Northwestern Mutual Wealth Management Co. Takes Position in Archer Daniels Midland Company $ADM

Northwestern Mutual Wealth Management Co. bought a new stake in shares of Archer Daniels Midland Company (NYSE:ADM) in the 2nd quarter, Holdings Channel.com reports. The firm bought 140,111 shares of the company’s stock, valued at approximately $10,704,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ADM. Kelleher Financial Advisors acquired a new stake in Archer Daniels Midland in the 2nd quarter valued at about $25,000. Motiv8 Investments LLC bought a new position in shares of Archer Daniels Midland during the 4th quarter valued at about $26,000. Sankala Group LLC acquired a new position in shares of Archer Daniels Midland in the 4th quarter worth approximately $28,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Archer Daniels Midland in the 4th quarter worth approximately $29,000. Finally, Global Trust Asset Management LLC bought a new stake in shares of Archer Daniels Midland in the 1st quarter worth approximately $29,000. 78.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on ADM shares. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Morgan Stanley raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $60.00 to $79.00 in a report on Wednesday, August 5th. Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. Barclays raised their price objective on 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. Finally, UBS Group boosted their target price on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. One investment 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 given a Sell rating to the stock. Based on data from MarketBeat, Archer Daniels Midland has an average rating of “Hold” and a consensus target price of $79.67.

Archer Daniels Midland Stock Performance

Shares of ADM opened at $80.10 on Friday. The company has a 50-day moving average of $79.89 and a two-hundred day moving average of $75.33. The stock has a market cap of $38.60 billion, a price-to-earnings ratio of 21.95 and a beta of 0.62. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. Archer Daniels Midland Company has a one year low of $55.58 and a one year high of $88.46.

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

Archer Daniels Midland Announces Dividend

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