134,194 Archer Daniels Midland Company $ADM Shares Sold by Vest Financial LLC

Key Points

• Vest Financial LLC reduced its ADM stake by 19.3%, selling 134,194 shares during the third quarter and retaining 561,187 shares valued at approximately $44.5 million. Institutional investors collectively own 78.28% of the company.
• Analyst sentiment is mixed, with ADM holding a consensus “Hold” rating and an average price target of $79.83; ratings ranged from Buy to Sell.
• ADM reported quarterly EPS of $1.84, beating estimates of $1.49, while revenue reached $22.68 billion. The company also maintains a quarterly dividend of $0.52 per share, equivalent to a 2.6% yield.

Vest Financial LLC lessened its stake in Archer Daniels Midland Company (NYSE:ADM - Free Report) by 19.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 561,187 shares of the company's stock after selling 134,194 shares during the quarter. Vest Financial LLC owned 0.12% of Archer Daniels Midland worth $44,547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of ADM. Magnus Financial Group LLC bought a new stake in Archer Daniels Midland in the 3rd quarter worth about $208,000. Axxcess Wealth Management LLC bought a new position in Archer Daniels Midland during the 3rd quarter valued at about $307,000. Bell Bank lifted its stake in Archer Daniels Midland by 1.0% during the 3rd quarter. Bell Bank now owns 170,119 shares of the company's stock valued at $13,504,000 after acquiring an additional 1,759 shares during the period. Nisa Investment Advisors LLC lifted its stake in Archer Daniels Midland by 1.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 145,020 shares of the company's stock valued at $11,512,000 after acquiring an additional 2,372 shares during the period. Finally, Revisor Wealth Management LLC boosted its holdings in shares of Archer Daniels Midland by 4.7% during the 3rd quarter. Revisor Wealth Management LLC now owns 5,540 shares of the company's stock valued at $454,000 after acquiring an additional 250 shares during the last quarter. Institutional investors own 78.28% of the company's stock.

Analyst Ratings Changes

ADM has been the subject of several research reports. Wall Street Zen cut shares of Archer Daniels Midland from a "strong-buy" rating to a "buy" rating in a report on Saturday, October 10th. JPMorgan Chase & Co. lowered their price objective on shares of Archer Daniels Midland from $77.00 to $75.00 and set an "underweight" rating on the stock in a research report on Monday, October 12th. Zacks Research cut shares of Archer Daniels Midland from a "strong-buy" rating to a "hold" rating in a report on Monday, October 5th. Jefferies Financial Group upgraded shares of Archer Daniels Midland to a "hold" rating in a report on Tuesday, September 29th. Finally, Weiss Ratings raised shares of Archer Daniels Midland from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, October 8th. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $79.83.

Archer Daniels Midland Trading Down 1.3%

Archer Daniels Midland stock opened at $79.40 on Thursday. The firm has a 50 day moving average of $82.35 and a 200 day moving average of $79.41. The firm has a market capitalization of $38.27 billion, a price-to-earnings ratio of 21.75, a P/E/G ratio of 2.44 and a beta of 0.64. Archer Daniels Midland Company has a 12-month low of $55.58 and a 12-month high of $88.75. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.35. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The company had revenue of $22.68 billion during the quarter, compared to the consensus estimate of $22.75 billion. During the same quarter in the prior year, the firm posted $0.93 EPS. Archer Daniels Midland's quarterly revenue was up 7.2% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, research analysts predict that Archer Daniels Midland Company will post 5.50 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Archer Daniels Midland's payout ratio is currently 56.99%.

Archer Daniels Midland Profile

Archer Daniels Midland Company NYSE: ADM is a global agricultural origination and processing company. Founded in 1902, ADM connects farmers and producers with markets worldwide by sourcing, transporting, storing and processing crops and other agricultural commodities.

The company processes oilseeds, corn, wheat and other crops into ingredients and products used in food and beverages, animal nutrition, renewable fuels and industrial applications. Its offerings include vegetable oils, protein meals, sweeteners, starches, flour, food ingredients, animal feed ingredients and biofuels, as well as specialty ingredients developed through its nutrition businesses.

ADM operates an integrated network of agricultural facilities, processing plants, transportation assets and commercial offices serving customers across North America, South America, Europe, Asia and other international markets.

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