Archer Daniels Midland Company $ADM Stock Position Decreased by Denali Advisors LLC

Denali Advisors LLC trimmed its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 57.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,806 shares of the company’s stock after selling 9,024 shares during the quarter. Denali Advisors LLC’s holdings in Archer Daniels Midland were worth $520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in ADM. Kelleher Financial Advisors bought a new position in Archer Daniels Midland during the second quarter valued at approximately $25,000. Motiv8 Investments LLC bought a new stake in Archer Daniels Midland in the fourth quarter worth approximately $26,000. Sankala Group LLC acquired a new position in shares of Archer Daniels Midland during the 4th quarter worth $28,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Archer Daniels Midland during the 4th quarter worth $29,000. Finally, Global Trust Asset Management LLC bought a new position in shares of Archer Daniels Midland during the 1st quarter valued at $29,000. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer Daniels Midland Trading Up 1.3%

Archer Daniels Midland stock opened at $81.82 on Friday. Archer Daniels Midland Company has a 52 week low of $55.58 and a 52 week high of $88.46. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39. The firm has a market capitalization of $39.43 billion, a PE ratio of 22.42 and a beta of 0.62. The business’s 50-day simple moving average is $79.89 and its 200-day simple moving average is $75.30.

Archer Daniels Midland (NYSE:ADM) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share 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 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 revenue for the quarter 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. Equities research analysts forecast 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 declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be given a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.5%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 56.99%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. JPMorgan Chase & Co. increased their target price on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 6th. Morgan Stanley raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $60.00 to $79.00 in a report on Wednesday, August 5th. Barclays raised their price objective 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. UBS Group boosted their target price on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Finally, Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $79.67.

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.