Archer Daniels Midland Company $ADM Shares Sold by Denali Advisors LLC

Denali Advisors LLC lessened its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 57.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,806 shares of the company’s stock after selling 9,024 shares during the period. Denali Advisors LLC’s holdings in Archer Daniels Midland were worth $520,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Kelleher Financial Advisors purchased a new stake in shares of Archer Daniels Midland in the second quarter valued at about $25,000. Motiv8 Investments LLC purchased a new stake in Archer Daniels Midland during the fourth quarter worth $26,000. Sankala Group LLC acquired a new stake in Archer Daniels Midland in the 4th quarter valued at about $28,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Archer Daniels Midland during the 4th quarter worth approximately $29,000. Finally, Global Trust Asset Management LLC purchased a new position in Archer Daniels Midland during the first quarter worth $29,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Trading Up 1.3%

NYSE:ADM opened at $81.82 on Friday. The firm has a market capitalization of $39.43 billion, a P/E ratio of 22.42 and a beta of 0.62. The business has a 50 day simple moving average of $79.89 and a 200 day simple moving average of $75.30. 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 12-month low of $55.58 and a 12-month high of $88.46.

Archer Daniels Midland (NYSE:ADM) last posted its 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 company had revenue of $22.68 billion for the quarter, compared to analysts’ expectations of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the business posted $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Equities research analysts predict that Archer Daniels Midland Company will post 5.46 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, August 19th. Archer Daniels Midland’s payout ratio is currently 56.99%.

Analyst Upgrades and Downgrades

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

About Archer Daniels Midland

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.