UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Increases Position in Archer Daniels Midland Company $ADM

Key Points

• UBS Asset Management increased its stake in Archer Daniels Midland Company by 1.4%, owning 2,254,216 shares valued at approximately $108.2 million.
• Analysts have recently given mixed ratings to ADM stock, with UBS maintaining a buy rating and a revised target price of $70, while the average price target stands at $55.50.
• Archer Daniels Midland reported earnings per share of $0.93 for the last quarter, exceeding expectations while revenue declined by 4.9% year-over-year.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Archer Daniels Midland Company (NYSE:ADM - Free Report) by 1.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,254,216 shares of the company's stock after acquiring an additional 30,460 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.47% of Archer Daniels Midland worth $108,225,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in ADM. S.A. Mason LLC bought a new position in shares of Archer Daniels Midland in the 1st quarter worth about $25,000. Headlands Technologies LLC bought a new position in shares of Archer Daniels Midland in the 1st quarter worth about $25,000. ORG Partners LLC raised its position in shares of Archer Daniels Midland by 297.2% in the 1st 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. bought a new position in shares of Archer Daniels Midland in the 1st quarter worth about $37,000. Finally, Capital Advisors Ltd. LLC raised its position in shares of Archer Daniels Midland by 43.4% in the 1st quarter. Capital Advisors Ltd. LLC now owns 783 shares of the company's stock worth $38,000 after acquiring an additional 237 shares in the last quarter. 78.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ADM has been the subject of several research analyst reports. JPMorgan Chase & Co. initiated coverage on Archer Daniels Midland in a research report on Wednesday, August 20th. They issued a "neutral" rating and a $61.00 price objective for the company. UBS Group reaffirmed a "buy" rating and issued a $70.00 target price (up from $60.00) on shares of Archer Daniels Midland in a research report on Monday, August 11th. Barclays raised Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and boosted their target price for the company from $50.00 to $61.00 in a research report on Wednesday, August 6th. Wall Street Zen raised Archer Daniels Midland from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Morgan Stanley boosted their target price on Archer Daniels Midland from $47.00 to $57.00 and gave the company an "equal weight" rating in a research report on Tuesday, August 12th. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $55.50.

Archer Daniels Midland Stock Down 0.4%

Shares of Archer Daniels Midland stock traded down $0.22 on Thursday, hitting $60.87. The company had a trading volume of 682,558 shares, compared to its average volume of 3,893,877. The stock has a market capitalization of $29.25 billion, a price-to-earnings ratio of 26.86, a P/E/G ratio of 3.32 and a beta of 0.69. Archer Daniels Midland Company has a 1 year low of $40.98 and a 1 year high of $64.38. The stock has a 50 day moving average of $58.66 and a 200-day moving average of $52.17. 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 (NYSE:ADM - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.88 by $0.05. The firm had revenue of $21.17 billion during the quarter, compared to the consensus estimate of $21.56 billion. Archer Daniels Midland had a return on equity of 8.43% and a net margin of 1.33%.The company's quarterly revenue was down 4.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.03 earnings per share. Archer Daniels Midland has set its FY 2025 guidance at 4.000-4.000 EPS. As a group, sell-side analysts forecast that Archer Daniels Midland Company will post 4.31 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Wednesday, August 20th were paid a $0.51 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $2.04 annualized dividend and a dividend yield of 3.4%. Archer Daniels Midland's dividend payout ratio is 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.