Archer Daniels Midland Company $ADM Shares Sold by PensionDanmark Pensionsforsikringsaktieselskab

Key Points

• PensionDanmark cut its ADM stake by 35.5% in the second quarter, selling 13,200 shares and retaining 24,000 shares valued at approximately $1.83 million. Institutional investors collectively own 78.28% of the company.
• ADM reported quarterly EPS of $1.84, exceeding estimates of $1.49, while revenue rose 7.2% year over year to $22.68 billion, slightly below expectations.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and a $79.67 target price. ADM also declared a quarterly dividend of $0.52 per share, equivalent to a 2.6% annual yield.

PensionDanmark Pensionsforsikringsaktieselskab reduced its position in Archer Daniels Midland Company (NYSE:ADM - Free Report) by 35.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 24,000 shares of the company's stock after selling 13,200 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab's holdings in Archer Daniels Midland were worth $1,834,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Global Trust Asset Management LLC acquired a new stake in shares of Archer Daniels Midland in the first quarter valued at about $29,000. OP Asset Management Ltd purchased a new stake in Archer Daniels Midland during the 1st quarter valued at about $30,000. Motiv8 Investments LLC acquired a new stake in Archer Daniels Midland in the 4th quarter valued at about $26,000. Sankala Group LLC acquired a new stake in Archer Daniels Midland in the 4th quarter valued at about $28,000. Finally, Nalls Sherbakoff Group LLC purchased a new position in Archer Daniels Midland in the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 78.28% of the company's stock.

Analyst Upgrades and Downgrades

ADM has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their price target on Archer Daniels Midland from $65.00 to $74.00 and gave the company an "underweight" rating in a research report on Wednesday, May 6th. Weiss Ratings upgraded Archer Daniels Midland from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday, August 5th. Barclays upped their target price on 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 raised Archer Daniels Midland from a "hold" rating to a "buy" rating in a research note on Saturday, May 9th. Finally, Zacks Research upgraded Archer Daniels Midland from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $79.67.

Archer Daniels Midland Stock Performance

NYSE ADM opened at $80.34 on Tuesday. The stock has a fifty day simple moving average of $79.98 and a 200-day simple moving average of $74.54. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27. The stock has a market cap of $38.72 billion, a PE ratio of 22.01 and a beta of 0.62. Archer Daniels Midland Company has a twelve month low of $55.58 and a twelve month high of $88.46.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $22.68 billion for the quarter, compared to analyst estimates of $22.75 billion. During the same period in the previous year, the firm earned $0.93 EPS. Archer Daniels Midland's revenue was up 7.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Equities analysts anticipate that Archer Daniels Midland Company will post 5.46 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

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

Archer Daniels Midland 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.

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