Pacer Advisors Inc. Buys 179,889 Shares of Archer Daniels Midland Company $ADM

Pacer Advisors Inc. boosted its position in shares of Archer Daniels Midland Company (NYSE:ADMFree Report) by 4.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,585,316 shares of the company’s stock after acquiring an additional 179,889 shares during the period. Pacer Advisors Inc.’s holdings in Archer Daniels Midland were worth $263,610,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ADM. Vanguard Group Inc. boosted its holdings in Archer Daniels Midland by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 59,180,117 shares of the company’s stock valued at $3,402,265,000 after acquiring an additional 536,265 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Archer Daniels Midland by 2.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 18,829,140 shares of the company’s stock worth $1,082,487,000 after buying an additional 449,815 shares during the period. Dodge & Cox boosted its holdings in shares of Archer Daniels Midland by 13.4% in the 4th quarter. Dodge & Cox now owns 17,084,645 shares of the company’s stock valued at $982,196,000 after buying an additional 2,016,101 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Archer Daniels Midland by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 12,628,065 shares of the company’s stock valued at $723,175,000 after acquiring an additional 109,556 shares during the period. Finally, Northern Trust Corp grew its holdings in Archer Daniels Midland by 5.7% during the fourth quarter. Northern Trust Corp now owns 11,431,704 shares of the company’s stock worth $657,209,000 after purchasing an additional 612,974 shares during the period. 78.28% of the stock is owned by institutional investors.

Archer Daniels Midland Trading Down 1.9%

ADM stock opened at $75.06 on Friday. The company has a market capitalization of $36.18 billion, a PE ratio of 33.66 and a beta of 0.60. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31. Archer Daniels Midland Company has a one year low of $51.34 and a one year high of $85.37. The company’s 50 day moving average price is $76.41 and its two-hundred day moving average price is $69.33.

Archer Daniels Midland (NYSE:ADMGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $21.35 billion. During the same quarter in the prior year, the company earned $0.70 EPS. The firm’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. As a group, analysts predict that Archer Daniels Midland Company will post 4.43 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.27%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ADM. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Monday, April 20th. UBS Group boosted their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday. Morgan Stanley upped their price objective on Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Jefferies Financial Group increased their price objective on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research report on Monday, April 6th. Finally, Wall Street Zen upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $75.33.

Get Our Latest Analysis on ADM

Archer Daniels Midland Company Profile

(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.

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

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