Intrua Financial LLC Acquires Shares of 9,861 Archer Daniels Midland Company $ADM

Key Points

• Intrua Financial LLC has acquired 9,861 shares of Archer Daniels Midland Company, valued at approximately $473,000 in the first quarter.
• Institutional investors now hold 78.28% of Archer Daniels Midland's shares, with several firms increasing their stakes significantly during the same period.
• Archer Daniels Midland recently declared a quarterly dividend of $0.51 per share, reflecting an annualized yield of 3.3%, while the company reported a net margin of 1.33% for its latest quarter.

Intrua Financial LLC purchased a new stake in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,861 shares of the company's stock, valued at approximately $473,000.

A number of other large investors also recently made changes to their positions in the company. Foundations Investment Advisors LLC increased its holdings in Archer Daniels Midland by 5.4% during the first quarter. Foundations Investment Advisors LLC now owns 4,310 shares of the company's stock worth $207,000 after buying an additional 220 shares during the last quarter. Capital Advisors Ltd. LLC increased its stake 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 worth $38,000 after purchasing an additional 237 shares in the last quarter. Sagespring Wealth Partners LLC increased its stake in shares of Archer Daniels Midland by 4.1% in the first quarter. Sagespring Wealth Partners LLC now owns 6,023 shares of the company's stock worth $289,000 after purchasing an additional 239 shares in the last quarter. Stolper Co increased its stake in shares of Archer Daniels Midland by 0.8% in the first quarter. Stolper Co now owns 33,691 shares of the company's stock worth $1,618,000 after purchasing an additional 275 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC increased its stake in shares of Archer Daniels Midland by 6.6% in the first quarter. Fifth Third Wealth Advisors LLC now owns 5,296 shares of the company's stock worth $254,000 after purchasing an additional 326 shares in the last quarter. 78.28% of the stock is owned by institutional investors.

Archer Daniels Midland Trading Up 0.4%

Shares of NYSE ADM traded up $0.24 during mid-day trading on Friday, hitting $61.66. The stock had a trading volume of 2,289,866 shares, compared to its average volume of 3,289,332. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.90 and a current ratio of 1.42. Archer Daniels Midland Company has a 1 year low of $40.98 and a 1 year high of $64.38. The business has a 50 day moving average price of $58.24 and a two-hundred day moving average price of $51.91. The firm has a market cap of $29.63 billion, a P/E ratio of 27.16, a price-to-earnings-growth ratio of 3.28 and a beta of 0.68.

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

Archer Daniels Midland Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Wednesday, August 20th were given a dividend of $0.51 per share. 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 presently 89.87%.

Analysts Set New Price Targets

Several research firms have recently weighed in on ADM. Barclays upgraded shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and lifted their target price for the stock from $50.00 to $61.00 in a research note on Wednesday, August 6th. Morgan Stanley raised their price objective 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. UBS Group restated a "buy" rating and issued a $70.00 price objective (up from $60.00) on shares of Archer Daniels Midland in a research report on Monday, August 11th. Wall Street Zen upgraded shares of Archer Daniels Midland from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Archer Daniels Midland in a research report on Wednesday, August 20th. They set a "neutral" rating and a $61.00 target price for the company. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $55.50.

About Archer Daniels Midland

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.