Royal London Asset Management Ltd. Cuts Stock Position in Archer Daniels Midland Company $ADM

Royal London Asset Management Ltd. trimmed its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 3.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 213,881 shares of the company’s stock after selling 8,223 shares during the period. Royal London Asset Management Ltd.’s holdings in Archer Daniels Midland were worth $16,341,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Kelleher Financial Advisors acquired a new position in shares of Archer Daniels Midland during the second quarter valued at approximately $25,000. Orion Capital Management LLC purchased a new stake in shares of Archer Daniels Midland during the second quarter worth approximately $27,000. Global Trust Asset Management LLC acquired a new position in Archer Daniels Midland in the 1st quarter valued at $29,000. OP Asset Management Ltd acquired a new stake in Archer Daniels Midland during the 1st quarter worth $30,000. Finally, Motiv8 Investments LLC purchased a new stake in shares of Archer Daniels Midland during the fourth quarter worth $26,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Price Performance

ADM stock opened at $81.43 on Monday. The business’s fifty day moving average price is $80.18 and its 200 day moving average price is $75.83. Archer Daniels Midland Company has a 12-month low of $55.58 and a 12-month high of $88.46. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $39.25 billion, a PE ratio of 22.31 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM) last released 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. The company had revenue of $22.68 billion during the quarter, compared to the consensus estimate of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.Archer Daniels Midland’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, sell-side analysts anticipate that Archer Daniels Midland Company will post 5.46 EPS for the current 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 dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, August 19th. Archer Daniels Midland’s payout ratio is presently 56.99%.

Analysts Set New Price Targets

ADM has been the subject of a number of recent research reports. Weiss Ratings upgraded shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Morgan Stanley raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $60.00 to $79.00 in a research note on Wednesday, August 5th. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Wall Street Zen raised shares of Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research 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 research report on Monday, June 15th. One investment 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 issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $79.67.

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.