Archer Daniels Midland Company $ADM Stock Holdings Trimmed by Martel Wealth Advisors LLC

Martel Wealth Advisors LLC trimmed its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 21.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 30,884 shares of the company’s stock after selling 8,632 shares during the quarter. Archer Daniels Midland makes up 0.4% of Martel Wealth Advisors LLC’s investment portfolio, making the stock its 21st largest position. Martel Wealth Advisors LLC’s holdings in Archer Daniels Midland were worth $2,452,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ADM. Mather Group LLC. lifted its stake in Archer Daniels Midland by 25.5% in the 3rd quarter. Mather Group LLC. now owns 1,846 shares of the company’s stock valued at $147,000 after buying an additional 375 shares in the last quarter. Fortitude Family Office LLC boosted its holdings in Archer Daniels Midland by 116.5% in the 3rd quarter. Fortitude Family Office LLC now owns 433 shares of the company’s stock worth $34,000 after buying an additional 233 shares during the last quarter. Triumph Capital Management boosted its holdings in Archer Daniels Midland by 62.2% in the 3rd quarter. Triumph Capital Management now owns 313 shares of the company’s stock worth $25,000 after buying an additional 120 shares during the last quarter. ABLE Financial Group LLC increased its stake in Archer Daniels Midland by 14.8% during the 3rd quarter. ABLE Financial Group LLC now owns 15,802 shares of the company’s stock worth $1,254,000 after buying an additional 2,037 shares in the last quarter. Finally, First Citizens Bank & Trust Co. purchased a new stake in Archer Daniels Midland during the 3rd quarter worth approximately $917,000. 78.28% of the stock is owned by hedge funds and other institutional investors.

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $83.60 on Thursday. Archer Daniels Midland Company has a one year low of $55.58 and a one year high of $88.75. The company has a market cap of $40.29 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 2.52 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. The business’s 50 day moving average price is $82.13 and its 200 day moving average price is $79.11.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.35. The company had revenue of $22.68 billion for the quarter, compared to analyst estimates of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, research analysts predict that Archer Daniels Midland Company will post 5.50 EPS for the current year.

Archer Daniels Midland Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Wednesday, August 19th. Archer Daniels Midland’s payout ratio is currently 56.99%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. JPMorgan Chase & Co. reduced their target price on Archer Daniels Midland from $77.00 to $75.00 and set an “underweight” rating for the company in a report on Monday. Wall Street Zen lowered Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 10th. Morgan Stanley upgraded shares of 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. Jefferies Financial Group raised shares of Archer Daniels Midland to a “hold” rating in a research note on Tuesday, September 29th. Finally, Zacks Research lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $79.83.

Archer Daniels Midland Company 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.