Commerzbank Aktiengesellschaft FI Buys New Shares in Archer Daniels Midland Company $ADM

Commerzbank Aktiengesellschaft FI purchased a new stake in Archer Daniels Midland Company (NYSE:ADM) in the second quarter, HoldingsChannel reports. The fund purchased 18,864 shares of the company’s stock, valued at approximately $1,441,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ADM. Kelleher Financial Advisors acquired a new position in shares of Archer Daniels Midland during the second quarter valued at about $25,000. Global Trust Asset Management LLC acquired a new stake in Archer Daniels Midland during the first quarter worth about $29,000. OP Asset Management Ltd bought a new position in Archer Daniels Midland during the first quarter valued at about $30,000. Motiv8 Investments LLC acquired a new position in Archer Daniels Midland in the 4th quarter valued at approximately $26,000. Finally, Sankala Group LLC acquired a new position in Archer Daniels Midland in the 4th quarter valued at approximately $28,000. Institutional investors own 78.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on ADM shares. 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. Wall Street Zen raised Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research report on Saturday. 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 boosted their price target 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. Finally, JPMorgan Chase & Co. increased their price objective 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. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Archer Daniels Midland has an average rating of “Hold” and an average price target of $79.67.

Archer Daniels Midland Trading Up 1.5%

Shares of ADM opened at $82.54 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 stock has a market cap of $39.78 billion, a PE ratio of 22.61 and a beta of 0.62. Archer Daniels Midland Company has a 1 year low of $55.58 and a 1 year high of $88.46. The stock has a 50 day simple moving average of $79.85 and a 200-day simple moving average of $75.10.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS 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 business had revenue of $22.68 billion for the quarter, compared to analyst estimates of $22.75 billion. During the same quarter in the previous year, the firm earned $0.93 EPS. 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. 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 company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s 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.