Steel Grove Capital Advisors LLC Decreases Holdings in Archer Daniels Midland Company $ADM

Key Points

• Steel Grove Capital Advisors cut its Archer Daniels Midland stake by 90% in the fourth quarter, selling 34,803 shares and ending with 3,863 shares valued at about $222,000.
• ADM reported Q1 earnings of $0.71 per share, topping analyst expectations, though revenue came in below estimates at $20.49 billion. The company also guided FY 2026 EPS to 4.15–4.70.
• ADM declared a quarterly dividend of $0.52 per share, payable June 10, which works out to an annualized yield of about 2.6%. The stock also has a consensus Wall Street rating of Hold with an average price target of $74.50.

Steel Grove Capital Advisors LLC cut its holdings in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) by 90.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,863 shares of the company's stock after selling 34,803 shares during the quarter. Steel Grove Capital Advisors LLC's holdings in Archer Daniels Midland were worth $222,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in ADM. Toth Financial Advisory Corp purchased a new position in shares of Archer Daniels Midland during the fourth quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Archer Daniels Midland by 313.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company's stock worth $30,000 after acquiring an additional 386 shares in the last quarter. Elyxium Wealth LLC purchased a new position in shares of Archer Daniels Midland during the fourth quarter worth approximately $31,000. Hager Investment Management Services LLC raised its stake in shares of Archer Daniels Midland by 113.6% during the third quarter. Hager Investment Management Services LLC now owns 534 shares of the company's stock worth $32,000 after acquiring an additional 284 shares in the last quarter. Finally, Entrust Financial LLC bought a new position in shares of Archer Daniels Midland in the fourth quarter worth approximately $35,000. 78.28% of the stock is owned by hedge funds and other institutional investors.

Archer Daniels Midland Stock Performance

NYSE:ADM opened at $79.61 on Thursday. The stock has a market cap of $38.37 billion, a P/E ratio of 35.70 and a beta of 0.59. The firm's fifty day simple moving average is $73.61 and its 200 day simple moving average is $66.92. Archer Daniels Midland Company has a twelve month low of $46.81 and a twelve month high of $83.10. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.05. The business had revenue of $20.49 billion for the quarter, compared to analysts' expectations of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The firm's revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, research analysts predict that Archer Daniels Midland Company will post 4.43 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be issued a $0.52 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $2.08 annualized dividend and a yield of 2.6%. Archer Daniels Midland's payout ratio is 93.27%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ADM shares. JPMorgan Chase & Co. raised their target price on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an "underweight" rating in a report on Wednesday, May 6th. Wall Street Zen upgraded shares of Archer Daniels Midland from a "hold" rating to a "buy" rating in a report on Saturday, May 9th. Morgan Stanley raised their target price on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an "underweight" rating in a report on Wednesday, May 6th. Zacks Research upgraded shares of Archer Daniels Midland from a "hold" rating to a "strong-buy" rating in a report on Monday, April 6th. Finally, Barclays raised their target price on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $74.50.

Insider Buying and Selling at Archer Daniels Midland

In other Archer Daniels Midland news, SVP Ian R. Pinner sold 34,106 shares of the firm's stock in a transaction on Friday, March 13th. The stock was sold at an average price of $71.53, for a total transaction of $2,439,602.18. Following the completion of the transaction, the senior vice president owned 90,676 shares of the company's stock, valued at approximately $6,486,054.28. This trade represents a 27.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Gregory A. Morris sold 50,000 shares of the firm's stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $68.48, for a total value of $3,424,000.00. Following the transaction, the senior vice president directly owned 300,122 shares of the company's stock, valued at $20,552,354.56. This represents a 14.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.60% of the company's stock.

About Archer Daniels Midland

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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