Sequoia Financial Advisors LLC Acquires 7,129 Shares of Archer Daniels Midland Company $ADM

Sequoia Financial Advisors LLC increased its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 33.5% in the 1st quarter, HoldingsChannel.com reports. The firm owned 28,407 shares of the company’s stock after acquiring an additional 7,129 shares during the period. Sequoia Financial Advisors LLC’s holdings in Archer Daniels Midland were worth $2,065,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in ADM. Hsbc Holdings PLC grew its holdings in Archer Daniels Midland by 10.8% during the 1st quarter. Hsbc Holdings PLC now owns 891,998 shares of the company’s stock valued at $64,870,000 after buying an additional 86,722 shares in the last quarter. Elevated Capital Advisors LLC lifted its holdings in shares of Archer Daniels Midland by 197,087.5% in the first quarter. Elevated Capital Advisors LLC now owns 15,775 shares of the company’s stock worth $1,147,000 after buying an additional 15,767 shares in the last quarter. Forza Wealth Management LLC boosted its position in shares of Archer Daniels Midland by 5.3% during the first quarter. Forza Wealth Management LLC now owns 3,826 shares of the company’s stock worth $278,000 after acquiring an additional 193 shares during the last quarter. Kestra Advisory Services LLC grew its stake in Archer Daniels Midland by 14.3% during the first quarter. Kestra Advisory Services LLC now owns 24,380 shares of the company’s stock valued at $1,772,000 after acquiring an additional 3,042 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. grew its stake in Archer Daniels Midland by 1.9% during the first quarter. Resona Asset Management Co. Ltd. now owns 175,229 shares of the company’s stock valued at $12,684,000 after acquiring an additional 3,331 shares in the last quarter. 78.28% of the stock is owned by hedge funds and other institutional investors.

Archer Daniels Midland Price Performance

Archer Daniels Midland stock opened at $82.40 on Thursday. Archer Daniels Midland Company has a 12-month low of $52.23 and a 12-month high of $85.37. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28. The firm has a 50-day moving average price of $79.05 and a 200-day moving average price of $71.90. The firm has a market capitalization of $39.72 billion, a PE ratio of 36.95 and a beta of 0.62.

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

Archer Daniels Midland Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were paid a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.5%. Archer Daniels Midland’s dividend payout ratio is currently 93.27%.

Analyst Upgrades and Downgrades

Several brokerages have commented on ADM. JPMorgan Chase & Co. boosted 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 cut Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Monday, April 20th. UBS Group increased their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Finally, Barclays raised their price target on Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $75.33.

Archer Daniels Midland 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.