AlTi Global Inc. Has $5.55 Million Stock Holdings in Archer Daniels Midland Company $ADM

Key Points

• AlTi Global Inc. has reduced its holdings in Archer Daniels Midland Company (NYSE:ADM) by 10.9%, owning 115,622 shares worth **$5.55 million** at the end of the quarter.
• Several institutional investors increased their positions in ADM, with Wellington Management Group boosting its stake by **17.9%** and Charles Schwab Investment Management increasing its holdings by an impressive **350.4%**.
• Archer Daniels Midland reported a **quarterly earnings per share (EPS)** of **$0.93**, surpassing analysts’ expectations, and announced a dividend of **$0.51** to be paid to shareholders on **September 10th**.

AlTi Global Inc. reduced its holdings in Archer Daniels Midland Company (NYSE:ADM - Free Report) by 10.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 115,622 shares of the company's stock after selling 14,121 shares during the quarter. AlTi Global Inc.'s holdings in Archer Daniels Midland were worth $5,551,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. S.A. Mason LLC bought a new position in shares of Archer Daniels Midland in the 1st quarter worth about $25,000. Headlands Technologies LLC bought a new stake in shares of Archer Daniels Midland during the 1st quarter worth about $25,000. ORG Partners LLC raised its position in shares of Archer Daniels Midland by 297.2% during the 1st quarter. ORG Partners LLC now owns 699 shares of the company's stock worth $34,000 after buying an additional 523 shares in the last quarter. NBC Securities Inc. bought a new stake in shares of Archer Daniels Midland during the 1st quarter worth about $37,000. Finally, Capital Advisors Ltd. LLC raised its position in shares of Archer Daniels Midland by 43.4% during the 1st quarter. Capital Advisors Ltd. LLC now owns 783 shares of the company's stock worth $38,000 after buying an additional 237 shares in the last quarter. 78.28% of the stock is currently owned by institutional investors.

Archer Daniels Midland Price Performance

Shares of NYSE ADM traded up $0.97 during trading on Friday, hitting $62.91. The company had a trading volume of 2,655,895 shares, compared to its average volume of 3,408,997. Archer Daniels Midland Company has a 52 week low of $40.98 and a 52 week high of $64.38. The business's 50-day moving average is $57.52 and its 200 day moving average is $51.38. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.90 and a current ratio of 1.42. The company has a market cap of $30.23 billion, a P/E ratio of 27.71, a PEG ratio of 3.30 and a beta of 0.69.

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

Archer Daniels Midland Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Wednesday, August 20th will be issued a dividend of $0.51 per share. The ex-dividend date is Wednesday, August 20th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.2%. Archer Daniels Midland's payout ratio is currently 89.87%.

Wall Street Analysts Forecast Growth

ADM has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Archer Daniels Midland in a research report on Wednesday, August 20th. They set a "neutral" rating and a $61.00 price target on the stock. Wall Street Zen upgraded shares of Archer Daniels Midland from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Barclays upgraded shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and boosted their price target for the stock from $50.00 to $61.00 in a research report on Wednesday, August 6th. Morgan Stanley boosted their price target on shares of Archer Daniels Midland from $47.00 to $57.00 and gave the stock an "equal weight" rating in a research report on Tuesday, August 12th. Finally, UBS Group reiterated a "buy" rating and issued a $70.00 target price (up from $60.00) on shares of Archer Daniels Midland in a report on Monday, August 11th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $55.50.

Archer Daniels Midland Company 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.