Meeder Advisory Services Inc. Acquires Shares of 6,410 Archer Daniels Midland Company $ADM

Meeder Advisory Services Inc. acquired a new position in shares of Archer Daniels Midland Company (NYSE:ADM) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,410 shares of the company’s stock, valued at approximately $490,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Kelleher Financial Advisors acquired a new stake in shares of Archer Daniels Midland in the 2nd quarter valued at about $25,000. Motiv8 Investments LLC acquired a new position in Archer Daniels Midland in the fourth quarter worth about $26,000. Sankala Group LLC bought a new stake in Archer Daniels Midland in the fourth quarter valued at about $28,000. Nalls Sherbakoff Group LLC bought a new stake in Archer Daniels Midland in the fourth quarter valued at about $29,000. Finally, Global Trust Asset Management LLC acquired a new stake in Archer Daniels Midland during the first quarter valued at approximately $29,000. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Up 1.3%

NYSE:ADM opened at $81.82 on Friday. The firm has a market capitalization of $39.43 billion, a PE ratio of 22.42 and a beta of 0.62. The stock has a 50 day moving average of $79.89 and a 200-day moving average of $75.30. Archer Daniels Midland Company has a 52 week low of $55.58 and a 52 week high of $88.46. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.35. The business had revenue of $22.68 billion for the quarter, compared to the consensus estimate of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The business’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Analysts predict that Archer Daniels Midland Company will post 5.46 EPS for the current year.

Archer Daniels Midland Announces Dividend

The business 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 $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 56.99%.

Analysts Set New Price Targets

Several research analysts have recently commented on ADM shares. Barclays lifted their target price on Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 5th. 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 research report on Wednesday, August 5th. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Weiss Ratings raised shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Finally, Wall Street Zen upgraded shares of Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Archer Daniels Midland has a consensus rating of “Hold” and a consensus target price of $79.67.

Archer Daniels Midland Company 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.