MCF Advisors LLC Sells 10,560 Shares of Archer Daniels Midland Company $ADM

MCF Advisors LLC cut its position in Archer Daniels Midland Company (NYSE:ADM) by 64.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,893 shares of the company’s stock after selling 10,560 shares during the period. MCF Advisors LLC’s holdings in Archer Daniels Midland were worth $450,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Quadrant Capital Group LLC increased its stake in Archer Daniels Midland by 0.6% in the 4th quarter. Quadrant Capital Group LLC now owns 23,166 shares of the company’s stock worth $1,332,000 after buying an additional 146 shares in the last quarter. Atlantic Union Bankshares Corp lifted its position in shares of Archer Daniels Midland by 5.1% in the fourth quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company’s stock valued at $180,000 after acquiring an additional 153 shares in the last quarter. Summit Financial LLC boosted its stake in shares of Archer Daniels Midland by 0.9% in the fourth quarter. Summit Financial LLC now owns 16,947 shares of the company’s stock worth $974,000 after acquiring an additional 153 shares during the period. QRG Capital Management Inc. grew its position in shares of Archer Daniels Midland by 0.8% during the first quarter. QRG Capital Management Inc. now owns 20,648 shares of the company’s stock worth $1,501,000 after purchasing an additional 164 shares in the last quarter. Finally, Midwest Trust Co grew its position in shares of Archer Daniels Midland by 4.3% during the first quarter. Midwest Trust Co now owns 4,009 shares of the company’s stock worth $291,000 after purchasing an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

ADM stock opened at $86.81 on Friday. 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 business has a 50-day moving average price of $81.70 and a 200 day moving average price of $76.85. Archer Daniels Midland Company has a 1-year low of $55.58 and a 1-year high of $88.75. The company has a market capitalization of $41.84 billion, a P/E ratio of 23.78, a PEG ratio of 2.64 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates 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 previous year, the firm posted $0.93 earnings per share. Archer Daniels Midland’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. As a group, equities research analysts forecast that Archer Daniels Midland Company will post 5.46 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th were paid a dividend of $0.52 per share. The ex-dividend date was Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a yield of 2.4%. Archer Daniels Midland’s dividend payout ratio is presently 56.99%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ADM. Weiss Ratings raised Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. UBS Group lifted their price objective on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, June 15th. Barclays boosted 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. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Finally, Wall Street Zen downgraded shares of Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $79.67.

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 agricultural markets with food, beverage, animal nutrition and industrial customers by sourcing, transporting, storing and processing crops and other agricultural commodities.

The company’s operations include the processing of oilseeds such as soybeans, canola and sunflower seeds into vegetable oils, protein meals and other ingredients. ADM also produces corn and wheat-based sweeteners, starches, flours, fibers and other carbohydrate products, along with plant-based proteins, flavors, emulsifiers and specialty ingredients used in food and beverage manufacturing.

ADM serves customers in markets around the world through its agricultural services, commodity merchandising, transportation, processing and storage networks.