IFP Advisors Inc Has $936,000 Holdings in Archer Daniels Midland Company $ADM

IFP Advisors Inc lifted its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 113.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 16,284 shares of the company’s stock after purchasing an additional 8,660 shares during the quarter. IFP Advisors Inc’s holdings in Archer Daniels Midland were worth $936,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Atlantic Union Bankshares Corp increased its holdings in Archer Daniels Midland by 5.1% in the fourth quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company’s stock valued at $180,000 after purchasing an additional 153 shares during the period. Brookstone Capital Management increased its holdings in Archer Daniels Midland by 4.5% in the fourth quarter. Brookstone Capital Management now owns 3,555 shares of the company’s stock valued at $204,000 after purchasing an additional 154 shares during the period. Checchi Capital Advisers LLC increased its holdings in Archer Daniels Midland by 2.6% in the fourth quarter. Checchi Capital Advisers LLC now owns 6,436 shares of the company’s stock valued at $370,000 after purchasing an additional 161 shares during the period. Tiemann Investment Advisors LLC increased its holdings 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 period. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in Archer Daniels Midland by 5.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,679 shares of the company’s stock valued at $212,000 after purchasing an additional 184 shares during the period. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently weighed in on ADM. JPMorgan Chase & Co. increased their price objective on Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Wall Street Zen upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Barclays increased their price objective on Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. UBS Group increased their price objective on Archer Daniels Midland from $70.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $74.50.

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $77.52 on Monday. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28. The business has a 50-day moving average price of $73.21 and a two-hundred day moving average price of $66.48. 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 cap of $37.36 billion, a P/E ratio of 34.76 and a beta of 0.59.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $20.49 billion during the quarter, compared to the consensus estimate of $21.35 billion. During the same period last year, the business posted $0.70 EPS. The business’s 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. As a group, analysts anticipate 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. Shareholders of record on Wednesday, May 20th will be issued 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 presently 93.27%.

Insider Transactions at Archer Daniels Midland

In other news, SVP Ian R. Pinner sold 34,106 shares of the stock in a transaction dated 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 transaction, the senior vice president owned 90,676 shares of the company’s stock, valued at $6,486,054.28. This represents a 27.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Gregory A. Morris sold 50,000 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $68.48, for a total transaction of $3,424,000.00. Following the transaction, the senior vice president directly owned 300,122 shares in the company, valued at $20,552,354.56. This trade represents a 14.28% decrease in their position. The SEC filing for this sale provides additional information. 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.