Archer Daniels Midland Company $ADM Shares Sold by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management cut its ADM stake by 70% in the third quarter, selling 661,035 shares and retaining 283,047 shares valued at approximately $22.5 million. Institutional investors collectively own 78.28% of the company.
• ADM reported quarterly EPS of $1.84, beating analyst expectations of $1.49, while revenue totaled $22.68 billion and rose 7.2% year over year. The company guided to fiscal 2026 EPS of $5.15–$5.60.
• ADM maintains a quarterly dividend of $0.52 per share, equivalent to an annualized $2.08 and a 2.5% yield. Analysts’ average rating is “Hold,” with an average price target of $79.83.

Assenagon Asset Management S.A. trimmed its position in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) by 70.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 283,047 shares of the company's stock after selling 661,035 shares during the quarter. Assenagon Asset Management S.A. owned about 0.06% of Archer Daniels Midland worth $22,468,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Triumph Capital Management raised its stake in shares of Archer Daniels Midland by 62.2% in the third quarter. Triumph Capital Management now owns 313 shares of the company's stock worth $25,000 after acquiring an additional 120 shares during the last quarter. QRG Capital Management Inc. lifted its position in shares of Archer Daniels Midland by 0.8% during the first quarter. QRG Capital Management Inc. now owns 20,648 shares of the company's stock worth $1,501,000 after purchasing an additional 164 shares in the last quarter. Midwest Trust Co lifted its position in shares of Archer Daniels Midland by 4.3% during the first quarter. Midwest Trust Co now owns 4,009 shares of the company's stock worth $291,000 after purchasing an additional 167 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of Archer Daniels Midland by 1.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 16,622 shares of the company's stock valued at $956,000 after purchasing an additional 174 shares during the last quarter. Finally, KCM Investment Advisors LLC grew its stake in shares of Archer Daniels Midland by 3.4% during the first quarter. KCM Investment Advisors LLC now owns 5,680 shares of the company's stock valued at $413,000 after purchasing an additional 185 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company's stock.

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $82.47 on Monday. The firm has a fifty day moving average of $82.36 and a two-hundred day moving average of $79.26. The stock has a market capitalization of $39.74 billion, a price-to-earnings ratio of 22.59, a PEG ratio of 2.51 and a beta of 0.64. Archer Daniels Midland Company has a 52 week low of $55.58 and a 52 week high of $88.75. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39.

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

Archer Daniels Midland Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th were issued a dividend of $0.52 per share. The ex-dividend date was Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. Archer Daniels Midland's payout ratio is currently 56.99%.

Analyst Ratings Changes

A number of brokerages recently weighed in on ADM. Barclays raised their price target on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an "equal weight" rating in a report on Wednesday, August 5th. Wall Street Zen downgraded Archer Daniels Midland from a "strong-buy" rating to a "buy" rating in a report on Saturday, October 10th. Zacks Research lowered Archer Daniels Midland from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 5th. Weiss Ratings upgraded Archer Daniels Midland from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, October 8th. Finally, Jefferies Financial Group raised Archer Daniels Midland to a "hold" rating in a research note on Tuesday, September 29th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Archer Daniels Midland has an average rating of "Hold" and an average price target of $79.83.

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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