Core Capital Management & Research inc. Invests $973,000 in Archer Daniels Midland Company $ADM

Key Points

• Core Capital Management & Research purchased 12,122 shares of Archer Daniels Midland worth approximately $973,000 during the second quarter. Institutional investors collectively own 78.28% of ADM’s stock.
• Analysts maintain a consensus “Hold” rating, with an average price target of $79.67, despite some firms raising their targets and ratings.
• ADM reported quarterly earnings of $1.84 per share, beating estimates of $1.49, while revenue rose 7.2% year over year to $22.68 billion. The company also declared a quarterly dividend of $0.52 per share, representing a 2.4% annualized yield.

Core Capital Management & Research inc. purchased a new stake in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,122 shares of the company's stock, valued at approximately $973,000.

Several other institutional investors have also recently bought and sold shares of ADM. Kelleher Financial Advisors bought a new stake in shares of Archer Daniels Midland during the second quarter worth $25,000. Orion Capital Management LLC acquired a new stake in shares of Archer Daniels Midland in the second quarter valued at $27,000. Global Trust Asset Management LLC bought a new position in shares of Archer Daniels Midland in the first quarter valued at about $29,000. OP Asset Management Ltd acquired a new position in Archer Daniels Midland during the 1st quarter worth about $30,000. Finally, Motiv8 Investments LLC bought a new stake in Archer Daniels Midland during the 4th quarter worth about $26,000. Institutional investors own 78.28% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on ADM shares. Barclays raised their price objective on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 5th. UBS Group increased their price target on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a "buy" rating in a research note on Monday, June 15th. Wall Street Zen lowered shares of Archer Daniels Midland from a "strong-buy" rating to a "buy" rating in a report on Tuesday. Morgan Stanley upgraded shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and boosted their price objective for the stock from $60.00 to $79.00 in a research report on Wednesday, August 5th. Finally, Weiss Ratings raised Archer Daniels Midland from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $79.67.

Archer Daniels Midland Stock Performance

Archer Daniels Midland stock opened at $86.47 on Thursday. The company has a market cap of $41.68 billion, a PE ratio of 23.69, a PEG ratio of 2.58 and a beta of 0.62. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27. Archer Daniels Midland Company has a 1 year low of $55.58 and a 1 year high of $88.46. The company's 50-day moving average is $81.49 and its two-hundred day moving average is $76.71.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping analysts' consensus estimates 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 previous year, the firm posted $0.93 earnings per share. Archer Daniels Midland's revenue for the quarter 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. Equities analysts anticipate that Archer Daniels Midland Company will post 5.46 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were paid a $0.52 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.4%. Archer Daniels Midland's dividend payout ratio is 56.99%.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company NYSE: ADM is a global agricultural origination and processing company. Founded in 1902, ADM connects farmers and agricultural markets with food, beverage, animal nutrition and industrial customers by sourcing, transporting, storing and processing crops and other agricultural commodities.

The company's operations include the processing of oilseeds such as soybeans, canola and sunflower seeds into vegetable oils, protein meals and other ingredients. ADM also produces corn and wheat-based sweeteners, starches, flours, fibers and other carbohydrate products, along with plant-based proteins, flavors, emulsifiers and specialty ingredients used in food and beverage manufacturing.

ADM serves customers in markets around the world through its agricultural services, commodity merchandising, transportation, processing and storage networks.

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