TD Waterhouse Canada Inc. lifted its holdings in Archer Daniels Midland Company (NYSE:ADM - Free Report) by 23.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 125,876 shares of the company's stock after purchasing an additional 23,718 shares during the period. TD Waterhouse Canada Inc.'s holdings in Archer Daniels Midland were worth $10,024,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently bought and sold shares of ADM. BlackRock Inc. purchased a new position in Archer Daniels Midland during the second quarter worth approximately $3,409,089,000. Wellington Management Group LLP increased its position in shares of Archer Daniels Midland by 2.2% in the second quarter. Wellington Management Group LLP now owns 17,670,220 shares of the company's stock valued at $1,350,005,000 after buying an additional 382,460 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Archer Daniels Midland by 4.5% in the first quarter. Dimensional Fund Advisors LP now owns 3,806,192 shares of the company's stock valued at $276,647,000 after buying an additional 163,749 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Archer Daniels Midland during the 2nd quarter worth approximately $257,394,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Archer Daniels Midland by 4.1% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,875,370 shares of the company's stock worth $219,678,000 after buying an additional 112,980 shares during the period. Institutional investors and hedge funds own 78.28% of the company's stock.
Archer Daniels Midland Trading Down 0.2%
Shares of Archer Daniels Midland stock opened at $82.47 on Monday. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27. Archer Daniels Midland Company has a twelve month low of $55.58 and a twelve month high of $88.75. The firm has a market capitalization of $39.74 billion, a PE ratio of 22.59, a P/E/G ratio of 2.51 and a beta of 0.64. The firm's 50-day moving average price is $82.36 and its 200 day moving average price is $79.26.
Archer Daniels Midland (NYSE:ADM - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping the consensus estimate 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 company had revenue of $22.68 billion during the quarter, compared to analyst estimates of $22.75 billion. During the same period in the previous year, the business earned $0.93 EPS. Archer Daniels Midland'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 predict that Archer Daniels Midland Company will post 5.50 EPS for the current fiscal year.
Archer Daniels Midland Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were paid a $0.52 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.5%. Archer Daniels Midland's payout ratio is currently 56.99%.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on ADM shares. Barclays increased their target price on Archer Daniels Midland from $85.00 to $90.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 5th. Zacks Research lowered shares of Archer Daniels Midland from a "strong-buy" rating to a "hold" rating in a report on Monday, October 5th. JPMorgan Chase & Co. cut their price target on shares of Archer Daniels Midland from $77.00 to $75.00 and set an "underweight" rating for the company in a report on Monday, October 12th. Morgan Stanley upgraded shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and upped their price objective for the stock from $60.00 to $79.00 in a research report on Wednesday, August 5th. Finally, Weiss Ratings raised shares of Archer Daniels Midland from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, October 8th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $79.83.
Get Our Latest Research Report on Archer Daniels Midland
Archer Daniels Midland Company Profile
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding ADM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Archer Daniels Midland Company (NYSE:ADM - Free Report).

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