Archford Capital Strategies LLC Invests $319,000 in Archer Daniels Midland Company $ADM

Key Points

• Archford Capital Strategies LLC invested approximately $319,000 in Archer Daniels Midland Company by acquiring 6,036 shares during the second quarter.
• Analysts have set new price targets for Archer Daniels Midland, with Morgan Stanley raising its target to $57.00 and UBS increasing theirs to $70.00, reflecting a generally positive outlook.
• Archer Daniels Midland recently announced a quarterly dividend of $0.51, representing a 3.4% yield, while its dividend payout ratio stands at approximately 89.87%.

Archford Capital Strategies LLC acquired a new stake in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,036 shares of the company's stock, valued at approximately $319,000.

Other institutional investors also recently added to or reduced their stakes in the company. S.A. Mason LLC bought a new stake in Archer Daniels Midland during the first quarter valued at about $25,000. Headlands Technologies LLC bought a new stake in Archer Daniels Midland during the first quarter valued at about $25,000. ORG Partners LLC boosted its position in Archer Daniels Midland by 297.2% during the first quarter. ORG Partners LLC now owns 699 shares of the company's stock valued at $34,000 after purchasing an additional 523 shares in the last quarter. NBC Securities Inc. bought a new stake in Archer Daniels Midland during the first quarter valued at about $37,000. Finally, Capital Advisors Ltd. LLC boosted its position in 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 purchasing an additional 237 shares in the last quarter. Institutional investors own 78.28% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on ADM shares. Morgan Stanley raised 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. UBS Group reiterated a "buy" rating and issued a $70.00 price target (up from $60.00) on shares of Archer Daniels Midland in a research note on Monday, August 11th. JPMorgan Chase & Co. initiated coverage on Archer Daniels Midland in a research note on Wednesday, August 20th. They issued a "neutral" rating and a $61.00 price target for the company. Wall Street Zen upgraded Archer Daniels Midland from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, Barclays upgraded Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and increased their price target for the company from $50.00 to $61.00 in a research note on Wednesday, August 6th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $55.50.

Archer Daniels Midland Trading Down 0.4%

Shares of NYSE:ADM opened at $60.36 on Tuesday. Archer Daniels Midland Company has a 52-week low of $40.98 and a 52-week high of $64.38. The stock has a market cap of $29.00 billion, a price-to-earnings ratio of 26.59, a PEG ratio of 3.23 and a beta of 0.68. The company has a quick ratio of 0.90, a current ratio of 1.42 and a debt-to-equity ratio of 0.34. The business has a 50-day moving average price of $59.70 and a 200-day moving average price of $52.97.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.05. Archer Daniels Midland had a return on equity of 8.43% and a net margin of 1.33%.The firm had revenue of $21.17 billion during the quarter, compared to analysts' expectations of $21.56 billion. During the same period last year, the business posted $1.03 earnings per share. The company's revenue for the quarter 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 analysts predict that Archer Daniels Midland Company will post 4.31 EPS for the current year.

Archer Daniels Midland Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Wednesday, August 20th were paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Wednesday, August 20th. Archer Daniels Midland's dividend payout ratio (DPR) is presently 89.87%.

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.

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