Humankind Investments LLC Boosts Stake in Archer Daniels Midland Company $ADM

Key Points

• Humankind Investments LLC has increased its stake in Archer Daniels Midland Company by 13.2% in the first quarter, acquiring a total of 52,062 shares valued at approximately $2.5 million.
• The company reported earnings of $0.93 EPS for the recent quarter, beating estimates, although revenue fell by 4.9% year-over-year, totaling $21.17 billion.
• Archer Daniels Midland's quarterly dividend of $0.51 will be paid on September 10th, with a current dividend yield of 3.4%.

Humankind Investments LLC raised its holdings in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) by 13.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 52,062 shares of the company's stock after purchasing an additional 6,071 shares during the period. Archer Daniels Midland accounts for 0.7% of Humankind Investments LLC's portfolio, making the stock its 23rd largest position. Humankind Investments LLC's holdings in Archer Daniels Midland were worth $2,499,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. S.A. Mason LLC bought a new stake in shares of Archer Daniels Midland during the first quarter valued at approximately $25,000. Headlands Technologies LLC bought a new position in Archer Daniels Midland in the 1st quarter valued at approximately $25,000. ORG Partners LLC lifted its position in Archer Daniels Midland by 297.2% in the 1st quarter. ORG Partners LLC now owns 699 shares of the company's stock valued at $34,000 after acquiring an additional 523 shares in the last quarter. NBC Securities Inc. bought a new position in Archer Daniels Midland in the 1st quarter valued at approximately $37,000. Finally, Capital Advisors Ltd. LLC lifted its position in Archer Daniels Midland by 43.4% in the 1st quarter. Capital Advisors Ltd. LLC now owns 783 shares of the company's stock valued at $38,000 after acquiring an additional 237 shares in the last quarter. Institutional investors own 78.28% of the company's stock.

Archer Daniels Midland Stock Performance

Shares of NYSE ADM traded up $1.8230 during midday trading on Friday, hitting $62.9430. 5,237,137 shares of the stock traded hands, compared to its average volume of 3,549,769. 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 firm has a market capitalization of $30.24 billion, a P/E ratio of 27.73, a PEG ratio of 3.25 and a beta of 0.68. Archer Daniels Midland Company has a one year low of $40.98 and a one year high of $63.40. The firm has a 50-day moving average of $55.67 and a two-hundred day moving average of $50.23.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.88 by $0.05. The firm had revenue of $21.17 billion during 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%.Archer Daniels Midland's revenue was down 4.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.03 EPS. Archer Daniels Midland has set its FY 2025 guidance at 4.000-4.000 EPS. On average, equities analysts forecast that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts recently issued reports on ADM shares. JPMorgan Chase & Co. started coverage on Archer Daniels Midland in a research report on Wednesday. They issued a "neutral" rating and a $61.00 price objective on the stock. Wall Street Zen raised Archer Daniels Midland from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. UBS Group reaffirmed a "buy" rating and issued a $70.00 price objective (up from $60.00) on shares of Archer Daniels Midland in a research report on Monday, August 11th. Bank of America cut Archer Daniels Midland from a "neutral" rating to an "underperform" rating and lowered their price objective for the company from $47.00 to $45.00 in a research report on Thursday, May 8th. Finally, Morgan Stanley upped their price objective 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. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $55.50.

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.