Meiji Yasuda Asset Management Co Ltd. Sells 6,634 Shares of Archer Daniels Midland Company $ADM

Meiji Yasuda Asset Management Co Ltd. lessened its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 184,639 shares of the company’s stock after selling 6,634 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in Archer Daniels Midland were worth $10,615,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of ADM. Dodge & Cox lifted its position in shares of 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 buying an additional 8,518,920 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of 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 buying an additional 5,595,801 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted 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 worth $117,537,000 after buying an additional 1,256,596 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich bought a new stake in shares of Archer Daniels Midland during the 3rd quarter worth $61,290,000. Finally, Russell Investments Group Ltd. lifted its stake in Archer Daniels Midland by 163.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,272,875 shares of the company’s stock valued at $76,043,000 after purchasing an additional 789,783 shares during the last quarter. 78.28% of the stock is currently owned by institutional investors.

Archer Daniels Midland Price Performance

ADM stock opened at $77.18 on Friday. The company has a fifty day moving average price of $73.08 and a 200-day moving average price of $66.36. The company has a market capitalization of $37.20 billion, a P/E ratio of 34.61 and a beta of 0.59. Archer Daniels Midland Company has a 52-week low of $46.81 and a 52-week high of $83.10. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share (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 the consensus estimate of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, equities analysts expect that Archer Daniels Midland Company will post 4.43 EPS for the current year.

Archer Daniels Midland Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be paid a dividend of $0.52 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $2.08 annualized dividend and a dividend yield of 2.7%. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.27%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ADM. Morgan Stanley increased their price objective on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a research note 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. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Monday, April 20th. Barclays increased their target price on Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. increased their target price on Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. One investment 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. Based on data from MarketBeat, Archer Daniels Midland has an average rating of “Hold” and a consensus price target of $74.50.

Insider Transactions at Archer Daniels Midland

In other news, SVP Ian R. Pinner sold 34,106 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the senior vice president directly owned 90,676 shares in the company, valued at $6,486,054.28. This trade represents a 27.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Gregory A. Morris sold 50,000 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $20,552,354.56. This trade represents a 14.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.60% of the stock is owned by company insiders.

Archer Daniels Midland Company 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.