First Trust Advisors LP Has $74.94 Million Stock Position in Archer Daniels Midland Company $ADM

First Trust Advisors LP raised its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 5.5% in the 1st quarter, HoldingsChannel reports. The firm owned 1,031,003 shares of the company’s stock after buying an additional 54,176 shares during the period. First Trust Advisors LP’s holdings in Archer Daniels Midland were worth $74,944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. ABN Amro Investment Solutions grew its holdings in shares of Archer Daniels Midland by 2.0% during the 1st quarter. ABN Amro Investment Solutions now owns 32,849 shares of the company’s stock worth $2,388,000 after purchasing an additional 632 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Archer Daniels Midland by 1.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 158,801 shares of the company’s stock valued at $11,543,000 after purchasing an additional 2,287 shares during the last quarter. Oslo Pensjonsforsikring AS bought a new position in shares of Archer Daniels Midland in the 1st quarter worth about $401,000. DJE Kapital AG acquired a new stake in Archer Daniels Midland in the first quarter worth $19,983,000. Finally, Wilkerson Advisory Group LLC boosted its holdings in Archer Daniels Midland by 31.9% in the first quarter. Wilkerson Advisory Group LLC now owns 1,996 shares of the company’s stock worth $145,000 after acquiring an additional 483 shares in the last quarter. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Down 0.4%

Archer Daniels Midland stock opened at $85.98 on Friday. The stock has a fifty day moving average of $79.85 and a 200 day moving average of $73.16. Archer Daniels Midland Company has a one year low of $52.96 and a one year high of $88.46. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31. The stock has a market cap of $41.44 billion, a PE ratio of 38.56 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, beating 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 company had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $21.35 billion. During the same period in the previous year, the business earned $0.70 earnings per share. Archer Daniels Midland’s quarterly revenue was up 1.6% compared to the same quarter last year. 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 4.76 EPS for the current year.

Archer Daniels Midland Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, May 20th. Archer Daniels Midland’s payout ratio is presently 93.27%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on ADM shares. Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Barclays raised their price objective on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Zacks Research lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Jefferies Financial Group increased their price objective on Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research note on Monday, April 6th. Finally, UBS Group boosted their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a report on Monday, June 15th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $75.67.

Archer Daniels Midland 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.