7,113 Archer Daniels Midland Company $ADM Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its stake in Archer Daniels Midland Company (NYSE:ADM) by 4.5% in the third quarter, HoldingsChannel.com reports. The fund owned 152,597 shares of the company’s stock after selling 7,113 shares during the period. Yousif Capital Management LLC’s holdings in Archer Daniels Midland were worth $12,113,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Compass Wealth Management LLC bought a new stake in Archer Daniels Midland in the 3rd quarter worth approximately $202,000. Royal Fund Management LLC raised its stake in Archer Daniels Midland by 1.2% during the 3rd quarter. Royal Fund Management LLC now owns 40,371 shares of the company’s stock valued at $3,205,000 after buying an additional 498 shares during the last quarter. Root Financial Partners LLC purchased a new stake in Archer Daniels Midland during the 3rd quarter valued at $165,000. E. Ohman J or Asset Management AB lifted its holdings in shares of Archer Daniels Midland by 7.1% during the 3rd quarter. E. Ohman J or Asset Management AB now owns 19,540 shares of the company’s stock valued at $1,551,000 after buying an additional 1,300 shares during the period. Finally, Magnus Financial Group LLC bought a new position in shares of Archer Daniels Midland during the 3rd quarter valued at $208,000. 78.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ADM. Weiss Ratings upgraded Archer Daniels Midland from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. William Blair initiated coverage on Archer Daniels Midland in a research report on Tuesday, September 15th. They set a “buy” rating for the company. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and upped their price objective for the company from $60.00 to $79.00 in a research report on Wednesday, August 5th. Stephens increased their target price on Archer Daniels Midland from $80.00 to $85.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Finally, Wall Street Zen cut Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 10th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $81.75.

Archer Daniels Midland Stock Up 0.3%

Shares of ADM stock opened at $80.07 on Friday. Archer Daniels Midland Company has a 12 month low of $55.58 and a 12 month high of $88.75. The stock has a market cap of $38.59 billion, a P/E ratio of 21.94, a P/E/G ratio of 2.43 and a beta of 0.64. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27. The company has a 50 day simple moving average of $82.34 and a two-hundred day simple moving average of $79.46.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results 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. The business had revenue of $22.68 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the firm earned $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, research analysts expect that Archer Daniels Midland Company will post 5.50 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio is 56.99%.

Archer Daniels Midland Profile

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

The company processes oilseeds, corn, wheat and other crops into ingredients and products used in food and beverages, animal nutrition, renewable fuels and industrial applications. Its offerings include vegetable oils, protein meals, sweeteners, starches, flour, food ingredients, animal feed ingredients and biofuels, as well as specialty ingredients developed through its nutrition businesses.

ADM operates an integrated network of agricultural facilities, processing plants, transportation assets and commercial offices serving customers across North America, South America, Europe, Asia and other international markets.