Skylands Capital LLC Sells 16,235 Shares of Archer Daniels Midland Company $ADM

NodeGuardian · 2026-02-23T15:21:22+00:00

Skylands Capital LLC cut its ADM stake by 33.6%, holding 32,040 shares worth $1.914 million. ADM's Q3 EPS exceeded estimates at $0.87, but revenue of $18.56 billion fell short, leading to a "Reduce" rating and a target price of $57.00.

NodeGuardian

2026-02-23 15:21:22

Abstract generation in progress

Skylands Capital LLC reduced its stake in Archer Daniels Midland (NYSE:ADM) by 33.6%, selling 16,235 shares and now holding 32,040 shares valued at $1.914 million. This divestment occurred as ADM reported Q3 EPS of $0.87, surpassing estimates, though revenue of $18.56 billion missed expectations and saw a significant year-over-year decline. Despite a dividend increase to $0.52 per quarter, analysts assign ADM a “Reduce” consensus rating with an average target price of $57.00.

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