Securian Asset Management Inc. Reduces Position in Archer Daniels Midland Company $ADM

Securian Asset Management Inc. decreased its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 43.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,067 shares of the company’s stock after selling 10,135 shares during the quarter. Securian Asset Management Inc.’s holdings in Archer Daniels Midland were worth $751,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. AlphaQuest LLC bought a new stake in Archer Daniels Midland during the 3rd quarter valued at $1,332,000. Allstate Corp purchased a new position in shares of Archer Daniels Midland during the third quarter valued at $1,044,000. NEOS Investment Management LLC raised its holdings in shares of Archer Daniels Midland by 38.1% in the third quarter. NEOS Investment Management LLC now owns 66,313 shares of the company’s stock valued at $3,962,000 after acquiring an additional 18,287 shares in the last quarter. Allianz Asset Management GmbH raised its holdings in shares of Archer Daniels Midland by 45.8% in the third quarter. Allianz Asset Management GmbH now owns 872,406 shares of the company’s stock valued at $52,118,000 after acquiring an additional 273,930 shares in the last quarter. Finally, Convergence Investment Partners LLC purchased a new stake in Archer Daniels Midland in the third quarter worth about $1,466,000. 78.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Morgan Stanley raised their target price 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. Wall Street Zen raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. BMO Capital Markets restated a “market perform” rating and set a $63.00 target price on shares of Archer Daniels Midland in a report on Wednesday, February 4th. Jefferies Financial Group lifted their price target on Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a report on Monday, April 6th. Finally, UBS Group boosted their price target on Archer Daniels Midland from $70.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Archer Daniels Midland presently has a consensus rating of “Hold” and a consensus price target of $74.50.

Archer Daniels Midland Price Performance

NYSE ADM opened at $82.90 on Thursday. The firm’s fifty day simple moving average is $71.68 and its two-hundred day simple moving average is $65.60. The firm has a market capitalization of $39.95 billion, a P/E ratio of 37.18 and a beta of 0.59. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28. Archer Daniels Midland Company has a 12-month low of $46.81 and a 12-month high of $83.10.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.66 by $0.05. The firm had revenue of $20.49 billion during the quarter, compared to analyst estimates of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Analysts forecast that Archer Daniels Midland Company will post 4.43 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be paid a $0.52 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. Archer Daniels Midland’s dividend payout ratio (DPR) is 93.27%.

Insiders Place Their Bets

In other news, SVP Gregory A. Morris sold 50,000 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $68.48, for a total transaction of $3,424,000.00. Following the sale, the senior vice president owned 300,122 shares in the company, valued at approximately $20,552,354.56. The trade was a 14.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jennifer L. Weber sold 25,000 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president owned 123,668 shares in the company, valued at approximately $8,290,702.72. This trade represents a 16.82% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 109,106 shares of company stock valued at $7,539,602. 0.60% of the stock is currently owned by corporate insiders.

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.