Archer Daniels Midland Company $ADM Stock: North Dakota State Investment Board Grows Holdings

North Dakota State Investment Board raised its holdings in Archer Daniels Midland Company (NYSE:ADM) by 27.4% during the third quarter, Holdings Channel reports. The institutional investor owned 36,139 shares of the company’s stock after buying an additional 7,769 shares during the quarter. North Dakota State Investment Board’s holdings in Archer Daniels Midland were worth $2,869,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Triumph Capital Management increased its position in shares of Archer Daniels Midland by 62.2% during the third quarter. Triumph Capital Management now owns 313 shares of the company’s stock worth $25,000 after acquiring an additional 120 shares in the last quarter. CFS Investment Advisory Services LLC raised its holdings in shares of Archer Daniels Midland by 0.7% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 17,871 shares of the company’s stock worth $1,469,000 after acquiring an additional 127 shares during the last quarter. QRG Capital Management Inc. raised its holdings in shares of Archer Daniels Midland by 0.8% in the 1st quarter. QRG Capital Management Inc. now owns 20,648 shares of the company’s stock worth $1,501,000 after acquiring an additional 164 shares during the last quarter. Midwest Trust Co lifted its position in Archer Daniels Midland by 4.3% in the 1st quarter. Midwest Trust Co now owns 4,009 shares of the company’s stock valued at $291,000 after acquiring an additional 167 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in Archer Daniels Midland by 1.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 16,622 shares of the company’s stock valued at $956,000 after acquiring an additional 174 shares in the last quarter. 78.28% of the stock is owned by institutional investors.

Archer Daniels Midland Stock Performance

NYSE ADM opened at $76.26 on Friday. Archer Daniels Midland Company has a 1 year low of $55.58 and a 1 year high of $88.75. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. The firm has a market cap of $36.76 billion, a price-to-earnings ratio of 20.89, a PEG ratio of 2.33 and a beta of 0.64. The company has a fifty day moving average price of $81.97 and a 200-day moving average price of $76.31.

Archer Daniels Midland (NYSE:ADM) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.49 by $0.35. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The company had revenue of $22.68 billion during the quarter, compared to the consensus estimate of $22.75 billion. During the same quarter in the prior year, the company posted $0.93 earnings per share. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, equities research analysts predict that Archer Daniels Midland Company will post 5.52 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th were given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio is presently 56.99%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. William Blair started coverage on Archer Daniels Midland in a research note on Tuesday, September 15th. They set a “buy” rating for the company. Jefferies Financial Group boosted their price objective on Archer Daniels Midland from $88.00 to $89.00 in a report on Monday, October 19th. Weiss Ratings downgraded Archer Daniels Midland from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. JPMorgan Chase & Co. dropped their target price on Archer Daniels Midland from $77.00 to $75.00 and set an “underweight” rating on the stock in a report on Monday, October 12th. Finally, Barclays raised their target price on Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Archer Daniels Midland has a consensus rating of “Hold” and a consensus price target of $81.75.

Archer Daniels Midland Profile

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company. Founded in 1902, ADM connects farmers and producers with markets worldwide by sourcing, transporting, storing and processing crops and other agricultural commodities.

The company processes oilseeds, corn, wheat and other crops into ingredients and products used in food and beverages, animal nutrition, renewable fuels and industrial applications. Its offerings include vegetable oils, protein meals, sweeteners, starches, flour, food ingredients, animal feed ingredients and biofuels, as well as specialty ingredients developed through its nutrition businesses.

ADM operates an integrated network of agricultural facilities, processing plants, transportation assets and commercial offices serving customers across North America, South America, Europe, Asia and other international markets.