Legal & General Group Plc Raises Stake in Archer Daniels Midland Company $ADM

Market Beat
2026.03.13 09:55
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Legal & General Group Plc raised its stake in Archer Daniels Midland Company (NYSE:ADM) by 1.0% in Q3, now owning 2,634,327 shares valued at $157.4 million. Other institutional investors also adjusted their stakes. Analysts have mixed ratings on ADM, with a consensus rating of "Reduce" and an average target price of $58. The stock opened at $72.58, with a market cap of $34.92 billion. The company reported Q4 earnings of $0.87 per share, beating estimates, but revenue fell 13.7% year-over-year. A quarterly dividend of $0.52 was recently declared.