Cullen Capital Management LLC Makes New Investment in Archer Daniels Midland Company $ADM

Cullen Capital Management LLC acquired a new stake in shares of Archer Daniels Midland Company (NYSE:ADM) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 21,630 shares of the company’s stock, valued at approximately $1,653,000.

Other hedge funds have also modified their holdings of the company. Kelleher Financial Advisors acquired a new stake in Archer Daniels Midland in the 2nd quarter valued at $25,000. Motiv8 Investments LLC acquired a new position in Archer Daniels Midland during the fourth quarter worth $26,000. Sankala Group LLC acquired a new position in Archer Daniels Midland during the fourth quarter worth $28,000. Nalls Sherbakoff Group LLC bought a new position in shares of Archer Daniels Midland during the fourth quarter valued at $29,000. Finally, Global Trust Asset Management LLC acquired a new stake in shares of Archer Daniels Midland in the 1st quarter valued at $29,000. 78.28% of the stock is owned by institutional investors and hedge funds.

Archer Daniels Midland Trading Down 2.7%

Shares of NYSE ADM opened at $78.13 on Tuesday. Archer Daniels Midland Company has a 1-year low of $55.58 and a 1-year high of $88.46. The company has a 50-day moving average of $79.87 and a two-hundred day moving average of $75.46. The company has a market cap of $37.65 billion, a PE ratio of 21.40 and a beta of 0.62. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating 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 business had revenue of $22.68 billion for the quarter, compared to analysts’ expectations of $22.75 billion. During the same period in the prior year, the firm earned $0.93 earnings per share. Archer Daniels Midland’s revenue was up 7.2% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, equities analysts expect that Archer Daniels Midland Company will post 5.46 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

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 paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is 56.99%.

Analyst Ratings Changes

ADM has been the topic of several analyst reports. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Barclays boosted their price target on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 5th. Wall Street Zen lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a report on Sunday. Weiss Ratings upgraded shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. Finally, Morgan Stanley raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $60.00 to $79.00 in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Archer Daniels Midland currently has a consensus rating of “Hold” and an average target price 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.