11,878 Shares in Archer Daniels Midland Company $ADM Purchased by Western Wealth Management LLC

Western Wealth Management LLC purchased a new stake in shares of Archer Daniels Midland Company (NYSE:ADM) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 11,878 shares of the company’s stock, valued at approximately $907,000.

Other institutional investors have also added to or reduced their stakes in the company. Kelleher Financial Advisors bought a new position in shares of Archer Daniels Midland during the second quarter valued at approximately $25,000. Motiv8 Investments LLC bought a new stake in shares of Archer Daniels Midland during the 4th quarter worth approximately $26,000. Sankala Group LLC purchased a new position in Archer Daniels Midland during the 4th quarter valued at $28,000. Nalls Sherbakoff Group LLC bought a new position in Archer Daniels Midland in the 4th quarter valued at $29,000. Finally, Global Trust Asset Management LLC purchased a new stake in Archer Daniels Midland in the first quarter worth $29,000. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Trading Up 1.2%

ADM opened at $79.10 on Wednesday. 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 firm has a market cap of $38.12 billion, a price-to-earnings ratio of 21.67 and a beta of 0.62. Archer Daniels Midland Company has a 12 month low of $55.58 and a 12 month high of $88.46. The stock has a fifty day moving average price of $79.90 and a 200-day moving average price of $75.54.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.35. The company had revenue of $22.68 billion for 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%.The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, equities research analysts anticipate that Archer Daniels Midland Company will post 5.46 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

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

Analyst Upgrades and Downgrades

ADM has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Barclays lifted their price objective on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a report on Wednesday, August 5th. 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. Wall Street Zen lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a report on Sunday. Finally, Morgan Stanley raised shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $60.00 to $79.00 in a research report on Wednesday, August 5th. One equities research 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. Based on data from MarketBeat, Archer Daniels Midland has an average rating of “Hold” and a consensus price target of $79.67.

Archer Daniels Midland Company 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.