MASTERINVEST Kapitalanlage GmbH Invests $716,000 in Archer Daniels Midland Company $ADM

MASTERINVEST Kapitalanlage GmbH acquired a new stake in shares of Archer Daniels Midland Company (NYSE:ADM) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,559 shares of the company’s stock, valued at approximately $716,000.

Other institutional investors also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Archer Daniels Midland by 10.9% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 508,956 shares of the company’s stock valued at $26,863,000 after acquiring an additional 49,954 shares during the last quarter. Perpetual Ltd acquired a new position in Archer Daniels Midland during the second quarter valued at $227,000. Wellington Management Group LLP boosted its holdings in Archer Daniels Midland by 17.9% in the first quarter. Wellington Management Group LLP now owns 24,944,136 shares of the company’s stock valued at $1,197,568,000 after purchasing an additional 3,791,597 shares during the last quarter. Inspire Advisors LLC acquired a new stake in Archer Daniels Midland during the 2nd quarter worth about $3,060,000. Finally, Candriam S.C.A. lifted its holdings in shares of Archer Daniels Midland by 27.4% in the 1st quarter. Candriam S.C.A. now owns 58,888 shares of the company’s stock valued at $2,827,000 after buying an additional 12,678 shares during the period. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ADM shares. Zacks Research lowered Archer Daniels Midland from a “hold” rating to a “strong sell” rating in a report on Friday, November 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $59.00 target price (down from $61.00) on shares of Archer Daniels Midland in a report on Wednesday, November 5th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Archer Daniels Midland has an average rating of “Reduce” and an average target price of $55.25.

Archer Daniels Midland Stock Up 0.2%

Shares of ADM opened at $60.04 on Monday. The firm has a market cap of $28.85 billion, a P/E ratio of 24.51, a PEG ratio of 5.09 and a beta of 0.70. Archer Daniels Midland Company has a 12 month low of $40.98 and a 12 month high of $65.00. The stock’s 50 day moving average is $60.14 and its two-hundred day moving average is $57.86. The company has a current ratio of 1.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.29.

Archer Daniels Midland (NYSE:ADM) last announced its earnings results on Tuesday, November 4th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.03. Archer Daniels Midland had a return on equity of 8.01% and a net margin of 1.43%.The business had revenue of $20.37 billion during the quarter, compared to the consensus estimate of $20.96 billion. During the same period in the prior year, the company posted $1.09 EPS. The business’s quarterly revenue was up 2.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2025 guidance at 3.250-3.500 EPS. Analysts predict that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th were paid a dividend of $0.51 per share. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.4%. Archer Daniels Midland’s payout ratio is currently 83.27%.

Archer Daniels Midland Company Profile

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.