ING Groep NV Buys Shares of 62,107 Archer Daniels Midland Company $ADM

ING Groep NV bought a new stake in Archer Daniels Midland Company (NYSE:ADM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 62,107 shares of the company’s stock, valued at approximately $3,571,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Archer Daniels Midland by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 59,180,117 shares of the company’s stock valued at $3,402,265,000 after purchasing an additional 536,265 shares during the last quarter. Dodge & Cox grew its stake in shares of Archer Daniels Midland by 130.1% in the 3rd quarter. Dodge & Cox now owns 15,068,544 shares of the company’s stock valued at $900,195,000 after purchasing an additional 8,518,920 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Archer Daniels Midland by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 12,628,065 shares of the company’s stock valued at $723,175,000 after purchasing an additional 109,556 shares during the last quarter. Norges Bank purchased a new position in shares of Archer Daniels Midland in the 4th quarter valued at approximately $402,743,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Archer Daniels Midland by 3,379.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,761,397 shares of the company’s stock valued at $316,525,000 after purchasing an additional 5,595,801 shares during the last quarter. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ADM shares. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 6th. JPMorgan Chase & Co. lifted their target price on Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a report on Monday, April 20th. Barclays raised their price target 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. Finally, Jefferies Financial Group raised their price target on Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a report on Monday, April 6th. One 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 assigned a Sell rating to the stock. According to data from MarketBeat, Archer Daniels Midland has a consensus rating of “Hold” and an average target price of $74.50.

Insider Transactions at Archer Daniels Midland

In related news, SVP Ian R. Pinner sold 34,106 shares of Archer Daniels Midland stock in a transaction on Friday, March 13th. The stock was sold at an average price of $71.53, for a total transaction 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 approximately $6,486,054.28. The trade was a 27.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.60% of the company’s stock.

Archer Daniels Midland Stock Down 0.9%

ADM opened at $80.20 on Tuesday. 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 business has a 50 day simple moving average of $75.47 and a 200-day simple moving average of $68.25. The stock has a market capitalization of $38.65 billion, a P/E ratio of 35.96 and a beta of 0.60. Archer Daniels Midland Company has a 12 month low of $47.42 and a 12 month high of $85.37.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings results 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 analysts’ expectations of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The company’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period last year, the firm earned $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, equities analysts anticipate that Archer Daniels Midland Company will post 4.43 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company 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 dividend of $0.52 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $2.08 annualized dividend and a yield of 2.6%. 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.