20,453 Shares in Archer Daniels Midland Company $ADM Acquired by Foster & Motley Inc.

Foster & Motley Inc. acquired a new stake in shares of Archer Daniels Midland Company (NYSE:ADM) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 20,453 shares of the company’s stock, valued at approximately $1,563,000.

Other institutional investors have also made changes to their positions in the company. First National Bank of Omaha purchased a new position in shares of Archer Daniels Midland in the second quarter valued at $1,074,000. Meeder Advisory Services Inc. purchased a new stake in Archer Daniels Midland during the 2nd quarter worth $490,000. Meeder Asset Management Inc. acquired a new position in Archer Daniels Midland in the 2nd quarter worth $1,513,000. Tiemann Investment Advisors LLC acquired a new position in Archer Daniels Midland in the 2nd quarter worth $295,000. Finally, Citizens Financial Group Inc. RI purchased a new position in Archer Daniels Midland in the 2nd quarter valued at about $389,000. 78.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ADM has been the subject of several recent analyst reports. Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. increased their price target on Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Barclays lifted their price objective on Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 5th. Finally, Wall Street Zen upgraded Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $79.67.

Archer Daniels Midland Stock Performance

Shares of ADM stock opened at $80.80 on Thursday. 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 Company has a one year low of $55.58 and a one year high of $88.46. The company’s 50-day simple moving average is $79.84 and its 200-day simple moving average is $75.19. The stock has a market capitalization of $38.94 billion, a price-to-earnings ratio of 22.14 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data 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. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The firm had revenue of $22.68 billion during the quarter, compared to analyst estimates of $22.75 billion. During the same period in the previous year, the company earned $0.93 earnings per share. Archer Daniels Midland’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. Equities analysts anticipate that Archer Daniels Midland Company will post 5.46 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

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

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.