Western Wealth Management LLC Has $1.16 Million Stock Holdings in Archer Daniels Midland Company $ADM

Western Wealth Management LLC grew its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 192.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,914 shares of the company’s stock after buying an additional 10,469 shares during the quarter. Western Wealth Management LLC’s holdings in Archer Daniels Midland were worth $1,157,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Motiv8 Investments LLC acquired a new position in Archer Daniels Midland during the 4th quarter valued at about $26,000. Sankala Group LLC purchased a new stake in shares of Archer Daniels Midland in the fourth quarter worth approximately $28,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Archer Daniels Midland during the fourth quarter valued at approximately $29,000. Global Trust Asset Management LLC bought a new stake in Archer Daniels Midland during the first quarter worth $29,000. Finally, OP Asset Management Ltd bought a new stake in Archer Daniels Midland during the first quarter worth $30,000. 78.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ADM shares. UBS Group raised their price objective on Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 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. JPMorgan Chase & Co. boosted their price target 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. Finally, Morgan Stanley raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $60.00 to $79.00 in a research report on Wednesday, August 5th. 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 given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $79.67.

Archer Daniels Midland Price Performance

NYSE:ADM opened at $79.90 on Thursday. Archer Daniels Midland Company has a 52-week low of $55.58 and a 52-week high of $88.46. The stock has a fifty day moving average of $79.86 and a 200 day moving average of $74.72. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39. The firm has a market capitalization of $38.51 billion, a price-to-earnings ratio of 21.89 and a beta of 0.62.

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, topping analysts’ consensus estimates of $1.49 by $0.35. The business had revenue of $22.68 billion for the quarter, compared to analyst estimates of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, research analysts expect that Archer Daniels Midland Company will post 5.46 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be given 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 payout ratio is presently 56.99%.

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.