Y Intercept Hong Kong Ltd Makes New Investment in Archer Daniels Midland Company $ADM

Y Intercept Hong Kong Ltd bought a new stake in Archer Daniels Midland Company (NYSE:ADM) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 32,123 shares of the company’s stock, valued at approximately $2,335,000.

A number of other hedge funds also recently added to or reduced their stakes in ADM. Toth Financial Advisory Corp acquired a new position in shares of Archer Daniels Midland in the fourth quarter valued at approximately $25,000. Motiv8 Investments LLC acquired a new stake in shares of Archer Daniels Midland during the fourth quarter worth $26,000. Sankala Group LLC purchased a new position in Archer Daniels Midland in the 4th quarter valued at $28,000. Nalls Sherbakoff Group LLC acquired a new position in Archer Daniels Midland in the 4th quarter valued at $29,000. Finally, Global Trust Asset Management LLC purchased a new position in Archer Daniels Midland during the 1st quarter worth $29,000. 78.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ADM. Barclays raised their target price on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Wall Street Zen upgraded shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Morgan Stanley lifted their price objective on Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Jefferies Financial Group increased their target price on Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research note on Monday, April 6th. Finally, JPMorgan Chase & Co. lifted their price target on Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $75.33.

Archer Daniels Midland Stock Performance

ADM opened at $80.17 on Thursday. Archer Daniels Midland Company has a 1-year low of $52.23 and a 1-year high of $85.37. The stock has a market cap of $38.64 billion, a P/E ratio of 35.95 and a beta of 0.62. The stock’s 50 day simple moving average is $78.51 and its 200 day simple moving average is $71.07. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.31 and a quick ratio of 0.80.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data 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. The firm had revenue of $20.49 billion during the quarter, compared to analysts’ expectations of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.Archer Daniels Midland’s revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, equities analysts anticipate that Archer Daniels Midland Company will post 4.47 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a $0.52 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Archer Daniels Midland’s payout ratio is currently 93.27%.

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.