Lee Johnson Capital Management LLC Invests $2.65 Million in Archer Daniels Midland Company $ADM

Lee Johnson Capital Management LLC bought a new stake in Archer Daniels Midland Company (NYSE:ADM) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 44,373 shares of the company’s stock, valued at approximately $2,651,000. Archer Daniels Midland accounts for about 0.9% of Lee Johnson Capital Management LLC’s investment portfolio, making the stock its 29th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SOA Wealth Advisors LLC. acquired a new position in shares of Archer Daniels Midland in the 2nd quarter valued at $25,000. Trust Co. of Vermont grew its position in Archer Daniels Midland by 367.0% during the 3rd quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock worth $30,000 after purchasing an additional 400 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new position in Archer Daniels Midland in the second quarter valued at $32,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Archer Daniels Midland during the second quarter worth about $36,000. Finally, Evelyn Partners Investment Management Services Ltd purchased a new position in shares of Archer Daniels Midland during the second quarter worth about $37,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

NYSE ADM opened at $58.17 on Wednesday. The business has a 50 day moving average price of $59.15 and a 200 day moving average price of $58.69. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.92. The company has a market capitalization of $27.95 billion, a P/E ratio of 23.74, a PEG ratio of 4.95 and a beta of 0.70. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $65.00.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03. The business had revenue of $20.37 billion during the quarter, compared to analysts’ expectations of $20.96 billion. Archer Daniels Midland had a return on equity of 8.01% and a net margin of 1.43%.The business’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter last year, the business posted $1.09 earnings per share. Archer Daniels Midland has set its FY 2025 guidance at 3.250-3.500 EPS. Sell-side analysts expect that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Wednesday, November 19th were paid a $0.51 dividend. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $2.04 dividend on an annualized basis and a yield of 3.5%. Archer Daniels Midland’s dividend payout ratio is presently 83.27%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on ADM shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, October 8th. UBS Group reaffirmed a “buy” rating on shares of Archer Daniels Midland in a report on Monday, December 15th. Morgan Stanley downgraded shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $57.00 to $50.00 in a research report on Tuesday, December 16th. Zacks Research lowered shares of Archer Daniels Midland from a “hold” rating to a “strong sell” rating in a research note on Friday, November 7th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $59.00 price objective (down previously from $61.00) on shares of Archer Daniels Midland in a report on Wednesday, November 5th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Archer Daniels Midland presently has an average rating of “Reduce” and an average price target of $54.38.

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.