62,808 Shares in Archer Daniels Midland Company $ADM Acquired by Kinloch Capital LLC

Kinloch Capital LLC acquired a new stake in Archer Daniels Midland Company (NYSE:ADMFree Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 62,808 shares of the company’s stock, valued at approximately $4,799,000. Archer Daniels Midland comprises about 1.8% of Kinloch Capital LLC’s portfolio, making the stock its 24th biggest position.

Other institutional investors have also recently bought and sold shares 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 bought a new stake in Archer Daniels Midland in the fourth quarter valued at about $26,000. Sankala Group LLC bought a new stake in Archer Daniels Midland in the fourth quarter valued at about $28,000. Nalls Sherbakoff Group LLC acquired a new position in Archer Daniels Midland in the fourth quarter valued at about $29,000. Finally, Global Trust Asset Management LLC acquired a new position in Archer Daniels Midland in the first quarter valued at about $29,000. Institutional investors and hedge funds own 78.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $60.00 to $79.00 in a research report on Wednesday, August 5th. UBS Group increased their price target on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, June 15th. JPMorgan Chase & Co. lifted their price objective on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Barclays boosted their price objective on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings upgraded shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. One 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 assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $79.67.

Get Our Latest Report on Archer Daniels Midland

Archer Daniels Midland Stock Down 2.7%

NYSE:ADM opened at $78.13 on Tuesday. Archer Daniels Midland Company has a 1 year low of $55.58 and a 1 year high of $88.46. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27. The stock has a market cap of $37.65 billion, a price-to-earnings ratio of 21.40 and a beta of 0.62. The stock has a 50-day moving average price of $79.87 and a two-hundred day moving average price of $75.46.

Archer Daniels Midland (NYSE:ADMGet Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.35. The company had revenue of $22.68 billion during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, equities analysts expect that Archer Daniels Midland Company will post 5.46 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 2.7%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is 56.99%.

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.

See Also

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

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