Institutional Investor Mediolanum Adds 57,392 ADM Shares in Q3

Key Points

• Mediolanum International Funds Ltd increased its stake in Archer Daniels Midland Company (NYSE:ADM) by 68.4% during the third quarter, acquiring 57,392 additional shares to reach a total of 141,320 shares valued at approximately $8.52 million, as per its latest 13F filing with the US Securities and Exchange Commission (SEC).
• Archer Daniels Midland (ADM) grapples with major governance and legal challenges, including an SEC lawsuit against its former chief financial officer (CFO) for alleged accounting fraud, a roughly $40 million SEC charge, ongoing federal criminal charges, and potential shareholder litigation.
• ADM’s market capitalisation stands at $32.33 billion, with a 1-year share price range of $40.98 to $69.75; it offers an annual dividend of $2.04 (yielding about 3.0% with an 83% payout ratio) and has issued FY2025 earnings per share (EPS) guidance of $3.25–$3.50, below analyst consensus of around $4.31.
• ADM opened at $67.28 on Monday, with a price-to-earnings ratio of 27.46, PEG ratio of 4.61, beta of 0.71, 50-day moving average of $61.19, 200-day moving average of $60.28, current ratio of 1.37, quick ratio of 0.92, and debt-to-equity ratio of 0.29.
• In its latest quarterly earnings on 4 November, ADM reported EPS of $0.92 (beating consensus of $0.89), revenue of $20.37 billion (missing $20.96 billion estimate but up 2.2% year-over-year), net margin of 1.43%, and return on equity of 8.01%.
• Other institutional investors adjusted positions: State Street Corp up 0.7% to 34,617,404 shares ($1.83 billion) in Q2; Charles Schwab Investment Management Inc. up 3.6% to 18,076,118 shares ($954 million) in Q2; Geode Capital Management LLC up 2.3% to 12,457,546 shares ($655 million) in Q2; Dodge & Cox new position worth $346 million in Q2; Norges Bank new position worth $340 million in Q2. Institutional ownership totals 78.28%.
• ADM paid a quarterly dividend of $0.51 on 11 December (ex-dividend 19 November), annualising to $2.04 with 3.0% yield and 83.27% payout ratio.
• Recent news includes resolution of Nutrition accounting matter (positive), Q4 earnings previews (neutral), SEC suit against ex-CFO and $40M charge (negative), federal fraud charges, potential shareholder litigation, and governance lapses.
• Analyst views: Morgan Stanley downgraded to “underweight” (target $50 from $57, 16 December); UBS “buy” (15 December); Weiss Ratings “hold (c)” (21 January); JPMorgan “underweight” (target $60 from $59, 21 January); Zacks upgraded to “hold” (23 January). Consensus: “Reduce” with $54.50 average target (1 Buy, 5 Hold, 3 Sell).
• ADM profile: Global agricultural processor handling oilseeds, corn, wheat; produces oils, meals, sweeteners, ethanol, feeds, and ingredients for nutrition, food, beverages, and industrial uses.

MarketBeat (Cardiff Daily) February 02, 2025 – Mediolanum International Funds Ltd has significantly boosted its investment in Archer Daniels Midland Company (NYSE:ADM), acquiring 57,392 shares in the third quarter to elevate its holding by 68.4% to 141,320 shares valued at $8.52 million, according to the firm’s latest 13F filing with the SEC.

What Has Mediolanum International Funds Ltd Done with ADM Shares?

Mediolanum International Funds Ltd, as detailed in its most recent SEC 13F filing reported by MarketBeat, expanded its position in Archer Daniels Midland by 68.4% during the third quarter. The firm purchased an additional 57,392 shares, bringing its total ownership to 141,320 shares. These holdings were valued at $8,523,000 at the time of the filing.

Who Else Is Adjusting Positions in Archer Daniels Midland?

Several institutional investors have recently modified their stakes in ADM. State Street Corp increased its position by 0.7% in the second quarter, now owning 34,617,404 shares worth $1,827,107,000 after adding 223,716 shares, per MarketBeat data. Charles Schwab Investment Management Inc. raised its stake by 3.6% in the same period, holding 18,076,118 shares valued at $954,058,000 following the purchase of 620,794 shares.

