6,300 Shares in Archer Daniels Midland Company $ADM Bought by Wealth Effects LLC

Wealth Effects LLC acquired a new stake in shares of Archer Daniels Midland Company (NYSE:ADM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,300 shares of the company’s stock, valued at approximately $481,000.

Other institutional investors have also added to or reduced their stakes in the company. N.E.W. Advisory Services LLC purchased a new stake in shares of Archer Daniels Midland in the 2nd quarter valued at about $88,000. Flputnam Investment Management Co. purchased a new position in shares of Archer Daniels Midland during the second quarter worth about $2,790,000. Global Retirement Partners LLC bought a new position in shares of Archer Daniels Midland in the second quarter worth approximately $516,000. 1ST Source Bank bought a new position in shares of Archer Daniels Midland in the second quarter worth approximately $440,000. Finally, Silverlake Wealth Management LLC purchased a new stake in Archer Daniels Midland in the second quarter valued at approximately $201,000. 78.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Weiss Ratings raised shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. UBS Group raised their price objective on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research 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. Barclays upped their target price on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 5th. Finally, Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and raised their price target for the company from $60.00 to $79.00 in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Archer Daniels Midland currently has a consensus rating of “Hold” and an average price target of $79.67.

Archer Daniels Midland Stock Down 0.0%

Shares of ADM opened at $80.44 on Monday. The firm has a market cap of $38.77 billion, a P/E ratio of 22.04 and a beta of 0.62. The stock has a 50 day simple moving average of $79.78 and a two-hundred day simple moving average of $74.90. 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 posted its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.49 by $0.35. The firm had revenue of $22.68 billion for the quarter, compared to the consensus estimate 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 revenue was up 7.2% compared to the same quarter last year. During the same period last year, the firm posted $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, analysts forecast that Archer Daniels Midland Company will post 5.46 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 56.99%.

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.