MASTERINVEST Kapitalanlage GmbH Acquires New Position in Archer Daniels Midland Company $ADM

MASTERINVEST Kapitalanlage GmbH acquired a new position in shares of Archer Daniels Midland Company (NYSE:ADM) during the 2nd quarter, Holdings Channel reports. The fund acquired 13,559 shares of the company’s stock, valued at approximately $1,036,000.

Several other large investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Archer Daniels Midland during the 4th quarter worth approximately $402,743,000. Swedbank AB grew its holdings in Archer Daniels Midland by 9.2% during the 4th quarter. Swedbank AB now owns 399,047 shares of the company’s stock worth $22,941,000 after acquiring an additional 33,647 shares during the period. Banque Cantonale Vaudoise raised its position in shares of Archer Daniels Midland by 56.4% during the 4th quarter. Banque Cantonale Vaudoise now owns 50,181 shares of the company’s stock valued at $2,886,000 after acquiring an additional 18,088 shares during the last quarter. Fisher Asset Management LLC lifted its stake in shares of Archer Daniels Midland by 385.5% in the 4th quarter. Fisher Asset Management LLC now owns 17,098 shares of the company’s stock valued at $983,000 after purchasing an additional 13,576 shares during the period. Finally, North Dakota State Investment Board acquired a new stake in shares of Archer Daniels Midland during the fourth quarter worth $1,634,000. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Archer Daniels Midland Trading Up 2.9%

ADM stock opened at $81.43 on Friday. Archer Daniels Midland Company has a one year low of $55.58 and a one year high of $88.46. The stock has a market cap of $39.25 billion, a price-to-earnings ratio of 22.31 and a beta of 0.62. The company has a fifty day moving average price of $80.18 and a two-hundred day moving average price of $75.77. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86.

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, 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 during the quarter, compared to analysts’ expectations of $22.75 billion. During the same period last year, the firm posted $0.93 EPS. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Equities analysts anticipate 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 will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be paid a dividend of $0.52 per share. The ex-dividend date is Wednesday, August 19th. This represents a $2.08 annualized dividend and a yield of 2.6%. Archer Daniels Midland’s dividend payout ratio is presently 56.99%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ADM. Barclays increased their price target on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 5th. Weiss Ratings raised shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. increased their target price on shares of 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 boosted their price target on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a report on Monday, June 15th. Finally, Wall Street Zen lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 23rd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $79.67.

About Archer Daniels Midland

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.