Compound Planning Inc. Cuts Stock Position in Archer Daniels Midland Company $ADM

Compound Planning Inc. lessened its stake in Archer Daniels Midland Company (NYSE:ADM) by 12.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,925 shares of the company’s stock after selling 807 shares during the quarter. Compound Planning Inc.’s holdings in Archer Daniels Midland were worth $284,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wellington Management Group LLP increased its holdings in Archer Daniels Midland by 17.9% in the 1st quarter. Wellington Management Group LLP now owns 24,944,136 shares of the company’s stock worth $1,197,568,000 after acquiring an additional 3,791,597 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Archer Daniels Midland by 350.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 17,455,324 shares of the company’s stock worth $838,030,000 after acquiring an additional 13,579,379 shares in the last quarter. Northern Trust Corp increased its holdings in Archer Daniels Midland by 3.7% in the 1st quarter. Northern Trust Corp now owns 11,448,325 shares of the company’s stock worth $549,634,000 after acquiring an additional 413,314 shares in the last quarter. Invesco Ltd. increased its holdings in Archer Daniels Midland by 8.5% in the 1st quarter. Invesco Ltd. now owns 7,753,585 shares of the company’s stock worth $372,250,000 after acquiring an additional 607,767 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its holdings in Archer Daniels Midland by 20.9% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 4,212,681 shares of the company’s stock worth $212,825,000 after acquiring an additional 727,675 shares in the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Trading Down 0.2%

Shares of ADM opened at $62.71 on Thursday. The company has a current ratio of 1.42, a quick ratio of 0.90 and a debt-to-equity ratio of 0.34. Archer Daniels Midland Company has a 12-month low of $40.98 and a 12-month high of $64.38. The firm has a 50-day moving average price of $56.22 and a 200 day moving average price of $50.59. The firm has a market capitalization of $30.13 billion, a P/E ratio of 27.62, a P/E/G ratio of 3.35 and a beta of 0.68.

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

Archer Daniels Midland Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Wednesday, August 20th will be issued a $0.51 dividend. The ex-dividend date of this dividend is Wednesday, August 20th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.3%. Archer Daniels Midland’s dividend payout ratio is currently 89.87%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ADM. Barclays raised shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $50.00 to $61.00 in a report on Wednesday, August 6th. Bank of America lowered shares of Archer Daniels Midland from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $47.00 to $45.00 in a report on Thursday, May 8th. Morgan Stanley upped their target price on shares of Archer Daniels Midland from $47.00 to $57.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 12th. Wall Street Zen raised shares of Archer Daniels Midland from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Finally, UBS Group reaffirmed a “buy” rating and set a $70.00 target price (up previously from $60.00) on shares of Archer Daniels Midland in a report on Monday, August 11th. One equities research 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’s stock. Based on data from MarketBeat, Archer Daniels Midland presently has a consensus rating of “Hold” and an average target price 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.