Venture Visionary Partners LLC Buys 5,013 Shares of Archer Daniels Midland Company $ADM

Key Points

• Venture Visionary Partners LLC increased its stake in Archer Daniels Midland Company by 66.2%, owning a total of 12,581 shares valued at $604,000 after purchasing an additional 5,013 shares.
• Archer Daniels Midland reported $0.93 earnings per share for the last quarter, surpassing estimates, but experienced a 4.9% year-over-year decline in revenue.
• The company announced a quarterly dividend of $0.51 per share, reflecting a 3.4% yield, with payment set for September 10th.

Venture Visionary Partners LLC grew its stake in Archer Daniels Midland Company (NYSE:ADM - Free Report) by 66.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,581 shares of the company's stock after purchasing an additional 5,013 shares during the quarter. Venture Visionary Partners LLC's holdings in Archer Daniels Midland were worth $604,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of ADM. S.A. Mason LLC bought a new position in Archer Daniels Midland during the first quarter worth about $25,000. Headlands Technologies LLC bought a new position in Archer Daniels Midland during the first quarter worth about $25,000. ORG Partners LLC increased its position in Archer Daniels Midland by 297.2% during the first quarter. ORG Partners LLC now owns 699 shares of the company's stock worth $34,000 after acquiring an additional 523 shares during the period. NBC Securities Inc. bought a new position in Archer Daniels Midland during the first quarter worth about $37,000. Finally, Capital Advisors Ltd. LLC increased its position in Archer Daniels Midland by 43.4% during the first quarter. Capital Advisors Ltd. LLC now owns 783 shares of the company's stock worth $38,000 after acquiring an additional 237 shares during the period. 78.28% of the stock is owned by institutional investors.

Archer Daniels Midland Trading Up 1.2%

ADM opened at $60.6890 on Thursday. The company's 50 day moving average is $55.22 and its 200-day moving average is $50.05. The company has a market cap of $29.16 billion, a P/E ratio of 26.74, a PEG ratio of 3.19 and a beta of 0.68. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $62.61. The company has a current ratio of 1.42, a quick ratio of 0.90 and a debt-to-equity ratio of 0.34.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.88 by $0.05. The business had revenue of $21.17 billion during the quarter, compared to analyst estimates of $21.56 billion. Archer Daniels Midland had a net margin of 1.33% and a return on equity of 8.43%. The firm's quarterly revenue was down 4.9% on a year-over-year basis. During the same quarter last year, the business earned $1.03 EPS. Archer Daniels Midland has set its FY 2025 guidance at 4.000-4.000 EPS. Equities research analysts predict that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Morgan Stanley raised their price target on shares of Archer Daniels Midland from $47.00 to $57.00 and gave the stock an "equal weight" rating in a research report on Tuesday, August 12th. Wall Street Zen upgraded shares of Archer Daniels Midland from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. JPMorgan Chase & Co. initiated coverage on shares of Archer Daniels Midland in a research note on Wednesday. They set a "neutral" rating and a $61.00 price objective on the stock. Barclays upgraded shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and increased their price objective for the stock from $50.00 to $61.00 in a research note on Wednesday, August 6th. Finally, Bank of America downgraded shares of Archer Daniels Midland from a "neutral" rating to an "underperform" rating and reduced their price objective for the stock from $47.00 to $45.00 in a research note on Thursday, May 8th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $55.50.

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.

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