Archer-Daniels-Midland Company (NYSE:ADM) Shares Acquired by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC boosted its position in Archer-Daniels-Midland Company (NYSE:ADM) by 15.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,606 shares of the company’s stock after purchasing an additional 1,596 shares during the period. Impact Partnership Wealth LLC’s holdings in Archer-Daniels-Midland were worth $693,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. RFG Advisory LLC acquired a new stake in Archer-Daniels-Midland in the first quarter valued at $208,000. Gateway Investment Advisers LLC grew its position in Archer-Daniels-Midland by 73.2% during the first quarter. Gateway Investment Advisers LLC now owns 11,728 shares of the company’s stock worth $737,000 after buying an additional 4,955 shares during the period. Kingswood Wealth Advisors LLC increased its holdings in Archer-Daniels-Midland by 40.7% in the first quarter. Kingswood Wealth Advisors LLC now owns 16,355 shares of the company’s stock valued at $1,027,000 after buying an additional 4,732 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Archer-Daniels-Midland by 6.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 37,486 shares of the company’s stock worth $2,355,000 after acquiring an additional 2,126 shares in the last quarter. Finally, Indiana Trust & Investment Management CO grew its holdings in shares of Archer-Daniels-Midland by 156.3% in the 1st quarter. Indiana Trust & Investment Management CO now owns 1,804 shares of the company’s stock worth $113,000 after acquiring an additional 1,100 shares during the period. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer-Daniels-Midland Trading Up 0.1 %

Archer-Daniels-Midland stock traded up $0.08 during trading on Thursday, hitting $56.16. The company’s stock had a trading volume of 128,870 shares, compared to its average volume of 4,291,315. The stock’s fifty day moving average is $59.31 and its 200 day moving average is $60.66. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.88 and a current ratio of 1.44. Archer-Daniels-Midland Company has a 1-year low of $50.72 and a 1-year high of $77.35. The stock has a market capitalization of $27.77 billion, a price-to-earnings ratio of 9.84 and a beta of 0.72.

Archer-Daniels-Midland (NYSE:ADM) last released its earnings results on Tuesday, July 30th. The company reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.19). Archer-Daniels-Midland had a return on equity of 12.06% and a net margin of 2.93%. The company had revenue of $22.25 billion during the quarter, compared to analyst estimates of $23.12 billion. During the same period in the prior year, the business posted $1.89 earnings per share. Archer-Daniels-Midland’s revenue was down 11.7% on a year-over-year basis. As a group, equities research analysts predict that Archer-Daniels-Midland Company will post 5.33 EPS for the current year.

Archer-Daniels-Midland Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Wednesday, August 21st were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date of this dividend was Wednesday, August 21st. Archer-Daniels-Midland’s dividend payout ratio (DPR) is presently 35.09%.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Citigroup dropped their price target on Archer-Daniels-Midland from $64.00 to $63.00 and set a “neutral” rating for the company in a research report on Monday, July 15th. JPMorgan Chase & Co. upped their price target on shares of Archer-Daniels-Midland from $65.00 to $66.00 and gave the company a “neutral” rating in a report on Wednesday, July 31st. Finally, UBS Group raised their price objective on shares of Archer-Daniels-Midland from $60.00 to $64.00 and gave the stock a “neutral” rating in a research note on Monday, September 9th. One research analyst has rated the stock with a sell rating and fifteen have given a hold rating to the stock. According to data from MarketBeat, Archer-Daniels-Midland currently has a consensus rating of “Hold” and a consensus target price of $65.62.

Insider Transactions at Archer-Daniels-Midland

In other news, CEO Juan R. Luciano sold 3,683 shares of the business’s stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $61.00, for a total transaction of $224,663.00. Following the transaction, the chief executive officer now directly owns 265,210 shares of the company’s stock, valued at approximately $16,177,810. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CEO Juan R. Luciano sold 45,471 shares of the company’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of $61.00, for a total value of $2,773,731.00. Following the sale, the chief executive officer now directly owns 265,210 shares of the company’s stock, valued at $16,177,810. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Juan R. Luciano sold 3,683 shares of the stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $61.00, for a total transaction of $224,663.00. Following the transaction, the chief executive officer now directly owns 265,210 shares in the company, valued at $16,177,810. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 219,348 shares of company stock valued at $13,296,833 over the last quarter. Company insiders own 1.20% of the company’s stock.

Archer-Daniels-Midland Company 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.