UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Stock Position in Archer Daniels Midland Company $ADM

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Archer Daniels Midland Company (NYSE:ADMFree Report) by 4.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,875,370 shares of the company’s stock after buying an additional 112,980 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.60% of Archer Daniels Midland worth $219,678,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Kelleher Financial Advisors purchased a new position in Archer Daniels Midland during the second quarter worth approximately $25,000. Motiv8 Investments LLC acquired a new position in shares of Archer Daniels Midland during the 4th quarter worth approximately $26,000. Orion Capital Management LLC purchased a new position in shares of Archer Daniels Midland during the 2nd quarter valued at approximately $27,000. Sankala Group LLC purchased a new position in shares of Archer Daniels Midland during the 4th quarter valued at approximately $28,000. Finally, Nalls Sherbakoff Group LLC acquired a new stake in Archer Daniels Midland in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 78.28% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on ADM. Barclays increased their price objective on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a report on Wednesday, August 5th. Morgan Stanley raised shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $60.00 to $79.00 in a research note on Wednesday, August 5th. Wall Street Zen raised shares of Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research note on Monday. UBS Group lifted their price objective 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, JPMorgan Chase & Co. increased their target price on Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $79.67.

Check Out Our Latest Report on Archer Daniels Midland

Archer Daniels Midland Stock Performance

NYSE ADM opened at $81.36 on Tuesday. The stock’s fifty day moving average is $80.28 and its two-hundred day moving average is $75.92. 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 firm has a market capitalization of $39.21 billion, a P/E ratio of 22.29 and a beta of 0.62. Archer Daniels Midland Company has a fifty-two week low of $55.58 and a fifty-two week high of $88.46.

Archer Daniels Midland (NYSE:ADMGet Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.35. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The firm had revenue of $22.68 billion during the quarter, compared to analysts’ expectations of $22.75 billion. During the same period last year, the business earned $0.93 earnings per share. Archer Daniels Midland’s revenue was up 7.2% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, research analysts anticipate that Archer Daniels Midland Company will post 5.46 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

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

Archer Daniels Midland Company Profile

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

Receive News & Ratings for Archer Daniels Midland Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archer Daniels Midland and related companies with MarketBeat.com's FREE daily email newsletter.