U.S. Capital Wealth Advisors LLC Takes $257,000 Position in Archer Daniels Midland Company $ADM

Key Points

• U.S. Capital Wealth Advisors LLC has acquired a new position in Archer Daniels Midland Company (NYSE:ADM), purchasing 4,876 shares valued at approximately $257,000.
• Analysts have recently updated their ratings and price targets for ADM, with Morgan Stanley raising their target from $47.00 to $57.00 and UBS Group increasing theirs from $60.00 to $70.00.
• Archer Daniels Midland announced a quarterly dividend of $0.51 per share, representing an annualized dividend yield of 3.4% and a payout ratio of 89.87%.

U.S. Capital Wealth Advisors LLC bought a new stake in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,876 shares of the company's stock, valued at approximately $257,000.

Several other large investors have also recently made changes to their positions in the business. Farmers & Merchants Investments Inc. increased its position in shares of Archer Daniels Midland by 396.4% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 2,770 shares of the company's stock valued at $146,000 after purchasing an additional 2,212 shares during the last quarter. Sowell Financial Services LLC bought a new position in shares of Archer Daniels Midland during the 2nd quarter worth $215,000. CX Institutional grew its stake in shares of Archer Daniels Midland by 240.2% during the 2nd quarter. CX Institutional now owns 4,304 shares of the company's stock worth $227,000 after acquiring an additional 3,039 shares during the period. Butensky & Cohen Financial Security Inc. grew its stake in shares of Archer Daniels Midland by 6.2% during the 2nd quarter. Butensky & Cohen Financial Security Inc. now owns 66,856 shares of the company's stock worth $3,529,000 after acquiring an additional 3,902 shares during the period. Finally, Global X Japan Co. Ltd. grew its stake in shares of Archer Daniels Midland by 2.3% during the 2nd quarter. Global X Japan Co. Ltd. now owns 12,265 shares of the company's stock worth $647,000 after acquiring an additional 278 shares during the period. 78.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ADM has been the subject of several research reports. Morgan Stanley increased their price target on Archer Daniels Midland from $47.00 to $57.00 and gave the stock an "equal weight" rating in a research note on Tuesday, August 12th. JPMorgan Chase & Co. initiated coverage on Archer Daniels Midland in a research note on Wednesday, August 20th. They set a "neutral" rating and a $61.00 price target for the company. UBS Group reiterated 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 upgraded Archer Daniels Midland from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, Barclays upgraded Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and increased their price target for the stock from $50.00 to $61.00 in a research note on Wednesday, August 6th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Archer Daniels Midland presently has a consensus rating of "Hold" and a consensus target price of $55.50.

Archer Daniels Midland Stock Performance

NYSE:ADM opened at $60.62 on Friday. The business's 50-day moving average price is $59.58 and its two-hundred day moving average price is $52.80. Archer Daniels Midland Company has a twelve month low of $40.98 and a twelve month high of $64.38. The stock has a market cap of $29.13 billion, a P/E ratio of 26.70, a PEG ratio of 3.25 and a beta of 0.69. The company has a quick ratio of 0.90, a current ratio of 1.42 and a debt-to-equity ratio of 0.34.

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, beating the consensus estimate of $0.88 by $0.05. Archer Daniels Midland had a return on equity of 8.43% and a net margin of 1.33%.The firm had revenue of $21.17 billion for the quarter, compared to analysts' expectations of $21.56 billion. During the same quarter last year, the firm posted $1.03 EPS. The company's revenue was down 4.9% compared to the same quarter last year. Archer Daniels Midland has set its FY 2025 guidance at 4.000-4.000 EPS. As a group, equities analysts predict that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Wednesday, August 20th were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Wednesday, August 20th. Archer Daniels Midland's dividend payout ratio (DPR) is currently 89.87%.

About Archer Daniels Midland

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.

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