Archer Daniels Midland Company $ADM Shares Purchased by Corient Private Wealth LLC

Corient Private Wealth LLC lifted its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 9.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,629 shares of the company’s stock after purchasing an additional 10,287 shares during the period. Corient Private Wealth LLC’s holdings in Archer Daniels Midland were worth $6,882,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Norges Bank acquired a new position in Archer Daniels Midland during the 4th quarter worth $402,743,000. Procyon Advisors LLC boosted its holdings in shares of Archer Daniels Midland by 174.0% in the 4th quarter. Procyon Advisors LLC now owns 39,442 shares of the company’s stock valued at $2,268,000 after buying an additional 25,048 shares during the period. Swedbank AB boosted its holdings in shares of Archer Daniels Midland by 9.2% in the 4th quarter. Swedbank AB now owns 399,047 shares of the company’s stock valued at $22,941,000 after buying an additional 33,647 shares during the period. Assenagon Asset Management S.A. grew its position in shares of Archer Daniels Midland by 1,542.1% during the 4th quarter. Assenagon Asset Management S.A. now owns 397,444 shares of the company’s stock valued at $22,849,000 after buying an additional 373,241 shares during the last quarter. Finally, DoubleLine ETF Adviser LP acquired a new stake in Archer Daniels Midland during the third quarter worth about $1,536,000. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer Daniels Midland Stock Up 1.9%

ADM stock opened at $76.49 on Friday. 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 P/E ratio of 34.30 and a beta of 0.60. Archer Daniels Midland Company has a 52-week low of $51.34 and a 52-week high of $85.37. The company’s 50 day simple moving average is $76.98 and its 200-day simple moving average is $69.90.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly 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. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The business 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 posted $0.70 earnings per share. Archer Daniels Midland’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, equities research analysts anticipate that Archer Daniels Midland Company will post 4.43 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were issued 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 2.7%. Archer Daniels Midland’s dividend payout ratio is currently 93.27%.

Analysts Set New Price Targets

ADM has been the topic of a number of research reports. Wall Street Zen upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Zacks Research cut shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday. UBS Group upped their target price on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. JPMorgan Chase & Co. boosted their price objective 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. Finally, Morgan Stanley raised their target price on Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Archer Daniels Midland has a consensus rating of “Reduce” and a consensus target price of $75.33.

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.