Pacer Advisors Inc. Reduces Position in Archer Daniels Midland Company $ADM

Pacer Advisors Inc. reduced its stake in Archer Daniels Midland Company (NYSE:ADM) by 16.0% during the 1st quarter, Holdings Channel reports. The fund owned 3,853,248 shares of the company’s stock after selling 732,068 shares during the period. Pacer Advisors Inc.’s holdings in Archer Daniels Midland were worth $280,093,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Toth Financial Advisory Corp purchased a new position in Archer Daniels Midland in the 4th quarter valued at about $25,000. Motiv8 Investments LLC purchased a new position in shares of Archer Daniels Midland during the fourth quarter valued at approximately $26,000. Sankala Group LLC acquired a new stake in Archer Daniels Midland during the fourth quarter worth approximately $28,000. Nalls Sherbakoff Group LLC purchased a new stake in Archer Daniels Midland in the 4th quarter worth approximately $29,000. Finally, Global Trust Asset Management LLC purchased a new stake in Archer Daniels Midland in the 1st quarter worth approximately $29,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Wall Street Zen upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Jefferies Financial Group upped their target price on Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research note on Monday, April 6th. UBS Group raised their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Barclays lifted their price target on Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $75.67.

Archer Daniels Midland Price Performance

Shares of NYSE ADM opened at $79.27 on Monday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.31 and a quick ratio of 0.80. Archer Daniels Midland Company has a 1-year low of $52.96 and a 1-year high of $88.46. The company has a market capitalization of $38.20 billion, a price-to-earnings ratio of 35.54 and a beta of 0.62. The business has a 50-day moving average of $80.14 and a 200-day moving average of $73.98.

Archer Daniels Midland (NYSE:ADM) last announced its earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.66 by $0.05. The business had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The company’s revenue was up 1.6% on a year-over-year basis. During the same period last year, the business posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, equities analysts anticipate that Archer Daniels Midland Company will post 4.76 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

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 dividend of $0.52 per share. The ex-dividend date was Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 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.