Robeco Institutional Asset Management B.V. Has $21.31 Million Position in Archer Daniels Midland (ADM)

Robeco Institutional Asset Management B.V. increased its position in shares of Archer Daniels Midland (NYSE:ADM) by 17.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 491,328 shares of the company’s stock after purchasing an additional 73,255 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Archer Daniels Midland were worth $21,309,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ADM. Ffcm LLC raised its holdings in Archer Daniels Midland by 126.4% during the fourth quarter. Ffcm LLC now owns 2,551 shares of the company’s stock worth $102,000 after purchasing an additional 1,424 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in Archer Daniels Midland by 188.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,554 shares of the company’s stock worth $102,000 after purchasing an additional 1,668 shares in the last quarter. G&S Capital LLC purchased a new position in Archer Daniels Midland in the fourth quarter valued at about $106,000. CNB Bank purchased a new position in Archer Daniels Midland in the fourth quarter valued at about $112,000. Finally, Trustcore Financial Services LLC purchased a new position in Archer Daniels Midland in the fourth quarter valued at about $130,000. 78.03% of the stock is owned by hedge funds and other institutional investors.

Shares of Archer Daniels Midland opened at $43.98 on Monday, according to Marketbeat. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.57 and a quick ratio of 0.83. Archer Daniels Midland has a 1-year low of $38.59 and a 1-year high of $46.25. The company has a market cap of $24.59 billion, a PE ratio of 18.10 and a beta of 1.01.



Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data on Tuesday, May 1st. The company reported $0.68 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.21. Archer Daniels Midland had a net margin of 2.69% and a return on equity of 7.96%. The business had revenue of $15.53 billion during the quarter, compared to analysts’ expectations of $15.35 billion. During the same period last year, the company posted $0.60 EPS. The company’s revenue was up 3.6% on a year-over-year basis. sell-side analysts expect that Archer Daniels Midland will post 3 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 7th. Stockholders of record on Thursday, May 17th will be paid a dividend of $0.335 per share. The ex-dividend date of this dividend is Wednesday, May 16th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 3.05%. Archer Daniels Midland’s dividend payout ratio (DPR) is 55.14%.

In other news, insider Ambrose Michael D sold 20,762 shares of the firm’s stock in a transaction that occurred on Thursday, April 12th. The shares were sold at an average price of $45.00, for a total transaction of $934,290.00. Following the completion of the transaction, the insider now directly owns 219,384 shares of the company’s stock, valued at approximately $9,872,280. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.94% of the company’s stock.

A number of research analysts have issued reports on ADM shares. Zacks Investment Research cut shares of Archer Daniels Midland from a “buy” rating to a “hold” rating in a report on Tuesday, May 8th. Buckingham Research increased their target price on shares of Archer Daniels Midland from $47.00 to $53.00 and gave the company a “buy” rating in a report on Monday, April 9th. ValuEngine cut shares of Archer Daniels Midland from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Vertical Group raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating and set a $49.00 target price for the company in a report on Thursday, February 15th. Finally, Citigroup increased their target price on shares of Archer Daniels Midland from $53.00 to $54.00 and gave the company a “buy” rating in a report on Wednesday, May 2nd. Nine equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Archer Daniels Midland presently has a consensus rating of “Buy” and a consensus price target of $45.56.

About Archer Daniels Midland

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States and internationally. It operates through four segments: Carbohydrate Solutions, Nutrition, Oilseeds, and Origination. The company offers oilseeds, corn, wheat, milo, oats, rice, and barley; and structured trade finance, as well as processes wheat into wheat flour.

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

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