Archer Daniels Midland Company $ADM Stock: Yousif Capital Management LLC Cuts Position

Yousif Capital Management LLC lessened its stake in shares of Archer Daniels Midland Company (NYSE:ADM – Free Report) by 4.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 152,597 shares of the company’s stock after selling 7,113 shares during the period. Yousif Capital Management LLC’s holdings in Archer Daniels Midland were worth $12,113,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Compass Wealth Management LLC purchased a new stake in shares of Archer Daniels Midland in the third quarter worth $202,000. Royal Fund Management LLC increased its holdings in shares of Archer Daniels Midland by 1.2% during the third quarter. Royal Fund Management LLC now owns 40,371 shares of the company’s stock valued at $3,205,000 after acquiring an additional 498 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of Archer Daniels Midland during the third quarter valued at $165,000. E. Ohman J or Asset Management AB raised its position in shares of Archer Daniels Midland by 7.1% in the 3rd quarter. E. Ohman J or Asset Management AB now owns 19,540 shares of the company’s stock worth $1,551,000 after purchasing an additional 1,300 shares during the last quarter. Finally, Magnus Financial Group LLC purchased a new position in shares of Archer Daniels Midland in the 3rd quarter worth about $208,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ADM shares. Barclays upped their price target on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 5th. Weiss Ratings upgraded shares of Archer Daniels Midland from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Jefferies Financial Group raised their price objective on shares of Archer Daniels Midland from $88.00 to $89.00 in a research note on Monday, October 19th. Zacks Research cut shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Finally, Morgan Stanley upgraded shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $60.00 to $79.00 in a research note on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Archer Daniels Midland has a consensus rating of “Hold” and a consensus target price of $81.75.

Check Out Our Latest Research Report on Archer Daniels Midland

Archer Daniels Midland Stock Performance

ADM stock opened at $80.07 on Friday. The stock’s 50 day simple moving average is $82.34 and its 200 day simple moving average is $79.46. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27. Archer Daniels Midland Company has a 12-month low of $55.58 and a 12-month high of $88.75. The stock has a market capitalization of $38.59 billion, a PE ratio of 21.94, a price-to-earnings-growth ratio of 2.43 and a beta of 0.64.

Archer Daniels Midland (NYSE:ADM – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $22.75 billion. During the same quarter last year, the company earned $0.93 EPS. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, research analysts forecast that Archer Daniels Midland Company will post 5.50 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Archer Daniels Midland’s dividend payout ratio (DPR) is 56.99%.

Archer Daniels Midland Profile

(Free Report)

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company. Founded in 1902, ADM connects farmers and producers with markets worldwide by sourcing, transporting, storing and processing crops and other agricultural commodities.

The company processes oilseeds, corn, wheat and other crops into ingredients and products used in food and beverages, animal nutrition, renewable fuels and industrial applications. Its offerings include vegetable oils, protein meals, sweeteners, starches, flour, food ingredients, animal feed ingredients and biofuels, as well as specialty ingredients developed through its nutrition businesses.

ADM operates an integrated network of agricultural facilities, processing plants, transportation assets and commercial offices serving customers across North America, South America, Europe, Asia and other international markets.

See Also

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

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