Archer Daniels Midland Company $ADM Shares Newly Purchased by Ninety One UK Ltd

Ninety One UK Ltd acquired a new position in Archer Daniels Midland Company (NYSE:ADM) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 446,474 shares of the company’s stock, valued at approximately $35,441,000.

Several other large investors have also bought and sold shares of the company. Triumph Capital Management grew its holdings in shares of Archer Daniels Midland by 62.2% during the 3rd quarter. Triumph Capital Management now owns 313 shares of the company’s stock worth $25,000 after acquiring an additional 120 shares during the period. QRG Capital Management Inc. raised its position in shares of Archer Daniels Midland by 0.8% in the 1st quarter. QRG Capital Management Inc. now owns 20,648 shares of the company’s stock worth $1,501,000 after acquiring an additional 164 shares in the last quarter. Midwest Trust Co raised its position in shares of Archer Daniels Midland by 4.3% in the 1st quarter. Midwest Trust Co now owns 4,009 shares of the company’s stock worth $291,000 after acquiring an additional 167 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of Archer Daniels Midland by 1.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 16,622 shares of the company’s stock worth $956,000 after acquiring an additional 174 shares in the last quarter. Finally, KCM Investment Advisors LLC lifted its stake in shares of Archer Daniels Midland by 3.4% in the 1st quarter. KCM Investment Advisors LLC now owns 5,680 shares of the company’s stock valued at $413,000 after purchasing an additional 185 shares during the period. 78.28% of the stock is owned by institutional investors.

Archer Daniels Midland Price Performance

Shares of NYSE ADM opened at $82.98 on Friday. The company has a 50 day simple moving average of $82.24 and a two-hundred day simple moving average of $79.18. Archer Daniels Midland Company has a fifty-two week low of $55.58 and a fifty-two week high of $88.75. The company has a market capitalization of $39.99 billion, a price-to-earnings ratio of 19.27, a P/E/G ratio of 2.54 and a beta of 0.64. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly 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. The firm had revenue of $22.68 billion for the quarter, compared to analysts’ expectations of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Analysts expect that Archer Daniels Midland Company will post 5.50 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th were given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is 56.99%.

Analyst Ratings Changes

ADM has been the topic of several research reports. Zacks Research lowered Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. JPMorgan Chase & Co. reduced their price target on Archer Daniels Midland from $77.00 to $75.00 and set an “underweight” rating on the stock in a research note on Monday. Wall Street Zen downgraded Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 10th. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $60.00 to $79.00 in a report on Wednesday, August 5th. Finally, Weiss Ratings raised Archer Daniels Midland from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $79.83.

Archer Daniels Midland Profile

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company that converts crops and other plant-based materials into food, feed, fuel and industrial ingredients. The company sources, transports, stores and processes commodities such as corn, soybeans, wheat and oilseeds through an extensive network of elevators, processing facilities and transportation assets.

ADM’s businesses include agricultural services and oilseeds, carbohydrate solutions, and nutrition.