Foster & Motley Inc. Invests $1.56 Million in Archer Daniels Midland Company $ADM

Foster & Motley Inc. purchased a new stake in Archer Daniels Midland Company (NYSE:ADM) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 20,453 shares of the company’s stock, valued at approximately $1,563,000.

A number of other institutional investors have also modified their holdings of ADM. Kelleher Financial Advisors bought a new position in Archer Daniels Midland in the second quarter worth about $25,000. Motiv8 Investments LLC bought a new position in shares of Archer Daniels Midland during the fourth quarter valued at approximately $26,000. Sankala Group LLC bought a new position in shares of Archer Daniels Midland during the fourth quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Archer Daniels Midland during the 4th quarter worth approximately $29,000. Finally, Global Trust Asset Management LLC bought a new stake in shares of Archer Daniels Midland in the 1st quarter worth approximately $29,000. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Trading Down 2.0%

NYSE:ADM opened at $80.80 on Thursday. The stock has a market cap of $38.94 billion, a price-to-earnings ratio of 22.14 and a beta of 0.62. 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 Company has a 1 year low of $55.58 and a 1 year high of $88.46. The business has a fifty day moving average of $79.84 and a 200-day moving average of $75.19.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.35. The business had revenue of $22.68 billion for the quarter, compared to analysts’ expectations of $22.75 billion. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The company’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Equities analysts predict that Archer Daniels Midland Company will post 5.46 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s payout ratio is 56.99%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. UBS Group boosted their price target on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a report on Monday, June 15th. JPMorgan Chase & Co. increased their price objective on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Wall Street Zen raised shares of Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Finally, Barclays raised their price target on shares of 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. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Archer Daniels Midland has a consensus rating of “Hold” and an average target price of $79.67.

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.