International Private Wealth Advisors LLC Makes New Investment in Archer Daniels Midland Company $ADM

Key Points

• International Private Wealth Advisors LLC acquired a new position in Archer Daniels Midland Company (NYSE:ADM), purchasing 7,496 shares valued at approximately $396,000 during the second quarter.
• Archer Daniels Midland reported a quarterly earnings per share (EPS) of $0.93, beating analysts' expectations of $0.88, but saw a 4.9% decline in revenue year-over-year.
• The company recently declared a quarterly dividend of $0.51, representing an annual yield of 3.4% and a dividend payout ratio of 89.87%.

International Private Wealth Advisors LLC bought a new stake in Archer Daniels Midland Company (NYSE:ADM - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,496 shares of the company's stock, valued at approximately $396,000.

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

Archer Daniels Midland Price Performance

Archer Daniels Midland stock traded up $0.78 during midday trading on Friday, reaching $61.61. 11,658,514 shares of the stock were exchanged, compared to its average volume of 3,182,695. The company's fifty day moving average is $58.91 and its 200-day moving average is $52.42. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.90 and a current ratio of 1.42. The firm has a market cap of $29.60 billion, a PE ratio of 27.14, a PEG ratio of 3.28 and a beta of 0.69. Archer Daniels Midland Company has a 52 week low of $40.98 and a 52 week high of $64.38.

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

Archer Daniels Midland Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Wednesday, August 20th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Wednesday, August 20th. Archer Daniels Midland's payout ratio is currently 89.87%.

Analyst Upgrades and Downgrades

ADM has been the topic of several research reports. JPMorgan Chase & Co. initiated coverage on shares of Archer Daniels Midland in a research report on Wednesday, August 20th. They issued a "neutral" rating and a $61.00 price target on the stock. Wall Street Zen raised shares of Archer Daniels Midland from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. UBS Group reissued a "buy" rating and issued a $70.00 price target (up previously from $60.00) on shares of Archer Daniels Midland in a research report on Monday, August 11th. Barclays raised shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and boosted their price target for the company from $50.00 to $61.00 in a research report on Wednesday, August 6th. Finally, Morgan Stanley boosted their price target on shares of Archer Daniels Midland from $47.00 to $57.00 and gave the company an "equal weight" rating in a research report on Tuesday, August 12th. One 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 stock. According to data from MarketBeat.com, Archer Daniels Midland currently has a consensus rating of "Hold" and a consensus target price of $55.50.

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.