6,410 Shares in Archer Daniels Midland Company $ADM Acquired by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. purchased a new position in shares of Archer Daniels Midland Company (NYSE:ADM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,410 shares of the company’s stock, valued at approximately $490,000.

A number of other large investors also recently bought and sold shares of ADM. Kelleher Financial Advisors purchased a new stake in shares of Archer Daniels Midland during the 2nd quarter valued at $25,000. Motiv8 Investments LLC purchased a new position in shares of Archer Daniels Midland in the 4th quarter worth $26,000. Sankala Group LLC acquired a new position in Archer Daniels Midland in the fourth quarter valued at $28,000. Nalls Sherbakoff Group LLC purchased a new stake in Archer Daniels Midland during the fourth quarter valued at about $29,000. Finally, Global Trust Asset Management LLC purchased a new stake in Archer Daniels Midland during the first quarter valued at about $29,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on ADM shares. JPMorgan Chase & Co. raised 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. UBS Group increased their target price on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Wall Street Zen upgraded shares of Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. Finally, Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $79.67.

Archer Daniels Midland Stock Performance

Archer Daniels Midland stock opened at $81.82 on Friday. Archer Daniels Midland Company has a 12-month low of $55.58 and a 12-month high of $88.46. 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 company has a market capitalization of $39.43 billion, a price-to-earnings ratio of 22.42 and a beta of 0.62. The firm’s fifty day moving average price is $79.89 and its 200 day moving average price is $75.30.

Archer Daniels Midland (NYSE:ADM) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share 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 company had revenue of $22.68 billion during the quarter, compared to the consensus estimate of $22.75 billion. During the same period last year, the firm earned $0.93 earnings per share. The company’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. On average, research analysts forecast that Archer Daniels Midland Company will post 5.46 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is 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.