Fideuram Intesa Sanpaolo Private Banking S.P.A. Buys Shares of 170,006 Archer Daniels Midland Company $ADM

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Archer Daniels Midland Company (NYSE:ADM) during the 4th quarter, Holdings Channel reports. The firm bought 170,006 shares of the company’s stock, valued at approximately $9,774,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Toth Financial Advisory Corp purchased a new position in shares of Archer Daniels Midland in the 4th quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Archer Daniels Midland by 313.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock valued at $30,000 after purchasing an additional 386 shares during the last quarter. Hager Investment Management Services LLC grew its stake in shares of Archer Daniels Midland by 113.6% in the 3rd quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock valued at $32,000 after purchasing an additional 284 shares during the last quarter. Elyxium Wealth LLC purchased a new position in shares of Archer Daniels Midland in the 4th quarter valued at approximately $31,000. Finally, Entrust Financial LLC purchased a new position in shares of Archer Daniels Midland in the 4th quarter valued at approximately $35,000. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on ADM shares. UBS Group lifted their target price on Archer Daniels Midland from $70.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. BMO Capital Markets restated a “market perform” rating and issued a $63.00 price target on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 6th. Morgan Stanley lifted their price target on Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $74.50.

Insiders Place Their Bets

In other news, SVP Ian R. Pinner sold 34,106 shares of the business’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $71.53, for a total value of $2,439,602.18. Following the completion of the transaction, the senior vice president directly owned 90,676 shares of the company’s stock, valued at $6,486,054.28. The trade was a 27.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Gregory A. Morris sold 50,000 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $68.48, for a total value of $3,424,000.00. Following the completion of the transaction, the senior vice president directly owned 300,122 shares of the company’s stock, valued at approximately $20,552,354.56. This trade represents a 14.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.60% of the company’s stock.

Archer Daniels Midland Stock Performance

Shares of ADM stock opened at $79.23 on Wednesday. The stock has a fifty day moving average price of $72.73 and a 200 day moving average price of $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 Company has a 1 year low of $46.81 and a 1 year high of $83.10. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 earnings per share (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 was up 1.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Sell-side analysts forecast that Archer Daniels Midland Company will post 4.43 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, May 20th. Archer Daniels Midland’s payout ratio is 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.