Madison Asset Management LLC Takes Position in Archer Daniels Midland Company $ADM

Key Points

• Madison Asset Management initiated a position in Archer Daniels Midland by purchasing 170,500 shares worth approximately $13 million. Institutional investors and hedge funds collectively own 78.28% of ADM.
• Analyst sentiment remains mixed but has recently improved: the consensus rating is “Hold” with an average price target of $79.67, while several firms raised their targets and upgraded the stock to “Strong Buy.”
• ADM reported quarterly EPS of $1.84, beating estimates of $1.49, while revenue rose 7.2% year over year to $22.68 billion. The company also declared a quarterly dividend of $0.52 per share, representing a 2.6% annualized yield.

Madison Asset Management LLC bought a new stake in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 170,500 shares of the company's stock, valued at approximately $13,026,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Kelleher Financial Advisors bought a new position in shares of Archer Daniels Midland in the second quarter worth about $25,000. Motiv8 Investments LLC bought a new stake in Archer Daniels Midland during the 4th quarter valued at approximately $26,000. Sankala Group LLC acquired a new stake in Archer Daniels Midland in the 4th quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC bought a new position in Archer Daniels Midland in the 4th quarter worth approximately $29,000. Finally, Global Trust Asset Management LLC bought a new position in Archer Daniels Midland in the 1st quarter worth approximately $29,000. Institutional investors and hedge funds own 78.28% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on ADM shares. Wall Street Zen raised Archer Daniels Midland from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 15th. Zacks Research raised Archer Daniels Midland from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 6th. UBS Group upped their target price on Archer Daniels Midland from $90.00 to $95.00 and gave the company a "buy" rating in a research note on Monday, June 15th. Barclays raised their target price on Archer Daniels Midland from $85.00 to $90.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an "underweight" rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $79.67.

Archer Daniels Midland Stock Performance

Archer Daniels Midland stock opened at $80.80 on Thursday. The stock has a 50-day simple moving average of $79.84 and a 200 day simple moving average of $75.19. 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 12-month low of $55.58 and a 12-month high of $88.46. The stock has a market capitalization of $38.94 billion, a price-to-earnings ratio of 22.14 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.35. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The firm had revenue of $22.68 billion for the quarter, compared to the consensus estimate of $22.75 billion. During the same quarter in the prior year, the business earned $0.93 EPS. The business's revenue for the quarter 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. On average, research analysts anticipate that Archer Daniels Midland Company will post 5.46 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be issued a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Archer Daniels Midland's payout ratio is 56.99%.

Archer Daniels Midland Company 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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