12,236 Shares in Archer Daniels Midland Company $ADM Purchased by Caxton Associates LLP

Key Points

• Caxton Associates LLP acquired a new stake in Archer Daniels Midland Company (NYSE: ADM) during the first quarter, purchasing 12,236 shares valued at approximately $587,000.
• Jefferies Financial Group and MIRAE ASSET GLOBAL have also increased their positions in ADM, with Jefferies lifting its holdings by 34.4% to 32,500 shares valued at around $1.64 million.
• Archer Daniels Midland reported earnings of $0.93 per share for the last quarter, exceeding estimates, though revenue declined 4.9% year-over-year to $21.17 billion.

Caxton Associates LLP purchased a new stake in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 12,236 shares of the company's stock, valued at approximately $587,000.

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

Archer Daniels Midland Stock Performance

ADM stock traded up $0.24 during mid-day trading on Friday, reaching $61.66. 2,289,866 shares of the stock traded hands, compared to its average volume of 3,321,634. 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 Company has a 52 week low of $40.98 and a 52 week high of $64.38. The business has a 50-day moving average of $58.24 and a two-hundred day moving average of $51.91. The firm has a market capitalization of $29.63 billion, a PE ratio of 27.16, a P/E/G ratio of 3.27 and a beta of 0.69.

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

Archer Daniels Midland Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Wednesday, August 20th were paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Wednesday, August 20th. Archer Daniels Midland's dividend payout ratio (DPR) is presently 89.87%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ADM. Wall Street Zen upgraded shares of Archer Daniels Midland from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. UBS Group reiterated a "buy" rating and issued a $70.00 price objective (up from $60.00) on shares of Archer Daniels Midland in a report on Monday, August 11th. JPMorgan Chase & Co. began coverage on shares of Archer Daniels Midland in a report on Wednesday, August 20th. They issued a "neutral" rating and a $61.00 price objective for the company. Barclays upgraded shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and upped their price objective for the stock from $50.00 to $61.00 in a report on Wednesday, August 6th. Finally, Morgan Stanley upped their price objective on shares of Archer Daniels Midland from $47.00 to $57.00 and gave the stock an "equal weight" rating in a report on Tuesday, August 12th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $55.50.

About Archer Daniels Midland

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.