Madison Asset Management LLC Makes New $13.03 Million Investment in Archer Daniels Midland Company $ADM

Madison Asset Management LLC bought a new stake in Archer Daniels Midland Company (NYSE:ADM) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 170,500 shares of the company’s stock, valued at approximately $13,026,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Kelleher Financial Advisors acquired a new stake in shares of Archer Daniels Midland in the second quarter valued at approximately $25,000. Motiv8 Investments LLC acquired a new position in shares of Archer Daniels Midland during the 4th quarter worth approximately $26,000. Sankala Group LLC acquired a new position in shares of Archer Daniels Midland during the 4th quarter worth approximately $28,000. Nalls Sherbakoff Group LLC bought a new stake in Archer Daniels Midland in the 4th quarter valued at $29,000. Finally, Global Trust Asset Management LLC acquired a new stake in Archer Daniels Midland during the 1st quarter valued at $29,000. Institutional investors own 78.28% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on ADM shares. Barclays lifted their target price 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. 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. Morgan Stanley upgraded shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $60.00 to $79.00 in a research report on Wednesday, August 5th. Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Finally, Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $79.67.

Archer Daniels Midland Price Performance

ADM stock opened at $80.80 on Thursday. The company’s 50-day moving average price is $79.84 and its two-hundred day moving average price is $75.19. The firm has a market cap of $38.94 billion, a P/E ratio of 22.14 and a beta of 0.62. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.27. Archer Daniels Midland Company has a 12 month low of $55.58 and a 12 month high of $88.46.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.35. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The company had revenue of $22.68 billion for the quarter, compared to analyst estimates of $22.75 billion. During the same quarter last year, the company posted $0.93 EPS. The company’s revenue for the quarter 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. On average, 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 firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is 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.