Groupe la Francaise Purchases Shares of 57,586 Archer Daniels Midland Company $ADM

Key Points

• Groupe la Française acquired 57,586 ADM shares during the second quarter, valued at approximately $4.4 million. Institutional investors collectively own 78.28% of Archer Daniels Midland.
• Analyst sentiment remains mixed, with ADM holding a consensus “Hold” rating and an average price target of $79.67, below its reported opening price of $84.66.
• ADM reported quarterly EPS of $1.84, beating estimates of $1.49, while revenue increased 7.2% year over year to $22.68 billion. The company also declared a quarterly dividend of $0.52 per share, representing a 2.5% annualized yield.

Groupe la Francaise acquired a new position in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 57,586 shares of the company's stock, valued at approximately $4,400,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. BlackRock Inc. acquired a new position in shares of Archer Daniels Midland during the 2nd quarter worth approximately $3,409,089,000. California State Teachers Retirement System raised its stake in Archer Daniels Midland by 7,551.0% in the second quarter. California State Teachers Retirement System now owns 42,784,458 shares of the company's stock valued at $3,268,733,000 after buying an additional 42,225,256 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Archer Daniels Midland by 2.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 18,829,140 shares of the company's stock valued at $1,082,487,000 after buying an additional 449,815 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Archer Daniels Midland by 2.2% during the 2nd quarter. Wellington Management Group LLP now owns 17,670,220 shares of the company's stock worth $1,350,005,000 after acquiring an additional 382,460 shares during the last quarter. Finally, Dodge & Cox raised its stake in Archer Daniels Midland by 13.4% in the 4th quarter. Dodge & Cox now owns 17,084,645 shares of the company's stock valued at $982,196,000 after acquiring an additional 2,016,101 shares during the period. Institutional investors own 78.28% of the company's stock.

Analyst Ratings Changes

ADM has been the topic of several research reports. Wall Street Zen downgraded shares of Archer Daniels Midland from a "strong-buy" rating to a "buy" rating in a report on Tuesday. Zacks Research upgraded shares of Archer Daniels Midland from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 6th. Barclays upped their target price on 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. Weiss Ratings upgraded Archer Daniels Midland from a "hold (c)" rating to a "hold (c+)" rating in a research note on Wednesday, August 5th. Finally, Morgan Stanley upgraded Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and increased their price objective for the stock from $60.00 to $79.00 in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Archer Daniels Midland currently has a consensus rating of "Hold" and an average price target of $79.67.

Archer Daniels Midland Trading Up 0.1%

ADM opened at $84.66 on Tuesday. The stock has a market capitalization of $40.80 billion, a price-to-earnings ratio of 23.19, a P/E/G ratio of 2.58 and a beta of 0.62. 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 Company has a twelve month low of $55.58 and a twelve month high of $88.46. The company has a 50-day simple moving average of $81.13 and a 200 day simple moving average of $76.47.

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. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The firm had revenue of $22.68 billion for the quarter, compared to analyst estimates of $22.75 billion. During the same period last year, the firm earned $0.93 EPS. The business's quarterly revenue 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. Analysts predict that Archer Daniels Midland Company will post 5.46 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, August 19th. Archer Daniels Midland's dividend payout ratio (DPR) is 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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