Sarasin & Partners LLP Makes New $1.20 Million Investment in Archer-Daniels-Midland Company (NYSE:ADM)

Sarasin & Partners LLP purchased a new stake in shares of Archer-Daniels-Midland Company (NYSE:ADM - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 25,000 shares of the company's stock, valued at approximately $1,200,000.

Other institutional investors also recently bought and sold shares of the company. Fairway Wealth LLC purchased a new stake in shares of Archer-Daniels-Midland in the fourth quarter valued at approximately $25,000. Stonebridge Financial Group LLC purchased a new stake in shares of Archer-Daniels-Midland in the fourth quarter valued at approximately $28,000. Crews Bank & Trust purchased a new stake in shares of Archer-Daniels-Midland in the fourth quarter valued at approximately $30,000. CoreFirst Bank & Trust purchased a new stake in shares of Archer-Daniels-Midland in the fourth quarter valued at approximately $30,000. Finally, Asset Planning Inc purchased a new stake in shares of Archer-Daniels-Midland in the fourth quarter valued at approximately $31,000. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Archer-Daniels-Midland Price Performance

Shares of ADM traded down $0.16 during mid-day trading on Thursday, hitting $47.08. The company's stock had a trading volume of 956,733 shares, compared to its average volume of 3,518,683. The company has a current ratio of 1.39, a quick ratio of 0.81 and a debt-to-equity ratio of 0.34. The firm has a 50-day simple moving average of $47.47 and a 200 day simple moving average of $48.92. The firm has a market capitalization of $22.62 billion, a P/E ratio of 13.04, a P/E/G ratio of 1.54 and a beta of 0.67. Archer-Daniels-Midland Company has a 1-year low of $40.98 and a 1-year high of $66.08.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.69 by $0.01. The business had revenue of $20.18 billion during the quarter, compared to analysts' expectations of $22.05 billion. Archer-Daniels-Midland had a return on equity of 10.44% and a net margin of 2.10%. The company's quarterly revenue was down 7.7% compared to the same quarter last year. During the same period last year, the firm earned $1.46 EPS. Analysts predict that Archer-Daniels-Midland Company will post 4.31 EPS for the current fiscal year.

Archer-Daniels-Midland Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 21st will be given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.33%. The ex-dividend date is Wednesday, May 21st. Archer-Daniels-Midland's dividend payout ratio is currently 72.86%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ADM shares. UBS Group raised Archer-Daniels-Midland from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $55.00 to $60.00 in a research note on Monday, May 19th. Citigroup lowered their price target on Archer-Daniels-Midland from $51.00 to $49.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. BMO Capital Markets lowered their price target on Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating on the stock in a research note on Wednesday, February 5th. Barclays lowered their price target on Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating on the stock in a research note on Monday, February 24th. Finally, Bank of America lowered Archer-Daniels-Midland from a "neutral" rating to an "underperform" rating and lowered their price objective for the stock from $47.00 to $45.00 in a research note on Thursday, May 8th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $52.00.

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.