Victory Capital Management Inc. Increases Stake in Archer Daniels Midland Company $ADM

Victory Capital Management Inc. boosted its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 831.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,592,030 shares of the company’s stock after purchasing an additional 4,991,550 shares during the period. Victory Capital Management Inc.’s holdings in Archer Daniels Midland were worth $321,486,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. First National Bank of Omaha bought a new position in Archer Daniels Midland during the 4th quarter valued at about $851,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Archer Daniels Midland by 19.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,525,987 shares of the company’s stock valued at $145,219,000 after acquiring an additional 411,489 shares during the period. Wells Fargo & Company MN lifted its stake in Archer Daniels Midland by 5.5% during the 4th quarter. Wells Fargo & Company MN now owns 460,184 shares of the company’s stock valued at $26,456,000 after acquiring an additional 23,979 shares during the period. Wealthspire Advisors LLC lifted its stake in Archer Daniels Midland by 60.0% during the 4th quarter. Wealthspire Advisors LLC now owns 7,716 shares of the company’s stock valued at $444,000 after acquiring an additional 2,895 shares during the period. Finally, Macquarie Group Ltd. lifted its stake in Archer Daniels Midland by 18.8% during the 4th quarter. Macquarie Group Ltd. now owns 60,757 shares of the company’s stock valued at $3,493,000 after acquiring an additional 9,631 shares during the period. 78.28% of the stock is owned by hedge funds and other institutional investors.

Archer Daniels Midland Trading Up 1.6%

Archer Daniels Midland stock opened at $80.14 on Friday. The firm has a 50 day moving average of $76.11 and a 200 day moving average of $68.79. The firm has a market capitalization of $38.62 billion, a price-to-earnings ratio of 35.94 and a beta of 0.60. Archer Daniels Midland Company has a 12-month low of $49.58 and a 12-month high of $85.37. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.05. The company had revenue of $20.49 billion during the quarter, compared to analyst estimates of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, research analysts predict that Archer Daniels Midland Company will post 4.43 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 $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio is currently 93.27%.

Wall Street Analyst Weigh In

Several research firms have issued reports on ADM. Barclays upped their target price on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Wall Street Zen raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. Jefferies Financial Group upped their price target on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research report on Monday, April 6th. Finally, Morgan Stanley upped their price target on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $74.50.

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.