Kieckhefer Group LLC Sells 15,640 Shares of Archer Daniels Midland Company $ADM

Kieckhefer Group LLC lowered its holdings in Archer Daniels Midland Company (NYSE:ADM) by 49.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,240 shares of the company’s stock after selling 15,640 shares during the period. Archer Daniels Midland comprises 0.5% of Kieckhefer Group LLC’s holdings, making the stock its 22nd largest position. Kieckhefer Group LLC’s holdings in Archer Daniels Midland were worth $1,289,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ADM. Bank of America Corp DE bought a new position in Archer Daniels Midland during the second quarter worth about $180,096,000. Hsbc Holdings PLC bought a new stake in shares of Archer Daniels Midland in the second quarter valued at approximately $76,067,000. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of Archer Daniels Midland by 73.3% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 519,997 shares of the company’s stock valued at $29,895,000 after buying an additional 219,977 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of Archer Daniels Midland during the 2nd quarter valued at approximately $2,585,000. Finally, Jupiter Topco LLC bought a new position in Archer Daniels Midland in the 2nd quarter worth approximately $8,819,000. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Price Performance

NYSE:ADM traded up $2.16 during mid-day trading on Tuesday, hitting $82.58. 902,013 shares of the stock traded hands, compared to its average volume of 3,775,670. The business’s 50-day moving average price is $81.94 and its 200 day moving average price is $78.95. The company has a market cap of $39.80 billion, a PE ratio of 22.62, a price-to-earnings-growth ratio of 2.44 and a beta of 0.64. Archer Daniels Midland Company has a 12-month low of $55.58 and a 12-month high of $88.75. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.27.

Archer Daniels Midland (NYSE:ADM) last posted its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.35. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The business had revenue of $22.68 billion for the quarter, compared to analysts’ expectations of $22.75 billion. During the same period in the prior year, the company posted $0.93 EPS. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, analysts expect that Archer Daniels Midland Company will post 5.45 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were issued a $0.52 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $2.08 annualized dividend and a dividend yield of 2.5%. Archer Daniels Midland’s dividend payout ratio is presently 56.99%.

Wall Street Analysts Forecast Growth

ADM has been the subject of a number of recent research reports. Barclays lifted their price objective on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 5th. Morgan Stanley raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $60.00 to $79.00 in a report on Wednesday, August 5th. UBS Group lifted their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, June 15th. Zacks Research cut Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Finally, JPMorgan Chase & Co. dropped their price objective on Archer Daniels Midland from $77.00 to $75.00 and set an “underweight” rating on the stock in a report on Monday. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $79.83.

Archer Daniels Midland Profile

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company that converts crops and other plant-based materials into food, feed, fuel and industrial ingredients. The company sources, transports, stores and processes commodities such as corn, soybeans, wheat and oilseeds through an extensive network of elevators, processing facilities and transportation assets.

ADM’s businesses include agricultural services and oilseeds, carbohydrate solutions, and nutrition.