9,861 Shares in Archer Daniels Midland Company $ADM Acquired by Intrua Financial LLC

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 position in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 9,861 shares of the company's stock, valued at approximately $473,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. S.A. Mason LLC acquired a new position in shares of Archer Daniels Midland in the 1st quarter valued at $25,000. Headlands Technologies LLC purchased a new stake in shares of Archer Daniels Midland in the first quarter valued at $25,000. ORG Partners LLC lifted its holdings in shares of 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 purchasing an additional 523 shares in the last quarter. NBC Securities Inc. purchased a new stake in shares of Archer Daniels Midland in the first quarter valued at $37,000. Finally, Capital Advisors Ltd. LLC lifted its holdings 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 in the last quarter. Institutional investors and hedge funds own 78.28% of the company's stock.

Archer Daniels Midland Price Performance

Archer Daniels Midland stock traded down $0.47 on Wednesday, reaching $61.89. The company's stock had a trading volume of 802,391 shares, compared to its average volume of 3,898,853. 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 company has a market cap of $29.73 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 3.23 and a beta of 0.69. The business's fifty day moving average price is $58.52 and its 200 day moving average price is $52.11. Archer Daniels Midland Company has a twelve month low of $40.98 and a twelve month high of $64.38.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.93 EPS for the quarter, topping analysts' consensus estimates of $0.88 by $0.05. Archer Daniels Midland had a return on equity of 8.43% and a net margin of 1.33%.The company had revenue of $21.17 billion for the quarter, compared to analyst estimates of $21.56 billion. During the same quarter in the previous year, the firm earned $1.03 earnings per share. The business's revenue 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. Equities analysts expect that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have weighed in on ADM shares. Barclays upgraded shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and upped their price objective for the company from $50.00 to $61.00 in a research note on Wednesday, August 6th. Wall Street Zen upgraded shares of Archer Daniels Midland from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Morgan Stanley upped 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 note on Tuesday, August 12th. UBS Group restated a "buy" rating and issued a $70.00 price objective (up previously from $60.00) on shares of Archer Daniels Midland in a research note on Monday, August 11th. Finally, JPMorgan Chase & Co. began 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 on the stock. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Archer Daniels Midland presently 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.