Orographic Financial Advisors LLC Makes New $1.22 Million Investment in Archer Daniels Midland Company $ADM

Orographic Financial Advisors LLC purchased a new position in shares of Archer Daniels Midland Company (NYSE:ADMFree Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,740 shares of the company’s stock, valued at approximately $1,216,000.

Several other institutional investors have also recently made changes to their positions in the company. Woodline Partners LP lifted its stake in Archer Daniels Midland by 40.8% in the first quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock worth $1,941,000 after acquiring an additional 11,715 shares during the period. Daiwa Securities Group Inc. grew its holdings in Archer Daniels Midland by 5.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 83,983 shares of the company’s stock worth $4,433,000 after acquiring an additional 4,224 shares in the last quarter. Sei Investments Co. increased its position in Archer Daniels Midland by 40.0% during the 2nd quarter. Sei Investments Co. now owns 191,633 shares of the company’s stock valued at $10,116,000 after purchasing an additional 54,746 shares during the period. Glenview Trust co bought a new stake in shares of Archer Daniels Midland in the 2nd quarter valued at about $203,000. Finally, Treasurer of the State of North Carolina raised its holdings in shares of Archer Daniels Midland by 2.3% in 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 purchasing an additional 5,051 shares in the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Wall Street Analysts Forecast Growth

ADM has been the topic of a number of recent research reports. Morgan Stanley increased their price objective on shares of Archer Daniels Midland from $58.00 to $60.00 and gave the company an “underweight” rating in a research note on Monday, July 20th. Jefferies Financial Group boosted their price objective on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research note on Monday, April 6th. 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 report on Monday, June 15th. Barclays increased their target price on 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. Finally, Zacks Research lowered Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $75.67.

Get Our Latest Stock Analysis on Archer Daniels Midland

Archer Daniels Midland Trading Up 0.3%

Archer Daniels Midland stock opened at $80.59 on Friday. The stock has a 50-day moving average of $80.10 and a two-hundred day moving average of $73.86. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31. Archer Daniels Midland Company has a one year low of $52.96 and a one year high of $88.46. The stock has a market cap of $38.84 billion, a PE ratio of 36.14 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADMGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share 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 business had revenue of $20.49 billion for the quarter, compared to analyst estimates of $21.35 billion. During the same quarter in the previous year, the firm earned $0.70 earnings per share. The company’s revenue was up 1.6% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, research analysts anticipate that Archer Daniels Midland Company will post 4.76 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were paid a $0.52 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a yield of 2.6%. Archer Daniels Midland’s dividend payout ratio (DPR) is 93.27%.

About Archer Daniels Midland

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

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