Gamco Investors INC. ET AL Has $14.84 Million Stock Holdings in Archer Daniels Midland Company $ADM

Gamco Investors INC. ET AL decreased its holdings in shares of Archer Daniels Midland Company (NYSE:ADMFree Report) by 5.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 258,073 shares of the company’s stock after selling 16,009 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Archer Daniels Midland were worth $14,837,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Gabelli Funds LLC lifted its holdings in Archer Daniels Midland by 1.9% during the 4th quarter. Gabelli Funds LLC now owns 205,500 shares of the company’s stock valued at $11,814,000 after purchasing an additional 3,800 shares during the last quarter. North Dakota State Investment Board acquired a new stake in Archer Daniels Midland during the 4th quarter valued at $1,634,000. Elyxium Wealth LLC acquired a new stake in Archer Daniels Midland during the 4th quarter valued at $31,000. iA Global Asset Management Inc. lifted its holdings in Archer Daniels Midland by 12.3% during the 4th quarter. iA Global Asset Management Inc. now owns 38,714 shares of the company’s stock valued at $2,226,000 after purchasing an additional 4,240 shares during the last quarter. Finally, Canada Post Corp Registered Pension Plan increased its stake in shares of Archer Daniels Midland by 27.0% during the fourth quarter. Canada Post Corp Registered Pension Plan now owns 12,008 shares of the company’s stock worth $690,000 after purchasing an additional 2,550 shares during the period. Institutional investors and hedge funds own 78.28% of the company’s stock.

Insiders Place Their Bets

In other Archer Daniels Midland news, SVP Ian R. Pinner sold 34,106 shares of the firm’s 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 transaction, the senior vice president owned 90,676 shares in the company, valued at $6,486,054.28. This trade represents a 27.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Gregory A. Morris sold 50,000 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $68.48, for a total value of $3,424,000.00. Following the transaction, the senior vice president owned 300,122 shares in the company, valued at approximately $20,552,354.56. This trade represents a 14.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.60% of the stock is owned by company insiders.

Archer Daniels Midland Stock Performance

NYSE:ADM opened at $80.95 on Tuesday. The stock has a market cap of $39.01 billion, a P/E ratio of 36.30 and a beta of 0.59. The stock has a 50 day simple moving average of $72.49 and a 200 day simple moving average of $65.99. 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 $46.81 and a 1-year high of $83.10.

Archer Daniels Midland (NYSE:ADMGet Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, topping 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 business had revenue of $20.49 billion during the quarter, compared to analysts’ expectations of $21.35 billion. During the same period last year, the firm posted $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. Research analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is 93.27%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Morgan Stanley lifted 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. JPMorgan Chase & Co. lifted their price target on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Monday, April 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a report on Monday, April 20th. Finally, Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Archer Daniels Midland presently has a consensus rating of “Hold” and an average target price of $74.50.

Read Our Latest Stock Analysis on Archer Daniels Midland

Archer Daniels Midland Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding ADM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Archer Daniels Midland Company (NYSE:ADMFree Report).

Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

Receive News & Ratings for Archer Daniels Midland Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archer Daniels Midland and related companies with MarketBeat.com's FREE daily email newsletter.