Archer Daniels Midland Company $ADM Stock Position Cut by Van Hulzen Asset Management LLC

Van Hulzen Asset Management LLC reduced its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 13.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 458,267 shares of the company’s stock after selling 70,700 shares during the quarter. Archer Daniels Midland accounts for about 2.5% of Van Hulzen Asset Management LLC’s investment portfolio, making the stock its 5th largest holding. Van Hulzen Asset Management LLC’s holdings in Archer Daniels Midland were worth $35,012,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in ADM. Quadrant Capital Group LLC increased its stake in shares of Archer Daniels Midland by 0.6% in the fourth quarter. Quadrant Capital Group LLC now owns 23,166 shares of the company’s stock worth $1,332,000 after buying an additional 146 shares during the last quarter. Atlantic Union Bankshares Corp boosted its stake in Archer Daniels Midland by 5.1% during the 4th quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company’s stock valued at $180,000 after acquiring an additional 153 shares during the last quarter. Summit Financial LLC grew its holdings in Archer Daniels Midland by 0.9% during the 4th quarter. Summit Financial LLC now owns 16,947 shares of the company’s stock worth $974,000 after acquiring an additional 153 shares in the last quarter. QRG Capital Management Inc. increased its position in shares of Archer Daniels Midland by 0.8% in the 1st quarter. QRG Capital Management Inc. now owns 20,648 shares of the company’s stock worth $1,501,000 after purchasing an additional 164 shares during the last quarter. Finally, Midwest Trust Co increased its position in shares of Archer Daniels Midland by 4.3% in the 1st quarter. Midwest Trust Co now owns 4,009 shares of the company’s stock worth $291,000 after purchasing an additional 167 shares during the last quarter. Institutional investors and hedge funds own 78.28% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ADM shares. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Barclays boosted their price objective 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. Weiss Ratings raised Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $60.00 to $79.00 in a research report on Wednesday, August 5th. Finally, UBS Group boosted their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a report on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $79.67.

Archer Daniels Midland Price Performance

NYSE ADM opened at $86.47 on Thursday. The company has a 50-day moving average price of $81.49 and a two-hundred day moving average price of $76.71. Archer Daniels Midland Company has a 52 week low of $55.58 and a 52 week high of $88.46. The stock has a market cap of $41.68 billion, a price-to-earnings ratio of 23.69, a price-to-earnings-growth ratio of 2.58 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 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.35. The company had revenue of $22.68 billion for the quarter, compared to analysts’ expectations of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Analysts forecast that Archer Daniels Midland Company will post 5.46 EPS for the current year.

Archer Daniels Midland Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th were paid a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $2.08 annualized dividend and a yield of 2.4%. Archer Daniels Midland’s payout ratio is presently 56.99%.

About Archer Daniels Midland

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company. Founded in 1902, ADM connects farmers and agricultural markets with food, beverage, animal nutrition and industrial customers by sourcing, transporting, storing and processing crops and other agricultural commodities.

The company’s operations include the processing of oilseeds such as soybeans, canola and sunflower seeds into vegetable oils, protein meals and other ingredients. ADM also produces corn and wheat-based sweeteners, starches, flours, fibers and other carbohydrate products, along with plant-based proteins, flavors, emulsifiers and specialty ingredients used in food and beverage manufacturing.

ADM serves customers in markets around the world through its agricultural services, commodity merchandising, transportation, processing and storage networks.