Dimensional Fund Advisors LP Grows Position in Archer Daniels Midland Company $ADM

Key Points

• Dimensional Fund Advisors LP increased its stake in Archer Daniels Midland Company by 6.5%, owning a total of over 3 million shares worth approximately $144.8 million.
• Analysts have recently revised their price targets for Archer Daniels Midland, with Morgan Stanley raising its target from $47 to $57, while UBS Group increased its target to $70.
• Archer Daniels Midland announced a quarterly dividend of $0.51, which will be paid to stockholders on September 10, representing an annualized dividend yield of 3.4%.

Dimensional Fund Advisors LP increased its position in Archer Daniels Midland Company (NYSE:ADM - Free Report) by 6.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,015,752 shares of the company's stock after buying an additional 184,852 shares during the quarter. Dimensional Fund Advisors LP owned 0.63% of Archer Daniels Midland worth $144,783,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. S.A. Mason LLC purchased a new position in shares of Archer Daniels Midland in the first quarter valued at about $25,000. Headlands Technologies LLC purchased a new position in Archer Daniels Midland during the 1st quarter valued at about $25,000. ORG Partners LLC raised its position in Archer Daniels Midland by 297.2% during the 1st quarter. ORG Partners LLC now owns 699 shares of the company's stock valued at $34,000 after purchasing an additional 523 shares during the last quarter. NBC Securities Inc. purchased a new stake in Archer Daniels Midland in the 1st quarter worth approximately $37,000. Finally, Capital Advisors Ltd. LLC grew its position in shares of Archer Daniels Midland by 43.4% in the 1st quarter. Capital Advisors Ltd. LLC now owns 783 shares of the company's stock worth $38,000 after buying an additional 237 shares during the last quarter. 78.28% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ADM has been the subject of a number of recent analyst reports. Morgan Stanley upped their target price on Archer Daniels Midland from $47.00 to $57.00 and gave the company an "equal weight" rating in a report on Tuesday, August 12th. Barclays upgraded shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and raised their price objective for the stock from $50.00 to $61.00 in a report on Wednesday, August 6th. Wall Street Zen raised Archer Daniels Midland from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Bank of America lowered Archer Daniels Midland from a "neutral" rating to an "underperform" rating and dropped their price target for the company from $47.00 to $45.00 in a research report on Thursday, May 8th. Finally, UBS Group reaffirmed a "buy" rating and issued a $70.00 price target (up from $60.00) on shares of Archer Daniels Midland in a research note on Monday, August 11th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Archer Daniels Midland presently has a consensus rating of "Hold" and an average price target of $55.50.

Archer Daniels Midland Stock Up 1.2%

Shares of NYSE:ADM opened at $60.6890 on Thursday. The company has a current ratio of 1.42, a quick ratio of 0.90 and a debt-to-equity ratio of 0.34. The stock has a fifty day simple moving average of $55.22 and a two-hundred day simple moving average of $50.05. Archer Daniels Midland Company has a 12-month low of $40.98 and a 12-month high of $62.61. The stock has a market capitalization of $29.16 billion, a price-to-earnings ratio of 26.74, a PEG ratio of 3.19 and a beta of 0.68.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.05. The firm had revenue of $21.17 billion during the quarter, compared to the consensus estimate of $21.56 billion. Archer Daniels Midland had a return on equity of 8.43% and a net margin of 1.33%.The company's revenue was down 4.9% on a year-over-year basis. During the same period last year, the company earned $1.03 earnings per share. Archer Daniels Midland has set its FY 2025 guidance at 4.000-4.000 EPS. On average, research analysts anticipate that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Wednesday, August 20th will be paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Wednesday, August 20th. Archer Daniels Midland's dividend payout ratio is currently 89.87%.

Archer Daniels Midland Company Profile

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.

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