Focused Alpha LLC Acquires New Position in Archer Daniels Midland Company $ADM

Focused Alpha LLC bought a new position in Archer Daniels Midland Company (NYSE:ADM) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 8,426 shares of the company’s stock, valued at approximately $644,000.

Several other institutional investors and hedge funds have also recently modified their holdings of ADM. Norges Bank bought a new position in shares of Archer Daniels Midland during the 4th quarter worth $402,743,000. Swedbank AB raised its holdings in shares of Archer Daniels Midland by 9.2% in the fourth quarter. Swedbank AB now owns 399,047 shares of the company’s stock valued at $22,941,000 after acquiring an additional 33,647 shares in the last quarter. Banque Cantonale Vaudoise raised its holdings in shares of Archer Daniels Midland by 56.4% in the fourth quarter. Banque Cantonale Vaudoise now owns 50,181 shares of the company’s stock valued at $2,886,000 after acquiring an additional 18,088 shares in the last quarter. Fisher Asset Management LLC lifted its stake in Archer Daniels Midland by 385.5% in the fourth quarter. Fisher Asset Management LLC now owns 17,098 shares of the company’s stock worth $983,000 after acquiring an additional 13,576 shares during the period. Finally, North Dakota State Investment Board bought a new position in Archer Daniels Midland during the 4th quarter worth about $1,634,000. Institutional investors own 78.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Morgan Stanley upgraded shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $60.00 to $79.00 in a report on Wednesday, August 5th. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. UBS Group lifted their price objective on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a report on Monday, June 15th. Wall Street Zen upgraded Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, JPMorgan Chase & Co. lifted 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. One 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 company’s stock. According to data from MarketBeat.com, Archer Daniels Midland presently has an average rating of “Hold” and a consensus price target of $79.67.

Archer Daniels Midland Stock Up 1.1%

Shares of Archer Daniels Midland stock opened at $81.32 on Tuesday. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.27. The company has a market cap of $39.19 billion, a P/E ratio of 22.28 and a beta of 0.62. The firm’s 50 day moving average price is $79.80 and its 200-day moving average price is $74.99. Archer Daniels Midland Company has a 52-week low of $55.58 and a 52-week high of $88.46.

Archer Daniels Midland (NYSE:ADM) last posted its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.35. The company had revenue of $22.68 billion during the quarter, compared to analysts’ expectations of $22.75 billion. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. Archer Daniels Midland’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, sell-side analysts predict that Archer Daniels Midland Company will post 5.46 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

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

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.