Groupe la Francaise Buys Shares of 57,586 Archer Daniels Midland Company $ADM

Groupe la Francaise bought a new position in Archer Daniels Midland Company (NYSE:ADM) in the second quarter, Holdings Channel.com reports. The firm bought 57,586 shares of the company’s stock, valued at approximately $4,400,000.

A number of other hedge funds also recently made changes to their positions in ADM. Kelleher Financial Advisors acquired a new position in Archer Daniels Midland during the 2nd quarter worth approximately $25,000. Motiv8 Investments LLC acquired a new stake in Archer Daniels Midland in the fourth quarter valued at approximately $26,000. Orion Capital Management LLC bought a new stake in shares of Archer Daniels Midland during the second quarter worth $27,000. Sankala Group LLC bought a new stake in shares of Archer Daniels Midland during the fourth quarter worth $28,000. Finally, Nalls Sherbakoff Group LLC acquired a new position in shares of Archer Daniels Midland during the fourth quarter worth $29,000. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ADM has been the topic of several recent research reports. Weiss Ratings raised Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and increased their target price for the company from $60.00 to $79.00 in a research report on Wednesday, August 5th. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Barclays upped their price objective on Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 5th. Finally, UBS Group upped their price target 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. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $79.67.

Archer Daniels Midland Trading Up 0.1%

Shares of ADM stock opened at $84.66 on Tuesday. The stock has a market cap of $40.80 billion, a price-to-earnings ratio of 23.19, a PEG ratio of 2.58 and a beta of 0.62. The stock has a 50-day moving average of $81.13 and a 200-day moving average of $76.47. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27. Archer Daniels Midland Company has a 1-year low of $55.58 and a 1-year high of $88.46.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings data 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 return on equity of 9.21% and a net margin of 2.16%.The company had revenue of $22.68 billion for the quarter, compared to analyst estimates of $22.75 billion. During the same period in the previous year, the firm earned $0.93 earnings per share. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, equities research analysts forecast that Archer Daniels Midland Company will post 5.46 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be given a $0.52 dividend. 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 payout ratio is 56.99%.

Archer Daniels Midland 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.