Rep. Robert Bresnahan, Jr. Purchases Shares of Archer-Daniels-Midland Company (NYSE:ADM)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Archer-Daniels-Midland Company NYSE: ADM. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Archer-Daniels-Midland stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/17/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/10/2025.
• Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.

Archer-Daniels-Midland Trading Down 1.9%

Shares of NYSE:ADM traded down $0.98 during midday trading on Wednesday, hitting $49.71. 561,846 shares of the stock traded hands, compared to its average volume of 3,577,540. The company has a quick ratio of 0.81, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $23.88 billion, a PE ratio of 13.76, a P/E/G ratio of 1.54 and a beta of 0.69. Archer-Daniels-Midland Company has a one year low of $40.98 and a one year high of $66.08. The business's 50 day moving average is $47.14 and its two-hundred day moving average is $49.46.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.01. Archer-Daniels-Midland had a return on equity of 10.44% and a net margin of 2.10%. The business had revenue of $20.18 billion during the quarter, compared to analysts' expectations of $22.05 billion. During the same quarter last year, the business posted $1.46 EPS. The business's revenue was down 7.7% on a year-over-year basis. As a group, research analysts forecast that Archer-Daniels-Midland Company will post 4.31 earnings per share for the current year.

Archer-Daniels-Midland Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.51 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $2.04 annualized dividend and a yield of 4.10%. Archer-Daniels-Midland's payout ratio is currently 72.86%.

Institutional Trading of Archer-Daniels-Midland

Hedge funds have recently bought and sold shares of the company. Humankind Investments LLC lifted its stake in shares of Archer-Daniels-Midland by 13.2% in the 1st quarter. Humankind Investments LLC now owns 52,062 shares of the company's stock worth $2,499,000 after purchasing an additional 6,071 shares during the period. Venture Visionary Partners LLC raised its position in Archer-Daniels-Midland by 66.2% in the first quarter. Venture Visionary Partners LLC now owns 12,581 shares of the company's stock worth $604,000 after acquiring an additional 5,013 shares during the period. Credit Agricole S A lifted its position in Archer-Daniels-Midland by 7.8% during the first quarter. Credit Agricole S A now owns 144,242 shares of the company's stock valued at $6,925,000 after purchasing an additional 10,395 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its stake in shares of Archer-Daniels-Midland by 21.6% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 21,035 shares of the company's stock valued at $1,010,000 after acquiring an additional 3,742 shares during the period. Finally, Groupama Asset Managment bought a new position in shares of Archer-Daniels-Midland in the first quarter worth approximately $401,000. Hedge funds and other institutional investors own 78.28% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on ADM. Stephens decreased their price objective on shares of Archer-Daniels-Midland from $55.00 to $52.00 in a report on Tuesday, February 4th. Morgan Stanley cut their price objective on shares of Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 11th. Bank of America lowered shares of Archer-Daniels-Midland from a "neutral" rating to an "underperform" rating and reduced their price objective for the company from $47.00 to $45.00 in a research note on Thursday, May 8th. BMO Capital Markets decreased their target price on shares of Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating for the company in a report on Wednesday, February 5th. Finally, Citigroup cut their price target on shares of Archer-Daniels-Midland from $51.00 to $49.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Two investment analysts have rated the stock with a sell rating and six have issued a hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $52.50.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Archer-Daniels-Midland

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.