RFG Advisory LLC Makes New Investment in Archer Daniels Midland Company $ADM

RFG Advisory LLC acquired a new stake in Archer Daniels Midland Company (NYSE:ADM) in the first quarter, HoldingsChannel.com reports. The firm acquired 20,187 shares of the company’s stock, valued at approximately $1,467,000.

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

Archer Daniels Midland Price Performance

ADM opened at $76.78 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. Archer Daniels Midland Company has a 52-week low of $51.34 and a 52-week high of $85.37. The company has a 50 day moving average of $77.17 and a two-hundred day moving average of $69.94. The company has a market cap of $37.01 billion, a P/E ratio of 34.43 and a beta of 0.60.

Archer Daniels Midland (NYSE:ADM) last issued its earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, analysts expect that Archer Daniels Midland Company will post 4.47 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.27%.

Wall Street Analyst Weigh In

Several brokerages recently commented on ADM. Morgan Stanley upped 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 report on Wednesday, May 6th. Jefferies Financial Group lifted their price target on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a report on Monday, April 6th. Zacks Research downgraded Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. JPMorgan Chase & Co. increased their target price 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, Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Monday, April 20th. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Archer Daniels Midland currently has an average rating of “Reduce” and a consensus price target of $75.33.

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.