Commerce Bank Buys Shares of 46,175 Archer Daniels Midland Company $ADM

Commerce Bank acquired a new stake in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 46,175 shares of the company's stock, valued at approximately $3,528,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in shares of Archer Daniels Midland by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 59,180,117 shares of the company's stock worth $3,402,265,000 after acquiring an additional 536,265 shares during the period. BlackRock Inc. acquired a new position in shares of Archer Daniels Midland during the second quarter valued at approximately $3,409,089,000. Charles Schwab Investment Management Inc. raised its holdings in Archer Daniels Midland by 2.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 18,829,140 shares of the company's stock worth $1,082,487,000 after purchasing an additional 449,815 shares in the last quarter. Dodge & Cox lifted its position in Archer Daniels Midland by 13.4% in the fourth quarter. Dodge & Cox now owns 17,084,645 shares of the company's stock worth $982,196,000 after purchasing an additional 2,016,101 shares during the period. Finally, Geode Capital Management LLC lifted its position in Archer Daniels Midland by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 12,628,065 shares of the company's stock worth $723,175,000 after purchasing an additional 109,556 shares during the period. Institutional investors own 78.28% of the company's stock.

Archer Daniels Midland Price Performance

Shares of NYSE:ADM opened at $78.13 on Tuesday. The company's fifty day moving average is $79.87 and its two-hundred day moving average is $75.46. The company has a market cap of $37.65 billion, a P/E ratio of 21.40 and a beta of 0.62. Archer Daniels Midland Company has a 12-month low of $55.58 and a 12-month 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.

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

Archer Daniels Midland Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.52 per share. The ex-dividend date is Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a yield of 2.7%. Archer Daniels Midland's dividend payout ratio (DPR) is presently 56.99%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ADM shares. Wall Street Zen cut Archer Daniels Midland from a "strong-buy" rating to a "buy" rating in a research report on Sunday. JPMorgan Chase & Co. raised their target price on Archer Daniels Midland from $65.00 to $74.00 and gave the company an "underweight" rating in a research note on Wednesday, May 6th. Morgan Stanley raised Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and lifted their target price for the stock from $60.00 to $79.00 in a report on Wednesday, August 5th. Weiss Ratings upgraded shares of Archer Daniels Midland from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday, August 5th. Finally, Barclays upped their price target on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an "equal weight" rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Archer Daniels Midland currently has an average rating of "Hold" and an average target price of $79.67.

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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