Aware Super Pty Ltd as trustee of Aware Super Invests $22.86 Million in Archer-Daniels-Midland Company (NYSE:ADM)

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in Archer-Daniels-Midland Company (NYSE:ADM - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 452,529 shares of the company's stock, valued at approximately $22,862,000. Aware Super Pty Ltd as trustee of Aware Super owned 0.09% of Archer-Daniels-Midland as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Fairway Wealth LLC acquired a new stake in shares of Archer-Daniels-Midland in the 4th quarter valued at about $25,000. Raleigh Capital Management Inc. lifted its position in shares of Archer-Daniels-Midland by 179.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 556 shares of the company's stock worth $28,000 after buying an additional 357 shares in the last quarter. Stonebridge Financial Group LLC purchased a new position in Archer-Daniels-Midland in the fourth quarter worth $28,000. ST Germain D J Co. Inc. grew its position in Archer-Daniels-Midland by 724.6% during the fourth quarter. ST Germain D J Co. Inc. now owns 569 shares of the company's stock valued at $29,000 after buying an additional 500 shares during the period. Finally, Crews Bank & Trust bought a new position in shares of Archer-Daniels-Midland during the 4th quarter valued at approximately $30,000. Institutional investors own 78.28% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on ADM shares. Citigroup lowered their target price on Archer-Daniels-Midland from $51.00 to $49.00 and set a "neutral" rating on the stock in a research note on Tuesday. Stephens cut their target price on shares of Archer-Daniels-Midland from $55.00 to $52.00 in a research report on Tuesday, February 4th. Morgan Stanley lowered their price target on shares of Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating on the stock in a research report on Tuesday, February 11th. BMO Capital Markets cut their price objective 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, Bank of America raised shares of Archer-Daniels-Midland from an "underperform" rating to a "neutral" rating and lowered their target price for the company from $48.00 to $47.00 in a report on Tuesday. One research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $52.75.

Archer-Daniels-Midland Price Performance

NYSE ADM traded up $1.72 on Friday, hitting $47.85. The stock had a trading volume of 3,503,095 shares, compared to its average volume of 3,648,314. The firm has a 50-day moving average of $46.60 and a 200-day moving average of $50.59. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.81 and a current ratio of 1.39. Archer-Daniels-Midland Company has a 52-week low of $40.98 and a 52-week high of $66.08. The company has a market capitalization of $22.96 billion, a price-to-earnings ratio of 13.26, a price-to-earnings-growth ratio of 1.54 and a beta of 0.66.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.07. Archer-Daniels-Midland had a net margin of 2.10% and a return on equity of 10.44%. The company had revenue of $21.50 billion for the quarter, compared to analysts' expectations of $22.77 billion. During the same period in the prior year, the business earned $1.36 earnings per share. Archer-Daniels-Midland's revenue for the quarter was down 6.4% compared to the same quarter last year. Equities analysts expect that Archer-Daniels-Midland Company will post 4.31 EPS for the current year.

Archer-Daniels-Midland Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.51 per share. The ex-dividend date was Tuesday, February 18th. This is a positive change from Archer-Daniels-Midland's previous quarterly dividend of $0.50. This represents a $2.04 annualized dividend and a dividend yield of 4.26%. Archer-Daniels-Midland's dividend payout ratio is 56.51%.

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.