Healthcare of Ontario Pension Plan Trust Fund Has $22.62 Million Holdings in Archer Daniels Midland Company $ADM

Healthcare of Ontario Pension Plan Trust Fund decreased its position in Archer Daniels Midland Company (NYSE:ADM) by 40.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 311,195 shares of the company’s stock after selling 208,802 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Archer Daniels Midland were worth $22,621,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Norges Bank bought a new stake in shares of Archer Daniels Midland in the 4th quarter valued at $402,743,000. Swedbank AB boosted its stake in Archer Daniels Midland by 9.2% during the fourth quarter. Swedbank AB now owns 399,047 shares of the company’s stock worth $22,941,000 after acquiring an additional 33,647 shares in the last quarter. SG Americas Securities LLC boosted its stake in Archer Daniels Midland by 26.6% during the fourth quarter. SG Americas Securities LLC now owns 70,613 shares of the company’s stock worth $4,060,000 after acquiring an additional 14,829 shares in the last quarter. Banque Cantonale Vaudoise grew its holdings in Archer Daniels Midland by 56.4% in the fourth quarter. Banque Cantonale Vaudoise now owns 50,181 shares of the company’s stock worth $2,886,000 after purchasing an additional 18,088 shares during the period. Finally, Fisher Asset Management LLC grew its holdings in Archer Daniels Midland by 385.5% in the fourth quarter. Fisher Asset Management LLC now owns 17,098 shares of the company’s stock worth $983,000 after purchasing an additional 13,576 shares during the period. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer Daniels Midland Trading Up 0.1%

Shares of Archer Daniels Midland stock opened at $85.98 on Monday. The company has a market capitalization of $41.44 billion, a P/E ratio of 38.56 and a beta of 0.62. The stock has a fifty day simple moving average of $79.85 and a 200 day simple moving average of $73.25. Archer Daniels Midland Company has a 12-month low of $52.96 and a 12-month high of $88.46. 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 (NYSE:ADM) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.05. The business had revenue of $20.49 billion for the quarter, compared to analysts’ expectations of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The business’s revenue was up 1.6% on a year-over-year basis. During the same period last year, the business earned $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, sell-side analysts anticipate that Archer Daniels Midland Company will post 4.76 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.27%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ADM shares. Zacks Research lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Jefferies Financial Group raised their target price 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. Morgan Stanley boosted their target price on Archer Daniels Midland from $58.00 to $60.00 and gave the company an “underweight” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. increased 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. Finally, UBS Group raised their price objective on Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, June 15th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $75.67.

Archer Daniels Midland Company Profile

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.