Martel Wealth Advisors LLC Sells 8,632 Shares of Archer Daniels Midland Company $ADM

Martel Wealth Advisors LLC lessened its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 21.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,884 shares of the company’s stock after selling 8,632 shares during the period. Archer Daniels Midland makes up 0.4% of Martel Wealth Advisors LLC’s holdings, making the stock its 21st biggest position. Martel Wealth Advisors LLC’s holdings in Archer Daniels Midland were worth $2,452,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Triumph Capital Management grew its position in Archer Daniels Midland by 62.2% during the 3rd quarter. Triumph Capital Management now owns 313 shares of the company’s stock worth $25,000 after purchasing an additional 120 shares during the period. QRG Capital Management Inc. raised its stake in shares of Archer Daniels Midland by 0.8% during the 1st quarter. QRG Capital Management Inc. now owns 20,648 shares of the company’s stock valued at $1,501,000 after buying an additional 164 shares during the last quarter. Midwest Trust Co lifted its holdings in shares of Archer Daniels Midland by 4.3% in the 1st quarter. Midwest Trust Co now owns 4,009 shares of the company’s stock valued at $291,000 after buying an additional 167 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in shares of Archer Daniels Midland by 1.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 16,622 shares of the company’s stock valued at $956,000 after buying an additional 174 shares during the period. Finally, KCM Investment Advisors LLC lifted its holdings in shares of Archer Daniels Midland by 3.4% in the 1st quarter. KCM Investment Advisors LLC now owns 5,680 shares of the company’s stock valued at $413,000 after buying an additional 185 shares during the period. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer Daniels Midland Stock Up 0.5%

ADM opened at $83.60 on Thursday. The company has a fifty day moving average of $82.13 and a two-hundred day moving average of $79.11. The stock has a market capitalization of $40.29 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 2.52 and a beta of 0.64. Archer Daniels Midland Company has a fifty-two week low of $55.58 and a fifty-two week high of $88.75. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39.

Archer Daniels Midland (NYSE:ADM) last posted its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.35. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The business had revenue of $22.68 billion for the quarter, compared to analyst estimates of $22.75 billion. During the same period in the prior year, the company posted $0.93 EPS. The company’s revenue for the quarter 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 expect that Archer Daniels Midland Company will post 5.50 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th were given a dividend of $0.52 per share. The ex-dividend date was Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. Archer Daniels Midland’s dividend payout ratio is currently 56.99%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ADM. JPMorgan Chase & Co. lowered their target price on Archer Daniels Midland from $77.00 to $75.00 and set an “underweight” rating on the stock in a research note on Monday. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $60.00 to $79.00 in a research report on Wednesday, August 5th. Zacks Research downgraded Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Wall Street Zen downgraded Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 10th. Finally, Barclays upped their price objective on Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Archer Daniels Midland presently has an average rating of “Hold” and an average price target of $79.83.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company that converts crops and other plant-based materials into food, feed, fuel and industrial ingredients. The company sources, transports, stores and processes commodities such as corn, soybeans, wheat and oilseeds through an extensive network of elevators, processing facilities and transportation assets.

ADM’s businesses include agricultural services and oilseeds, carbohydrate solutions, and nutrition.