Hsbc Holdings PLC Acquires 86,722 Shares of Archer Daniels Midland Company $ADM

Hsbc Holdings PLC grew its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 10.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 891,998 shares of the company’s stock after buying an additional 86,722 shares during the period. Hsbc Holdings PLC’s holdings in Archer Daniels Midland were worth $64,870,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Quadrant Capital Group LLC lifted its stake in shares of Archer Daniels Midland by 0.6% in the 4th quarter. Quadrant Capital Group LLC now owns 23,166 shares of the company’s stock valued at $1,332,000 after purchasing an additional 146 shares during the period. Atlantic Union Bankshares Corp grew its position in Archer Daniels Midland by 5.1% during the 4th quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company’s stock valued at $180,000 after purchasing an additional 153 shares during the last quarter. Summit Financial LLC lifted its holdings in shares of Archer Daniels Midland by 0.9% during the 4th quarter. Summit Financial LLC now owns 16,947 shares of the company’s stock valued at $974,000 after buying an additional 153 shares during the period. Brookstone Capital Management boosted its holdings in shares of Archer Daniels Midland by 4.5% in the fourth quarter. Brookstone Capital Management now owns 3,555 shares of the company’s stock worth $204,000 after buying an additional 154 shares during the last quarter. Finally, Checchi Capital Advisers LLC lifted its position in Archer Daniels Midland by 2.6% during the fourth quarter. Checchi Capital Advisers LLC now owns 6,436 shares of the company’s stock valued at $370,000 after purchasing an additional 161 shares in the last quarter. 78.28% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ADM has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Monday, April 20th. Morgan Stanley boosted their price target on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 6th. Zacks Research downgraded Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Barclays raised their target price on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Finally, Jefferies Financial Group lifted their target price on Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research report on Monday, April 6th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $75.33.

Archer Daniels Midland Price Performance

Shares of NYSE ADM opened at $85.86 on Monday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31. Archer Daniels Midland Company has a fifty-two week low of $52.96 and a fifty-two week high of $86.00. The company has a market cap of $41.38 billion, a PE ratio of 38.50 and a beta of 0.62. The business has a 50-day simple moving average of $79.32 and a two-hundred day simple moving average of $72.27.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.66 by $0.05. The business had revenue of $20.49 billion during the quarter, compared to the consensus estimate of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, equities analysts expect that Archer Daniels Midland Company will post 4.71 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a dividend of $0.52 per share. The ex-dividend date was Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a yield of 2.4%. Archer Daniels Midland’s payout ratio is currently 93.27%.

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.