Chancellor Financial Group WB LP Acquires Shares of 13,535 Archer Daniels Midland Company $ADM

Chancellor Financial Group WB LP purchased a new stake in Archer Daniels Midland Company (NYSE:ADM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 13,535 shares of the company’s stock, valued at approximately $1,034,000.

A number of other large investors have also added to or reduced their stakes in ADM. Norges Bank bought a new stake in Archer Daniels Midland during the fourth quarter worth about $402,743,000. Swedbank AB boosted its position in shares of Archer Daniels Midland by 9.2% during the 4th quarter. Swedbank AB now owns 399,047 shares of the company’s stock worth $22,941,000 after acquiring an additional 33,647 shares in the last quarter. Banque Cantonale Vaudoise increased its stake in Archer Daniels Midland by 56.4% in the fourth quarter. Banque Cantonale Vaudoise now owns 50,181 shares of the company’s stock valued at $2,886,000 after acquiring an additional 18,088 shares during the last quarter. Fisher Asset Management LLC raised its position in Archer Daniels Midland by 385.5% during the fourth quarter. Fisher Asset Management LLC now owns 17,098 shares of the company’s stock valued at $983,000 after purchasing an additional 13,576 shares in the last quarter. Finally, North Dakota State Investment Board bought a new stake in Archer Daniels Midland during the fourth quarter worth $1,634,000. Institutional investors and hedge funds own 78.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ADM shares. Barclays lifted their price target on Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 5th. Wall Street Zen raised Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research note on Saturday. JPMorgan Chase & Co. boosted their target price 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. UBS Group increased their target price on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Finally, Morgan Stanley raised shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $60.00 to $79.00 in a report on Wednesday, August 5th. One research 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 company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $79.67.

Archer Daniels Midland Stock Up 1.5%

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

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.35. The firm had revenue of $22.68 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the prior year, the company posted $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, research analysts anticipate that Archer Daniels Midland Company will post 5.46 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

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

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.