Corient Private Wealth LLC Purchases 10,287 Shares of Archer Daniels Midland Company $ADM

Corient Private Wealth LLC boosted its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 9.4% in the fourth quarter, Holdings Channel reports. The fund owned 119,629 shares of the company’s stock after acquiring an additional 10,287 shares during the period. Corient Private Wealth LLC’s holdings in Archer Daniels Midland were worth $6,882,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Toth Financial Advisory Corp acquired a new position in shares of Archer Daniels Midland during the fourth quarter worth approximately $25,000. Motiv8 Investments LLC acquired a new stake in Archer Daniels Midland during the fourth quarter worth $26,000. Sankala Group LLC bought a new stake in Archer Daniels Midland in the 4th quarter valued at $28,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Archer Daniels Midland by 313.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock valued at $30,000 after buying an additional 386 shares in the last quarter. Finally, Elyxium Wealth LLC bought a new position in shares of Archer Daniels Midland during the 4th quarter worth about $31,000. 78.28% of the stock is owned by institutional investors and hedge funds.

Archer Daniels Midland Price Performance

Shares of ADM stock opened at $76.49 on Friday. The firm has a market cap of $36.87 billion, a price-to-earnings ratio of 34.30 and a beta of 0.60. Archer Daniels Midland Company has a 12 month low of $51.34 and a 12 month high of $85.37. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. The stock has a 50-day moving average price of $76.98 and a 200 day moving average price of $69.90.

Archer Daniels Midland (NYSE:ADM) last issued its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.05. The company had revenue of $20.49 billion for 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 company’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Research analysts expect that Archer Daniels Midland Company will post 4.43 EPS for the current year.

Archer Daniels Midland Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Wednesday, May 20th. Archer Daniels Midland’s payout ratio is presently 93.27%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ADM. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Monday, April 20th. Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Jefferies Financial Group upped their target price on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a report on Monday, April 6th. Zacks Research downgraded shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday. Finally, JPMorgan Chase & Co. upped their price objective on shares of 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 research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Archer Daniels Midland has an average rating of “Reduce” and an average target price of $75.33.

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.