.59.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $20.49 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period last year, the business earned $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, equities research analysts anticipate that Archer Daniels Midland Company will post 4.43 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be issued a dividend of $0.52 per share. 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 dividend payout ratio (DPR) is presently 93.27%.

Insider Activity at Archer Daniels Midland

In related news, SVP Jennifer L. Weber sold 25,000 shares of the firm’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 sale, the senior vice president directly owned 123,668 shares of the company’s stock, valued at approximately $8,290,702.72. This trade represents a 16.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Ian R. Pinner sold 34,106 shares of the firm’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $71.53, for a total transaction of $2,439,602.18. Following the sale, the senior vice president directly owned 90,676 shares of the company’s stock, valued at approximately $6,486,054.28. The trade was a 27.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 109,106 shares of company stock valued at $7,539,602. Corporate insiders own 0.60% of the company’s stock.

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.