Humankind Investments LLC Boosts Holdings in Archer Daniels Midland Company $ADM

Humankind Investments LLC grew its position in Archer Daniels Midland Company (NYSE:ADM) by 13.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,062 shares of the company’s stock after buying an additional 6,071 shares during the period. Archer Daniels Midland accounts for approximately 0.7% of Humankind Investments LLC’s investment portfolio, making the stock its 23rd largest position. Humankind Investments LLC’s holdings in Archer Daniels Midland were worth $2,499,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. S.A. Mason LLC acquired a new position in shares of Archer Daniels Midland in the 1st quarter worth approximately $25,000. Headlands Technologies LLC acquired a new position in shares of Archer Daniels Midland in the 1st quarter worth approximately $25,000. ORG Partners LLC lifted its holdings in shares of Archer Daniels Midland by 297.2% in the 1st quarter. ORG Partners LLC now owns 699 shares of the company’s stock worth $34,000 after acquiring an additional 523 shares during the last quarter. NBC Securities Inc. acquired a new position in shares of Archer Daniels Midland in the 1st quarter worth approximately $37,000. Finally, Capital Advisors Ltd. LLC lifted its holdings in shares of Archer Daniels Midland by 43.4% in the 1st quarter. Capital Advisors Ltd. LLC now owns 783 shares of the company’s stock worth $38,000 after acquiring an additional 237 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Price Performance

Shares of ADM opened at $59.9410 on Wednesday. Archer Daniels Midland Company has a twelve month low of $40.98 and a twelve month high of $62.61. The firm’s fifty day simple moving average is $54.98 and its 200-day simple moving average is $49.98. The firm has a market capitalization of $28.80 billion, a price-to-earnings ratio of 26.41, a PEG ratio of 3.17 and a beta of 0.68. The company has a current ratio of 1.42, a quick ratio of 0.90 and a debt-to-equity ratio of 0.34.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.05. Archer Daniels Midland had a net margin of 1.33% and a return on equity of 8.43%. The business had revenue of $21.17 billion for the quarter, compared to analyst estimates of $21.56 billion. During the same period last year, the business earned $1.03 EPS. The company’s revenue was down 4.9% on a year-over-year basis. Archer Daniels Midland has set its FY 2025 guidance at 4.000-4.000 EPS. Equities analysts forecast that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Wednesday, August 20th will be given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Wednesday, August 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is 89.87%.

Analyst Ratings Changes

ADM has been the topic of several recent analyst reports. Barclays upgraded shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $50.00 to $61.00 in a report on Wednesday, August 6th. UBS Group restated a “buy” rating and issued a $70.00 price objective (up from $60.00) on shares of Archer Daniels Midland in a report on Monday, August 11th. Morgan Stanley increased their target price on shares of Archer Daniels Midland from $47.00 to $57.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 12th. Bank of America lowered shares of Archer Daniels Midland from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $47.00 to $45.00 in a report on Thursday, May 8th. Finally, Wall Street Zen upgraded shares of Archer Daniels Midland from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Archer Daniels Midland currently has an average rating of “Hold” and a consensus target price of $54.71.

Archer Daniels Midland Company Profile

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.