Vest Financial LLC Sells 191,211 Shares of Archer Daniels Midland Company $ADM

Vest Financial LLC cut its position in Archer Daniels Midland Company (NYSE:ADM) by 19.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 796,756 shares of the company’s stock after selling 191,211 shares during the period. Vest Financial LLC’s holdings in Archer Daniels Midland were worth $45,806,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Toth Financial Advisory Corp bought a new position in Archer Daniels Midland in the fourth quarter valued at about $25,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Archer Daniels Midland by 313.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock valued at $30,000 after buying an additional 386 shares during the period. Hager Investment Management Services LLC increased its stake in shares of Archer Daniels Midland by 113.6% in the third quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock valued at $32,000 after buying an additional 284 shares during the period. Oakworth Capital Inc. increased its stake in shares of Archer Daniels Midland by 57.0% in the fourth quarter. Oakworth Capital Inc. now owns 628 shares of the company’s stock valued at $36,000 after buying an additional 228 shares during the period. Finally, Caldwell Trust Co increased its stake in shares of Archer Daniels Midland by 44.7% in the third quarter. Caldwell Trust Co now owns 647 shares of the company’s stock valued at $39,000 after buying an additional 200 shares during the period. 78.28% of the stock is currently owned by institutional investors.

Insider Transactions at Archer Daniels Midland

In other Archer Daniels Midland news, SVP Jennifer L. Weber sold 25,000 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 123,668 shares in the company, valued at approximately $8,290,702.72. This represents a 16.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David R. Mcatee II purchased 7,500 shares of the business’s stock in a transaction on Thursday, February 5th. The stock was purchased at an average price of $64.90 per share, for a total transaction of $486,750.00. Following the acquisition, the director owned 7,500 shares of the company’s stock, valued at approximately $486,750. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 109,106 shares of company stock worth $7,539,602 in the last three months. Insiders own 0.60% of the company’s stock.

Archer Daniels Midland Trading Up 2.0%

NYSE ADM opened at $70.60 on Tuesday. The business has a 50 day simple moving average of $69.76 and a 200 day simple moving average of $64.51. Archer Daniels Midland Company has a one year low of $46.81 and a one year high of $74.19. The stock has a market capitalization of $34.02 billion, a P/E ratio of 31.80, a P/E/G ratio of 0.83 and a beta of 0.65. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.83.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, topping the consensus estimate 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 business had revenue of $18.56 billion during the quarter, compared to analysts’ expectations of $21.03 billion. During the same quarter last year, the firm posted $1.14 earnings per share. The firm’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. Research analysts expect that Archer Daniels Midland Company will post 4.42 earnings per share for the current year.

Archer Daniels Midland Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were issued a $0.52 dividend. The ex-dividend date was Tuesday, February 17th. This is an increase from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 annualized dividend and a yield of 2.9%. Archer Daniels Midland’s dividend payout ratio is currently 93.69%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ADM. Jefferies Financial Group increased their price target on Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research note on Monday, April 6th. JPMorgan Chase & Co. increased their price target on Archer Daniels Midland from $61.00 to $65.00 and gave the company an “underweight” rating in a research note on Tuesday, March 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Monday, April 20th. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 6th. Finally, Barclays increased their price target on Archer Daniels Midland from $68.00 to $77.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $63.86.

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.