Archer Daniels Midland Company $ADM Shares Sold by Munich Reinsurance Co Stock Corp in Munich

Munich Reinsurance Co Stock Corp in Munich lowered its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 38.1% in the first quarter, Holdings Channel reports. The firm owned 642,797 shares of the company’s stock after selling 395,355 shares during the period. Munich Reinsurance Co Stock Corp in Munich’s holdings in Archer Daniels Midland were worth $46,725,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ADM. Toth Financial Advisory Corp purchased a new stake in Archer Daniels Midland during the 4th quarter worth approximately $25,000. Motiv8 Investments LLC acquired a new position in Archer Daniels Midland in the 4th quarter valued at $26,000. Sankala Group LLC acquired a new stake in shares of Archer Daniels Midland in the fourth quarter valued at about $28,000. Nalls Sherbakoff Group LLC acquired a new stake in Archer Daniels Midland in the 4th quarter valued at about $29,000. Finally, Global Trust Asset Management LLC purchased a new stake in shares of Archer Daniels Midland in the first quarter valued at approximately $29,000. 78.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. lifted their target price on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Wall Street Zen upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Jefferies Financial Group upped their price target on Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research note on Monday, April 6th. Barclays raised their price objective on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Zacks Research downgraded shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $75.33.

Archer Daniels Midland Stock Performance

NYSE ADM opened at $80.17 on Thursday. 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 company has a market cap of $38.64 billion, a P/E ratio of 35.95 and a beta of 0.62. The stock has a 50-day moving average of $78.51 and a two-hundred day moving average of $71.07. Archer Daniels Midland Company has a 1-year low of $52.23 and a 1-year high of $85.37.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.66 by $0.05. The business had revenue of $20.49 billion during the quarter, compared to analyst estimates of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.70 earnings per share. 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 4.47 EPS for the current year.

Archer Daniels Midland Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were given a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.27%.

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.