Sawyer & Company Inc Sells 615 Shares of Archer-Daniels-Midland Company (NYSE:ADM)

Sawyer & Company Inc lowered its position in Archer-Daniels-Midland Company (NYSE:ADMGet Rating) by 34.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,150 shares of the company’s stock after selling 615 shares during the period. Sawyer & Company Inc’s holdings in Archer-Daniels-Midland were worth $107,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Massmutual Trust Co. FSB ADV raised its position in shares of Archer-Daniels-Midland by 71.6% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 326 shares of the company’s stock worth $26,000 after acquiring an additional 136 shares in the last quarter. Selective Wealth Management Inc. grew its stake in shares of Archer-Daniels-Midland by 681.8% in the 3rd quarter. Selective Wealth Management Inc. now owns 344 shares of the company’s stock worth $28,000 after buying an additional 300 shares during the last quarter. Kistler Tiffany Companies LLC purchased a new stake in shares of Archer-Daniels-Midland in the 3rd quarter worth approximately $29,000. Glassy Mountain Advisors Inc. purchased a new stake in shares of Archer-Daniels-Midland in the 4th quarter worth approximately $32,000. Finally, Wagner Wealth Management LLC purchased a new stake in shares of Archer-Daniels-Midland in the 2nd quarter worth approximately $33,000. Institutional investors own 78.23% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on ADM shares. UBS Group started coverage on Archer-Daniels-Midland in a research note on Tuesday, December 13th. They issued a “buy” rating and a $115.00 price target on the stock. StockNews.com began coverage on Archer-Daniels-Midland in a research note on Thursday. They issued a “buy” rating on the stock. Finally, Stifel Nicolaus increased their target price on Archer-Daniels-Midland from $114.00 to $116.00 in a research note on Tuesday, January 3rd. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.71.

Archer-Daniels-Midland Stock Performance

ADM stock opened at $74.26 on Friday. The company has a market cap of $40.58 billion, a P/E ratio of 9.63, a price-to-earnings-growth ratio of 1.78 and a beta of 0.79. Archer-Daniels-Midland Company has a 1 year low of $70.02 and a 1 year high of $98.88. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.46 and a quick ratio of 0.85. The stock’s fifty day moving average price is $82.20 and its 200-day moving average price is $87.60.

Archer-Daniels-Midland (NYSE:ADMGet Rating) last announced its earnings results on Thursday, January 26th. The company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.29. The company had revenue of $26.23 billion for the quarter, compared to analysts’ expectations of $25.37 billion. Archer-Daniels-Midland had a return on equity of 18.32% and a net margin of 4.26%. Archer-Daniels-Midland’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period last year, the firm earned $1.50 EPS. On average, equities analysts forecast that Archer-Daniels-Midland Company will post 6.74 earnings per share for the current year.

Archer-Daniels-Midland Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 2nd. Stockholders of record on Thursday, February 9th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.42%. This is a boost from Archer-Daniels-Midland’s previous quarterly dividend of $0.40. The ex-dividend date was Wednesday, February 8th. Archer-Daniels-Midland’s payout ratio is 23.35%.

About Archer-Daniels-Midland

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Archer-Daniels-Midland Co engages in the production of oilseeds, corn, wheat, cocoa, and other agricultural commodities. It operates through the following segments: Ag Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Other. The Ag Services and Oilseeds segment includes activities related to the origination, merchandising, transportation, and storage of agricultural raw materials, and the crushing and further processing of oilseeds such as soybeans and soft seeds cottonseed, sunflower seed, canola, rapeseed, and flaxseed into vegetable oils and protein meals.

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Institutional Ownership by Quarter for Archer-Daniels-Midland (NYSE:ADM)

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