Empowered Funds LLC Purchases New Position in Archer Daniels Midland Company $ADM

Empowered Funds LLC purchased a new position in Archer Daniels Midland Company (NYSE:ADM) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 33,835 shares of the company’s stock, valued at approximately $2,585,000.

Several other hedge funds and other institutional investors have also bought and sold shares of ADM. Quadrant Capital Group LLC lifted its position in Archer Daniels Midland by 0.6% during the fourth quarter. Quadrant Capital Group LLC now owns 23,166 shares of the company’s stock valued at $1,332,000 after purchasing an additional 146 shares during the period. Atlantic Union Bankshares Corp grew its position in Archer Daniels Midland by 5.1% in the 4th quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company’s stock worth $180,000 after purchasing an additional 153 shares during the period. Summit Financial LLC raised its stake in Archer Daniels Midland by 0.9% during the 4th quarter. Summit Financial LLC now owns 16,947 shares of the company’s stock valued at $974,000 after buying an additional 153 shares during the last quarter. QRG Capital Management Inc. lifted its holdings in shares of Archer Daniels Midland by 0.8% during the 1st quarter. QRG Capital Management Inc. now owns 20,648 shares of the company’s stock valued at $1,501,000 after buying an additional 164 shares during the period. Finally, Midwest Trust Co lifted its holdings in shares of Archer Daniels Midland by 4.3% during the 1st quarter. Midwest Trust Co now owns 4,009 shares of the company’s stock valued at $291,000 after buying an additional 167 shares during the period. Institutional investors own 78.28% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on ADM. UBS Group lifted their price objective on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Wall Street Zen raised Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a report on Monday. Weiss Ratings upgraded shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. Finally, Barclays lifted their price target on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $79.67.

Archer Daniels Midland Stock Performance

NYSE ADM opened at $85.44 on Thursday. The stock has a market capitalization of $41.18 billion, a PE ratio of 23.41, a P/E/G ratio of 2.58 and a beta of 0.62. The business has a 50 day simple moving average of $80.66 and a two-hundred day simple moving average of $76.14. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. Archer Daniels Midland Company has a 1-year low of $55.58 and a 1-year high of $88.46.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.35. The business had revenue of $22.68 billion for the quarter, compared to analysts’ expectations of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The company’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, research analysts predict that Archer Daniels Midland Company will post 5.46 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be given a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.4%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s payout ratio is currently 56.99%.

Archer Daniels Midland Company 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.