Daiwa Securities Group Inc. Has $5.66 Million Position in Archer Daniels Midland Company $ADM

Daiwa Securities Group Inc. increased its stake in Archer Daniels Midland Company (NYSE:ADMFree Report) by 9.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 98,481 shares of the company’s stock after purchasing an additional 8,886 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Archer Daniels Midland were worth $5,662,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ADM. Toth Financial Advisory Corp acquired a new stake in Archer Daniels Midland in the 4th quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd lifted its holdings in Archer Daniels Midland by 313.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after purchasing an additional 386 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in Archer Daniels Midland in the 4th quarter worth approximately $31,000. Hager Investment Management Services LLC lifted its holdings in Archer Daniels Midland by 113.6% in the 3rd quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock worth $32,000 after purchasing an additional 284 shares during the last quarter. Finally, Entrust Financial LLC acquired a new stake in Archer Daniels Midland in the 4th quarter worth approximately $35,000. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ADM has been the subject of several analyst reports. UBS Group boosted their target price on Archer Daniels Midland from $70.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. JPMorgan Chase & Co. boosted their target price on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Barclays lifted their price target on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Monday, April 20th. Finally, 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 research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Archer Daniels Midland presently has a consensus rating of “Hold” and a consensus price target of $74.50.

Get Our Latest Stock Report on Archer Daniels Midland

Archer Daniels Midland Stock Performance

Shares of NYSE ADM opened at $81.18 on Monday. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. The business’s 50 day moving average is $75.31 and its two-hundred day moving average is $68.11. The company has a market cap of $39.13 billion, a P/E ratio of 36.40 and a beta of 0.60. Archer Daniels Midland Company has a 12 month low of $47.25 and a 12 month high of $85.37.

Archer Daniels Midland (NYSE:ADMGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.66 by $0.05. The company had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The company’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, equities analysts expect that Archer Daniels Midland Company will post 4.43 EPS for the current year.

Archer Daniels Midland Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be given a dividend of $0.52 per share. The ex-dividend date is Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. Archer Daniels Midland’s payout ratio is currently 93.27%.

Insider Buying and Selling

In other news, SVP Ian R. Pinner sold 34,106 shares of the business’s stock in a transaction that occurred 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 sale, the senior vice president directly owned 90,676 shares in the company, valued at approximately $6,486,054.28. The trade was a 27.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Gregory A. Morris sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $68.48, for a total value of $3,424,000.00. Following the sale, the senior vice president owned 300,122 shares in the company, valued at approximately $20,552,354.56. This represents a 14.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.60% of the company’s stock.

About Archer Daniels Midland

(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

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

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