ARCHER-DANIELS-MIDLAND CO
At today's price, ARCHER-DANIELS-MIDLAND CO (ADM) is priced for +5.5% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• ADM is a global agricultural processor and trader, crushing oilseeds, milling grain, making sweeteners and biofuels, and selling nutrition ingredients, a thin-margin, high-volume business where profit swings with crush and ethanol spreads rather than with how much it sells. • The defining feature right now is a cyclical trough: crushing profit collapsed in 2025, and the trailing operating margin near 1.4% understates the company's through-the-cycle earnings power. • Watch the crush-margin reco
Is ADM overvalued? See what's priced in →
1,078 institutional managers reported holding ADM in 13F filings for the quarter ended 2026-03-31. Together they hold about 82% of the company; the top 10 hold 55%. 164 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 14.8M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (4.6 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
ADM has cut its share count 14.2% over the past five years, spending $6.45B on repurchases. It pays a dividend, and has paid one every year in our records (18 and counting), raised 17 years straight; the current rate is $2.04 a share annually. Cash returned over the past three years: $2.71B in dividends and $4.00B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at ADM over the trailing three years: 2026: 1 buy totaling $487k. 15 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
ADM's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-26 | +4.6% | -12.1% |
| 2023-10-25 | -1.9% | +1.6% |
| 2024-03-13 | +6.1% | +3.1% |
| 2024-05-01 | -3.8% | +7.4% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
ADM's latest 8-K filings: 2026-05-12 (items 5.02, 5.07); 2026-05-05 (items 2.02, 9.01); 2026-03-10 (items 5.02, 7.01, 9.01); 2026-02-03 (items 2.02, 9.01); 2026-01-28 (items 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.