Archer Daniels Midland Company $ADM Shares Acquired by Western Wealth Management LLC

Western Wealth Management LLC raised its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 192.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,914 shares of the company’s stock after buying an additional 10,469 shares during the quarter. Western Wealth Management LLC’s holdings in Archer Daniels Midland were worth $1,157,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in ADM. Woodline Partners LP boosted its holdings in Archer Daniels Midland by 40.8% in the first quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock worth $1,941,000 after purchasing an additional 11,715 shares during the period. Daiwa Securities Group Inc. raised its holdings in shares of Archer Daniels Midland by 5.3% during the second quarter. Daiwa Securities Group Inc. now owns 83,983 shares of the company’s stock worth $4,433,000 after purchasing an additional 4,224 shares during the period. Sei Investments Co. lifted its position in shares of Archer Daniels Midland by 40.0% in the 2nd quarter. Sei Investments Co. now owns 191,633 shares of the company’s stock worth $10,116,000 after buying an additional 54,746 shares during the last quarter. Glenview Trust co acquired a new position in shares of Archer Daniels Midland in the 2nd quarter valued at about $203,000. Finally, Treasurer of the State of North Carolina boosted its holdings in shares of Archer Daniels Midland by 2.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 223,280 shares of the company’s stock valued at $11,785,000 after buying an additional 5,051 shares during the period. Institutional investors and hedge funds own 78.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ADM. UBS Group increased their price objective on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Wall Street Zen upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a report on Friday, July 17th. Barclays raised 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. Finally, Jefferies Financial Group boosted their price objective on Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research report on Monday, April 6th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $75.67.

Archer Daniels Midland Trading Down 0.0%

Shares of NYSE:ADM opened at $79.27 on Monday. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. The company’s 50-day moving average price is $80.14 and its 200 day moving average price is $73.98. The company has a market cap of $38.20 billion, a PE ratio of 35.54 and a beta of 0.62. Archer Daniels Midland Company has a fifty-two week low of $52.96 and a fifty-two week high of $88.46.

Archer Daniels Midland (NYSE:ADM) last posted its earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, topping 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 firm had revenue of $20.49 billion during the quarter, compared to analysts’ expectations of $21.35 billion. During the same quarter in the prior year, the firm earned $0.70 EPS. Archer Daniels Midland’s quarterly revenue was up 1.6% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Sell-side analysts anticipate that Archer Daniels Midland Company will post 4.76 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were paid a $0.52 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Archer Daniels Midland’s dividend payout ratio is presently 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.