GAMMA Investing LLC Has $1.08 Million Stake in Archer Daniels Midland Company $ADM

GAMMA Investing LLC lifted its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 82.7% during the second quarter, Holdings Channel.com reports. The firm owned 20,503 shares of the company’s stock after buying an additional 9,281 shares during the quarter. GAMMA Investing LLC’s holdings in Archer Daniels Midland were worth $1,082,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. S.A. Mason LLC bought a new position in Archer Daniels Midland during the 1st quarter worth $25,000. Headlands Technologies LLC acquired a new position in shares of Archer Daniels Midland in the first quarter valued at about $25,000. ORG Partners LLC increased its position in Archer Daniels Midland by 297.2% during the first quarter. ORG Partners LLC now owns 699 shares of the company’s stock worth $34,000 after acquiring an additional 523 shares during the period. NBC Securities Inc. acquired a new stake in Archer Daniels Midland in the 1st quarter worth about $37,000. Finally, Capital Advisors Ltd. LLC boosted its holdings in Archer Daniels Midland by 43.4% in the 1st quarter. Capital Advisors Ltd. LLC now owns 783 shares of the company’s stock valued at $38,000 after purchasing an additional 237 shares during the period. 78.28% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ADM has been the subject of a number of analyst reports. UBS Group reiterated a “buy” rating and issued a $70.00 price target (up from $60.00) on shares of Archer Daniels Midland in a research report on Monday, August 11th. Wall Street Zen raised Archer Daniels Midland from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Morgan Stanley upped their target price on Archer Daniels Midland from $47.00 to $57.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 12th. Barclays raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $50.00 to $61.00 in a research note on Wednesday, August 6th. Finally, JPMorgan Chase & Co. started coverage on shares of Archer Daniels Midland in a research note on Wednesday, August 20th. They set a “neutral” rating and a $61.00 price objective on the stock. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $55.50.

Archer Daniels Midland Price Performance

Archer Daniels Midland stock opened at $60.57 on Wednesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.90 and a current ratio of 1.42. Archer Daniels Midland Company has a 52 week low of $40.98 and a 52 week high of $64.38. The stock has a market capitalization of $29.10 billion, a P/E ratio of 26.68, a price-to-earnings-growth ratio of 3.19 and a beta of 0.69. The stock has a fifty day moving average of $59.15 and a 200-day moving average of $52.58.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, August 5th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.05. The firm had revenue of $21.17 billion for the quarter, compared to analysts’ expectations of $21.56 billion. Archer Daniels Midland had a return on equity of 8.43% and a net margin of 1.33%.The business’s revenue for the quarter was down 4.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.03 earnings per share. Archer Daniels Midland has set its FY 2025 guidance at 4.000-4.000 EPS. On average, sell-side analysts expect that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Wednesday, August 20th were paid a $0.51 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $2.04 annualized dividend and a yield of 3.4%. Archer Daniels Midland’s dividend payout ratio is presently 89.87%.

Archer Daniels Midland Profile

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.