Sei Investments Co. Purchases 86,654 Shares of Archer Daniels Midland Company $ADM

Sei Investments Co. lifted its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 22.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 471,239 shares of the company’s stock after buying an additional 86,654 shares during the quarter. Sei Investments Co.’s holdings in Archer Daniels Midland were worth $34,254,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in Archer Daniels Midland during the fourth quarter valued at $402,743,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Archer Daniels Midland by 3,379.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,761,397 shares of the company’s stock worth $316,525,000 after acquiring an additional 5,595,801 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Archer Daniels Midland by 831.3% in the 4th quarter. Victory Capital Management Inc. now owns 5,592,030 shares of the company’s stock worth $321,486,000 after acquiring an additional 4,991,550 shares in the last quarter. Dodge & Cox lifted its stake in shares of Archer Daniels Midland by 13.4% in the 4th quarter. Dodge & Cox now owns 17,084,645 shares of the company’s stock valued at $982,196,000 after purchasing an additional 2,016,101 shares during the period. Finally, Jacobs Levy Equity Management Inc. boosted its position in shares of Archer Daniels Midland by 176.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,967,471 shares of the company’s stock valued at $117,537,000 after purchasing an additional 1,256,596 shares in the last quarter. Institutional investors and hedge funds own 78.28% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on ADM. Jefferies Financial Group raised their target price on Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research note on Monday, April 6th. UBS Group increased their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Zacks Research downgraded shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. 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. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $75.67.

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $83.38 on Tuesday. The business has a 50-day simple moving average of $79.90 and a 200 day simple moving average of $73.41. Archer Daniels Midland Company has a one year low of $52.96 and a one year high of $88.46. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.31 and a quick ratio of 0.80. The firm has a market capitalization of $40.19 billion, a price-to-earnings ratio of 37.39 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.05. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The business had revenue of $20.49 billion for the quarter, compared to analyst estimates of $21.35 billion. During the same quarter in the prior year, the company earned $0.70 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, research analysts anticipate that Archer Daniels Midland Company will post 4.76 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.27%.

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.