Commerzbank Aktiengesellschaft FI Has $1.49 Million Stock Position in Archer Daniels Midland Company $ADM

Commerzbank Aktiengesellschaft FI reduced its holdings in Archer Daniels Midland Company (NYSE:ADMFree Report) by 36.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,501 shares of the company’s stock after selling 11,848 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Archer Daniels Midland were worth $1,490,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in ADM. Commonwealth Financial Services LLC bought a new position in shares of Archer Daniels Midland during the 1st quarter worth approximately $236,000. Hollencrest Capital Management increased its stake in shares of Archer Daniels Midland by 1,639.3% in the 1st quarter. Hollencrest Capital Management now owns 1,061 shares of the company’s stock valued at $77,000 after acquiring an additional 1,000 shares in the last quarter. Meeder Asset Management Inc. increased its stake in shares of Archer Daniels Midland by 578.6% in the 1st quarter. Meeder Asset Management Inc. now owns 570 shares of the company’s stock valued at $41,000 after acquiring an additional 486 shares in the last quarter. Meeder Advisory Services Inc. lifted its position in shares of Archer Daniels Midland by 10.4% during the 1st quarter. Meeder Advisory Services Inc. now owns 6,755 shares of the company’s stock valued at $491,000 after acquiring an additional 635 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Archer Daniels Midland by 4.5% during the first quarter. Dimensional Fund Advisors LP now owns 3,806,192 shares of the company’s stock worth $276,647,000 after acquiring an additional 163,749 shares in the last quarter. 78.28% of the stock is owned by institutional investors and hedge funds.

Archer Daniels Midland Stock Performance

Shares of ADM stock opened at $86.09 on Wednesday. The firm has a market capitalization of $41.49 billion, a PE ratio of 38.61 and a beta of 0.62. The firm has a fifty day simple moving average of $79.55 and a two-hundred day simple moving average of $72.66. 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 $87.33.

Archer Daniels Midland (NYSE:ADMGet Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The firm had revenue of $20.49 billion for the quarter, compared to analyst estimates of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period last year, the firm earned $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Analysts forecast that Archer Daniels Midland Company will post 4.71 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have commented on ADM. Morgan Stanley raised their price target on shares of Archer Daniels Midland from $58.00 to $60.00 and gave the stock an “underweight” rating in a report on Monday. JPMorgan Chase & Co. increased their price objective on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Barclays boosted their target price 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. Finally, Zacks Research downgraded Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. One analyst has rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $75.67.

Read Our Latest Research Report on Archer Daniels Midland

Archer Daniels Midland Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

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