Archer Daniels Midland Company (NYSE:ADM – Get Free Report) SVP Ian Pinner sold 34,106 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $71.53, for a total value of $2,439,602.18. Following the completion of the sale, the senior vice president owned 90,676 shares of the company’s stock, valued at $6,486,054.28. This represents a 27.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Archer Daniels Midland Trading Up 2.0%
Shares of Archer Daniels Midland stock traded up $1.39 during trading on Tuesday, hitting $72.14. 3,915,492 shares of the company were exchanged, compared to its average volume of 3,846,006. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.83. The firm has a market capitalization of $34.71 billion, a P/E ratio of 32.50, a price-to-earnings-growth ratio of 0.96 and a beta of 0.68. The firm’s fifty day moving average price is $67.13 and its 200 day moving average price is $62.59. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $73.72.
Archer Daniels Midland (NYSE:ADM – Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share 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 for the quarter, compared to the consensus estimate of $21.03 billion. During the same period last year, the company posted $1.14 EPS. Archer Daniels Midland’s revenue for the quarter 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. As a group, sell-side analysts expect that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.
Archer Daniels Midland Increases Dividend
Analysts Set New Price Targets
A number of research firms recently commented on ADM. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. Barclays boosted their target price on Archer Daniels Midland from $61.00 to $68.00 and gave the company an “equal weight” rating in a research note on Thursday, February 19th. UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a report on Monday, December 15th. BMO Capital Markets reaffirmed a “market perform” rating and set a $63.00 price target on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. Finally, Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $58.00.
View Our Latest Research Report on Archer Daniels Midland
Institutional Investors Weigh In On Archer Daniels Midland
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Toth Financial Advisory Corp bought a new position in shares of Archer Daniels Midland in the 4th quarter valued at about $25,000. Motiv8 Investments LLC acquired a new stake in shares of Archer Daniels Midland in the fourth quarter valued at about $26,000. Sankala Group LLC bought a new stake in Archer Daniels Midland during the fourth quarter worth about $28,000. Nalls Sherbakoff Group LLC acquired a new position in Archer Daniels Midland during the fourth quarter valued at approximately $29,000. Finally, Trust Co. of Vermont grew its stake in Archer Daniels Midland by 367.0% in the third quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock valued at $30,000 after purchasing an additional 400 shares in the last quarter. 78.28% of the stock is owned by institutional investors.
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.
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