O Shaughnessy Asset Management LLC lifted its stake in shares of Archer Daniels Midland Company (NYSE:ADM – Free Report) by 57.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 192,231 shares of the company’s stock after purchasing an additional 70,134 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Archer Daniels Midland were worth $11,051,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the stock. Syon Capital LLC increased its stake in shares of Archer Daniels Midland by 18.0% during the 4th quarter. Syon Capital LLC now owns 5,754 shares of the company’s stock worth $331,000 after purchasing an additional 879 shares during the last quarter. ING Groep NV purchased a new stake in shares of Archer Daniels Midland during the 4th quarter worth approximately $3,571,000. Los Angeles Capital Management LLC purchased a new stake in shares of Archer Daniels Midland during the 4th quarter worth approximately $134,000. Havemeyer Place LP purchased a new stake in shares of Archer Daniels Midland during the 4th quarter worth approximately $901,000. Finally, First Command Advisory Services Inc. increased its stake in shares of Archer Daniels Midland by 51.6% during the 4th quarter. First Command Advisory Services Inc. now owns 1,763 shares of the company’s stock worth $101,000 after purchasing an additional 600 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.
Insider Buying and Selling
In other news, SVP Ian R. Pinner sold 34,106 shares of Archer Daniels Midland 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 completion of 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.60% of the stock is currently owned by insiders.
Archer Daniels Midland Stock Up 1.4%
Archer Daniels Midland (NYSE:ADM – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating 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 firm had revenue of $20.49 billion during the quarter, compared to the consensus estimate of $21.35 billion. During the same period last year, the firm earned $0.70 EPS. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Analysts anticipate that Archer Daniels Midland Company will post 4.43 EPS for the current fiscal year.
Archer Daniels Midland Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were issued a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.27%.
Analysts Set New Price Targets
ADM has been the subject of a number of recent research reports. 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 lifted their price objective on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research note on Monday, April 6th. Barclays lifted their price objective on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. UBS Group lifted their price objective on shares of Archer Daniels Midland from $70.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Finally, Morgan Stanley lifted their price objective on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Archer Daniels Midland currently has an average rating of “Hold” and an average price target of $74.50.
Get Our Latest Analysis on Archer Daniels Midland
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.
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