National Pension Service Has $48.97 Million Position in Archer Daniels Midland Company $ADM

National Pension Service grew its holdings in Archer Daniels Midland Company (NYSE:ADM) by 0.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 927,786 shares of the company’s stock after acquiring an additional 5,550 shares during the period. National Pension Service owned 0.19% of Archer Daniels Midland worth $48,969,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Beacon Financial Advisory LLC boosted its stake in shares of Archer Daniels Midland by 1.0% during the 2nd quarter. Beacon Financial Advisory LLC now owns 18,505 shares of the company’s stock worth $977,000 after acquiring an additional 185 shares in the last quarter. Argyle Capital Management LLC raised its position in shares of Archer Daniels Midland by 1.0% in the second quarter. Argyle Capital Management LLC now owns 20,575 shares of the company’s stock valued at $1,086,000 after purchasing an additional 200 shares during the period. Foundations Investment Advisors LLC lifted its stake in shares of Archer Daniels Midland by 5.4% in the first quarter. Foundations Investment Advisors LLC now owns 4,310 shares of the company’s stock worth $207,000 after buying an additional 220 shares during the last quarter. Edmp Inc. boosted its holdings in shares of Archer Daniels Midland by 3.4% during the 2nd quarter. Edmp Inc. now owns 6,723 shares of the company’s stock worth $355,000 after buying an additional 221 shares during the period. Finally, Uncommon Cents Investing LLC grew its stake in Archer Daniels Midland by 0.3% in the 2nd quarter. Uncommon Cents Investing LLC now owns 94,659 shares of the company’s stock valued at $4,996,000 after buying an additional 249 shares during the last quarter. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Up 1.7%

NYSE ADM opened at $58.73 on Friday. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $65.00. The company has a market capitalization of $28.22 billion, a price-to-earnings ratio of 25.87, a PEG ratio of 4.78 and a beta of 0.70. The stock’s 50 day moving average is $60.84 and its two-hundred day moving average is $56.16. 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 posted its earnings results on Tuesday, November 4th. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.89 by $0.03. Archer Daniels Midland had a return on equity of 8.43% and a net margin of 1.33%.The business had revenue of $20.37 billion during the quarter, compared to the consensus estimate of $20.96 billion. During the same quarter last year, the company earned $1.09 EPS. Archer Daniels Midland’s revenue was up 2.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2025 guidance at 3.250-3.500 EPS. Equities analysts forecast that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be given 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 dividend yield of 3.5%. Archer Daniels Midland’s dividend payout ratio (DPR) is 83.27%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ADM. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $59.00 price target (down from $61.00) on shares of Archer Daniels Midland in a research report on Wednesday, November 5th. Barclays raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $50.00 to $61.00 in a research report on Wednesday, August 6th. Zacks Research downgraded shares of Archer Daniels Midland from a “hold” rating to a “strong sell” rating in a research note on Friday, November 7th. Morgan Stanley upped their target price on shares of Archer Daniels Midland from $47.00 to $57.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Archer Daniels Midland presently has an average rating of “Reduce” and a consensus price target of $55.25.

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.