Deutsche Bank AG Takes Position in Archer Daniels Midland Company $ADM

Deutsche Bank AG purchased a new stake in Archer Daniels Midland Company (NYSE:ADM) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 2,330,978 shares of the company’s stock, valued at approximately $178,087,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Quadrant Capital Group LLC raised its holdings in Archer Daniels Midland by 0.6% during the 4th quarter. Quadrant Capital Group LLC now owns 23,166 shares of the company’s stock worth $1,332,000 after buying an additional 146 shares during the period. Atlantic Union Bankshares Corp raised its holdings in shares of Archer Daniels Midland by 5.1% during the fourth quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company’s stock valued at $180,000 after acquiring an additional 153 shares during the period. Summit Financial LLC raised its holdings in shares of Archer Daniels Midland by 0.9% during the fourth quarter. Summit Financial LLC now owns 16,947 shares of the company’s stock valued at $974,000 after acquiring an additional 153 shares during the period. Checchi Capital Advisers LLC lifted its position in shares of Archer Daniels Midland by 2.6% in the 4th quarter. Checchi Capital Advisers LLC now owns 6,436 shares of the company’s stock valued at $370,000 after acquiring an additional 161 shares in the last quarter. Finally, QRG Capital Management Inc. boosted its stake in Archer Daniels Midland by 0.8% in the 1st quarter. QRG Capital Management Inc. now owns 20,648 shares of the company’s stock worth $1,501,000 after purchasing an additional 164 shares during the period. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

Shares of ADM opened at $82.54 on Wednesday. The company has a market capitalization of $39.78 billion, a PE ratio of 22.61 and a beta of 0.62. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39. The company’s 50 day moving average price is $79.85 and its 200 day moving average price is $75.10. Archer Daniels Midland Company has a 52 week low of $55.58 and a 52 week high of $88.46.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.35. The company had revenue of $22.68 billion during 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 company’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Research analysts expect that Archer Daniels Midland Company will post 5.46 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 56.99%.

Analyst Ratings Changes

Several equities analysts have weighed in on ADM shares. Barclays lifted their price objective 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. Weiss Ratings raised Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. UBS Group lifted their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a report on Monday, June 15th. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Finally, JPMorgan Chase & Co. increased their price objective on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. One investment 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 assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $79.67.

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.