12,018 Shares in Archer Daniels Midland Company $ADM Purchased by TCM Advisors LLC

TCM Advisors LLC bought a new stake in Archer Daniels Midland Company (NYSE:ADM) in the second quarter, Holdings Channel reports. The institutional investor bought 12,018 shares of the company’s stock, valued at approximately $918,000. Archer Daniels Midland accounts for approximately 0.1% of TCM Advisors LLC’s portfolio, making the stock its 24th largest holding.

Several other hedge funds have also recently added to or reduced their stakes in the business. Kelleher Financial Advisors acquired a new position in shares of Archer Daniels Midland in the 2nd quarter worth approximately $25,000. Global Trust Asset Management LLC acquired a new stake in shares of Archer Daniels Midland during the first quarter worth approximately $29,000. OP Asset Management Ltd acquired a new stake in shares of Archer Daniels Midland during the first quarter worth approximately $30,000. Motiv8 Investments LLC bought a new position in shares of Archer Daniels Midland in the fourth quarter valued at approximately $26,000. Finally, Sankala Group LLC acquired a new position in shares of Archer Daniels Midland in the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 78.28% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on ADM. Wall Street Zen lowered Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Barclays increased their target price on Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 5th. Finally, UBS Group lifted their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a report on Monday, June 15th. One 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 given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $79.67.

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $80.10 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. The firm has a market cap of $38.60 billion, a P/E ratio of 21.95 and a beta of 0.62. The firm has a 50 day simple moving average of $79.89 and a 200 day simple moving average of $75.38. 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 posted its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $22.75 billion. During the same quarter in the previous year, the company posted $0.93 EPS. Archer Daniels Midland’s 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. Sell-side analysts predict 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. Stockholders of record on Wednesday, August 19th will be given 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 dividend yield of 2.6%. Archer Daniels Midland’s payout ratio is presently 56.99%.

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.