Elevated Capital Advisors LLC Acquires 15,767 Shares of Archer Daniels Midland Company $ADM

Elevated Capital Advisors LLC grew its holdings in shares of Archer Daniels Midland Company (NYSE:ADM) by 197,087.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,775 shares of the company’s stock after acquiring an additional 15,767 shares during the quarter. Elevated Capital Advisors LLC’s holdings in Archer Daniels Midland were worth $1,147,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Global Trust Asset Management LLC bought a new stake in shares of Archer Daniels Midland during the 1st quarter valued at approximately $29,000. OP Asset Management Ltd bought a new position in Archer Daniels Midland in the 1st quarter valued at approximately $30,000. Toth Financial Advisory Corp bought a new position in Archer Daniels Midland in the 4th quarter valued at approximately $25,000. Motiv8 Investments LLC acquired a new stake in Archer Daniels Midland in the fourth quarter valued at approximately $26,000. Finally, Sankala Group LLC acquired a new stake in Archer Daniels Midland in the fourth quarter valued at approximately $28,000. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer Daniels Midland Stock Down 1.6%

Shares of ADM opened at $79.00 on Friday. The stock’s 50-day moving average price is $78.63 and its two-hundred day moving average price is $71.22. Archer Daniels Midland Company has a 12 month low of $52.23 and a 12 month high of $85.37. The company has a market capitalization of $38.07 billion, a PE ratio of 35.42 and a beta of 0.62. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28.

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, beating the consensus estimate of $0.66 by $0.05. The company had revenue of $20.49 billion during 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%.The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, 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 declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were issued a dividend of $0.52 per share. The ex-dividend date was Wednesday, May 20th. This represents a $2.08 annualized dividend and a yield of 2.6%. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 93.27%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ADM. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a report on Monday, April 20th. Jefferies Financial Group raised their price objective on Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a report on Monday, April 6th. Zacks Research lowered Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. UBS Group upped their target price on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Finally, Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. One research 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 presently has a consensus rating of “Reduce” and a consensus target price of $75.33.

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.