Westport Asset Management Inc. Makes New $573,000 Investment in Archer Daniels Midland Company $ADM

Westport Asset Management Inc. acquired a new stake in Archer Daniels Midland Company (NYSE:ADM) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 7,500 shares of the company’s stock, valued at approximately $573,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kelleher Financial Advisors bought a new stake in Archer Daniels Midland in the second quarter valued at $25,000. Motiv8 Investments LLC acquired a new position in Archer Daniels Midland during the 4th quarter worth approximately $26,000. Sankala Group LLC acquired a new stake in Archer Daniels Midland in the fourth quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Archer Daniels Midland during the fourth quarter worth approximately $29,000. Finally, Global Trust Asset Management LLC bought a new position in shares of Archer Daniels Midland in the 1st quarter worth $29,000. 78.28% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ADM shares. JPMorgan Chase & Co. raised their price objective on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Barclays increased their price objective on Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 5th. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $60.00 to $79.00 in a report on Wednesday, August 5th. Finally, Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. One investment 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 assigned a Sell rating to the stock. According to data from MarketBeat, Archer Daniels Midland has a consensus rating of “Hold” and a consensus price target of $79.67.

Archer Daniels Midland Trading Down 2.0%

Shares of ADM stock opened at $80.80 on Thursday. Archer Daniels Midland Company has a 12-month low of $55.58 and a 12-month high of $88.46. 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 company has a 50 day moving average of $79.84 and a 200-day moving average of $75.19. The firm has a market cap of $38.94 billion, a P/E ratio of 22.14 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 9.21% and a net margin of 2.16%.The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Sell-side analysts anticipate that Archer Daniels Midland Company will post 5.46 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be given a $0.52 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Archer Daniels Midland’s payout ratio is 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.