Canada Pension Plan Investment Board Invests $59.30 Million in Archer Daniels Midland Company $ADM

Key Points

• Canada Pension Plan Investment Board acquired 776,208 ADM shares valued at approximately $59.3 million, giving it a 0.16% stake. Institutional investors collectively own 78.28% of the company.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $79.67; recent actions included upgrades from Zacks and UBS and a downgrade from Wall Street Zen.
• ADM reported quarterly EPS of $1.84, well above the $1.49 consensus estimate, while revenue rose 7.2% year over year to $22.68 billion. The company also declared a quarterly dividend of $0.52 per share, equivalent to a 2.6% annual yield.

Canada Pension Plan Investment Board bought a new position in Archer Daniels Midland Company (NYSE:ADM - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 776,208 shares of the company's stock, valued at approximately $59,302,000. Canada Pension Plan Investment Board owned about 0.16% of Archer Daniels Midland as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of ADM. Kelleher Financial Advisors acquired a new position in shares of Archer Daniels Midland in the 2nd quarter valued at $25,000. Motiv8 Investments LLC purchased a new stake in shares of Archer Daniels Midland during the 4th quarter valued at $26,000. Sankala Group LLC acquired a new stake in shares of Archer Daniels Midland during the 4th quarter worth $28,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Archer Daniels Midland in the 4th quarter worth $29,000. Finally, Global Trust Asset Management LLC purchased a new position in shares of Archer Daniels Midland in the 1st quarter worth $29,000. Institutional investors and hedge funds own 78.28% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ADM. Wall Street Zen downgraded Archer Daniels Midland from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 23rd. Weiss Ratings upgraded Archer Daniels Midland from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday, August 5th. Zacks Research raised Archer Daniels Midland from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 6th. UBS Group boosted their target price on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a "buy" rating in a report on Monday, June 15th. Finally, Morgan Stanley raised shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and increased their target price for the stock from $60.00 to $79.00 in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $79.67.

Archer Daniels Midland Trading Down 1.2%

ADM opened at $79.12 on Friday. The firm's 50 day moving average is $80.05 and its 200-day moving average is $75.73. Archer Daniels Midland Company has a 52-week low of $55.58 and a 52-week high of $88.46. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $38.13 billion, a P/E ratio of 21.68 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.35. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The business had revenue of $22.68 billion during the quarter, compared to the consensus estimate of $22.75 billion. During the same period in the prior year, the firm earned $0.93 earnings per share. The business's quarterly revenue was up 7.2% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Analysts expect that Archer Daniels Midland Company will post 5.46 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. Archer Daniels Midland's dividend payout ratio (DPR) is presently 56.99%.

Archer Daniels Midland Profile

Archer Daniels Midland Company (ADM) is a global agricultural processor and food-ingredient provider that sources, transports and processes oilseeds, corn, wheat and other agricultural commodities. The company operates large-scale crushing, refining and processing facilities that produce vegetable oils, protein meals, corn sweeteners, starches, ethanol, animal feeds and a wide range of food and industrial ingredients. ADM also develops specialty ingredients and solutions for human and animal nutrition, food and beverage formulation, and industrial applications such as bio-based materials and renewable fuels.

ADM's business combines commodity origination and merchandising with downstream manufacturing and ingredient formulation.

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