Banque Cantonale Vaudoise Trims Stock Holdings in Archer Daniels Midland Company $ADM

Banque Cantonale Vaudoise reduced its position in Archer Daniels Midland Company (NYSE:ADM) by 32.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 34,054 shares of the company’s stock after selling 16,127 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Archer Daniels Midland were worth $2,475,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the business. Toth Financial Advisory Corp acquired a new position in shares of Archer Daniels Midland in the fourth quarter valued at approximately $25,000. Motiv8 Investments LLC acquired a new stake in shares of Archer Daniels Midland during the fourth quarter worth $26,000. Sankala Group LLC purchased a new position in Archer Daniels Midland in the 4th quarter valued at $28,000. Nalls Sherbakoff Group LLC acquired a new position in Archer Daniels Midland in the 4th quarter valued at $29,000. Finally, Caitong International Asset Management Co. Ltd raised its position in Archer Daniels Midland by 313.8% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after buying an additional 386 shares during the last quarter. 78.28% of the stock is owned by institutional investors and hedge funds.

Archer Daniels Midland Stock Performance

NYSE ADM opened at $76.49 on Friday. The business has a 50 day moving average price of $76.98 and a 200 day moving average price of $69.90. The company has a market capitalization of $36.87 billion, a P/E ratio of 34.30 and a beta of 0.60. Archer Daniels Midland Company has a 1-year low of $51.34 and a 1-year high of $85.37. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.31 and a quick ratio of 0.80.

Archer Daniels Midland (NYSE:ADM) last posted its earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. The company had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.Archer Daniels Midland’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Sell-side analysts expect that Archer Daniels Midland Company will post 4.43 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a $0.52 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $2.08 annualized dividend and a dividend yield of 2.7%. Archer Daniels Midland’s payout ratio is currently 93.27%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on ADM shares. Morgan Stanley raised their target price on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Jefferies Financial Group increased their price target on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a report on Monday, April 6th. JPMorgan Chase & Co. raised 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 report on Wednesday, May 6th. Barclays lifted their price objective on Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Finally, Zacks Research cut Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $75.33.

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.