AG2R LA Mondiale Gestion D Actifs Makes New $1.01 Million Investment in Archer Daniels Midland Company $ADM

Key Points

• AG2R LA Mondiale Gestion D Actifs invested approximately $1.01 million in Archer Daniels Midland Company (NYSE: ADM), acquiring 20,880 shares during the first quarter.
• Archer Daniels Midland's latest earnings report showed an EPS of $0.93, beating estimates of $0.88, but revenue fell 4.9% year-over-year to $21.17 billion.
• The company announced a quarterly dividend of $0.51 per share, reflecting an annualized yield of 3.3% and a payout ratio of 89.87%.

AG2R LA Mondiale Gestion D Actifs acquired a new position in Archer Daniels Midland Company (NYSE:ADM - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,880 shares of the company's stock, valued at approximately $1,008,000.

Other large investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its position in shares of Archer Daniels Midland by 350.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 17,455,324 shares of the company's stock valued at $838,030,000 after buying an additional 13,579,379 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Archer Daniels Midland by 17.9% in the first quarter. Wellington Management Group LLP now owns 24,944,136 shares of the company's stock valued at $1,197,568,000 after buying an additional 3,791,597 shares in the last quarter. Nuveen LLC purchased a new position in shares of Archer Daniels Midland in the first quarter valued at $81,306,000. Voloridge Investment Management LLC increased its position in shares of Archer Daniels Midland by 56.8% in the fourth quarter. Voloridge Investment Management LLC now owns 2,328,942 shares of the company's stock valued at $117,658,000 after buying an additional 843,662 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Archer Daniels Midland by 8.5% in the first quarter. Invesco Ltd. now owns 7,753,585 shares of the company's stock valued at $372,250,000 after buying an additional 607,767 shares in the last quarter. Hedge funds and other institutional investors own 78.28% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on ADM shares. Morgan Stanley raised their price target on Archer Daniels Midland from $47.00 to $57.00 and gave the company an "equal weight" rating in a research report on Tuesday, August 12th. UBS Group restated a "buy" rating and issued a $70.00 price target (up previously from $60.00) on shares of Archer Daniels Midland in a research report on Monday, August 11th. JPMorgan Chase & Co. initiated coverage on Archer Daniels Midland in a research note on Wednesday, August 20th. They set a "neutral" rating and a $61.00 price objective on the stock. Barclays raised Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and increased their price objective for the company from $50.00 to $61.00 in a research note on Wednesday, August 6th. Finally, Wall Street Zen raised Archer Daniels Midland from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $55.50.

Archer Daniels Midland Trading Up 0.6%

Shares of NYSE ADM traded up $0.34 during midday trading on Friday, hitting $61.17. The stock had a trading volume of 1,150,185 shares, compared to its average volume of 3,890,041. The company has a market capitalization of $29.39 billion, a price-to-earnings ratio of 26.95, a PEG ratio of 3.25 and a beta of 0.69. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $64.38. The company has a quick ratio of 0.90, a current ratio of 1.42 and a debt-to-equity ratio of 0.34. The company has a fifty day moving average price of $58.78 and a 200 day moving average price of $52.27.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.05. The business had revenue of $21.17 billion for the quarter, compared to analyst estimates of $21.56 billion. Archer Daniels Midland had a return on equity of 8.43% and a net margin of 1.33%.The company's revenue was down 4.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.03 EPS. Archer Daniels Midland has set its FY 2025 guidance at 4.000-4.000 EPS. On average, analysts predict that Archer Daniels Midland Company will post 4.31 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Wednesday, August 20th were issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Wednesday, August 20th. Archer Daniels Midland's dividend payout ratio (DPR) is presently 89.87%.

Archer Daniels Midland Profile

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.