Versor Investments LP Makes New $231,000 Investment in Archer Daniels Midland Company $ADM

Versor Investments LP purchased a new stake in shares of Archer Daniels Midland Company (NYSE:ADM) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,371 shares of the company’s stock, valued at approximately $231,000.

Other hedge funds also recently added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new stake in Archer Daniels Midland during the 1st quarter valued at $25,000. SOA Wealth Advisors LLC. bought a new position in shares of Archer Daniels Midland during the second quarter valued at $25,000. Trust Co. of Toledo NA OH purchased a new stake in shares of Archer Daniels Midland during the second quarter valued at $32,000. Pandora Wealth Inc. bought a new stake in Archer Daniels Midland in the 1st quarter worth about $39,000. Finally, ST Germain D J Co. Inc. purchased a new position in Archer Daniels Midland in the 2nd quarter worth about $51,000. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ADM. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, October 8th. Barclays raised shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $50.00 to $61.00 in a research report on Wednesday, August 6th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $59.00 price target (down from $61.00) on shares of Archer Daniels Midland in a report on Wednesday. UBS Group restated a “buy” rating and issued a $70.00 price target (up from $60.00) on shares of Archer Daniels Midland in a research note on Monday, August 11th. Finally, Wall Street Zen upgraded Archer Daniels Midland from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Archer Daniels Midland currently has an average rating of “Reduce” and a consensus price target of $55.25.

Archer Daniels Midland Trading Up 0.7%

Shares of ADM stock opened at $56.71 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 company has a market cap of $27.25 billion, a price-to-earnings ratio of 24.98, a PEG ratio of 4.78 and a beta of 0.70. Archer Daniels Midland Company has a 1 year low of $40.98 and a 1 year high of $65.00. The firm has a fifty day moving average price of $61.32 and a 200-day moving average price of $55.85.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, November 4th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.03. The company had revenue of $20.37 billion for the quarter, compared to the consensus estimate of $20.96 billion. Archer Daniels Midland had a return on equity of 8.43% and a net margin of 1.33%.Archer Daniels Midland’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.09 earnings per share. Archer Daniels Midland has set its FY 2025 guidance at 3.250-3.500 EPS. As a group, equities analysts predict that Archer Daniels Midland Company will post 4.31 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th will be paid a dividend of $0.51 per share. The ex-dividend date is Wednesday, November 19th. This represents a $2.04 dividend on an annualized basis and a yield of 3.6%. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 83.27%.

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.