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Korea Investment CORP Has $30.30 Million Position in Archer Daniels Midland Company $ADM

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Key Points

  • Korea Investment CORP boosted its position in Archer Daniels Midland by 115.8% in Q3, adding 272,100 shares to hold 507,131 shares worth about $30.30 million (roughly 0.11% of ADM).
  • Wall Street sentiment is mixed-to-negative with a consensus rating of Reduce and an average price target of $58, based on 1 Buy, 5 Hold and 3 Sell ratings.
  • ADM raised its quarterly dividend to $0.52 (annual $2.08, yield 3.1%) while reporting a Q beat on EPS ($0.87 vs. $0.80) but a 13.7% revenue decline year-over-year and FY2026 guidance of 3.60–4.25 EPS (analyst average ~4.31); the payout ratio is high at about 93.7%.
  • Five stocks to consider instead of Archer Daniels Midland.

Korea Investment CORP boosted its position in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) by 115.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 507,131 shares of the company's stock after buying an additional 272,100 shares during the quarter. Korea Investment CORP owned approximately 0.11% of Archer Daniels Midland worth $30,296,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in Archer Daniels Midland by 11.9% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 68,107 shares of the company's stock valued at $4,069,000 after acquiring an additional 7,237 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich acquired a new position in Archer Daniels Midland during the 3rd quarter valued at about $61,290,000. Gabelli Funds LLC boosted its stake in shares of Archer Daniels Midland by 1.6% in the 3rd quarter. Gabelli Funds LLC now owns 201,700 shares of the company's stock valued at $12,050,000 after purchasing an additional 3,100 shares during the last quarter. Crossmark Global Holdings Inc. raised its stake in shares of Archer Daniels Midland by 131.4% during the third quarter. Crossmark Global Holdings Inc. now owns 62,542 shares of the company's stock worth $3,736,000 after buying an additional 35,518 shares during the last quarter. Finally, JT Stratford LLC acquired a new position in Archer Daniels Midland in the third quarter valued at approximately $965,000. 78.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Zacks Research upgraded Archer Daniels Midland from a "strong sell" rating to a "hold" rating in a research report on Friday, January 23rd. BMO Capital Markets restated a "market perform" rating and set a $63.00 target price on shares of Archer Daniels Midland in a report on Wednesday, February 4th. Morgan Stanley lowered Archer Daniels Midland from an "equal weight" rating to an "underweight" rating and decreased their target price for the stock from $57.00 to $50.00 in a research report on Tuesday, December 16th. JPMorgan Chase & Co. upped their price target on Archer Daniels Midland from $60.00 to $61.00 and gave the company an "underweight" rating in a research note on Wednesday, February 4th. Finally, UBS Group reiterated a "buy" rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Reduce" and a consensus price target of $58.00.

Read Our Latest Stock Analysis on Archer Daniels Midland

Insider Buying and Selling

In related news, SVP Jennifer L. Weber sold 25,000 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $67.04, for a total transaction of $1,676,000.00. Following the completion of the sale, the senior vice president directly owned 123,668 shares of the company's stock, valued at approximately $8,290,702.72. This represents a 16.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David R. Mcatee II purchased 7,500 shares of the business's stock in a transaction on Thursday, February 5th. The stock was bought at an average cost of $64.90 per share, for a total transaction of $486,750.00. Following the purchase, the director owned 7,500 shares of the company's stock, valued at approximately $486,750. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. 0.70% of the stock is currently owned by corporate insiders.

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $67.90 on Tuesday. The stock's fifty day simple moving average is $65.86 and its 200 day simple moving average is $62.31. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $32.67 billion, a PE ratio of 30.59, a PEG ratio of 0.90 and a beta of 0.68. Archer Daniels Midland Company has a 12 month low of $40.98 and a 12 month high of $70.48.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last posted its earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.07. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The firm had revenue of $18.56 billion during the quarter, compared to analysts' expectations of $21.03 billion. During the same period in the previous year, the firm earned $1.14 earnings per share. The company's revenue was down 13.7% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. On average, research analysts predict that Archer Daniels Midland Company will post 4.31 EPS for the current year.

Archer Daniels Midland Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be given a $0.52 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $2.08 annualized dividend and a dividend yield of 3.1%. This is a boost from Archer Daniels Midland's previous quarterly dividend of $0.51. Archer Daniels Midland's payout ratio is presently 93.69%.

About Archer Daniels Midland

(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)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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