National Pension Service Acquires 99,847 Shares of Archer Daniels Midland Company $ADM

Key Points

• The National Pension Service increased its stake in Archer Daniels Midland Company by 12.1%, acquiring an additional 99,847 shares, bringing its total holdings to 922,236 shares valued at approximately $44.3 million.
• Archer Daniels Midland recently reported earnings of $0.93 per share, exceeding analyst expectations of $0.88, but showed a 4.9% decrease in quarterly revenue compared to the previous year.
• The company announced a quarterly dividend of $0.51 per share with a yield of 3.4%, set to be paid on September 10th, with an ex-dividend date of August 20th.

National Pension Service increased its position in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) by 12.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 922,236 shares of the company's stock after buying an additional 99,847 shares during the period. National Pension Service owned 0.19% of Archer Daniels Midland worth $44,277,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. S.A. Mason LLC bought a new stake in shares of Archer Daniels Midland during the first quarter valued at approximately $25,000. Headlands Technologies LLC bought a new position in shares of Archer Daniels Midland in the first quarter valued at $25,000. ORG Partners LLC increased its position in shares of Archer Daniels Midland by 297.2% during the first quarter. ORG Partners LLC now owns 699 shares of the company's stock worth $34,000 after acquiring an additional 523 shares in the last quarter. NBC Securities Inc. acquired a new stake in shares of Archer Daniels Midland in the 1st quarter worth about $37,000. Finally, Capital Advisors Ltd. LLC boosted its stake in Archer Daniels Midland by 43.4% during the 1st 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 last quarter. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ADM. Barclays upgraded shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and boosted their price target for the stock from $50.00 to $61.00 in a report on Wednesday, August 6th. Morgan Stanley upped their price objective on 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 set a $70.00 price target (up previously from $60.00) on shares of Archer Daniels Midland in a research note on Monday, August 11th. Wall Street Zen raised Archer Daniels Midland from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Bank of America cut Archer Daniels Midland from a "neutral" rating to an "underperform" rating and dropped their price target for the company from $47.00 to $45.00 in a research report on Thursday, May 8th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $54.71.

Archer Daniels Midland Price Performance

NYSE ADM traded down $0.1820 on Tuesday, hitting $59.4880. The stock had a trading volume of 973,253 shares, compared to its average volume of 3,951,228. The firm has a 50-day moving average of $54.75 and a 200-day moving average of $49.91. The company has a market capitalization of $28.58 billion, a price-to-earnings ratio of 26.25, a price-to-earnings-growth ratio of 3.18 and a beta of 0.68. 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 52-week low of $40.98 and a 52-week high of $62.61.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.05. The firm had revenue of $21.17 billion for the quarter, compared to analysts' expectations of $21.56 billion. Archer Daniels Midland had a net margin of 1.33% and a return on equity of 8.43%. The business's quarterly revenue was down 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.03 earnings per share. 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 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Wednesday, August 20th will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Wednesday, August 20th. This represents a $2.04 annualized dividend and a dividend yield of 3.4%. Archer Daniels Midland's payout ratio is presently 89.87%.

Archer Daniels Midland 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.