J. Safra Sarasin Holding AG Invests $845,000 in Archer Daniels Midland Company $ADM

J. Safra Sarasin Holding AG bought a new position in shares of Archer Daniels Midland Company (NYSE:ADMFree Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 11,630 shares of the company’s stock, valued at approximately $845,000.

Several other institutional investors have also modified their holdings of ADM. Woodline Partners LP increased its holdings in shares of Archer Daniels Midland by 40.8% in the 1st quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock valued at $1,941,000 after acquiring an additional 11,715 shares during the period. Daiwa Securities Group Inc. grew its holdings in shares of Archer Daniels Midland by 5.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 83,983 shares of the company’s stock worth $4,433,000 after acquiring an additional 4,224 shares during the period. Sei Investments Co. boosted 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 in the last quarter. Glenview Trust co acquired a new position in shares of Archer Daniels Midland during the 2nd quarter worth approximately $203,000. Finally, Treasurer of the State of North Carolina lifted its holdings in 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 purchasing an additional 5,051 shares in the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Wall Street Analyst Weigh In

ADM has been the topic of a number of research analyst reports. 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. 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 report on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Monday, April 20th. Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Morgan Stanley boosted their price target on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Archer Daniels Midland currently has an average rating of “Reduce” and an average target price of $75.33.

Get Our Latest Report on ADM

Archer Daniels Midland Stock Performance

Shares of NYSE:ADM opened at $82.37 on Wednesday. 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 12-month low of $52.23 and a 12-month high of $85.37. The company’s 50 day moving average price is $78.97 and its two-hundred day moving average price is $71.72. The firm has a market cap of $39.70 billion, a PE ratio of 36.94 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADMGet Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating 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 company had revenue of $20.49 billion during the quarter, compared to analysts’ expectations of $21.35 billion. During the same period in the previous year, the company earned $0.70 EPS. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Equities research analysts predict that Archer Daniels Midland Company will post 4.71 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

The company 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 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio is 93.27%.

Archer Daniels Midland Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

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