Oxbow Advisors LLC Takes Position in Archer Daniels Midland Company $ADM

Oxbow Advisors LLC purchased a new position in shares of Archer Daniels Midland Company (NYSE:ADM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 59,782 shares of the company’s stock, valued at approximately $4,567,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. BlackRock Inc. purchased a new position in Archer Daniels Midland during the 2nd quarter valued at about $3,409,089,000. Norges Bank purchased a new stake in shares of Archer Daniels Midland in the fourth quarter valued at about $402,743,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Archer Daniels Midland by 3,379.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,761,397 shares of the company’s stock valued at $316,525,000 after purchasing an additional 5,595,801 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of Archer Daniels Midland by 831.3% in the fourth quarter. Victory Capital Management Inc. now owns 5,592,030 shares of the company’s stock valued at $321,486,000 after purchasing an additional 4,991,550 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Archer Daniels Midland in the second quarter valued at approximately $257,394,000. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. lifted 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. Zacks Research upgraded 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 research report on Saturday. Barclays boosted their price target on Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 5th. Finally, Morgan Stanley raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $60.00 to $79.00 in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $79.67.

Archer Daniels Midland Trading Up 1.5%

Shares of Archer Daniels Midland stock opened at $82.54 on Wednesday. Archer Daniels Midland Company has a fifty-two week low of $55.58 and a fifty-two week high of $88.46. The business’s fifty day moving average is $79.85 and its two-hundred day moving average is $75.10. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.27. The firm has a market cap of $39.78 billion, a PE ratio of 22.61 and a beta of 0.62.

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

Archer Daniels Midland Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be issued a $0.52 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $2.08 annualized dividend and a yield of 2.5%. Archer Daniels Midland’s payout ratio is 56.99%.

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.