Dai ichi Life Insurance Company Ltd Makes New Investment in Archer Daniels Midland Company $ADM

Dai ichi Life Insurance Company Ltd acquired a new position in Archer Daniels Midland Company (NYSE:ADM) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,503 shares of the company’s stock, valued at approximately $1,999,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Global Trust Asset Management LLC acquired a new position in shares of Archer Daniels Midland during the 1st quarter worth $29,000. OP Asset Management Ltd bought a new stake in Archer Daniels Midland in the first quarter worth $30,000. Toth Financial Advisory Corp bought a new position in Archer Daniels Midland during the fourth quarter valued at about $25,000. Motiv8 Investments LLC acquired a new position in shares of Archer Daniels Midland during the 4th quarter valued at about $26,000. Finally, Sankala Group LLC bought a new position in shares of Archer Daniels Midland in the 4th quarter valued at approximately $28,000. Institutional investors own 78.28% of the company’s stock.

Wall Street Analyst Weigh In

ADM has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Friday, July 17th. Jefferies Financial Group raised their target price on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research note on Monday, April 6th. Zacks Research downgraded shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Barclays boosted 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 report on Wednesday, May 6th. Finally, Morgan Stanley upped their price target on shares of Archer Daniels Midland from $58.00 to $60.00 and gave the company an “underweight” rating in a report on Monday, July 20th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Archer Daniels Midland has a consensus rating of “Reduce” and a consensus target price of $75.67.

Archer Daniels Midland Stock Performance

Archer Daniels Midland stock opened at $85.98 on Monday. The firm has a market capitalization of $41.44 billion, a P/E ratio of 38.56 and a beta of 0.62. The stock has a fifty day moving average price of $79.85 and a two-hundred day moving average price of $73.25. Archer Daniels Midland Company has a 52-week low of $52.96 and a 52-week high of $88.46. 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 earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.66 by $0.05. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The company had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $21.35 billion. During the same quarter in the previous year, the company earned $0.70 EPS. The firm’s revenue for the quarter 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, analysts anticipate that Archer Daniels Midland Company will post 4.76 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders 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 dividend on an annualized basis and a yield of 2.4%. 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.