Banque Cantonale Vaudoise cut its stake in shares of Archer Daniels Midland Company (NYSE:ADM – Free Report) by 32.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,054 shares of the company’s stock after selling 16,127 shares during the period. Banque Cantonale Vaudoise’s holdings in Archer Daniels Midland were worth $2,475,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Toth Financial Advisory Corp purchased a new stake in 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 about $26,000. Sankala Group LLC purchased a new position in shares of Archer Daniels Midland in the fourth quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Archer Daniels Midland in the fourth quarter valued at approximately $29,000. Finally, Caitong International Asset Management Co. Ltd increased its stake in Archer Daniels Midland by 313.8% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after buying an additional 386 shares during the period. 78.28% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on ADM shares. Morgan Stanley boosted their price target on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Monday, April 20th. Zacks Research lowered Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday. UBS Group boosted their target price on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Finally, Barclays upped their price target on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $75.33.
Archer Daniels Midland Stock Performance
NYSE:ADM opened at $76.49 on Friday. Archer Daniels Midland Company has a 12 month low of $51.34 and a 12 month high of $85.37. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.31 and a quick ratio of 0.80. The firm has a market capitalization of $36.87 billion, a PE ratio of 34.30 and a beta of 0.60. The business’s fifty day moving average price is $76.98 and its 200 day moving average price is $69.90.
Archer Daniels Midland (NYSE:ADM – Get Free Report) last announced its quarterly earnings results 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 company had revenue of $20.49 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 1.6% on a year-over-year basis. 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, sell-side analysts anticipate that Archer Daniels Midland Company will post 4.43 earnings per share for the current fiscal year.
Archer Daniels Midland Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors 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 2.7%. The ex-dividend date was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) 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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