Sage Capital Advisors llc Reduces Holdings in Archer Daniels Midland Company $ADM

Sage Capital Advisors llc reduced its stake in Archer Daniels Midland Company (NYSE:ADM – Free Report) by 50.7% during the 2nd quarter, Holdings Channel reports. The fund owned 56,415 shares of the company’s stock after selling 57,921 shares during the period. Sage Capital Advisors llc’s holdings in Archer Daniels Midland were worth $4,310,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Motiv8 Investments LLC acquired a new stake in Archer Daniels Midland during the fourth quarter worth approximately $26,000. Sankala Group LLC purchased a new position in shares of Archer Daniels Midland during the 4th quarter worth $28,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Archer Daniels Midland during the fourth quarter worth $29,000. Global Trust Asset Management LLC purchased a new stake in shares of Archer Daniels Midland in the first quarter valued at $29,000. Finally, Caitong International Asset Management Co. Ltd increased its stake in 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 valued at $30,000 after purchasing an additional 386 shares during the last quarter. Institutional investors and hedge funds own 78.28% of the company’s stock.

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Archer Daniels Midland Trading Up 4.9%

Archer Daniels Midland stock opened at $80.34 on Tuesday. The company has a market cap of $38.72 billion, a P/E ratio of 22.01 and a beta of 0.62. The firm’s 50-day moving average is $79.98 and its 200-day moving average is $74.54. Archer Daniels Midland Company has a 1 year low of $55.58 and a 1 year high of $88.46. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39.

Archer Daniels Midland (NYSE:ADM – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.35. The firm had revenue of $22.68 billion for the quarter, compared to the consensus estimate of $22.75 billion. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. Archer Daniels Midland’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the firm posted $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, equities analysts expect that Archer Daniels Midland Company will post 5.46 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on ADM. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $60.00 to $79.00 in a research report on Wednesday, August 5th. Wall Street Zen raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Barclays increased their price objective on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 5th. UBS Group upped their price objective on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $79.67.

Get Our Latest Analysis 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.

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