Munich Reinsurance Co Stock Corp in Munich Sells 21,194 Shares of Archer Daniels Midland Company $ADM

Munich Reinsurance Co Stock Corp in Munich lessened its holdings in Archer Daniels Midland Company (NYSE:ADM) by 3.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 621,603 shares of the company’s stock after selling 21,194 shares during the quarter. Munich Reinsurance Co Stock Corp in Munich’s holdings in Archer Daniels Midland were worth $47,490,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Syon Capital LLC boosted its position in shares of Archer Daniels Midland by 16.2% in the 2nd quarter. Syon Capital LLC now owns 6,868 shares of the company’s stock worth $525,000 after purchasing an additional 958 shares in the last quarter. Premier Path Wealth Partners LLC increased its position in Archer Daniels Midland by 12.4% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 6,125 shares of the company’s stock valued at $468,000 after buying an additional 677 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in Archer Daniels Midland by 33.4% during the second quarter. Concurrent Investment Advisors LLC now owns 23,915 shares of the company’s stock valued at $1,827,000 after buying an additional 5,985 shares during the last quarter. NEOS Investment Management LLC boosted its holdings in Archer Daniels Midland by 14.3% in the second quarter. NEOS Investment Management LLC now owns 78,715 shares of the company’s stock worth $6,014,000 after acquiring an additional 9,826 shares in the last quarter. Finally, Nykredit A S purchased a new stake in shares of Archer Daniels Midland in the second quarter worth $8,023,000. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Archer Daniels Midland Price Performance

Shares of NYSE:ADM opened at $84.66 on Friday. 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 cap of $40.80 billion, a price-to-earnings ratio of 23.19, a price-to-earnings-growth ratio of 2.57 and a beta of 0.62. The business has a 50-day simple moving average of $80.98 and a two-hundred day simple moving average of $76.31. Archer Daniels Midland Company has a fifty-two week low of $55.58 and a fifty-two week high of $88.46.

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 analysts’ consensus estimates of $1.49 by $0.35. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The firm had revenue of $22.68 billion for the quarter, compared to the consensus estimate of $22.75 billion. During the same quarter last year, the firm posted $0.93 EPS. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, analysts expect that Archer Daniels Midland Company will post 5.46 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be paid 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 2.5%. Archer Daniels Midland’s payout ratio is currently 56.99%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ADM shares. Wall Street Zen raised Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 31st. Morgan Stanley upgraded shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and raised their price objective for the company from $60.00 to $79.00 in a research note on Wednesday, August 5th. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. UBS Group increased their price target on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a report on Monday, June 15th. Finally, Weiss Ratings upgraded shares of 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 assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price 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.