Daiichi Life Insurance Co. Ltd. Makes New $2.10 Million Investment in Archer Daniels Midland Company $ADM

Daiichi Life Insurance Co. Ltd. bought a new position in Archer Daniels Midland Company (NYSE:ADM) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 27,503 shares of the company’s stock, valued at approximately $2,101,000.

Other hedge funds also recently made changes to their positions in the company. Norges Bank purchased a new position in shares of Archer Daniels Midland in the 4th quarter worth $402,743,000. Swedbank AB lifted its holdings in shares of Archer Daniels Midland by 9.2% in the 4th quarter. Swedbank AB now owns 399,047 shares of the company’s stock valued at $22,941,000 after acquiring an additional 33,647 shares during the last quarter. Banque Cantonale Vaudoise lifted its holdings in shares of Archer Daniels Midland by 56.4% in the 4th quarter. Banque Cantonale Vaudoise now owns 50,181 shares of the company’s stock valued at $2,886,000 after acquiring an additional 18,088 shares during the last quarter. Fisher Asset Management LLC grew its position in Archer Daniels Midland by 385.5% in the fourth quarter. Fisher Asset Management LLC now owns 17,098 shares of the company’s stock worth $983,000 after acquiring an additional 13,576 shares in the last quarter. Finally, North Dakota State Investment Board bought a new stake in Archer Daniels Midland during the fourth quarter worth approximately $1,634,000. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Barclays upped their price objective on 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. JPMorgan Chase & Co. lifted their target price on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Wall Street Zen lowered Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a report on Sunday. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $60.00 to $79.00 in a research report on Wednesday, August 5th. Finally, Weiss Ratings raised shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Archer Daniels Midland currently has an average rating of “Hold” and an average target price of $79.67.

Archer Daniels Midland Stock Performance

Archer Daniels Midland stock opened at $80.10 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. The firm has a market capitalization of $38.60 billion, a P/E ratio of 21.95 and a beta of 0.62. Archer Daniels Midland Company has a 1-year low of $55.58 and a 1-year high of $88.46. The company’s 50-day moving average is $79.89 and its 200 day moving average is $75.38.

Archer Daniels Midland (NYSE:ADM) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.35. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The business had revenue of $22.68 billion during the quarter, compared to analyst estimates of $22.75 billion. During the same quarter in the previous year, the business earned $0.93 earnings per share. The company’s revenue for the quarter 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. Research analysts forecast that Archer Daniels Midland Company will post 5.46 EPS for the current year.

Archer Daniels Midland Dividend Announcement

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

Archer Daniels Midland Profile

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.