Archer Daniels Midland Company $ADM Stake Lifted by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. increased its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 5.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,100 shares of the company’s stock after buying an additional 300 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in Archer Daniels Midland were worth $322,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Wellington Management Group LLP grew its stake in shares of Archer Daniels Midland by 17.9% in the first quarter. Wellington Management Group LLP now owns 24,944,136 shares of the company’s stock worth $1,197,568,000 after purchasing an additional 3,791,597 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Archer Daniels Midland by 350.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 17,455,324 shares of the company’s stock valued at $838,030,000 after buying an additional 13,579,379 shares during the period. Northern Trust Corp lifted its holdings in shares of Archer Daniels Midland by 3.7% in the first quarter. Northern Trust Corp now owns 11,448,325 shares of the company’s stock valued at $549,634,000 after buying an additional 413,314 shares during the period. Invesco Ltd. lifted its holdings in shares of Archer Daniels Midland by 8.5% in the first quarter. Invesco Ltd. now owns 7,753,585 shares of the company’s stock valued at $372,250,000 after buying an additional 607,767 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Archer Daniels Midland by 6.5% in the first quarter. Dimensional Fund Advisors LP now owns 3,015,752 shares of the company’s stock valued at $144,783,000 after buying an additional 184,852 shares during the period. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

ADM opened at $60.62 on Friday. Archer Daniels Midland Company has a 12-month low of $40.98 and a 12-month high of $64.38. The firm has a market capitalization of $29.13 billion, a P/E ratio of 26.70, a price-to-earnings-growth ratio of 3.23 and a beta of 0.69. The stock’s 50 day moving average price is $59.58 and its two-hundred day moving average price is $52.84. The company has a quick ratio of 0.90, a current ratio of 1.42 and a debt-to-equity ratio of 0.34.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.05. Archer Daniels Midland had a return on equity of 8.43% and a net margin of 1.33%.The company had revenue of $21.17 billion for the quarter, compared to analyst estimates of $21.56 billion. During the same quarter last year, the firm earned $1.03 EPS. Archer Daniels Midland’s revenue for the quarter was down 4.9% compared to the same quarter last year. Archer Daniels Midland has set its FY 2025 guidance at 4.000-4.000 EPS. On average, equities analysts forecast that Archer Daniels Midland Company will post 4.31 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Wednesday, August 20th were paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Wednesday, August 20th. Archer Daniels Midland’s dividend payout ratio is 89.87%.

Analyst Ratings Changes

ADM has been the subject of several analyst reports. Morgan Stanley upped their target price on Archer Daniels Midland from $47.00 to $57.00 and gave the company an “equal weight” rating in a report on Tuesday, August 12th. Barclays raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $50.00 to $61.00 in a research note on Wednesday, August 6th. Wall Street Zen raised Archer Daniels Midland from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. JPMorgan Chase & Co. began coverage on Archer Daniels Midland in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $61.00 price objective for the company. Finally, UBS Group reissued a “buy” rating and issued a $70.00 price objective (up from $60.00) on shares of Archer Daniels Midland in a research note on Monday, August 11th. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $55.50.

Archer Daniels Midland Company Profile

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.