TCM Advisors LLC Takes Position in Archer Daniels Midland Company $ADM

TCM Advisors LLC acquired a new position in shares of Archer Daniels Midland Company (NYSE:ADMFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 12,018 shares of the company’s stock, valued at approximately $918,000. Archer Daniels Midland makes up approximately 0.1% of TCM Advisors LLC’s portfolio, making the stock its 24th biggest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. Kelleher Financial Advisors acquired a new position in shares of Archer Daniels Midland in the 2nd quarter valued at $25,000. Motiv8 Investments LLC purchased a new position in Archer Daniels Midland in the 4th quarter worth about $26,000. Sankala Group LLC acquired a new stake in Archer Daniels Midland during the 4th quarter worth about $28,000. Nalls Sherbakoff Group LLC purchased a new stake in Archer Daniels Midland during the fourth quarter valued at about $29,000. Finally, Global Trust Asset Management LLC purchased a new stake in Archer Daniels Midland during the first quarter valued at about $29,000. 78.28% of the stock is owned by institutional investors and hedge funds.

Archer Daniels Midland Stock Down 0.2%

Shares of Archer Daniels Midland stock opened at $80.10 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. The firm has a market cap of $38.60 billion, a price-to-earnings ratio of 21.95 and a beta of 0.62. Archer Daniels Midland Company has a 52-week low of $55.58 and a 52-week high of $88.46. The stock has a 50-day simple moving average of $79.89 and a 200-day simple moving average of $75.38.

Archer Daniels Midland (NYSE:ADMGet Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.49 by $0.35. The company had revenue of $22.68 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, equities research analysts expect 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 declared 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 dividend payout ratio (DPR) is currently 56.99%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ADM. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. 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. UBS Group raised their target price on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Barclays upped their price target on Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 5th. Finally, Wall Street Zen downgraded Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a research note on Sunday. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Archer Daniels Midland has an average rating of “Hold” and an average price target of $79.67.

View Our Latest Stock Report on ADM

Archer Daniels Midland 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.

Featured Articles

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

Receive News & Ratings for Archer Daniels Midland Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archer Daniels Midland and related companies with MarketBeat.com's FREE daily email newsletter.