Gregory Morris Sells 50,000 Shares of Archer Daniels Midland (NYSE:ADM) Stock

Key Points

  • SVP Gregory Morris sold 50,000 shares of Archer Daniels Midland on March 10 at an average price of $68.48 for $3.424M, reducing his stake by 14.28% to 300,122 shares, according to an SEC filing.
  • Archer Daniels Midland raised its quarterly dividend to $0.52 (from $0.51), an annualized $2.08 payout with a 2.9% yield and a high payout ratio of 93.69%.
  • The company reported Q results with EPS of $0.87 (beat) but revenue down 13.7% YoY, set FY2026 guidance of 3.60–4.25 EPS, while analysts average 4.31 EPS and the consensus price target is $58 (MarketBeat rating: "Reduce").

Archer Daniels Midland Company (NYSE:ADM - Get Free Report) SVP Gregory Morris sold 50,000 shares of the 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 completion of the transaction, the senior vice president directly owned 300,122 shares in the company, valued at approximately $20,552,354.56. This represents a 14.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Archer Daniels Midland Price Performance

ADM stock traded up $0.31 during mid-day trading on Friday, hitting $72.81. 1,315,124 shares of the stock were exchanged, compared to its average volume of 3,770,586. The business has a fifty day moving average price of $66.65 and a 200 day moving average price of $62.48. Archer Daniels Midland Company has a 12 month low of $40.98 and a 12 month high of $73.72. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.83. The stock has a market capitalization of $35.04 billion, a price-to-earnings ratio of 32.81, a PEG ratio of 0.95 and a beta of 0.68.




Archer Daniels Midland (NYSE:ADM - Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.80 by $0.07. The firm had revenue of $18.56 billion for the quarter, compared to analyst estimates of $21.03 billion. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The company's revenue was down 13.7% on a year-over-year basis. During the same period in the prior year, the company earned $1.14 EPS. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. On average, sell-side analysts anticipate that Archer Daniels Midland Company will post 4.31 EPS for the current year.

Archer Daniels Midland Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.9%. This is a boost from Archer Daniels Midland's previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Tuesday, February 17th. Archer Daniels Midland's payout ratio is 93.69%.

Institutional Investors Weigh In On Archer Daniels Midland

Institutional investors have recently added to or reduced their stakes in the company. Woodline Partners LP increased its position in shares of Archer Daniels Midland by 40.8% in the first quarter. Woodline Partners LP now owns 40,429 shares of the company's stock valued at $1,941,000 after acquiring an additional 11,715 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Archer Daniels Midland by 18.1% during the second quarter. Envestnet Asset Management Inc. now owns 101,348 shares of the company's stock worth $5,349,000 after purchasing an additional 15,552 shares during the period. Savant Capital LLC grew its stake in shares of Archer Daniels Midland by 19.4% in the second quarter. Savant Capital LLC now owns 15,210 shares of the company's stock worth $803,000 after purchasing an additional 2,475 shares during the last quarter. Midwest Trust Co purchased a new position in Archer Daniels Midland during the 2nd quarter valued at about $204,000. Finally, Allworth Financial LP raised its position in Archer Daniels Midland by 132.3% during the 2nd quarter. Allworth Financial LP now owns 13,294 shares of the company's stock valued at $702,000 after purchasing an additional 7,571 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company's stock.

Analyst Upgrades and Downgrades

ADM has been the subject of a number of research reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. JPMorgan Chase & Co. boosted their price target on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the stock an "underweight" rating in a research note on Wednesday, February 4th. BMO Capital Markets reaffirmed a "market perform" rating and set a $63.00 price objective on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. Morgan Stanley downgraded Archer Daniels Midland from an "equal weight" rating to an "underweight" rating and decreased their price objective for the stock from $57.00 to $50.00 in a report on Tuesday, December 16th. Finally, UBS Group reissued a "buy" rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Reduce" and a consensus price target of $58.00.

View Our Latest Research Report on Archer Daniels Midland

Archer Daniels Midland Company Profile

(Get Free Report)

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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