Guyasuta Investment Advisors Inc. Buys 300 Shares of Archer Daniels Midland Company $ADM

Guyasuta Investment Advisors Inc. lifted its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 5.2% during the second quarter, HoldingsChannel reports. The firm owned 6,100 shares of the company’s stock after acquiring an additional 300 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in Archer Daniels Midland were worth $322,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. S.A. Mason LLC acquired a new stake in shares of Archer Daniels Midland during the first quarter worth about $25,000. Headlands Technologies LLC bought a new position in shares of Archer Daniels Midland during the first quarter worth about $25,000. ORG Partners LLC grew its holdings in shares of 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 buying an additional 523 shares in the last quarter. NBC Securities Inc. bought a new position in shares of Archer Daniels Midland during the first quarter worth about $37,000. Finally, Capital Advisors Ltd. LLC grew its holdings in shares of Archer Daniels Midland by 43.4% during the first quarter. Capital Advisors Ltd. LLC now owns 783 shares of the company’s stock worth $38,000 after buying an additional 237 shares in the last quarter. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

NYSE:ADM opened at $60.62 on Friday. The stock has a market cap of $29.13 billion, a P/E ratio of 26.70, a PEG ratio of 3.23 and a beta of 0.69. The stock has a 50 day simple moving average of $59.58 and a 200 day simple moving average of $52.84. The company has a current ratio of 1.42, a quick ratio of 0.90 and a debt-to-equity ratio of 0.34. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $64.38.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.05. The firm had revenue of $21.17 billion during 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 company’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.03 EPS. Archer Daniels Midland has set its FY 2025 guidance at 4.000-4.000 EPS. Research analysts anticipate that Archer Daniels Midland Company will post 4.31 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Wednesday, August 20th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.4%. Archer Daniels Midland’s payout ratio is 89.87%.

Analyst Ratings Changes

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

About Archer Daniels Midland

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.