40,453 Shares in Archer Daniels Midland Company $ADM Acquired by Legacy Financial Strategies LLC

Legacy Financial Strategies LLC bought a new stake in Archer Daniels Midland Company (NYSE:ADM) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 40,453 shares of the company’s stock, valued at approximately $2,417,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ADM. RFG Advisory LLC purchased a new position in Archer Daniels Midland in the 3rd quarter worth approximately $429,000. MCF Advisors LLC lifted its holdings in shares of Archer Daniels Midland by 6.3% during the 3rd quarter. MCF Advisors LLC now owns 17,106 shares of the company’s stock worth $1,022,000 after acquiring an additional 1,013 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Archer Daniels Midland by 103.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 4,372 shares of the company’s stock worth $264,000 after acquiring an additional 2,219 shares during the last quarter. Canada Post Corp Registered Pension Plan grew its position in Archer Daniels Midland by 18.7% in the third quarter. Canada Post Corp Registered Pension Plan now owns 9,458 shares of the company’s stock worth $570,000 after acquiring an additional 1,490 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC increased its stake in Archer Daniels Midland by 14.4% in the third quarter. Prime Capital Investment Advisors LLC now owns 6,567 shares of the company’s stock valued at $392,000 after acquiring an additional 827 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

Shares of ADM stock opened at $66.35 on Monday. The company has a market capitalization of $31.89 billion, a P/E ratio of 29.89, a PEG ratio of 0.89 and a beta of 0.71. Archer Daniels Midland Company has a fifty-two week low of $40.98 and a fifty-two week high of $69.75. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.92 and a current ratio of 11.20. The stock has a 50 day moving average price of $61.88 and a two-hundred day moving average price of $60.71.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.07. The company had revenue of $18.56 billion during the quarter, compared to analyst estimates of $21.03 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.39%. The firm’s revenue was down 13.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.14 EPS. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. Analysts expect that Archer Daniels Midland Company will post 4.31 earnings per share for the current year.

Archer Daniels Midland Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 annualized dividend and a dividend yield of 3.1%. Archer Daniels Midland’s payout ratio is 93.69%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on ADM shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. Morgan Stanley downgraded Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $57.00 to $50.00 in a research report on Tuesday, December 16th. BMO Capital Markets reiterated a “market perform” rating and set a $63.00 price target on shares of Archer Daniels Midland in a research report on Wednesday. JPMorgan Chase & Co. lifted their price target on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the stock an “underweight” rating in a research note on Wednesday, February 4th. Finally, Zacks Research raised shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $57.00.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company (ADM) is a global agricultural processor and food-ingredient provider that sources, transports and processes oilseeds, corn, wheat and other agricultural commodities. The company operates large-scale crushing, refining and processing facilities that produce vegetable oils, protein meals, corn sweeteners, starches, ethanol, animal feeds and a wide range of food and industrial ingredients. ADM also develops specialty ingredients and solutions for human and animal nutrition, food and beverage formulation, and industrial applications such as bio-based materials and renewable fuels.

ADM’s business combines commodity origination and merchandising with downstream manufacturing and ingredient formulation.