Oxbow Advisors LLC Makes New Investment in Archer Daniels Midland Company $ADM

Oxbow Advisors LLC purchased a new stake in Archer Daniels Midland Company (NYSE:ADM) during the second quarter, HoldingsChannel.com reports. The firm purchased 59,782 shares of the company’s stock, valued at approximately $4,567,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealthfront Advisers LLC purchased a new position in shares of Archer Daniels Midland in the 2nd quarter worth $10,087,000. Foster & Motley Inc. purchased a new stake in Archer Daniels Midland during the second quarter valued at about $1,563,000. First National Bank of Omaha acquired a new stake in Archer Daniels Midland during the second quarter worth about $1,074,000. Meeder Advisory Services Inc. acquired a new stake in Archer Daniels Midland during the second quarter worth about $490,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Archer Daniels Midland in the 2nd quarter worth about $1,513,000. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ADM shares. UBS Group lifted their price objective 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. Wall Street Zen raised shares of Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Barclays lifted their price target on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 5th. Finally, Weiss Ratings raised shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Archer Daniels Midland currently has an average rating of “Hold” and a consensus price target of $79.67.

Archer Daniels Midland Price Performance

ADM stock opened at $82.54 on Wednesday. The firm has a market cap of $39.78 billion, a P/E ratio of 22.61 and a beta of 0.62. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39. Archer Daniels Midland Company has a 1 year low of $55.58 and a 1 year high of $88.46. The stock has a 50-day simple moving average of $79.85 and a 200-day simple moving average of $75.10.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.49 by $0.35. The firm had revenue of $22.68 billion for the quarter, compared to analyst estimates of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.Archer Daniels Midland’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, equities analysts predict that Archer Daniels Midland Company will post 5.46 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be paid a dividend of $0.52 per share. The ex-dividend date is Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.5%. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 56.99%.

Archer Daniels Midland Company 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.