14,722 Shares in Archer Daniels Midland Company $ADM Acquired by Forty three Eighteen Advisors LLC

Forty three Eighteen Advisors LLC acquired a new position in shares of Archer Daniels Midland Company (NYSE:ADM) in the first quarter, HoldingsChannel.com reports. The firm acquired 14,722 shares of the company’s stock, valued at approximately $1,070,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Woodline Partners LP boosted its holdings in shares of Archer Daniels Midland by 40.8% during the first quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock valued at $1,941,000 after acquiring an additional 11,715 shares during the period. Daiwa Securities Group Inc. raised its holdings in shares of Archer Daniels Midland by 5.3% during the second quarter. Daiwa Securities Group Inc. now owns 83,983 shares of the company’s stock valued at $4,433,000 after buying an additional 4,224 shares during the last quarter. Sei Investments Co. boosted its position in shares of Archer Daniels Midland by 40.0% during the second quarter. Sei Investments Co. now owns 191,633 shares of the company’s stock worth $10,116,000 after buying an additional 54,746 shares during the period. Glenview Trust co acquired a new position in shares of Archer Daniels Midland during the second quarter worth approximately $203,000. Finally, Treasurer of the State of North Carolina raised its stake in Archer Daniels Midland by 2.3% during the 2nd quarter. Treasurer of the State of North Carolina now owns 223,280 shares of the company’s stock valued at $11,785,000 after acquiring an additional 5,051 shares in the last quarter. 78.28% of the stock is owned by institutional investors and hedge funds.

Archer Daniels Midland Trading Up 3.4%

Shares of Archer Daniels Midland stock opened at $85.86 on Friday. The business has a fifty day simple moving average of $79.32 and a 200-day simple moving average of $72.17. Archer Daniels Midland Company has a fifty-two week low of $52.96 and a fifty-two week high of $86.00. The firm has a market cap of $41.38 billion, a price-to-earnings ratio of 38.50 and a beta of 0.62. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share (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 for the quarter, compared to analyst estimates of $21.35 billion. During the same period in the previous year, the company earned $0.70 earnings per share. Archer Daniels Midland’s 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. On average, equities analysts forecast that Archer Daniels Midland Company will post 4.71 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Wednesday, May 20th. Archer Daniels Midland’s payout ratio is presently 93.27%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ADM. Morgan Stanley boosted their price target on Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 6th. Barclays lifted their price objective on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. increased their target price on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. Wall Street Zen raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Zacks Research lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Archer Daniels Midland presently has an average rating of “Reduce” and a consensus price target of $75.33.

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.