Robeco Institutional Asset Management B.V. Sells 431,139 Shares of Archer Daniels Midland Company $ADM

Robeco Institutional Asset Management B.V. trimmed its stake in Archer Daniels Midland Company (NYSE:ADM - Free Report) by 69.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 190,328 shares of the company's stock after selling 431,139 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Archer Daniels Midland were worth $10,046,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of ADM. SOA Wealth Advisors LLC. bought a new stake in Archer Daniels Midland during the 2nd quarter valued at approximately $25,000. S.A. Mason LLC bought a new stake in shares of Archer Daniels Midland during the first quarter valued at approximately $25,000. Headlands Technologies LLC purchased a new stake in Archer Daniels Midland in the first quarter worth $25,000. ORG Partners LLC raised its holdings in Archer Daniels Midland by 297.2% in the first quarter. ORG Partners LLC now owns 699 shares of the company's stock worth $34,000 after purchasing an additional 523 shares in the last quarter. Finally, NBC Securities Inc. purchased a new position in Archer Daniels Midland during the first quarter valued at $37,000. Hedge funds and other institutional investors own 78.28% of the company's stock.

Archer Daniels Midland Price Performance

Shares of ADM opened at $60.97 on Monday. Archer Daniels Midland Company has a twelve month low of $40.98 and a twelve month high of $64.38. The company has a market capitalization of $29.29 billion, a P/E ratio of 26.86, a price-to-earnings-growth ratio of 3.25 and a beta of 0.70. The firm has a 50 day moving average of $60.03 and a 200 day moving average of $53.32. The company has a quick ratio of 0.90, a current ratio of 1.42 and a debt-to-equity ratio of 0.34.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.05. The business had revenue of $21.17 billion for the quarter, compared to analysts' expectations of $21.56 billion. Archer Daniels Midland had a return on equity of 8.43% and a net margin of 1.33%.The firm's quarterly revenue was down 4.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.03 EPS. Archer Daniels Midland has set its FY 2025 guidance at 4.000-4.000 EPS. As a group, equities research analysts anticipate that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Wednesday, August 20th were given a $0.51 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $2.04 dividend on an annualized basis and a yield of 3.3%. Archer Daniels Midland's payout ratio is 89.87%.

Wall Street Analysts Forecast Growth

ADM has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Archer Daniels Midland in a research report on Saturday, September 27th. JPMorgan Chase & Co. began coverage on shares of Archer Daniels Midland in a research note on Wednesday, August 20th. They set a "neutral" rating and a $61.00 target price for the company. Morgan Stanley lifted their target price on shares of Archer Daniels Midland from $47.00 to $57.00 and gave the company an "equal weight" rating in a report on Tuesday, August 12th. Barclays upgraded Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and upped their price target for the stock from $50.00 to $61.00 in a research note on Wednesday, August 6th. Finally, Wall Street Zen upgraded Archer Daniels Midland from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Archer Daniels Midland presently has an average rating of "Hold" and a consensus target price of $55.50.

Archer Daniels Midland Profile

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.

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