Wealthfront Advisers LLC Invests $10.09 Million in Archer Daniels Midland Company $ADM

Key Points

• Wealthfront Advisers acquired 132,031 ADM shares during the second quarter, valued at approximately $10.09 million. Institutional investors collectively own 78.28% of the company.
• ADM reported quarterly earnings of $1.84 per share, exceeding estimates of $1.49, while revenue rose 7.2% year over year to $22.68 billion. Management issued full-year 2026 EPS guidance of $5.15–$5.60.
• ADM announced a quarterly dividend of $0.52 per share, equivalent to $2.08 annually and a 2.6% yield. Analysts’ average rating is “Hold,” with an average price target of $79.67 versus the stock’s reported $80.80 opening price.

Wealthfront Advisers LLC acquired a new position in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 132,031 shares of the company's stock, valued at approximately $10,087,000.

Several other hedge funds have also recently made changes to their positions in the business. Woodline Partners LP raised its position in Archer Daniels Midland by 40.8% during the first quarter. Woodline Partners LP now owns 40,429 shares of the company's stock valued at $1,941,000 after purchasing an additional 11,715 shares during the period. Daiwa Securities Group Inc. lifted its stake in Archer Daniels Midland by 5.3% in the second quarter. Daiwa Securities Group Inc. now owns 83,983 shares of the company's stock worth $4,433,000 after purchasing an additional 4,224 shares during the last quarter. Sei Investments Co. boosted its position in shares of Archer Daniels Midland by 40.0% during the second quarter. Sei Investments Co. now owns 191,633 shares of the company's stock valued at $10,116,000 after buying an additional 54,746 shares during the period. Glenview Trust co bought a new position in shares of Archer Daniels Midland during the second quarter valued at approximately $203,000. Finally, Treasurer of the State of North Carolina lifted its stake in shares of Archer Daniels Midland by 2.3% during the 2nd quarter. Treasurer of the State of North Carolina now owns 223,280 shares of the company's stock worth $11,785,000 after acquiring an additional 5,051 shares during the last quarter. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $80.80 on Thursday. The company has a 50 day moving average price of $79.84 and a 200 day moving average price of $75.19. The firm has a market capitalization of $38.94 billion, a P/E ratio of 22.14 and a beta of 0.62. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.27. Archer Daniels Midland Company has a 52 week low of $55.58 and a 52 week high of $88.46.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last released its earnings results 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 for the quarter, compared to the consensus estimate of $22.75 billion. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. Archer Daniels Midland's revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Sell-side analysts expect that Archer Daniels Midland Company will post 5.46 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be given a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, August 19th. Archer Daniels Midland's dividend payout ratio is presently 56.99%.

Analyst Ratings Changes

Several equities analysts have recently commented on ADM shares. UBS Group raised their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the company a "buy" rating in a research note on Monday, June 15th. Weiss Ratings raised shares of Archer Daniels Midland from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday, August 5th. Morgan Stanley raised shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and upped their price target for the stock from $60.00 to $79.00 in a research report on Wednesday, August 5th. JPMorgan Chase & Co. boosted their price objective on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an "underweight" rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen raised shares of Archer Daniels Midland from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $79.67.

About Archer Daniels Midland

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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