Hsbc Holdings PLC Has $46.33 Million Stake in Archer Daniels Midland Company $ADM

Hsbc Holdings PLC reduced its holdings in Archer Daniels Midland Company (NYSE:ADMFree Report) by 1.1% during the 4th quarter, Holdings Channel reports. The fund owned 805,276 shares of the company’s stock after selling 9,092 shares during the quarter. Hsbc Holdings PLC’s holdings in Archer Daniels Midland were worth $46,331,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ADM. Toth Financial Advisory Corp acquired a new position in Archer Daniels Midland in the fourth quarter worth $25,000. Motiv8 Investments LLC acquired a new position in Archer Daniels Midland during the 4th quarter worth about $26,000. Sankala Group LLC bought a new stake in Archer Daniels Midland during the 4th quarter worth about $28,000. Nalls Sherbakoff Group LLC acquired a new stake in Archer Daniels Midland in the 4th quarter valued at about $29,000. Finally, Caitong International Asset Management Co. Ltd raised its stake in shares of Archer Daniels Midland by 313.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after acquiring 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 Down 0.0%

NYSE:ADM opened at $76.77 on Monday. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. Archer Daniels Midland Company has a 12-month low of $52.23 and a 12-month high of $85.37. The stock’s fifty day simple moving average is $77.98 and its 200-day simple moving average is $70.64. The firm has a market capitalization of $37.00 billion, a P/E ratio of 34.43 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADMGet Free Report) last released its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.05. The firm had revenue of $20.49 billion for the quarter, compared to analyst estimates of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The company’s quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Equities research analysts expect that Archer Daniels Midland Company will post 4.47 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

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

Analysts Set New Price Targets

Several analysts have recently commented on ADM shares. Zacks Research cut shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Jefferies Financial Group upped their price objective on Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a report on Monday, April 6th. Barclays increased their price objective on Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Monday, April 20th. Finally, Morgan Stanley upped their price target on Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Archer Daniels Midland presently has an average rating of “Reduce” and a consensus target price of $75.33.

Get Our Latest Research Report on ADM

Archer Daniels Midland Company 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

Want to see what other hedge funds are holding ADM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Archer Daniels Midland Company (NYSE:ADMFree Report).

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

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