Van Hulzen Asset Management LLC bought a new stake in Archer Daniels Midland Company (NYSE:ADM – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 458,267 shares of the company’s stock, valued at approximately $35,012,000. Archer Daniels Midland comprises about 2.5% of Van Hulzen Asset Management LLC’s investment portfolio, making the stock its 6th largest position.
Other large investors also recently added to or reduced their stakes in the company. Kelleher Financial Advisors purchased a new position in shares of Archer Daniels Midland during the second 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 acquired a new position in Archer Daniels Midland during the 4th quarter worth about $28,000. Nalls Sherbakoff Group LLC purchased a new position in Archer Daniels Midland during the 4th quarter valued at about $29,000. Finally, Global Trust Asset Management LLC acquired a new position in Archer Daniels Midland in the 1st quarter valued at about $29,000. 78.28% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on ADM shares. Barclays boosted their price target on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 5th. Morgan Stanley upgraded shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $60.00 to $79.00 in a report on Wednesday, August 5th. JPMorgan Chase & Co. upped their target price 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. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Finally, UBS Group boosted their price target on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Archer Daniels Midland currently has a consensus rating of “Hold” and an average target price of $79.67.
Archer Daniels Midland Stock Down 2.7%
Shares of Archer Daniels Midland stock opened at $78.13 on Tuesday. Archer Daniels Midland Company has a 52-week low of $55.58 and a 52-week high of $88.46. The company has a 50 day moving average of $79.87 and a 200 day moving average of $75.46. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $37.65 billion, a P/E ratio of 21.40 and a beta of 0.62.
Archer Daniels Midland (NYSE:ADM – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.35. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The company had revenue of $22.68 billion for the quarter, compared to the consensus estimate of $22.75 billion. During the same period in the prior year, the firm posted $0.93 EPS. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, research analysts forecast that Archer Daniels Midland Company will post 5.46 EPS for the current fiscal year.
Archer Daniels Midland Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be paid a dividend of $0.52 per share. The ex-dividend date is Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.7%. Archer Daniels Midland’s payout ratio is presently 56.99%.
Archer Daniels Midland 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.
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