TD Asset Management Inc Acquires 9,484 Shares of Archer Daniels Midland Company $ADM

TD Asset Management Inc lifted its holdings in shares of Archer Daniels Midland Company (NYSE:ADMFree Report) by 3.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 271,344 shares of the company’s stock after acquiring an additional 9,484 shares during the period. TD Asset Management Inc’s holdings in Archer Daniels Midland were worth $15,600,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in ADM. Woodline Partners LP lifted its holdings in Archer Daniels Midland by 40.8% during the 1st quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock valued at $1,941,000 after purchasing an additional 11,715 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in Archer Daniels Midland by 5.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 83,983 shares of the company’s stock valued at $4,433,000 after purchasing an additional 4,224 shares during the last quarter. Sei Investments Co. lifted its holdings in Archer Daniels Midland by 40.0% during the 2nd quarter. Sei Investments Co. now owns 191,633 shares of the company’s stock valued at $10,116,000 after purchasing an additional 54,746 shares during the last quarter. Glenview Trust co bought a new position in Archer Daniels Midland during the 2nd quarter valued at about $203,000. Finally, Treasurer of the State of North Carolina lifted its holdings in Archer Daniels Midland by 2.3% during the 2nd quarter. Treasurer of the State of North Carolina now owns 223,280 shares of the company’s stock valued at $11,785,000 after purchasing an additional 5,051 shares during the last quarter. 78.28% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on ADM shares. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a report on Monday, April 20th. Jefferies Financial Group lifted their price target on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a report on Monday, April 6th. Wall Street Zen raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. lifted their price target on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Finally, Morgan Stanley boosted their target price on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Archer Daniels Midland presently has an average rating of “Hold” and a consensus target price of $74.50.

View Our Latest Stock Report on ADM

Archer Daniels Midland Stock Down 0.9%

Shares of NYSE:ADM opened at $80.20 on Tuesday. Archer Daniels Midland Company has a one year low of $47.42 and a one year high of $85.37. The company has a 50 day moving average of $75.47 and a 200-day moving average of $68.25. 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 stock has a market cap of $38.65 billion, a price-to-earnings ratio of 35.96 and a beta of 0.60.

Archer Daniels Midland (NYSE:ADMGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, topping 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 company had revenue of $20.49 billion during the quarter, compared to analysts’ expectations of $21.35 billion. During the same quarter in the previous year, the company earned $0.70 EPS. Archer Daniels Midland’s 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, sell-side analysts forecast that Archer Daniels Midland Company will post 4.43 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be issued a dividend of $0.52 per share. The ex-dividend date is Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a yield of 2.6%. Archer Daniels Midland’s payout ratio is currently 93.27%.

Insider Transactions at Archer Daniels Midland

In related news, SVP Ian R. Pinner sold 34,106 shares of the business’s stock in a transaction that occurred 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 transaction, the senior vice president owned 90,676 shares in the company, valued at approximately $6,486,054.28. The trade was a 27.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.60% of the company’s stock.

About Archer Daniels Midland

(Free Report)

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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Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

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