Csenge Advisory Group Purchases New Shares in Archer Daniels Midland Company $ADM

Csenge Advisory Group purchased a new stake in Archer Daniels Midland Company (NYSE:ADM) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 46,577 shares of the company’s stock, valued at approximately $3,558,000.

Several other large investors also recently added to or reduced their stakes in the stock. Kelleher Financial Advisors bought a new stake in shares of Archer Daniels Midland in the 2nd quarter valued at approximately $25,000. Motiv8 Investments LLC bought a new position in shares of Archer Daniels Midland during the 4th quarter valued at approximately $26,000. Sankala Group LLC purchased a new stake in Archer Daniels Midland during the 4th quarter valued at $28,000. Nalls Sherbakoff Group LLC bought a new stake in Archer Daniels Midland in the fourth quarter worth $29,000. Finally, Global Trust Asset Management LLC bought a new stake in Archer Daniels Midland in the first quarter worth $29,000. 78.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ADM shares. Barclays boosted their price objective 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. Weiss Ratings raised shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. Wall Street Zen upgraded shares of Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. JPMorgan Chase & Co. increased their price objective on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 6th. Finally, UBS Group raised their price objective on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Archer Daniels Midland has an average rating of “Hold” and a consensus target price of $79.67.

Archer Daniels Midland Trading Down 2.0%

Shares of ADM opened at $80.80 on Thursday. The firm has a market capitalization of $38.94 billion, a price-to-earnings ratio of 22.14 and a beta of 0.62. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. Archer Daniels Midland Company has a 1-year low of $55.58 and a 1-year high of $88.46. The company has a 50-day moving average of $79.84 and a 200 day moving average of $75.19.

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

Archer Daniels Midland Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $2.08 annualized dividend and a yield of 2.6%. Archer Daniels Midland’s dividend payout ratio is 56.99%.

About Archer Daniels Midland

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.