Brady Martz Wealth Solutions LLC Takes $972,000 Position in Archer Daniels Midland Company $ADM

Brady Martz Wealth Solutions LLC acquired a new position in shares of Archer Daniels Midland Company (NYSE:ADM) in the 1st quarter, Holdings Channel.com reports. The fund acquired 13,367 shares of the company’s stock, valued at approximately $972,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in ADM. Toth Financial Advisory Corp acquired a new position in Archer Daniels Midland in the 4th quarter worth $25,000. Motiv8 Investments LLC acquired a new stake in shares of Archer Daniels Midland in the 4th quarter valued at about $26,000. Sankala Group LLC acquired a new stake in shares of Archer Daniels Midland in the 4th quarter valued at about $28,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Archer Daniels Midland in the fourth quarter valued at about $29,000. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of Archer Daniels Midland by 313.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after buying an additional 386 shares during the period. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer Daniels Midland Price Performance

Shares of NYSE ADM opened at $75.06 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.31 and a quick ratio of 0.80. The business has a 50-day moving average of $76.48 and a 200-day moving average of $69.37. The stock has a market capitalization of $36.18 billion, a price-to-earnings ratio of 33.66 and a beta of 0.60. Archer Daniels Midland Company has a fifty-two week low of $51.34 and a fifty-two week high of $85.37.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.05. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The business had revenue of $20.49 billion for the quarter, compared to analyst estimates of $21.35 billion. During the same quarter in the prior year, the company posted $0.70 earnings per share. Archer Daniels Midland’s revenue was up 1.6% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, sell-side analysts predict that Archer Daniels Midland Company will post 4.43 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $2.08 annualized dividend and a dividend yield of 2.8%. Archer Daniels Midland’s payout ratio is 93.27%.

Analyst Ratings Changes

A number of research analysts recently issued reports on ADM shares. UBS Group increased their price objective on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 6th. Jefferies Financial Group upped their price target on Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research report on Monday, April 6th. Morgan Stanley raised their price target on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Archer Daniels Midland presently has a consensus rating of “Hold” and a consensus price target of $75.33.

About Archer Daniels Midland

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.