Van Hulzen Asset Management LLC Makes New Investment in Archer Daniels Midland Company $ADM

Van Hulzen Asset Management LLC bought a new position in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 458,267 shares of the company's stock, valued at approximately $35,012,000. Archer Daniels Midland makes up about 2.5% of Van Hulzen Asset Management LLC's holdings, making the stock its 6th biggest holding. Van Hulzen Asset Management LLC owned about 0.10% of Archer Daniels Midland as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. L2 Asset Management LLC acquired a new position in Archer Daniels Midland during the second quarter worth about $209,000. Cullen Capital Management LLC purchased a new stake in Archer Daniels Midland during the 2nd quarter valued at about $1,653,000. Algert Global LLC raised its holdings in Archer Daniels Midland by 1,455.4% in the 2nd quarter. Algert Global LLC now owns 104,678 shares of the company's stock valued at $7,997,000 after acquiring an additional 97,948 shares during the last quarter. TCM Advisors LLC purchased a new position in Archer Daniels Midland in the 2nd quarter worth approximately $918,000. Finally, Cibc World Market Inc. purchased a new position in Archer Daniels Midland in the 2nd quarter worth approximately $13,194,000. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ADM has been the subject of a number of analyst reports. Zacks Research upgraded Archer Daniels Midland from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 6th. Weiss Ratings upgraded Archer Daniels Midland from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday, August 5th. UBS Group upped their target price on Archer Daniels Midland from $90.00 to $95.00 and gave the company a "buy" rating in a report on Monday, June 15th. Morgan Stanley raised Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and raised their target price for the stock from $60.00 to $79.00 in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. lifted their price target on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an "underweight" rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $79.67.

Archer Daniels Midland Stock Down 2.7%

ADM stock opened at $78.13 on Tuesday. Archer Daniels Midland Company has a one year low of $55.58 and a one year high of $88.46. The firm has a market cap of $37.65 billion, a PE ratio of 21.40 and a beta of 0.62. The firm's 50 day moving average price is $79.87 and its 200-day moving average price is $75.46. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last issued 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 company had revenue of $22.68 billion during the quarter, compared to analyst estimates of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The firm's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, equities research analysts anticipate that Archer Daniels Midland Company will post 5.46 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be issued a dividend of $0.52 per share. The ex-dividend date is Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.7%. Archer Daniels Midland's dividend payout ratio is currently 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.

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