SG Americas Securities LLC Purchases 228,813 Shares of Archer Daniels Midland Company $ADM

SG Americas Securities LLC increased its position in Archer Daniels Midland Company (NYSE:ADM) by 324.0% in the 1st quarter, HoldingsChannel reports. The fund owned 299,426 shares of the company’s stock after purchasing an additional 228,813 shares during the period. SG Americas Securities LLC’s holdings in Archer Daniels Midland were worth $21,765,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the business. Woodline Partners LP increased its stake in shares of Archer Daniels Midland by 40.8% in the first quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock worth $1,941,000 after purchasing an additional 11,715 shares in the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Archer Daniels Midland by 5.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 83,983 shares of the company’s stock valued at $4,433,000 after buying an additional 4,224 shares in the last quarter. Sei Investments Co. lifted its stake in shares of Archer Daniels Midland by 40.0% during the 2nd quarter. Sei Investments Co. now owns 191,633 shares of the company’s stock valued at $10,116,000 after buying an additional 54,746 shares in the last quarter. Glenview Trust co bought a new position in Archer Daniels Midland in the 2nd quarter worth approximately $203,000. Finally, Treasurer of the State of North Carolina grew its stake in Archer Daniels Midland by 2.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 223,280 shares of the company’s stock valued at $11,785,000 after buying an additional 5,051 shares in the last quarter. 78.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ADM has been the topic of a number of analyst reports. 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 report on Wednesday, May 6th. Morgan Stanley lifted their price target on Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. Jefferies Financial Group boosted their price objective 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. Zacks Research cut Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday. Finally, UBS Group lifted their target price 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 equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $75.33.

Archer Daniels Midland Stock Down 1.2%

Shares of NYSE:ADM opened at $74.90 on Thursday. The firm has a fifty day moving average price of $76.83 and a two-hundred day moving average price of $69.77. The company has a market cap of $36.10 billion, a price-to-earnings ratio of 33.59 and a beta of 0.60. 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 one year low of $51.34 and a one year high of $85.37.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share 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 firm had revenue of $20.49 billion for the quarter, compared to analysts’ expectations of $21.35 billion. During the same quarter in the prior year, the firm posted $0.70 earnings per share. The business’s quarterly revenue was up 1.6% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Analysts anticipate that Archer Daniels Midland Company will post 4.43 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio 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.