Orca Investment Management LLC Takes $2.73 Million Position in Archer Daniels Midland Company $ADM

Orca Investment Management LLC acquired a new position in Archer Daniels Midland Company (NYSE:ADM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,708 shares of the company’s stock, valued at approximately $2,728,000. Archer Daniels Midland accounts for approximately 2.0% of Orca Investment Management LLC’s investment portfolio, making the stock its 16th biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of Archer Daniels Midland during the 4th quarter worth about $402,743,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Archer Daniels Midland by 3,379.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,761,397 shares of the company’s stock worth $316,525,000 after acquiring an additional 5,595,801 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of Archer Daniels Midland by 831.3% in the fourth quarter. Victory Capital Management Inc. now owns 5,592,030 shares of the company’s stock valued at $321,486,000 after acquiring an additional 4,991,550 shares in the last quarter. Dodge & Cox increased its stake in shares of Archer Daniels Midland by 13.4% during the fourth quarter. Dodge & Cox now owns 17,084,645 shares of the company’s stock valued at $982,196,000 after acquiring an additional 2,016,101 shares during the period. Finally, Jacobs Levy Equity Management Inc. increased its stake in shares of Archer Daniels Midland by 176.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,967,471 shares of the company’s stock valued at $117,537,000 after acquiring an additional 1,256,596 shares during the period. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Price Performance

Shares of NYSE:ADM opened at $80.44 on Friday. Archer Daniels Midland Company has a one year low of $55.58 and a one year high of $88.46. The stock has a fifty day moving average of $79.78 and a 200-day moving average of $74.84. The company has a market capitalization of $38.77 billion, a PE ratio of 22.04 and a beta of 0.62. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39.

Archer Daniels Midland (NYSE:ADM) last issued its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.35. The business had revenue of $22.68 billion for the quarter, compared to analysts’ expectations of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, equities analysts anticipate that Archer Daniels Midland Company will post 5.46 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be given a $0.52 dividend. The ex-dividend date 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 56.99%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Wall Street Zen upgraded Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research report on Saturday. JPMorgan Chase & Co. boosted their price objective on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Weiss Ratings raised Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. Finally, Morgan Stanley raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $60.00 to $79.00 in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Archer Daniels Midland has an average rating of “Hold” and a consensus target price of $79.67.

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.