SG Americas Securities LLC Purchases 228,813 Shares of Archer Daniels Midland Company $ADM

SG Americas Securities LLC boosted its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 324.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 299,426 shares of the company’s stock after buying an additional 228,813 shares during the period. SG Americas Securities LLC owned approximately 0.06% of Archer Daniels Midland worth $21,765,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ADM. Toth Financial Advisory Corp purchased a new position in shares of Archer Daniels Midland during the fourth quarter valued at approximately $25,000. Motiv8 Investments LLC purchased a new stake in Archer Daniels Midland in the 4th quarter valued at $26,000. Sankala Group LLC bought a new position in Archer Daniels Midland during the 4th quarter valued at $28,000. Nalls Sherbakoff Group LLC purchased a new position in Archer Daniels Midland during the 4th quarter worth $29,000. Finally, Caitong International Asset Management Co. Ltd grew its stake in shares of Archer Daniels Midland by 313.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after acquiring an additional 386 shares in the last quarter. 78.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ADM. Jefferies Financial Group raised their price target on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research report on Monday, April 6th. Morgan Stanley increased their price objective on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Zacks Research cut shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday. JPMorgan Chase & Co. boosted their target price on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $75.33.

Archer Daniels Midland Price Performance

Shares of NYSE:ADM opened at $74.90 on Thursday. The company has a market capitalization of $36.10 billion, a P/E ratio of 33.59 and a beta of 0.60. The company’s 50-day moving average is $76.83 and its 200 day moving average is $69.77. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31. 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 posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $20.49 billion during the quarter, compared to the consensus estimate of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, equities research analysts forecast that Archer Daniels Midland Company will post 4.43 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

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

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.