Y Intercept Hong Kong Ltd Buys Shares of 32,123 Archer Daniels Midland Company $ADM

Y Intercept Hong Kong Ltd purchased a new position in shares of Archer Daniels Midland Company (NYSE:ADM) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 32,123 shares of the company’s stock, valued at approximately $2,335,000.

Several other institutional investors and hedge funds have also made changes to their positions in ADM. Toth Financial Advisory Corp acquired a new stake in shares of Archer Daniels Midland during the fourth quarter valued at $25,000. Motiv8 Investments LLC acquired a new position in Archer Daniels Midland in the 4th quarter valued at about $26,000. Sankala Group LLC purchased a new position in Archer Daniels Midland in the 4th quarter valued at about $28,000. Nalls Sherbakoff Group LLC purchased a new position in Archer Daniels Midland in the 4th quarter valued at about $29,000. Finally, Global Trust Asset Management LLC acquired a new stake in shares of Archer Daniels Midland during the 1st quarter worth about $29,000. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on ADM shares. Barclays boosted their price objective on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their target price 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. Morgan Stanley boosted their price target on Archer Daniels Midland from $54.00 to $58.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, 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 report on Monday, June 15th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $75.33.

Archer Daniels Midland Stock Performance

Shares of ADM stock opened at $80.17 on Thursday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 1.31. The firm has a market capitalization of $38.64 billion, a price-to-earnings ratio of 35.95 and a beta of 0.62. Archer Daniels Midland Company has a one year low of $52.23 and a one year high of $85.37. The company has a 50 day moving average price of $78.51 and a 200 day moving average price of $71.07.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The company had revenue of $20.49 billion for the quarter, compared to analyst estimates of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. Archer Daniels Midland’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter last year, the business earned $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Sell-side analysts anticipate that Archer Daniels Midland Company will post 4.47 EPS for the current year.

Archer Daniels Midland Announces Dividend

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

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.