ProShare Advisors LLC Has $185.36 Million Holdings in Archer Daniels Midland Company $ADM

ProShare Advisors LLC trimmed its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 8.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,102,776 shares of the company’s stock after selling 273,735 shares during the period. ProShare Advisors LLC’s holdings in Archer Daniels Midland were worth $185,360,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. Trust Co. of Vermont lifted its position in Archer Daniels Midland by 367.0% in the third quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock worth $30,000 after purchasing an additional 400 shares during the period. Trust Co. of Toledo NA OH acquired a new position in shares of Archer Daniels Midland in the 2nd quarter valued at $32,000. Elevation Point Wealth Partners LLC bought a new position in shares of Archer Daniels Midland during the 2nd quarter worth about $36,000. Evelyn Partners Investment Management Services Ltd acquired a new stake in shares of Archer Daniels Midland during the 2nd quarter valued at about $37,000. Finally, Vermillion & White Wealth Management Group LLC increased its stake in Archer Daniels Midland by 61.2% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 698 shares of the company’s stock valued at $37,000 after acquiring an additional 265 shares during the period. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Trading Up 1.4%

NYSE:ADM opened at $66.35 on Monday. The company has a current ratio of 11.20, a quick ratio of 0.92 and a debt-to-equity ratio of 0.33. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $69.75. The firm has a market capitalization of $31.89 billion, a price-to-earnings ratio of 29.89, a PEG ratio of 0.89 and a beta of 0.71. The business’s 50-day moving average price is $61.88 and its two-hundred day moving average price is $60.71.

Archer Daniels Midland (NYSE:ADM) last posted its earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.07. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.39%. The company had revenue of $18.56 billion for the quarter, compared to analyst estimates of $21.03 billion. During the same period last year, the business posted $1.14 earnings per share. The business’s revenue for the quarter was down 13.7% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. On average, equities 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 disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.52 per share. The ex-dividend date is Tuesday, February 17th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.1%. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.51. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.69%.

Analysts Set New Price Targets

ADM has been the subject of several analyst reports. Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a report on Wednesday, January 21st. UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. BMO Capital Markets reissued a “market perform” rating and set a $63.00 price target on shares of Archer Daniels Midland in a report on Wednesday. Finally, JPMorgan Chase & Co. boosted their price target on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a research report on Wednesday, February 4th. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price 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.