1,667,143 Shares in Archer Daniels Midland Company $ADM Bought by Caisse de depot et placement du Quebec

Caisse de depot et placement du Quebec bought a new stake in Archer Daniels Midland Company (NYSE:ADM) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,667,143 shares of the company’s stock, valued at approximately $127,370,000. Caisse de depot et placement du Quebec owned 0.35% of Archer Daniels Midland at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Kelleher Financial Advisors bought a new position in shares of Archer Daniels Midland during the 2nd quarter valued at about $25,000. Motiv8 Investments LLC acquired a new position in shares of Archer Daniels Midland in the 4th quarter valued at approximately $26,000. Sankala Group LLC bought a new stake in Archer Daniels Midland during the 4th quarter worth approximately $28,000. Nalls Sherbakoff Group LLC acquired a new stake in Archer Daniels Midland during the 4th quarter worth approximately $29,000. Finally, Global Trust Asset Management LLC bought a new position in Archer Daniels Midland in the first quarter valued at approximately $29,000. 78.28% of the stock is currently owned by institutional investors.

Archer Daniels Midland Stock Performance

ADM opened at $80.19 on Thursday. The business’s 50-day simple moving average is $79.97 and its 200 day simple moving average is $75.64. 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 $38.65 billion, a PE ratio of 21.97 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates 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 business’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company earned $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, sell-side analysts expect that Archer Daniels Midland Company will post 5.46 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 56.99%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Wall Street Zen cut shares of Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a research report on Sunday. UBS Group upped their target price on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $60.00 to $79.00 in a report on Wednesday, August 5th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus 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.