RFG Advisory LLC Invests $1.47 Million in Archer Daniels Midland Company $ADM

RFG Advisory LLC purchased a new stake in Archer Daniels Midland Company (NYSE:ADM) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 20,187 shares of the company’s stock, valued at approximately $1,467,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new stake in shares of Archer Daniels Midland in the 4th quarter worth approximately $402,743,000. Procyon Advisors LLC increased its stake in Archer Daniels Midland by 174.0% in the 4th quarter. Procyon Advisors LLC now owns 39,442 shares of the company’s stock valued at $2,268,000 after purchasing an additional 25,048 shares in the last quarter. Swedbank AB raised its holdings in Archer Daniels Midland by 9.2% during the fourth quarter. Swedbank AB now owns 399,047 shares of the company’s stock worth $22,941,000 after purchasing an additional 33,647 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in Archer Daniels Midland by 1,542.1% during the fourth quarter. Assenagon Asset Management S.A. now owns 397,444 shares of the company’s stock worth $22,849,000 after purchasing an additional 373,241 shares in the last quarter. Finally, DoubleLine ETF Adviser LP acquired a new stake in Archer Daniels Midland in the third quarter valued at $1,536,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ADM. Jefferies Financial Group raised their price target on Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research report on Monday, April 6th. Morgan Stanley increased their price objective on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. raised their target price on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Zacks Research cut shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Finally, Barclays increased their price target on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Archer Daniels Midland currently has a consensus rating of “Reduce” and a consensus target price of $75.33.

Archer Daniels Midland Stock Up 0.3%

Shares of NYSE:ADM opened at $76.78 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $37.01 billion, a P/E ratio of 34.43 and a beta of 0.60. Archer Daniels Midland Company has a 52-week low of $51.34 and a 52-week high of $85.37. The stock’s fifty day simple moving average is $77.17 and its 200-day simple moving average is $69.94.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The firm had revenue of $20.49 billion during the quarter, compared to analysts’ expectations of $21.35 billion. During the same quarter last year, the business posted $0.70 EPS. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, equities research analysts forecast that Archer Daniels Midland Company will post 4.47 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, June 10th. Stockholders of record on Wednesday, May 20th were issued a dividend of $0.52 per share. The ex-dividend date was Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.7%. Archer Daniels Midland’s payout ratio is 93.27%.

Archer Daniels Midland Company 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.