Weiss Asset Management LP Takes $6.36 Million Position in Archer Daniels Midland Company $ADM

Weiss Asset Management LP bought a new stake in shares of Archer Daniels Midland Company (NYSE:ADM) in the 1st quarter, Holdings Channel.com reports. The firm bought 87,420 shares of the company’s stock, valued at approximately $6,355,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Toth Financial Advisory Corp purchased a new position in Archer Daniels Midland in the 4th quarter worth approximately $25,000. Motiv8 Investments LLC purchased a new stake in shares of Archer Daniels Midland during the fourth quarter valued at approximately $26,000. Sankala Group LLC bought a new position in shares of Archer Daniels Midland in the fourth quarter worth approximately $28,000. Nalls Sherbakoff Group LLC bought a new position in shares of Archer Daniels Midland in the fourth quarter worth approximately $29,000. Finally, Global Trust Asset Management LLC purchased a new position in shares of Archer Daniels Midland in the first quarter worth $29,000. 78.28% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ADM has been the subject of several analyst reports. JPMorgan Chase & Co. increased their price target on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. Zacks Research lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Morgan Stanley boosted their price target on Archer Daniels Midland from $58.00 to $60.00 and gave the company an “underweight” rating in a report on Monday, July 20th. Finally, Barclays upped their price target on Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Archer Daniels Midland currently has an average rating of “Reduce” and an average target price of $75.67.

Archer Daniels Midland Stock Down 0.4%

Shares of Archer Daniels Midland stock opened at $85.98 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28. Archer Daniels Midland Company has a 12-month low of $52.96 and a 12-month high of $88.46. The company has a market cap of $41.44 billion, a P/E ratio of 38.56 and a beta of 0.62. The company’s fifty day simple moving average is $79.85 and its two-hundred day simple moving average is $73.16.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $20.49 billion during the quarter, compared to the consensus estimate of $21.35 billion. During the same period in the prior year, the firm earned $0.70 earnings per share. Archer Daniels Midland’s 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. Research analysts anticipate that Archer Daniels Midland Company will post 4.76 EPS for the current year.

Archer Daniels Midland Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were paid a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio is presently 93.27%.

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.