Humankind Investments LLC Grows Stock Position in Archer-Daniels-Midland Company (NYSE:ADM)

Humankind Investments LLC increased its holdings in Archer-Daniels-Midland Company (NYSE:ADM) by 15.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 45,991 shares of the company’s stock after acquiring an additional 6,074 shares during the period. Archer-Daniels-Midland makes up about 0.6% of Humankind Investments LLC’s holdings, making the stock its 26th largest holding. Humankind Investments LLC’s holdings in Archer-Daniels-Midland were worth $2,323,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ADM. Norges Bank purchased a new stake in shares of Archer-Daniels-Midland in the 4th quarter valued at approximately $333,521,000. Pacer Advisors Inc. increased its holdings in Archer-Daniels-Midland by 28.4% in the 4th quarter. Pacer Advisors Inc. now owns 10,382,639 shares of the company’s stock valued at $524,531,000 after purchasing an additional 2,296,193 shares during the last quarter. Wellington Management Group LLP raised its position in Archer-Daniels-Midland by 8.9% in the fourth quarter. Wellington Management Group LLP now owns 21,152,539 shares of the company’s stock valued at $1,068,626,000 after purchasing an additional 1,722,428 shares during the period. Invesco Ltd. lifted its stake in Archer-Daniels-Midland by 24.8% during the fourth quarter. Invesco Ltd. now owns 7,145,818 shares of the company’s stock worth $361,007,000 after purchasing an additional 1,420,625 shares in the last quarter. Finally, Amundi boosted its position in shares of Archer-Daniels-Midland by 56.7% during the fourth quarter. Amundi now owns 2,473,393 shares of the company’s stock worth $123,340,000 after buying an additional 894,562 shares during the period. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer-Daniels-Midland Stock Performance

NYSE:ADM opened at $48.55 on Friday. The firm has a market capitalization of $23.33 billion, a PE ratio of 13.45, a price-to-earnings-growth ratio of 1.54 and a beta of 0.69. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 0.81. The business’s fifty day moving average price is $47.01 and its 200 day moving average price is $49.54. Archer-Daniels-Midland Company has a 12 month low of $40.98 and a 12 month high of $66.08.

Archer-Daniels-Midland (NYSE:ADM) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.01. Archer-Daniels-Midland had a net margin of 2.10% and a return on equity of 10.44%. The business had revenue of $20.18 billion during the quarter, compared to the consensus estimate of $22.05 billion. During the same quarter in the previous year, the firm earned $1.46 EPS. The company’s revenue was down 7.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Archer-Daniels-Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer-Daniels-Midland Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 4.20%. The ex-dividend date of this dividend is Wednesday, May 21st. Archer-Daniels-Midland’s dividend payout ratio (DPR) is 72.86%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Barclays decreased their target price on Archer-Daniels-Midland from $50.00 to $48.00 and set an “underweight” rating on the stock in a research note on Monday, February 24th. Morgan Stanley lowered their price objective on shares of Archer-Daniels-Midland from $52.00 to $47.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 11th. BMO Capital Markets cut their target price on shares of Archer-Daniels-Midland from $51.00 to $49.00 and set a “market perform” rating on the stock in a research note on Wednesday, February 5th. Citigroup dropped their price target on shares of Archer-Daniels-Midland from $51.00 to $49.00 and set a “neutral” rating for the company in a research note on Tuesday, April 15th. Finally, Stephens cut their price objective on Archer-Daniels-Midland from $55.00 to $52.00 in a research report on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $52.50.

Archer-Daniels-Midland Profile

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.