Waverly Advisors LLC Sells 11,671 Shares of Archer Daniels Midland Company $ADM

Key Points

• Waverly Advisors reduced its ADM stake by 20.7% in the second quarter, selling 11,671 shares and retaining 44,672 shares valued at approximately $3.4 million. Institutional investors collectively own 78.28% of the company.
• ADM reported quarterly EPS of $1.84, beating estimates of $1.49, while revenue rose 7.2% year over year to $22.68 billion. The company guided to fiscal 2026 EPS of $5.15–$5.60.
• ADM paid a quarterly dividend of $0.52, equivalent to an annualized $2.08 dividend and 2.4% yield. Analysts’ consensus rating is “Hold,” with an average price target of $79.67.

Waverly Advisors LLC lessened its position in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) by 20.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 44,672 shares of the company's stock after selling 11,671 shares during the quarter. Waverly Advisors LLC's holdings in Archer Daniels Midland were worth $3,413,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Kelleher Financial Advisors bought a new stake in shares of Archer Daniels Midland in the 2nd quarter valued at $25,000. Motiv8 Investments LLC acquired a new stake in shares of Archer Daniels Midland during the fourth quarter worth $26,000. Orion Capital Management LLC bought a new position in Archer Daniels Midland during the second quarter worth $27,000. Sankala Group LLC acquired a new position in Archer Daniels Midland in the fourth quarter valued at $28,000. Finally, Nalls Sherbakoff Group LLC acquired a new position in Archer Daniels Midland in the fourth quarter valued at $29,000. Institutional investors own 78.28% of the company's stock.

Archer Daniels Midland Trading Down 0.4%

ADM opened at $86.57 on Friday. The company has a fifty day moving average price of $81.89 and a two-hundred day moving average price of $76.91. Archer Daniels Midland Company has a 1-year low of $55.58 and a 1-year high of $88.75. The company has a market cap of $41.72 billion, a P/E ratio of 23.72, a price-to-earnings-growth ratio of 2.65 and a beta of 0.62. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.49 by $0.35. The company had revenue of $22.68 billion for the quarter, compared to analysts' expectations of $22.75 billion. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The business's revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Analysts predict that Archer Daniels Midland Company will post 5.46 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th were issued a $0.52 dividend. The ex-dividend date was Wednesday, August 19th. This represents a $2.08 annualized dividend and a yield of 2.4%. Archer Daniels Midland's dividend payout ratio is presently 56.99%.

Wall Street Analyst Weigh In

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

About Archer Daniels Midland

Archer Daniels Midland Company NYSE: ADM is a global agricultural origination and processing company. Founded in 1902, ADM connects farmers and agricultural markets with food, beverage, animal nutrition and industrial customers by sourcing, transporting, storing and processing crops and other agricultural commodities.

The company's operations include the processing of oilseeds such as soybeans, canola and sunflower seeds into vegetable oils, protein meals and other ingredients. ADM also produces corn and wheat-based sweeteners, starches, flours, fibers and other carbohydrate products, along with plant-based proteins, flavors, emulsifiers and specialty ingredients used in food and beverage manufacturing.

ADM serves customers in markets around the world through its agricultural services, commodity merchandising, transportation, processing and storage networks.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.