United Capital Financial Advisors LLC Takes Position in Archer Daniels Midland Company $ADM

United Capital Financial Advisors LLC bought a new position in Archer Daniels Midland Company (NYSE:ADMFree Report) during the 2nd quarter, HoldingsChannel reports. The fund bought 16,757 shares of the company’s stock, valued at approximately $1,280,000.

Several other institutional investors have also recently added to or reduced their stakes in ADM. Kelleher Financial Advisors bought a new stake in Archer Daniels Midland during the second quarter worth about $25,000. Motiv8 Investments LLC acquired a new stake in Archer Daniels Midland during the 4th quarter valued at $26,000. Sankala Group LLC bought a new position in Archer Daniels Midland in the 4th quarter valued at $28,000. Nalls Sherbakoff Group LLC acquired a new position in Archer Daniels Midland in the fourth quarter worth $29,000. Finally, Global Trust Asset Management LLC bought a new stake in shares of Archer Daniels Midland during the first quarter worth $29,000. 78.28% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ADM. Barclays lifted their price target on Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a report on Wednesday, August 5th. Morgan Stanley raised shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $60.00 to $79.00 in a report on Wednesday, August 5th. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Weiss Ratings raised shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Finally, UBS Group upped their price objective on 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 given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $79.67.

Check Out Our Latest Research Report on Archer Daniels Midland

Archer Daniels Midland Price Performance

Shares of ADM stock opened at $81.43 on Friday. The firm’s 50 day moving average price is $80.18 and its two-hundred day moving average price is $75.77. The stock has a market cap of $39.25 billion, a PE ratio of 22.31 and a beta of 0.62. Archer Daniels Midland Company has a 52-week low of $55.58 and a 52-week high of $88.46. 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:ADMGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $22.75 billion. During the same period last year, the company earned $0.93 EPS. The firm’s revenue was up 7.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, analysts forecast that Archer Daniels Midland Company will post 5.46 EPS for the current year.

Archer Daniels Midland Dividend Announcement

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

Archer Daniels Midland Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

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