Flputnam Investment Management Co. Makes New Investment in Archer Daniels Midland Company $ADM

Flputnam Investment Management Co. purchased a new stake in Archer Daniels Midland Company (NYSE:ADM) in the second quarter, according to its most recent filing with the SEC. The fund purchased 36,519 shares of the company’s stock, valued at approximately $2,790,000.

Other large investors have also recently added to or reduced their stakes in the company. Woodline Partners LP lifted its position in shares of Archer Daniels Midland by 40.8% in the 1st quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock worth $1,941,000 after buying an additional 11,715 shares during the last quarter. Daiwa Securities Group Inc. grew its position in shares of Archer Daniels Midland by 5.3% during the 2nd 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. raised its stake in 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 acquiring an additional 54,746 shares during the period. Glenview Trust co acquired a new stake in Archer Daniels Midland during the second quarter worth about $203,000. Finally, Treasurer of the State of North Carolina lifted its holdings in Archer Daniels Midland by 2.3% in the second quarter. Treasurer of the State of North Carolina now owns 223,280 shares of the company’s stock worth $11,785,000 after acquiring an additional 5,051 shares during the last quarter. 78.28% of the stock is currently owned by institutional investors.

Archer Daniels Midland Trading Down 0.0%

Shares of ADM stock opened at $80.44 on Monday. Archer Daniels Midland Company has a 1 year low of $55.58 and a 1 year high of $88.46. The firm has a market capitalization of $38.77 billion, a PE ratio of 22.04 and a beta of 0.62. The stock has a fifty day moving average of $79.78 and a two-hundred day moving average of $74.90. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.35. The company had revenue of $22.68 billion for the quarter, compared to analyst estimates of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company earned $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, research analysts expect that Archer Daniels Midland Company will post 5.46 EPS for the current year.

Archer Daniels Midland Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s payout ratio is 56.99%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Weiss Ratings raised Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Wall Street Zen upgraded Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research note on Saturday. JPMorgan Chase & Co. raised their target price on Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Finally, UBS Group increased their price objective on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $79.67.

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.