NEOS Investment Management LLC Has $3.96 Million Stock Holdings in Archer Daniels Midland Company $ADM

NEOS Investment Management LLC raised its position in Archer Daniels Midland Company (NYSE:ADM) by 38.1% during the third quarter, HoldingsChannel.com reports. The firm owned 66,313 shares of the company’s stock after buying an additional 18,287 shares during the quarter. NEOS Investment Management LLC’s holdings in Archer Daniels Midland were worth $3,962,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in ADM. Robeco Institutional Asset Management B.V. lifted its position in shares of Archer Daniels Midland by 193.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 557,621 shares of the company’s stock worth $33,312,000 after purchasing an additional 367,293 shares during the last quarter. AlphaQuest LLC acquired a new position in shares of Archer Daniels Midland during the third quarter worth approximately $1,332,000. Allstate Corp bought a new stake in shares of Archer Daniels Midland in the third quarter valued at approximately $1,044,000. Allianz Asset Management GmbH grew its stake in shares of Archer Daniels Midland by 45.8% in the third quarter. Allianz Asset Management GmbH now owns 872,406 shares of the company’s stock worth $52,118,000 after acquiring an additional 273,930 shares during the last quarter. Finally, Convergence Investment Partners LLC bought a new position in Archer Daniels Midland during the third quarter worth $1,466,000. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer Daniels Midland Price Performance

Shares of Archer Daniels Midland stock opened at $68.92 on Friday. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $70.09. The firm’s 50-day moving average price is $63.59 and its two-hundred day moving average price is $61.50. The company has a current ratio of 1.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $33.16 billion, a price-to-earnings ratio of 31.05, a P/E/G ratio of 0.90 and a beta of 0.71.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.07. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The company had revenue of $18.56 billion for the quarter, compared to analyst estimates of $21.03 billion. During the same quarter in the previous year, the firm earned $1.14 earnings per share. The business’s revenue was down 13.7% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. On average, equities analysts predict that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be issued a $0.52 dividend. This is an increase from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio (DPR) is 93.69%.

Insider Buying and Selling at Archer Daniels Midland

In other news, Director David R. Mcatee II acquired 7,500 shares of the company’s stock in a transaction on Thursday, February 5th. The stock was purchased at an average cost of $64.90 per share, with a total value of $486,750.00. Following the acquisition, the director owned 7,500 shares of the company’s stock, valued at $486,750. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Jennifer L. Weber sold 25,000 shares of Archer Daniels Midland stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $67.04, for a total value of $1,676,000.00. Following the sale, the senior vice president directly owned 123,668 shares of the company’s stock, valued at approximately $8,290,702.72. This trade represents a 16.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on ADM shares. JPMorgan Chase & Co. increased their price target on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a report on Wednesday, February 4th. Barclays boosted their price target on Archer Daniels Midland from $61.00 to $68.00 and gave the company an “equal weight” rating in a research note on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Finally, Morgan Stanley downgraded shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $57.00 to $50.00 in a research note on Tuesday, December 16th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $58.00.

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.