Sequoia Financial Advisors LLC Raises Holdings in Archer Daniels Midland Company $ADM

Sequoia Financial Advisors LLC grew its holdings in Archer Daniels Midland Company (NYSE:ADM) by 33.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,407 shares of the company’s stock after purchasing an additional 7,129 shares during the period. Sequoia Financial Advisors LLC’s holdings in Archer Daniels Midland were worth $2,065,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Quadrant Capital Group LLC boosted its position in shares of Archer Daniels Midland by 0.6% during the fourth quarter. Quadrant Capital Group LLC now owns 23,166 shares of the company’s stock valued at $1,332,000 after buying an additional 146 shares during the last quarter. Atlantic Union Bankshares Corp raised its position in Archer Daniels Midland by 5.1% in the 4th quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company’s stock worth $180,000 after buying an additional 153 shares during the last quarter. Summit Financial LLC lifted its stake in Archer Daniels Midland by 0.9% during the 4th quarter. Summit Financial LLC now owns 16,947 shares of the company’s stock valued at $974,000 after acquiring an additional 153 shares during the period. Brookstone Capital Management boosted its holdings in shares of Archer Daniels Midland by 4.5% during the 4th quarter. Brookstone Capital Management now owns 3,555 shares of the company’s stock valued at $204,000 after acquiring an additional 154 shares during the last quarter. Finally, Checchi Capital Advisers LLC boosted its holdings in shares of Archer Daniels Midland by 2.6% during the 4th quarter. Checchi Capital Advisers LLC now owns 6,436 shares of the company’s stock valued at $370,000 after acquiring an additional 161 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ADM shares. Morgan Stanley boosted their price objective on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Wall Street Zen raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Barclays boosted their target price on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Zacks Research cut Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $75.33.

Archer Daniels Midland Stock Up 0.2%

NYSE ADM opened at $82.40 on Thursday. Archer Daniels Midland Company has a 52 week low of $52.23 and a 52 week high of $85.37. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $39.72 billion, a P/E ratio of 36.95 and a beta of 0.62. The stock’s 50-day moving average price is $79.05 and its 200-day moving average price is $71.90.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.05. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The company had revenue of $20.49 billion during the quarter, compared to analyst estimates of $21.35 billion. During the same period in the prior year, the firm posted $0.70 EPS. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, equities research analysts predict that Archer Daniels Midland Company will post 4.71 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were paid a $0.52 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.5%. Archer Daniels Midland’s dividend payout ratio is 93.27%.

Archer Daniels Midland Company 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.