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M&T Bank Corp Purchases 19,321 Shares of Archer Daniels Midland Company $ADM

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Key Points

  • M&T Bank Corp raised its stake in Archer Daniels Midland by 58.3% in Q4, purchasing 19,321 shares to hold 52,466 shares valued at about $3.02 million.
  • Insider activity was notable: Director David R. Mcatee II bought 7,500 shares at $64.90, while SVP Jennifer L. Weber sold 25,000 shares; insiders disposed of 109,106 shares (~$7.54 million) over the last three months.
  • Analysts are mixed with a consensus "Hold" rating and a $63.86 price target vs. ADM trading near $70.60; the company raised its quarterly dividend to $0.52 (2.9% yield) and set FY2026 EPS guidance of $3.60–4.25.
  • MarketBeat previews top five stocks to own in May.

M&T Bank Corp lifted its position in Archer Daniels Midland Company (NYSE:ADM - Free Report) by 58.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 52,466 shares of the company's stock after purchasing an additional 19,321 shares during the quarter. M&T Bank Corp's holdings in Archer Daniels Midland were worth $3,016,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Archer Daniels Midland by 0.5% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 288,436 shares of the company's stock worth $16,661,000 after purchasing an additional 1,560 shares during the period. Jones Kertz & Associates Inc. bought a new position in shares of Archer Daniels Midland in the fourth quarter worth $1,374,000. Checchi Capital Advisers LLC increased its holdings in shares of Archer Daniels Midland by 2.6% in the fourth quarter. Checchi Capital Advisers LLC now owns 6,436 shares of the company's stock worth $370,000 after purchasing an additional 161 shares during the period. Busey Bank increased its holdings in shares of Archer Daniels Midland by 0.7% in the fourth quarter. Busey Bank now owns 36,349 shares of the company's stock worth $2,090,000 after purchasing an additional 268 shares during the period. Finally, TD Waterhouse Canada Inc. increased its holdings in shares of Archer Daniels Midland by 7.4% in the fourth quarter. TD Waterhouse Canada Inc. now owns 99,227 shares of the company's stock worth $5,705,000 after purchasing an additional 6,810 shares during the period. Institutional investors own 78.28% of the company's stock.

Insider Buying and Selling

In related news, Director David R. Mcatee II acquired 7,500 shares of Archer Daniels Midland stock in a transaction dated Thursday, February 5th. The shares were purchased at an average cost of $64.90 per share, with a total value of $486,750.00. Following the completion of the purchase, the director owned 7,500 shares of the company's stock, valued at $486,750. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jennifer L. Weber sold 25,000 shares of the firm's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $67.04, for a total value of $1,676,000.00. Following the transaction, the senior vice president directly owned 123,668 shares in the company, valued at $8,290,702.72. This trade represents a 16.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 109,106 shares of company stock valued at $7,539,602 over the last three months. 0.60% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Jefferies Financial Group upped their price target on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a "hold" rating in a report on Monday, April 6th. BMO Capital Markets reissued a "market perform" rating and issued a $63.00 target price on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. Zacks Research raised Archer Daniels Midland from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 6th. JPMorgan Chase & Co. increased their target price on Archer Daniels Midland from $61.00 to $65.00 and gave the company an "underweight" rating in a research note on Tuesday, March 24th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Archer Daniels Midland in a research note on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Archer Daniels Midland currently has a consensus rating of "Hold" and a consensus price target of $63.86.

Get Our Latest Stock Report on Archer Daniels Midland

Archer Daniels Midland Stock Up 2.0%

ADM opened at $70.60 on Tuesday. The stock has a market cap of $34.02 billion, a PE ratio of 31.80, a P/E/G ratio of 0.83 and a beta of 0.65. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 0.29. Archer Daniels Midland Company has a 52 week low of $46.81 and a 52 week high of $74.19. The business's fifty day simple moving average is $69.76 and its 200 day simple moving average is $64.51.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last released its earnings results on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.07. The business had revenue of $18.56 billion for the quarter, compared to analysts' expectations of $21.03 billion. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The firm's revenue was down 13.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.14 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. As a group, research analysts expect that Archer Daniels Midland Company will post 4.42 earnings per share for the current fiscal year.

Archer Daniels Midland Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th were paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.9%. This is an increase from Archer Daniels Midland's previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Tuesday, February 17th. Archer Daniels Midland's payout ratio is 93.69%.

Archer Daniels Midland 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.

Further Reading

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

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