Archer Daniels Midland Company $ADM Stake Increased by Saudi Central Bank

Saudi Central Bank lifted its holdings in Archer Daniels Midland Company (NYSE:ADM) by 90.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,733 shares of the company’s stock after buying an additional 15,995 shares during the period. Saudi Central Bank’s holdings in Archer Daniels Midland were worth $2,577,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ADM. Kelleher Financial Advisors acquired a new stake in Archer Daniels Midland during the 2nd quarter worth about $25,000. Motiv8 Investments LLC acquired a new position in shares of Archer Daniels Midland in the 4th quarter valued at about $26,000. Orion Capital Management LLC acquired a new position in shares of Archer Daniels Midland in the 2nd quarter valued at about $27,000. Sankala Group LLC purchased a new stake in shares of Archer Daniels Midland in the fourth quarter worth approximately $28,000. Finally, Nalls Sherbakoff Group LLC acquired a new stake in shares of Archer Daniels Midland during the fourth quarter worth approximately $29,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

NYSE:ADM opened at $84.66 on Tuesday. The firm has a market capitalization of $40.80 billion, a PE ratio of 23.19, a PEG ratio of 2.58 and a beta of 0.62. Archer Daniels Midland Company has a 1 year low of $55.58 and a 1 year high of $88.46. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27. The firm’s fifty day simple moving average is $81.13 and its 200 day simple moving average is $76.47.

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

Archer Daniels Midland Dividend Announcement

The firm also recently announced 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 of this dividend is Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. Archer Daniels Midland’s dividend payout ratio (DPR) is 56.99%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Weiss Ratings upgraded shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. Morgan Stanley raised shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $60.00 to $79.00 in a research note on Wednesday, August 5th. Barclays boosted 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. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Finally, Wall Street Zen cut Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $79.67.

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.