Archer Daniels Midland Company $ADM Position Reduced by Inspire Investing LLC

Key Points

• Inspire Investing cut its ADM position by 93.2% in the third quarter, selling 55,916 shares and retaining 4,083 shares valued at approximately $324,000. Institutional investors collectively own 78.28% of the company.
• ADM shares opened at $76.97, with the stock valued at approximately $37.1 billion. The company reported quarterly EPS of $1.84, exceeding estimates of $1.49, while revenue rose 7.2% year over year to $22.68 billion.
• ADM declared a quarterly dividend of $0.52 per share, equivalent to an annualized $2.08 payout and a 2.7% yield. Analysts maintain a consensus “Hold” rating with an average price target of $81.75.

Inspire Investing LLC decreased its position in Archer Daniels Midland Company (NYSE:ADM - Free Report) by 93.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,083 shares of the company's stock after selling 55,916 shares during the quarter. Inspire Investing LLC's holdings in Archer Daniels Midland were worth $324,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE bought a new stake in Archer Daniels Midland during the second quarter valued at approximately $180,096,000. Hsbc Holdings PLC bought a new position in Archer Daniels Midland in the second quarter worth approximately $76,067,000. Empowered Funds LLC purchased a new position in shares of Archer Daniels Midland during the 2nd quarter worth $2,585,000. TD Waterhouse Canada Inc. boosted its stake in shares of Archer Daniels Midland by 23.2% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 125,876 shares of the company's stock worth $10,024,000 after acquiring an additional 23,718 shares during the last quarter. Finally, Jupiter Topco LLC bought a new stake in shares of Archer Daniels Midland during the 2nd quarter valued at $8,819,000. 78.28% of the stock is owned by hedge funds and other institutional investors.

Archer Daniels Midland Trading Up 0.1%

Shares of Archer Daniels Midland stock opened at $76.97 on Monday. The company has a market capitalization of $37.10 billion, a P/E ratio of 21.09, a P/E/G ratio of 2.32 and a beta of 0.63. 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 company has a fifty day moving average of $81.87 and a 200 day moving average of $76.39. Archer Daniels Midland Company has a fifty-two week low of $55.58 and a fifty-two week high of $88.75.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating analysts' consensus estimates of $1.49 by $0.35. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%. The business had revenue of $22.68 billion for the quarter, compared to analysts' expectations of $22.75 billion. During the same period last year, the firm earned $0.93 earnings per share. The business's quarterly revenue was up 7.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, sell-side analysts anticipate that Archer Daniels Midland Company will post 5.52 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th were given a dividend of $0.52 per share. The ex-dividend date was Wednesday, August 19th. This represents a $2.08 annualized dividend and a dividend yield of 2.7%. Archer Daniels Midland's dividend payout ratio (DPR) is currently 56.99%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on ADM shares. JPMorgan Chase & Co. reduced their price objective on Archer Daniels Midland from $77.00 to $75.00 and set an "underweight" rating for the company in a research note on Monday, October 12th. Jefferies Financial Group lifted their target price on Archer Daniels Midland from $88.00 to $89.00 in a research report on Monday, October 19th. Wall Street Zen raised Archer Daniels Midland from a "buy" rating to a "strong-buy" rating in a report on Saturday. Stephens upped their price target on Archer Daniels Midland from $80.00 to $85.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 21st. Finally, William Blair began coverage on Archer Daniels Midland in a research note on Tuesday, September 15th. They issued a "buy" rating on the stock. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, Archer Daniels Midland presently has an average rating of "Hold" and an average price target of $81.75.

About Archer Daniels Midland

Archer Daniels Midland Company NYSE: ADM is a global agricultural origination and processing company. Founded in 1902, ADM connects farmers and producers with markets worldwide by sourcing, transporting, storing and processing crops and other agricultural commodities.

The company processes oilseeds, corn, wheat and other crops into ingredients and products used in food and beverages, animal nutrition, renewable fuels and industrial applications. Its offerings include vegetable oils, protein meals, sweeteners, starches, flour, food ingredients, animal feed ingredients and biofuels, as well as specialty ingredients developed through its nutrition businesses.

ADM operates an integrated network of agricultural facilities, processing plants, transportation assets and commercial offices serving customers across North America, South America, Europe, Asia and other international markets.

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