Allianz Asset Management GmbH increased its shares in ADM (Archer Daniels Midland Company), as did entities including KLP Kapitalforvaltning AS, and Principle Wealth Partners LLC. Conversely, there was a reduction of shares by New York State Common Retirement Fund and the Wealthfront Advisers LLC. ADM's stock experienced irregular fluctuations, both rising and falling with the market. The company shut down its Brazil pet food plant and had layoffs in its grain trading division. Their 2025 profit forecast was cautioned to be at the low-end due to tariffs, and the CEO's 2024 compensation suffered a decrease amid accounting issues and job cuts. Although ADM set off a frenzy in the US soybean market, they later cut their bids in the same market. The company also saw a rating downgrade due to a bleaker outlook. Despite facing uncertainty and challenges, it was named one of the best agriculture stocks to buy now. Investor confidence remains mixed.
Archer Daniels Midland Company ADM News Analytics from Sat, 23 Nov 2024 08:00:00 GMT to Sat, 26 Jul 2025 22:26:22 GMT -
Rating -2
- Innovation 1
- Information 2
- Rumor -6
