Lombard Odier Asset Management USA Corp Sells 85,000 Shares of Archer Daniels Midland Company $ADM

Lombard Odier Asset Management USA Corp trimmed its stake in Archer Daniels Midland Company (NYSE:ADM) by 85.0% in the fourth quarter, Holdings Channel reports. The firm owned 15,000 shares of the company’s stock after selling 85,000 shares during the quarter. Lombard Odier Asset Management USA Corp’s holdings in Archer Daniels Midland were worth $862,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ADM. Toth Financial Advisory Corp bought a new position in shares of Archer Daniels Midland during the 4th quarter worth approximately $25,000. Motiv8 Investments LLC acquired a new stake in Archer Daniels Midland during the 4th quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd lifted its holdings in Archer Daniels Midland by 313.8% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after purchasing an additional 386 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in Archer Daniels Midland during the 4th quarter worth approximately $31,000. Finally, Hager Investment Management Services LLC raised its holdings in 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 acquiring an additional 284 shares in the last quarter. 78.28% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. lifted their price objective on Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a report on Monday, April 20th. UBS Group boosted their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday. Barclays boosted their price target on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Finally, Morgan Stanley boosted their price target on Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Archer Daniels Midland has an average rating of “Hold” and an average price target of $75.33.

Archer Daniels Midland Trading Down 1.7%

Shares of ADM stock opened at $77.95 on Wednesday. The stock has a market cap of $37.57 billion, a price-to-earnings ratio of 34.96 and a beta of 0.60. The stock has a 50-day moving average of $76.29 and a 200-day moving average of $69.12. 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 Company has a 1-year low of $51.34 and a 1-year high of $85.37.

Archer Daniels Midland (NYSE:ADM) last announced its 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. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The company had revenue of $20.49 billion for the quarter, compared to analyst estimates of $21.35 billion. During the same quarter in the prior year, the company earned $0.70 EPS. The firm’s revenue for the quarter 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, equities research analysts forecast that Archer Daniels Midland Company will post 4.43 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) 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.