Wealth Enhancement Advisory Services LLC raised its stake in Archer Daniels Midland Company (NYSE:ADM – Free Report) by 18.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,523 shares of the company’s stock after acquiring an additional 9,732 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Archer Daniels Midland were worth $3,847,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently modified their holdings of the company. Tiemann Investment Advisors LLC lifted its stake in Archer Daniels Midland by 4.5% in the third quarter. Tiemann Investment Advisors LLC now owns 4,085 shares of the company’s stock valued at $244,000 after purchasing an additional 175 shares during the last quarter. Centennial Wealth Advisory LLC increased its position in Archer Daniels Midland by 1.5% in the third quarter. Centennial Wealth Advisory LLC now owns 12,696 shares of the company’s stock worth $758,000 after buying an additional 184 shares during the last quarter. United Capital Financial Advisors LLC raised its stake in shares of Archer Daniels Midland by 1.6% in the third quarter. United Capital Financial Advisors LLC now owns 12,897 shares of the company’s stock valued at $770,000 after buying an additional 198 shares during the period. Caldwell Trust Co raised its stake in shares of Archer Daniels Midland by 44.7% in the third quarter. Caldwell Trust Co now owns 647 shares of the company’s stock valued at $39,000 after buying an additional 200 shares during the period. Finally, Mackenzie Financial Corp lifted its position in shares of Archer Daniels Midland by 0.3% during the 3rd quarter. Mackenzie Financial Corp now owns 69,298 shares of the company’s stock valued at $4,140,000 after buying an additional 212 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.
Insider Activity
In other Archer Daniels Midland news, SVP Gregory A. Morris sold 50,000 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $68.48, for a total value of $3,424,000.00. Following the completion of the transaction, the senior vice president directly owned 300,122 shares of the company’s stock, valued at $20,552,354.56. This trade represents a 14.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Jennifer L. Weber sold 25,000 shares of the business’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 transaction, the senior vice president owned 123,668 shares of the company’s stock, valued at $8,290,702.72. This trade represents a 16.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 109,106 shares of company stock worth $7,539,602. Insiders own 0.70% of the company’s stock.
Archer Daniels Midland Stock Performance
Archer Daniels Midland (NYSE:ADM – Get Free Report) last issued its earnings results on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.80 by $0.07. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The business had revenue of $18.56 billion during the quarter, compared to the consensus estimate of $21.03 billion. During the same quarter last year, the company earned $1.14 EPS. The firm’s revenue was down 13.7% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. Research analysts predict that Archer Daniels Midland Company will post 4.31 EPS for the current year.
Archer Daniels Midland Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were paid a dividend of $0.52 per share. This is an increase from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio is presently 93.69%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on ADM shares. BMO Capital Markets reissued a “market perform” rating and issued a $63.00 price objective on shares of Archer Daniels Midland in a report on Wednesday, February 4th. UBS Group reiterated a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. JPMorgan Chase & Co. lifted their target price on shares of Archer Daniels Midland from $61.00 to $65.00 and gave the stock an “underweight” rating in a research note on Tuesday, March 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. Finally, Zacks Research upgraded shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $58.57.
Read Our Latest Research Report on ADM
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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