Archer Daniels Midland Company $ADM Shares Sold by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd trimmed its stake in Archer Daniels Midland Company (NYSE:ADM) by 46.9% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 122,147 shares of the company’s stock after selling 108,101 shares during the period. Mediolanum International Funds Ltd’s holdings in Archer Daniels Midland were worth $8,764,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in ADM. Global Trust Asset Management LLC acquired a new stake in Archer Daniels Midland in the 1st quarter valued at approximately $29,000. OP Asset Management Ltd acquired a new position in Archer Daniels Midland during the first quarter worth $30,000. Toth Financial Advisory Corp acquired a new position in Archer Daniels Midland during the fourth quarter worth $25,000. Motiv8 Investments LLC purchased a new position in shares of Archer Daniels Midland during the fourth quarter worth $26,000. Finally, Sankala Group LLC acquired a new stake in shares of Archer Daniels Midland in the fourth quarter valued at $28,000. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ADM shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a report on Friday. Barclays raised their target price 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 boosted their price target on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Wall Street Zen raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Jefferies Financial Group raised their price objective on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research note on Monday, April 6th. 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 company. According to data from MarketBeat, Archer Daniels Midland has an average rating of “Reduce” and an average price target of $75.67.

Archer Daniels Midland Stock Down 0.2%

Shares of NYSE ADM opened at $85.71 on Tuesday. The stock has a market cap of $41.31 billion, a P/E ratio of 38.43 and a beta of 0.62. The business’s fifty day simple moving average is $79.44 and its 200-day simple moving average is $72.46. Archer Daniels Midland Company has a 12-month low of $52.96 and a 12-month high of $86.20. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28.

Archer Daniels Midland (NYSE:ADM) last released its 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. The firm had revenue of $20.49 billion during the quarter, compared to analysts’ expectations of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.Archer Daniels Midland’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, equities analysts predict that Archer Daniels Midland Company will post 4.71 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were paid a $0.52 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a yield of 2.4%. Archer Daniels Midland’s payout ratio is currently 93.27%.

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.