Mitsubishi UFJ Asset Management Co. Ltd. Has $62.33 Million Holdings in Archer Daniels Midland Company $ADM

Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Archer Daniels Midland Company (NYSE:ADM) by 3.8% during the third quarter, Holdings Channel reports. The firm owned 1,043,345 shares of the company’s stock after purchasing an additional 37,763 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Archer Daniels Midland were worth $62,329,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of ADM. Dodge & Cox bought a new position in Archer Daniels Midland during the second quarter worth $345,689,000. Norges Bank acquired a new stake in Archer Daniels Midland during the 2nd quarter worth about $340,247,000. Pacer Advisors Inc. grew its holdings in Archer Daniels Midland by 8,609.3% during the 3rd quarter. Pacer Advisors Inc. now owns 4,405,427 shares of the company’s stock worth $263,180,000 after acquiring an additional 4,354,844 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Archer Daniels Midland by 3.6% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 18,076,118 shares of the company’s stock worth $954,058,000 after acquiring an additional 620,794 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of Archer Daniels Midland by 193.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 557,621 shares of the company’s stock valued at $33,312,000 after purchasing an additional 367,293 shares during the period. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer Daniels Midland Price Performance

Shares of ADM opened at $68.93 on Friday. The business’s fifty day moving average is $64.66 and its 200 day moving average is $61.94. Archer Daniels Midland Company has a 12-month low of $40.98 and a 12-month high of $70.09. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 0.29. The stock has a market cap of $33.17 billion, a P/E ratio of 31.05, a P/E/G ratio of 0.90 and a beta of 0.71.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.07. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.39%. The business had revenue of $18.56 billion during the quarter, compared to analyst estimates of $21.03 billion. During the same quarter in the previous year, the business posted $1.14 EPS. Archer Daniels Midland’s quarterly 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. Sell-side analysts anticipate that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Increases Dividend

The firm also recently announced 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. The ex-dividend date is Tuesday, February 17th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.0%. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.69%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on ADM shares. JPMorgan Chase & Co. lifted their target price on Archer Daniels Midland from $60.00 to $61.00 and gave the stock an “underweight” rating in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. UBS Group reiterated a “buy” rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. Morgan Stanley lowered shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and cut their target price for the stock from $57.00 to $50.00 in a research note on Tuesday, December 16th. Finally, Zacks Research upgraded shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $58.00.

Insider Activity

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

About Archer Daniels Midland

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.