Archer Daniels Midland Company $ADM Stake Lifted by Western Wealth Management LLC

Western Wealth Management LLC lifted its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 192.3% during the first quarter, Holdings Channel.com reports. The fund owned 15,914 shares of the company’s stock after purchasing an additional 10,469 shares during the period. Western Wealth Management LLC’s holdings in Archer Daniels Midland were worth $1,157,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ADM. Quadrant Capital Group LLC boosted its stake in Archer Daniels Midland by 0.6% during the 4th quarter. Quadrant Capital Group LLC now owns 23,166 shares of the company’s stock valued at $1,332,000 after purchasing an additional 146 shares in the last quarter. Atlantic Union Bankshares Corp raised its stake in shares of Archer Daniels Midland by 5.1% in the 4th quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company’s stock worth $180,000 after buying an additional 153 shares in the last quarter. Summit Financial LLC lifted its holdings in shares of Archer Daniels Midland by 0.9% in the fourth quarter. Summit Financial LLC now owns 16,947 shares of the company’s stock valued at $974,000 after buying an additional 153 shares during the period. Brookstone Capital Management lifted its holdings in shares of Archer Daniels Midland by 4.5% in the fourth quarter. Brookstone Capital Management now owns 3,555 shares of the company’s stock valued at $204,000 after buying an additional 154 shares during the period. Finally, Checchi Capital Advisers LLC boosted its stake in Archer Daniels Midland by 2.6% during the fourth quarter. Checchi Capital Advisers LLC now owns 6,436 shares of the company’s stock valued at $370,000 after buying an additional 161 shares in the last quarter. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Down 0.0%

Shares of Archer Daniels Midland stock opened at $79.27 on Monday. Archer Daniels Midland Company has a 12-month low of $52.96 and a 12-month high of $88.46. The firm has a market capitalization of $38.20 billion, a PE ratio of 35.54 and a beta of 0.62. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. The stock’s fifty day moving average is $80.14 and its 200-day moving average is $73.98.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. The firm had revenue of $20.49 billion for the quarter, compared to analysts’ expectations of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.Archer Daniels Midland’s revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the business posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Equities analysts anticipate that Archer Daniels Midland Company will post 4.76 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were given a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is 93.27%.

Wall Street Analysts Forecast Growth

ADM has been the topic of a number of research analyst reports. Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Morgan Stanley upped their price target on shares of Archer Daniels Midland from $58.00 to $60.00 and gave the company an “underweight” rating in a report on Monday, July 20th. UBS Group raised their price objective on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, June 15th. JPMorgan Chase & Co. lifted 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 note on Wednesday, May 6th. Finally, Zacks Research downgraded shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. One analyst has rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $75.67.

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.