Archer Daniels Midland Company $ADM Stock Holdings Lessened by Marathon Asset Management Ltd

Marathon Asset Management Ltd reduced its holdings in Archer Daniels Midland Company (NYSE:ADM) by 8.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 196,188 shares of the company’s stock after selling 19,069 shares during the period. Marathon Asset Management Ltd’s holdings in Archer Daniels Midland were worth $11,279,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of Archer Daniels Midland by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 59,180,117 shares of the company’s stock worth $3,402,265,000 after buying an additional 536,265 shares during the last quarter. Dodge & Cox lifted its position in shares of Archer Daniels Midland by 130.1% in 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% in 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. Dimensional Fund Advisors LP lifted its position in shares of Archer Daniels Midland by 7.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,734,447 shares of the company’s stock worth $223,112,000 after buying an additional 253,562 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Archer Daniels Midland by 4.2% in 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 buying an additional 118,699 shares during the last quarter. 78.28% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. Barclays increased their price objective on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Jefferies Financial Group increased their price objective on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a report on Monday, April 6th. Morgan Stanley increased their price objective on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. One 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. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $74.50.

Archer Daniels Midland Stock Down 2.1%

ADM stock opened at $79.23 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. Archer Daniels Midland Company has a fifty-two week low of $46.81 and a fifty-two week high of $83.10. The firm’s 50-day simple moving average is $72.73 and its 200 day simple moving average is $66.12. The stock has a market cap of $38.19 billion, a PE ratio of 35.53 and a beta of 0.59.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings data 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 net margin of 1.34% and a return on equity of 7.37%. The business had revenue of $20.49 billion for the quarter, compared to analysts’ expectations of $21.35 billion. During the same quarter last year, the company earned $0.70 EPS. The company’s revenue for the quarter 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, sell-side analysts predict that Archer Daniels Midland Company will post 4.43 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders 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 yield of 2.6%. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.27%.

Insider Activity

In other Archer Daniels Midland news, SVP Ian R. Pinner sold 34,106 shares of the firm’s 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 approximately $6,486,054.28. This trade represents a 27.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Gregory A. Morris sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were 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 approximately $20,552,354.56. The trade was a 14.28% decrease in their position. The SEC filing for this sale provides additional information. 0.60% of the stock is currently owned by company insiders.

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.