Northwestern Mutual Wealth Management Co. Makes New $10.70 Million Investment in Archer Daniels Midland Company $ADM

Key Points

• Northwestern Mutual Wealth Management purchased 140,111 shares of Archer Daniels Midland valued at approximately $10.7 million during the second quarter. Institutional investors collectively own 78.28% of ADM.
• Analyst sentiment remains mixed but improved, with ADM holding a consensus rating of “Hold” and an average price target of $79.67. Recent changes included upgrades from Morgan Stanley and Zacks Research.
• ADM reported quarterly earnings of $1.84 per share, beating estimates of $1.49, while revenue reached $22.68 billion. The company also declared a $0.52 quarterly dividend, equivalent to a 2.6% annual yield.

Northwestern Mutual Wealth Management Co. bought a new stake in Archer Daniels Midland Company (NYSE:ADM - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 140,111 shares of the company's stock, valued at approximately $10,704,000.

Several other large investors have also modified their holdings of the stock. Kelleher Financial Advisors acquired a new stake in Archer Daniels Midland during the second quarter valued at approximately $25,000. Motiv8 Investments LLC acquired a new position in shares of Archer Daniels Midland in the 4th quarter worth approximately $26,000. Sankala Group LLC bought a new stake in shares of Archer Daniels Midland in the 4th quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Archer Daniels Midland in the 4th quarter valued at approximately $29,000. Finally, Global Trust Asset Management LLC acquired a new stake in shares of Archer Daniels Midland during the 1st quarter valued at approximately $29,000. Institutional investors own 78.28% of the company's stock.

Analyst Upgrades and Downgrades

ADM has been the subject of a number of research reports. Barclays lifted their price objective on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 5th. Morgan Stanley raised Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and upped their target price for the company from $60.00 to $79.00 in a report on Wednesday, August 5th. Weiss Ratings raised Archer Daniels Midland from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday, August 5th. Wall Street Zen downgraded Archer Daniels Midland from a "strong-buy" rating to a "buy" rating in a research note on Sunday. Finally, Zacks Research upgraded shares of Archer Daniels Midland from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Archer Daniels Midland currently has an average rating of "Hold" and a consensus target price of $79.67.

Archer Daniels Midland Price Performance

Shares of ADM opened at $80.10 on Friday. Archer Daniels Midland Company has a one year low of $55.58 and a one year high of $88.46. The stock's fifty day moving average is $79.89 and its 200-day moving average is $75.33. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39. The firm has a market capitalization of $38.60 billion, a price-to-earnings ratio of 21.95 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 for the quarter, topping the consensus estimate of $1.49 by $0.35. The business had revenue of $22.68 billion during the quarter, compared to the consensus estimate of $22.75 billion. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The company's quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Equities analysts anticipate that Archer Daniels Midland Company will post 5.46 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently disclosed 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 is Wednesday, August 19th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Archer Daniels Midland's dividend payout ratio (DPR) is 56.99%.

Archer Daniels Midland 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source