First National Bank of Omaha Makes New Investment in Archer Daniels Midland Company $ADM

First National Bank of Omaha bought a new stake in shares of Archer Daniels Midland Company (NYSE:ADMFree Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 13,976 shares of the company’s stock, valued at approximately $1,074,000.

Several other hedge funds have also made changes to their positions in the company. Kelleher Financial Advisors bought a new position in shares of Archer Daniels Midland during the 2nd quarter worth $25,000. Motiv8 Investments LLC bought a new stake in shares of Archer Daniels Midland in the fourth quarter valued at about $26,000. Sankala Group LLC purchased a new stake in Archer Daniels Midland in the fourth quarter worth about $28,000. Nalls Sherbakoff Group LLC purchased a new stake in Archer Daniels Midland in the fourth quarter worth about $29,000. Finally, Global Trust Asset Management LLC bought a new position in Archer Daniels Midland during the 1st quarter worth about $29,000. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Archer Daniels Midland Trading Down 2.0%

Shares of NYSE:ADM opened at $80.80 on Thursday. The business’s 50-day moving average is $79.84 and its 200 day moving average is $75.19. Archer Daniels Midland Company has a 1 year low of $55.58 and a 1 year high of $88.46. The firm has a market capitalization of $38.94 billion, a P/E ratio of 22.14 and a beta of 0.62. 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:ADMGet Free Report) last issued 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 the consensus estimate of $22.75 billion. During the same quarter last year, the company earned $0.93 earnings per share. The company’s quarterly 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 predict that Archer Daniels Midland Company will post 5.46 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be paid a $0.52 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a yield of 2.6%. Archer Daniels Midland’s dividend payout ratio (DPR) is 56.99%.

Analysts Set New Price Targets

ADM has been the topic of a number of research reports. Wall Street Zen raised shares of Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. UBS Group increased their price objective on shares of 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 raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $60.00 to $79.00 in a report on Wednesday, August 5th. Finally, Barclays increased their target price on 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. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $79.67.

Get Our Latest Stock Analysis on Archer Daniels Midland

Archer Daniels Midland Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

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