Archer-Daniels-Midland Company stock is trading -20.65% below its average target price of $92.23 after dropping -1.2% during today's evening session. Analysts are giving the large-cap Packaged Foods company an average rating of buy and target prices ranging from $75.0 to $116.0 per share.
Archer-Daniels-Midland Company's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.3%. The stock's short ratio is 1.97. The company's insiders own 0.67% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 81.0%. In conclusion, we believe there is positive market sentiment regarding Archer-Daniels-Midland Company.
Institutions Invested in Archer-Daniels-Midland Company
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 11% | 60,846,843 | $4,452,771,989 |
| 2023-09-30 | State Farm Mutual Automobile Insurance Co | 9% | 46,796,552 | $3,424,571,689 |
| 2023-09-30 | Blackrock Inc. | 8% | 43,431,049 | $3,178,284,179 |
| 2023-09-30 | State Street Corporation | 6% | 31,648,969 | $2,316,071,561 |
| 2023-09-30 | Capital World Investors | 3% | 14,942,096 | $1,093,462,589 |
| 2023-09-30 | Wellington Management Group, LLP | 3% | 13,793,522 | $1,009,409,944 |
| 2023-09-30 | Northern Trust Corporation | 2% | 13,303,791 | $973,571,429 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 9,980,235 | $730,353,600 |
| 2023-09-30 | Morgan Stanley | 2% | 8,641,438 | $632,380,435 |
| 2023-09-30 | Capital International Investors | 1% | 7,373,295 | $539,577,730 |
