Csenge Advisory Group Purchases 10,541 Shares of Archer Daniels Midland Company $ADM

Csenge Advisory Group grew its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 25.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,281 shares of the company’s stock after buying an additional 10,541 shares during the quarter. Csenge Advisory Group’s holdings in Archer Daniels Midland were worth $3,006,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in ADM. Toth Financial Advisory Corp bought a new stake in Archer Daniels Midland during the fourth quarter worth about $25,000. Caitong International Asset Management Co. Ltd grew its stake in Archer Daniels Midland by 313.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after buying an additional 386 shares during the last quarter. Elyxium Wealth LLC bought a new stake in Archer Daniels Midland during the fourth quarter worth about $31,000. Hager Investment Management Services LLC grew its stake in Archer Daniels Midland by 113.6% during the third quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock worth $32,000 after buying an additional 284 shares during the last quarter. Finally, Entrust Financial LLC bought a new stake in Archer Daniels Midland during the fourth quarter worth about $35,000. 78.28% of the stock is owned by institutional investors.

Archer Daniels Midland Trading Down 2.1%

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

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $21.35 billion. During the same period in the prior year, the business posted $0.70 earnings per share. Archer Daniels Midland’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. On average, analysts predict that Archer Daniels Midland Company will post 4.43 EPS for the current year.

Archer Daniels Midland Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be issued a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.6%. The ex-dividend date is Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio is currently 93.27%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. UBS Group upped their price objective on shares of Archer Daniels Midland from $70.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Jefferies Financial Group upped their price objective on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research note on Monday, April 6th. Morgan Stanley upped their price objective on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. upped 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 report on Wednesday, May 6th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $63.00 target price on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $74.50.

Insider Activity at Archer Daniels Midland

In related news, SVP Ian R. Pinner sold 34,106 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $71.53, for a total value of $2,439,602.18. Following the transaction, the senior vice president directly owned 90,676 shares in the company, valued at $6,486,054.28. This represents a 27.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Gregory A. Morris sold 50,000 shares of the stock in a transaction that occurred on 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 completion of the transaction, the senior vice president owned 300,122 shares in the company, valued at $20,552,354.56. This represents a 14.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.60% of the company’s stock.

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.