Brandywine Global Investment Management LLC Has $40.42 Million Stake in Archer Daniels Midland Company $ADM

Key Points

• Brandywine Global Investment Management LLC increased its stake in Archer Daniels Midland Company by 23.1% during the first quarter, now owning approximately 841,794 shares worth about $40.4 million.
• Archer Daniels Midland reported a quarterly earnings of $0.93 per share, surpassing analyst expectations, but showed a 4.9% decline in revenue compared to the previous year.
• The company announced a quarterly dividend of $0.51 per share, with a dividend yield of 3.4% and a payout ratio of 89.87%.

Brandywine Global Investment Management LLC raised its stake in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) by 23.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 841,794 shares of the company's stock after buying an additional 157,860 shares during the period. Brandywine Global Investment Management LLC owned about 0.18% of Archer Daniels Midland worth $40,415,000 as of its most recent SEC filing.

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

Archer Daniels Midland Stock Performance

Shares of ADM stock traded up $0.2710 during trading on Tuesday, reaching $59.9410. 3,423,586 shares of the company's stock were exchanged, compared to its average volume of 3,959,255. Archer Daniels Midland Company has a twelve month low of $40.98 and a twelve month high of $62.61. The stock has a market capitalization of $28.80 billion, a PE ratio of 26.41, a PEG ratio of 3.18 and a beta of 0.68. The firm's fifty day moving average price is $54.75 and its 200-day moving average price is $49.91. The company has a quick ratio of 0.90, a current ratio of 1.42 and a debt-to-equity ratio of 0.34.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.88 by $0.05. The business had revenue of $21.17 billion during the quarter, compared to the consensus estimate of $21.56 billion. Archer Daniels Midland had a net margin of 1.33% and a return on equity of 8.43%. Archer Daniels Midland's revenue was down 4.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.03 EPS. Archer Daniels Midland has set its FY 2025 guidance at 4.000-4.000 EPS. As a group, sell-side analysts anticipate that Archer Daniels Midland Company will post 4.31 EPS for the current year.

Archer Daniels Midland Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Wednesday, August 20th will be paid a $0.51 dividend. The ex-dividend date is Wednesday, August 20th. This represents a $2.04 annualized dividend and a yield of 3.4%. Archer Daniels Midland's payout ratio is 89.87%.

Analyst Upgrades and Downgrades

ADM has been the subject of a number of recent analyst reports. 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 report on Tuesday, August 12th. UBS Group reaffirmed a "buy" rating and set a $70.00 target price (up previously from $60.00) on shares of Archer Daniels Midland in a report on Monday, August 11th. 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. Bank of America cut Archer Daniels Midland from a "neutral" rating to an "underperform" rating and decreased their target price for the company from $47.00 to $45.00 in a research note on Thursday, May 8th. Finally, Barclays raised shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and increased their price objective for the stock from $50.00 to $61.00 in a research report on Wednesday, August 6th. One investment analyst has 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, Archer Daniels Midland currently has a consensus rating of "Hold" and an average target price of $54.71.

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.