Advanced Portfolio Management LLC purchased a new stake in shares of Archer Daniels Midland Company (NYSE:ADM – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 7,314 shares of the company’s stock, valued at approximately $420,000.
Other hedge funds also recently bought and sold shares of the company. Toth Financial Advisory Corp bought a new stake in shares of Archer Daniels Midland in the 4th quarter worth approximately $25,000. Motiv8 Investments LLC bought a new stake in shares of Archer Daniels Midland in the 4th quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd boosted its position 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 purchasing an additional 386 shares in the last quarter. Elyxium Wealth LLC bought a new stake in shares of Archer Daniels Midland in the 4th quarter worth approximately $31,000. Finally, Hager Investment Management Services LLC boosted its position in shares of Archer Daniels Midland by 113.6% in the 3rd quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock worth $32,000 after purchasing an additional 284 shares in the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on ADM. Jefferies Financial Group boosted 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. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. JPMorgan Chase & Co. boosted their price target on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 6th. Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Barclays boosted their price target on 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. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Archer Daniels Midland presently has a consensus rating of “Hold” and an average target price of $75.33.
Archer Daniels Midland Price Performance
Shares of ADM opened at $76.37 on Thursday. The firm has a market cap of $36.81 billion, a PE ratio of 34.24 and a beta of 0.60. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28. The firm has a fifty day simple moving average of $76.35 and a two-hundred day simple moving average of $69.23. Archer Daniels Midland Company has a 1-year low of $51.34 and a 1-year high of $85.37.
Archer Daniels Midland (NYSE:ADM – Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $20.49 billion during the quarter, compared to analyst estimates of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, equities analysts anticipate that Archer Daniels Midland Company will post 4.43 EPS for the current year.
Archer Daniels Midland Dividend Announcement
The business also recently announced 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. The ex-dividend date was Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a yield of 2.7%. Archer Daniels Midland’s payout ratio is currently 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.
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