Archer Daniels Midland Company $ADM Stock Holdings Trimmed by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. lessened its stake in Archer Daniels Midland Company (NYSE:ADM) by 6.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 159,138 shares of the company’s stock after selling 10,868 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Archer Daniels Midland were worth $11,568,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Keybank National Association OH raised its position in Archer Daniels Midland by 5.7% in the first quarter. Keybank National Association OH now owns 35,477 shares of the company’s stock worth $2,579,000 after acquiring an additional 1,912 shares in the last quarter. Root Financial Partners LLC boosted its position in shares of Archer Daniels Midland by 36.9% in the first quarter. Root Financial Partners LLC now owns 1,589 shares of the company’s stock worth $116,000 after buying an additional 428 shares during the period. Stock Yards Bank & Trust Co. purchased a new position in Archer Daniels Midland during the 1st quarter valued at about $237,000. IFM Investors Pty Ltd boosted its stake in shares of Archer Daniels Midland by 4.1% during the 1st quarter. IFM Investors Pty Ltd now owns 74,024 shares of the company’s stock valued at $5,381,000 after buying an additional 2,882 shares during the period. Finally, Global Trust Asset Management LLC purchased a new position in Archer Daniels Midland in the first quarter valued at about $29,000. Institutional investors own 78.28% of the company’s stock.

Analyst Ratings Changes

ADM has been the topic of several analyst reports. Morgan Stanley increased their price target on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Zacks Research lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Jefferies Financial Group lifted their price objective on Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a report on Monday, April 6th. Wall Street Zen upgraded shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Barclays upped their price objective on Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $75.33.

Archer Daniels Midland Stock Up 0.2%

Shares of NYSE:ADM opened at $76.77 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31. The company has a market capitalization of $37.00 billion, a PE ratio of 34.43 and a beta of 0.62. Archer Daniels Midland Company has a 52 week low of $52.23 and a 52 week high of $85.37. The company’s fifty day moving average is $77.83 and its 200-day moving average is $70.52.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings data 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 net margin of 1.34% and a return on equity of 7.37%. The company had revenue of $20.49 billion during the quarter, compared to analyst estimates of $21.35 billion. During the same quarter last year, the business posted $0.70 earnings per share. The company’s revenue was up 1.6% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Equities research analysts predict that Archer Daniels Midland Company will post 4.47 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were given a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.7%. The ex-dividend date was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.27%.

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.