Robeco Institutional Asset Management B.V. Has $12.23 Million Stock Position in Archer-Daniels-Midland Company (NYSE:ADM)

Robeco Institutional Asset Management B.V. decreased its holdings in shares of Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 5.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 204,794 shares of the company's stock after selling 12,015 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Archer-Daniels-Midland were worth $12,234,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Norden Group LLC acquired a new position in Archer-Daniels-Midland in the first quarter valued at about $203,000. Geneos Wealth Management Inc. grew its position in Archer-Daniels-Midland by 13.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,803 shares of the company's stock worth $113,000 after acquiring an additional 218 shares during the last quarter. Empirical Finance LLC increased its holdings in Archer-Daniels-Midland by 3.3% during the 1st quarter. Empirical Finance LLC now owns 19,956 shares of the company's stock valued at $1,253,000 after purchasing an additional 634 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in Archer-Daniels-Midland by 19.4% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 66,823 shares of the company's stock worth $4,197,000 after purchasing an additional 10,873 shares in the last quarter. Finally, AIA Group Ltd grew its holdings in shares of Archer-Daniels-Midland by 55.5% during the first quarter. AIA Group Ltd now owns 23,324 shares of the company's stock worth $1,465,000 after purchasing an additional 8,325 shares during the last quarter. 78.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on ADM. UBS Group increased their price objective on shares of Archer-Daniels-Midland from $60.00 to $64.00 and gave the stock a "neutral" rating in a report on Monday, September 9th. JPMorgan Chase & Co. raised 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, Citigroup reduced their price objective on Archer-Daniels-Midland from $64.00 to $63.00 and set a "neutral" rating on the stock in a report on Monday, July 15th. One investment analyst has rated the stock with a sell rating and thirteen have assigned a hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $63.82.

Archer-Daniels-Midland Stock Down 1.1 %

Shares of ADM traded down $0.56 on Friday, hitting $51.93. The company's stock had a trading volume of 2,022,337 shares, compared to its average volume of 4,264,709. The company has a quick ratio of 0.88, a current ratio of 1.44 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $24.83 billion, a price-to-earnings ratio of 10.54 and a beta of 0.73. The firm's fifty day moving average price is $58.40 and its 200-day moving average price is $60.19. Archer-Daniels-Midland Company has a fifty-two week low of $48.92 and a fifty-two week high of $77.35.

Archer-Daniels-Midland Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.85%. Archer-Daniels-Midland's payout ratio is presently 40.16%.

Insiders Place Their Bets

In other news, CEO Juan R. Luciano sold 45,471 shares of the company's stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $61.00, for a total transaction of $2,773,731.00. Following the completion of the transaction, 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Archer-Daniels-Midland news, CEO Juan R. Luciano sold 170,194 shares of the stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $60.51, for a total value of $10,298,438.94. Following the completion of the sale, the chief executive officer now owns 265,210 shares in the company, valued at $16,047,857.10. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Juan R. Luciano sold 45,471 shares of Archer-Daniels-Midland stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $61.00, for a total value of $2,773,731.00. Following the transaction, the chief executive officer now owns 265,210 shares of the company's stock, valued at $16,177,810. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 219,348 shares of company stock worth $13,296,833. Corporate insiders own 1.20% of the company's stock.

Archer-Daniels-Midland 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.