Archer Daniels Midland Company $ADM Shares Sold by MCF Advisors LLC

MCF Advisors LLC decreased its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 64.2% during the second quarter, Holdings Channel.com reports. The firm owned 5,893 shares of the company’s stock after selling 10,560 shares during the period. MCF Advisors LLC’s holdings in Archer Daniels Midland were worth $450,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Kelleher Financial Advisors acquired a new position in shares of Archer Daniels Midland in the 2nd quarter valued at $25,000. Motiv8 Investments LLC acquired a new stake in Archer Daniels Midland during the fourth quarter valued at $26,000. Orion Capital Management LLC purchased a new position in Archer Daniels Midland in the second quarter valued at $27,000. Sankala Group LLC acquired a new position in shares of Archer Daniels Midland in the fourth quarter worth about $28,000. Finally, Nalls Sherbakoff Group LLC acquired a new position in shares of Archer Daniels Midland in the fourth quarter worth about $29,000. 78.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on ADM. Wall Street Zen lowered Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. Morgan Stanley raised 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 report on Wednesday, August 5th. UBS Group upped their target price on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Finally, Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. 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 given a Sell rating to the company’s stock. According to MarketBeat, Archer Daniels Midland currently has a consensus rating of “Hold” and a consensus target price of $79.67.

Archer Daniels Midland Trading Up 0.3%

Shares of ADM stock opened at $86.81 on Friday. Archer Daniels Midland Company has a fifty-two week low of $55.58 and a fifty-two week high of $88.75. 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 stock’s fifty day moving average is $81.70 and its two-hundred day moving average is $76.85. The firm has a market capitalization of $41.84 billion, a P/E ratio of 23.78, a PEG ratio of 2.64 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM) last issued its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.35. The business 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 quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Research analysts expect that Archer Daniels Midland Company will post 5.46 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $2.08 annualized dividend and a dividend yield of 2.4%. Archer Daniels Midland’s payout ratio is presently 56.99%.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company. Founded in 1902, ADM connects farmers and agricultural markets with food, beverage, animal nutrition and industrial customers by sourcing, transporting, storing and processing crops and other agricultural commodities.

The company’s operations include the processing of oilseeds such as soybeans, canola and sunflower seeds into vegetable oils, protein meals and other ingredients. ADM also produces corn and wheat-based sweeteners, starches, flours, fibers and other carbohydrate products, along with plant-based proteins, flavors, emulsifiers and specialty ingredients used in food and beverage manufacturing.

ADM serves customers in markets around the world through its agricultural services, commodity merchandising, transportation, processing and storage networks.