Northwestern Mutual Wealth Management Co. Grows Stake in Archer Daniels Midland Company $ADM

Northwestern Mutual Wealth Management Co. boosted its holdings in Archer Daniels Midland Company (NYSE:ADM) by 6.0% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 140,111 shares of the company’s stock after acquiring an additional 7,916 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Archer Daniels Midland were worth $10,704,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Archer Daniels Midland during the 2nd quarter valued at about $3,409,089,000. Norges Bank bought a new stake in shares of Archer Daniels Midland in the fourth quarter worth about $402,743,000. Victory Capital Management Inc. lifted its stake in Archer Daniels Midland by 831.3% in the fourth quarter. Victory Capital Management Inc. now owns 5,592,030 shares of the company’s stock worth $321,486,000 after acquiring an additional 4,991,550 shares during the period. Bank of New York Mellon Corp purchased a new stake in Archer Daniels Midland in the second quarter worth about $257,394,000. Finally, Legal & General Group Plc bought a new stake in shares of Archer Daniels Midland during the second quarter valued at approximately $198,233,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Wall Street Analyst Weigh In

ADM has been the topic of several research reports. Wall Street Zen raised shares of Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research note on Monday. JPMorgan Chase & Co. lifted their price target on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. UBS Group increased their price target on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Finally, Weiss Ratings raised Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Archer Daniels Midland presently has a consensus rating of “Hold” and a consensus price target of $79.67.

Archer Daniels Midland Stock Up 1.1%

ADM opened at $85.44 on Thursday. The company has a market capitalization of $41.18 billion, a PE ratio of 23.41, a price-to-earnings-growth ratio of 2.58 and a beta of 0.62. The firm has a 50-day simple moving average of $80.66 and a two-hundred day simple moving average of $76.14. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.27. Archer Daniels Midland Company has a 52 week low of $55.58 and a 52 week high of $88.46.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.35. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The business had revenue of $22.68 billion for the quarter, compared to the consensus estimate of $22.75 billion. During the same quarter in the previous year, the company posted $0.93 EPS. The company’s revenue 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. Analysts forecast that Archer Daniels Midland Company will post 5.46 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be given a $0.52 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $2.08 annualized dividend and a yield of 2.4%. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 56.99%.

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.