United Capital Financial Advisors LLC Invests $1.28 Million in Archer Daniels Midland Company $ADM

United Capital Financial Advisors LLC acquired a new stake in shares of Archer Daniels Midland Company (NYSE:ADMFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 16,757 shares of the company’s stock, valued at approximately $1,280,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ADM. Woodline Partners LP boosted its holdings in shares of Archer Daniels Midland by 40.8% during the 1st quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock worth $1,941,000 after buying an additional 11,715 shares during the period. Daiwa Securities Group Inc. lifted its position in Archer Daniels Midland by 5.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 83,983 shares of the company’s stock worth $4,433,000 after acquiring an additional 4,224 shares during the last quarter. Sei Investments Co. boosted its holdings in Archer Daniels Midland by 40.0% during the second quarter. Sei Investments Co. now owns 191,633 shares of the company’s stock valued at $10,116,000 after acquiring an additional 54,746 shares during the period. Glenview Trust co acquired a new stake in shares of Archer Daniels Midland in the second quarter valued at about $203,000. Finally, Treasurer of the State of North Carolina increased its stake in shares of Archer Daniels Midland by 2.3% in the second quarter. Treasurer of the State of North Carolina now owns 223,280 shares of the company’s stock worth $11,785,000 after purchasing an additional 5,051 shares during the period. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer Daniels Midland Price Performance

NYSE:ADM opened at $81.43 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39. The company has a 50-day moving average of $80.18 and a 200-day moving average of $75.77. Archer Daniels Midland Company has a 52 week low of $55.58 and a 52 week high of $88.46. The company has a market capitalization of $39.25 billion, a price-to-earnings ratio of 22.31 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADMGet Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share 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 business had revenue of $22.68 billion for the quarter, compared to analysts’ expectations of $22.75 billion. During the same quarter in the previous year, the firm posted $0.93 earnings per share. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, equities research analysts anticipate that Archer Daniels Midland Company will post 5.46 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio is currently 56.99%.

Wall Street Analysts Forecast Growth

ADM has been the topic of several recent analyst reports. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Wall Street Zen lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 23rd. UBS Group upped their target price on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, June 15th. JPMorgan Chase & Co. increased their price target on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Finally, Morgan Stanley upgraded shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $60.00 to $79.00 in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $79.67.

Check Out Our Latest Research Report on ADM

About Archer Daniels Midland

(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

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

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