Deutsche Bank AG Invests $178.09 Million in Archer Daniels Midland Company $ADM

Key Points

• Deutsche Bank initiated a major ADM position, purchasing 2.33 million shares worth approximately $178.1 million, representing 0.48% of Archer Daniels Midland. Institutional investors collectively own 78.28% of the company.
• ADM reported quarterly EPS of $1.84, beating estimates of $1.49, while revenue rose 7.2% year over year to $22.68 billion. Analysts expect full-year EPS of approximately $5.46.
• The stock has a consensus “Hold” rating and an average price target of $79.67, despite recent analyst upgrades. ADM also declared a quarterly dividend of $0.52 per share, equivalent to a 2.5% annual yield.

Deutsche Bank AG purchased a new stake in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,330,978 shares of the company's stock, valued at approximately $178,087,000. Deutsche Bank AG owned 0.48% of Archer Daniels Midland as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of ADM. Kelleher Financial Advisors acquired a new stake in Archer Daniels Midland in the second quarter worth about $25,000. Motiv8 Investments LLC acquired a new position in Archer Daniels Midland during the 4th quarter valued at about $26,000. Sankala Group LLC bought a new stake in shares of Archer Daniels Midland during the 4th quarter worth about $28,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Archer Daniels Midland during the 4th quarter worth about $29,000. Finally, Global Trust Asset Management LLC acquired a new stake in shares of Archer Daniels Midland in the 1st quarter worth approximately $29,000. 78.28% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ADM. JPMorgan Chase & Co. raised their price objective on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an "underweight" rating in a research note on Wednesday, May 6th. Weiss Ratings upgraded Archer Daniels Midland from a "hold (c)" rating to a "hold (c+)" rating in a research 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. Wall Street Zen upgraded Archer Daniels Midland from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Finally, Barclays boosted their price objective on Archer Daniels Midland from $85.00 to $90.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $79.67.

Archer Daniels Midland Stock Performance

Shares of ADM opened at $82.54 on Wednesday. The firm's 50 day moving average is $79.85 and its 200-day moving average is $75.10. The stock has a market capitalization of $39.78 billion, a P/E ratio of 22.61 and a beta of 0.62. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. Archer Daniels Midland Company has a 12-month low of $55.58 and a 12-month high of $88.46.

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

Archer Daniels Midland Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be issued a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $2.08 annualized dividend and a dividend yield of 2.5%. Archer Daniels Midland's dividend payout ratio is currently 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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