Caitlin John LLC Sells 680 Shares of Archer Daniels Midland Company $ADM

Caitlin John LLC trimmed its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 12.5% in the first quarter, Holdings Channel.com reports. The fund owned 4,776 shares of the company’s stock after selling 680 shares during the quarter. Caitlin John LLC’s holdings in Archer Daniels Midland were worth $229,000 at the end of the most recent reporting period.

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

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $62.9430 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.42 and a quick ratio of 0.90. The firm has a market cap of $30.24 billion, a P/E ratio of 27.73, a P/E/G ratio of 3.25 and a beta of 0.68. The firm has a 50 day simple moving average of $55.67 and a 200 day simple moving average of $50.23. Archer Daniels Midland Company has a fifty-two week low of $40.98 and a fifty-two week high of $63.40.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.93 EPS for the quarter, topping the consensus estimate 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 company had revenue of $21.17 billion during the quarter, compared to analysts’ expectations of $21.56 billion. During the same quarter in the previous year, the company earned $1.03 EPS. Archer Daniels Midland’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. Sell-side analysts predict that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Wednesday, August 20th will be given a dividend of $0.51 per share. The ex-dividend date is Wednesday, August 20th. This represents a $2.04 annualized dividend and a dividend yield of 3.2%. Archer Daniels Midland’s payout ratio is currently 89.87%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on ADM shares. JPMorgan Chase & Co. started coverage on shares of Archer Daniels Midland in a research report on Wednesday. They set a “neutral” rating and a $61.00 target price for the company. Wall Street Zen upgraded shares of Archer Daniels Midland from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Barclays upgraded shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $50.00 to $61.00 in a research report on Wednesday, August 6th. UBS Group reiterated a “buy” rating and set a $70.00 target price (up previously from $60.00) on shares of Archer Daniels Midland in a research report on Monday, August 11th. Finally, Bank of America cut shares of Archer Daniels Midland from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $47.00 to $45.00 in a research report on Thursday, May 8th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $55.50.

About Archer Daniels Midland

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.