Universal Beteiligungs und Servicegesellschaft mbH Sells 82,735 Shares of Archer Daniels Midland Company $ADM

Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 23.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 270,642 shares of the company’s stock after selling 82,735 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.06% of Archer Daniels Midland worth $14,284,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Westpac Banking Corp increased its position in shares of Archer Daniels Midland by 38.0% during the 2nd quarter. Westpac Banking Corp now owns 733 shares of the company’s stock valued at $39,000 after purchasing an additional 202 shares during the last quarter. Citizens Financial Group Inc. RI grew its position in Archer Daniels Midland by 12.3% during the second quarter. Citizens Financial Group Inc. RI now owns 18,547 shares of the company’s stock valued at $979,000 after acquiring an additional 2,025 shares during the last quarter. MJP Associates Inc. ADV purchased a new position in shares of Archer Daniels Midland during the second quarter worth approximately $208,000. Creative Planning lifted its holdings in shares of Archer Daniels Midland by 56.9% in the 2nd quarter. Creative Planning now owns 107,458 shares of the company’s stock worth $5,672,000 after acquiring an additional 38,961 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in shares of Archer Daniels Midland by 230.3% in the 2nd quarter. SG Americas Securities LLC now owns 22,901 shares of the company’s stock valued at $1,209,000 after purchasing an additional 15,967 shares in the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Price Performance

ADM stock opened at $58.14 on Thursday. 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 cap of $27.94 billion, a P/E ratio of 25.61, a PEG ratio of 4.78 and a beta of 0.70. The firm has a 50-day moving average of $60.59 and a 200 day moving average of $56.53. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.42 and a quick ratio of 0.90.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly 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. Archer Daniels Midland had a return on equity of 8.43% and a net margin of 1.33%.The firm had revenue of $20.37 billion during the quarter, compared to the consensus estimate of $20.96 billion. During the same period last year, the company earned $1.09 earnings per share. The company’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. On average, sell-side analysts forecast that Archer Daniels Midland Company will post 4.31 EPS for the current year.

Archer Daniels Midland Announces Dividend

The firm 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. This represents a $2.04 annualized dividend and a yield of 3.5%. The ex-dividend date is Wednesday, November 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 83.27%.

Analysts Set New Price Targets

Several analysts have weighed in on ADM shares. Morgan Stanley boosted their price target on shares of Archer Daniels Midland from $47.00 to $57.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 12th. UBS Group reissued a “buy” rating and issued a $70.00 target price (up previously from $60.00) on shares of Archer Daniels Midland in a research note on Monday, August 11th. Zacks Research cut Archer Daniels Midland from a “hold” rating to a “strong sell” rating in a research note on Friday, November 7th. Wall Street Zen raised Archer Daniels Midland from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, 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 note on Wednesday, August 6th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $55.25.

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.