Sen. Tommy Tuberville Sells Off Shares of Archer-Daniels-Midland Company (NYSE:ADM)

Senator Tommy Tuberville (R-Alabama) recently sold shares of Archer-Daniels-Midland Company NYSE: ADM. In a filing disclosed on May 15th, the Senator disclosed that they had sold between $15,001 and $50,000 in Archer-Daniels-Midland stock on April 15th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/15/2025.
• Sold $1,001 - $15,000 in shares of Bristol-Myers Squibb NYSE: BMY on 4/15/2025.
• Sold $15,001 - $50,000 in shares of PayPal NASDAQ: PYPL on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Constellation Brands NYSE: STZ on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 4/15/2025.
• Sold $15,001 - $50,000 in shares of The Goldman Sachs Group NYSE: GS on 4/15/2025.
• Purchased $50,001 - $100,000 in shares of iShares Broad USD Investment Grade Corporate Bond ETF NASDAQ: USIG on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Mastercard NYSE: MA on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Amgen NASDAQ: AMGN on 4/15/2025.

Archer-Daniels-Midland Trading Down 3.7%

NYSE:ADM traded down $1.85 on Wednesday, hitting $48.32. 2,805,018 shares of the stock were exchanged, compared to its average volume of 3,580,435. The stock has a market cap of $23.21 billion, a PE ratio of 13.38, a PEG ratio of 1.54 and a beta of 0.69. The company has a current ratio of 1.39, a quick ratio of 0.81 and a debt-to-equity ratio of 0.34. The stock has a fifty day moving average of $47.28 and a 200-day moving average of $49.24. Archer-Daniels-Midland Company has a fifty-two week low of $40.98 and a fifty-two week high of $66.08.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 analyst estimates of $22.05 billion. During the same quarter last year, the firm earned $1.46 earnings per share. The company's revenue for the quarter was down 7.7% compared to the same quarter last year. As a group, equities analysts expect that Archer-Daniels-Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer-Daniels-Midland Announces Dividend

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 paid 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 4.22%. Archer-Daniels-Midland's dividend payout ratio is presently 72.86%.

Analysts Set New Price Targets

A number of brokerages have weighed in on ADM. Stephens lowered their price objective on Archer-Daniels-Midland from $55.00 to $52.00 in a research note on Tuesday, February 4th. Morgan Stanley decreased their target price on Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 11th. Citigroup cut their price target on Archer-Daniels-Midland from $51.00 to $49.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. BMO Capital Markets cut their price target on Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating on the stock in a report on Wednesday, February 5th. Finally, UBS Group raised Archer-Daniels-Midland from a "neutral" rating to a "buy" rating and lifted their target price for the company from $55.00 to $60.00 in a research note on Monday. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, Archer-Daniels-Midland presently has an average rating of "Hold" and an average target price of $52.00.

Hedge Funds Weigh In On Archer-Daniels-Midland

A number of hedge funds have recently modified their holdings of ADM. Fairway Wealth LLC purchased a new position in shares of Archer-Daniels-Midland during the fourth quarter valued at $25,000. S.A. Mason LLC acquired a new position in shares of Archer-Daniels-Midland during the first quarter worth approximately $25,000. Headlands Technologies LLC acquired a new position in shares of Archer-Daniels-Midland during the first quarter worth approximately $25,000. Raleigh Capital Management Inc. lifted its holdings in shares of Archer-Daniels-Midland by 179.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 556 shares of the company's stock worth $28,000 after buying an additional 357 shares during the last quarter. Finally, Stonebridge Financial Group LLC acquired a new position in shares of Archer-Daniels-Midland in the fourth quarter valued at $28,000. 78.28% of the stock is currently owned by institutional investors and hedge funds.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville's career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

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.