Geode Capital Management LLC boosted its holdings by 2.3% in Q2, reaching 12,457,546 shares worth $654,772,000 after acquiring 283,207 shares. Dodge & Cox established a new position valued at $345,689,000 in Q2, while Norges Bank initiated a stake worth $340,247,000 during the period. Overall, institutional investors and hedge funds control 78.28% of ADM’s stock, according to MarketBeat.

How Has Archer Daniels Midland Stock Performed Recently?

Archer Daniels Midland shares opened at $67.28 on Monday, as noted by MarketBeat. The stock’s 1-year range spans $40.98 to $69.75, with a market cap of $32.33 billion. Key financial metrics include a price-to-earnings ratio of 27.46, PEG ratio of 4.61, beta of 0.71, 50-day moving average of $61.19, and 200-day moving average of $60.28. Liquidity measures show a current ratio of 1.37, quick ratio of 0.92, and debt-to-equity ratio of 0.29.

What Were ADM’s Latest Earnings Results?

On Tuesday, 4 November, Archer Daniels Midland reported quarterly EPS of $0.92, surpassing the consensus estimate of $0.89 by $0.03, per MarketBeat. Revenue reached $20.37 billion, falling short of the $20.96 billion forecast but rising 2.2% year-over-year from the prior period’s $1.09 EPS. The company posted a net margin of 1.43% and return on equity of 8.01%. ADM has guided FY2025 EPS at $3.25–$3.50, contrasting analyst expectations of $4.31.

Has Archer Daniels Midland Announced Any Dividends?

Archer Daniels Midland declared a quarterly dividend of $0.51 per share, paid on Thursday, 11 December to shareholders of record on 19 November (ex-dividend date also 19 November), as covered by MarketBeat. This equates to an annual dividend of $2.04, yielding 3.0% with a payout ratio of 83.27%.

What Legal and Governance Challenges Face ADM?

ADM confronts substantial overhangs from regulatory actions. As reported by CFO Dive, the SEC has sued ADM’s former CFO, alleging accounting fraud. Accounting Today detailed SEC charges against ADM totalling $40 million for accounting and disclosure fraud. CFO.com reported federal fraud charges against ex-CFO Vikram Luthar.

Yahoo Finance outlined five key takeaways from the SEC’s actions in the ADM accounting scandal, highlighting governance lapses and disclosure weaknesses. PR Newswire covered Halper Sadeh LLC encouraging ADM shareholders to contact the firm regarding potential claims against directors and officers, signalling litigation risks. Yahoo Finance also noted ADM’s settlement of the accounting scandal, questioning if AI could prevent future issues, and resolution of the Nutrition accounting matter, shifting focus to governance.

Zacks reported neutral previews for ADM’s Q4 earnings, expecting EPS pressure in Ag Services, Oilseeds, and Carbohydrates segments despite Nutrition stability.

What Do Wall Street Analysts Say About ADM?

Analysts have issued mixed views on ADM. Morgan Stanley downgraded the stock from “equal weight” to “underweight” on 16 December, cutting its price target from $57 to $50, per MarketBeat. UBS Group reiterated a “buy” rating on 15 December. Weiss Ratings maintained a “hold (c)” on 21 January. JPMorgan Chase & Co. lifted its target from $59 to $60 while keeping an “underweight” rating on 21 January. Zacks Research upgraded from “strong sell” to “hold” on 23 January.

Consensus stands at “Reduce” with an average price target of $54.50: one Buy, five Hold, three Sell ratings.

What Is Archer Daniels Midland’s Business Profile?

Archer Daniels Midland Company (ADM) operates as a global agricultural processor and food-ingredient provider, sourcing, transporting, and processing oilseeds, corn, wheat, and other commodities. It runs large-scale facilities producing vegetable oils, protein meals, corn sweeteners, starches, ethanol, animal feeds, and ingredients for human/animal nutrition, food/beverage formulation, and industrial uses like bio-based materials and renewable fuels. ADM merges commodity merchandising with manufacturing and formulation, as described by MarketBeat.

This comprehensive coverage draws from verified filings and reports, underscoring investor interest amid ADM’s challenges and steady fundamentals.