Swedbank AB Raises Holdings in Archer Daniels Midland Company $ADM

Swedbank AB boosted its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 9.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 399,047 shares of the company’s stock after acquiring an additional 33,647 shares during the period. Swedbank AB’s holdings in Archer Daniels Midland were worth $22,941,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Archer Daniels Midland by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 59,180,117 shares of the company’s stock worth $3,402,265,000 after purchasing an additional 536,265 shares during the period. Dodge & Cox increased its holdings in Archer Daniels Midland by 130.1% during the 3rd quarter. Dodge & Cox now owns 15,068,544 shares of the company’s stock worth $900,195,000 after purchasing an additional 8,518,920 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Archer Daniels Midland by 3,379.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,761,397 shares of the company’s stock worth $316,525,000 after purchasing an additional 5,595,801 shares during the period. Dimensional Fund Advisors LP increased its holdings in Archer Daniels Midland by 7.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,734,447 shares of the company’s stock worth $223,112,000 after purchasing an additional 253,562 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in Archer Daniels Midland by 4.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,921,977 shares of the company’s stock worth $174,559,000 after purchasing an additional 118,699 shares during the period. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Analysts Set New Price Targets

ADM has been the topic of a number of analyst reports. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a report on Monday, April 20th. Barclays lifted their price target on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Morgan Stanley lifted their price target on Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $63.00 price target on shares of Archer Daniels Midland in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Archer Daniels Midland has a consensus rating of “Hold” and a consensus target price of $74.50.

Archer Daniels Midland Stock Down 0.0%

Shares of NYSE ADM opened at $77.52 on Tuesday. Archer Daniels Midland Company has a 1 year low of $46.81 and a 1 year high of $83.10. The company has a market capitalization of $37.36 billion, a price-to-earnings ratio of 34.76 and a beta of 0.59. 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 business has a 50-day moving average of $73.31 and a two-hundred day moving average of $66.60.

Archer Daniels Midland (NYSE:ADM) last announced 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. 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 analysts’ expectations of $21.35 billion. During the same period in the previous year, the company earned $0.70 earnings per share. Archer Daniels Midland’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. On average, analysts forecast that Archer Daniels Midland Company will post 4.43 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

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 paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.27%.

Insider Buying and Selling

In related news, SVP Ian R. Pinner sold 34,106 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $71.53, for a total transaction of $2,439,602.18. Following the transaction, the senior vice president owned 90,676 shares in the company, valued at $6,486,054.28. This trade represents a 27.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Gregory A. Morris sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $68.48, for a total value of $3,424,000.00. Following the transaction, the senior vice president owned 300,122 shares in the company, valued at $20,552,354.56. This represents a 14.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.60% of the company’s stock.

About Archer Daniels Midland

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.