Northwestern Mutual Wealth Management Co. Grows Holdings in Archer Daniels Midland Company $ADM

Northwestern Mutual Wealth Management Co. increased its stake in Archer Daniels Midland Company (NYSE:ADM) by 6.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 140,111 shares of the company’s stock after buying an additional 7,916 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Archer Daniels Midland were worth $10,704,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in shares of Archer Daniels Midland in the 4th quarter valued at about $402,743,000. Swedbank AB lifted its holdings 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 valued at $22,941,000 after purchasing an additional 33,647 shares during the last quarter. Banque Cantonale Vaudoise boosted its stake in Archer Daniels Midland by 56.4% in the 4th quarter. Banque Cantonale Vaudoise now owns 50,181 shares of the company’s stock worth $2,886,000 after purchasing an additional 18,088 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of 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 buying an additional 13,576 shares during the last quarter. Finally, North Dakota State Investment Board purchased a new stake in Archer Daniels Midland during the 4th quarter valued at about $1,634,000. 78.28% of the stock is owned by institutional investors.

Archer Daniels Midland Price Performance

Shares of ADM opened at $85.44 on Thursday. The stock has a market cap of $41.18 billion, a PE ratio of 23.41, a P/E/G ratio of 2.58 and a beta of 0.62. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. Archer Daniels Midland Company has a 1-year low of $55.58 and a 1-year high of $88.46. The firm has a 50-day simple moving average of $80.66 and a two-hundred day simple moving average of $76.14.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.49 by $0.35. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The business had revenue of $22.68 billion during the quarter, compared to analyst estimates of $22.75 billion. During the same period last year, the business posted $0.93 earnings per share. The company’s quarterly revenue was up 7.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, analysts forecast that Archer Daniels Midland Company will post 5.46 EPS for the current year.

Archer Daniels Midland Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be issued a dividend of $0.52 per share. The ex-dividend date is Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a yield of 2.4%. Archer Daniels Midland’s dividend payout ratio is 56.99%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ADM. Weiss Ratings raised shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Morgan Stanley raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $60.00 to $79.00 in a research note on Wednesday, August 5th. UBS Group raised their price target on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Barclays lifted their target price on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. upped their price target on Archer Daniels Midland from $65.00 to $74.00 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 issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Archer Daniels Midland currently has a consensus rating of “Hold” and a consensus target price of $79.67.

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.