Wedge Capital Management L L P NC Takes Position in Archer Daniels Midland Company $ADM

Key Points

• Wedge Capital Management initiated a position in Archer Daniels Midland, purchasing 88,490 shares valued at approximately $6.76 million. Institutional investors collectively own 78.28% of ADM.
• 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 set fiscal 2026 EPS guidance at $5.15–$5.60.
• Analyst sentiment improved, with several firms raising price targets or upgrading the stock, though the consensus rating remains “Hold” with a $79.67 target price. ADM also declared a quarterly dividend of $0.52 per share, yielding about 2.6% annually.

Wedge Capital Management L L P NC bought a new position in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 88,490 shares of the company's stock, valued at approximately $6,761,000.

A number of other large investors have also added to or reduced their stakes in the business. Woodline Partners LP increased its holdings in shares of Archer Daniels Midland by 40.8% in 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 last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Archer Daniels Midland by 5.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 83,983 shares of the company's stock worth $4,433,000 after buying an additional 4,224 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Archer Daniels Midland by 40.0% during the 2nd quarter. Sei Investments Co. now owns 191,633 shares of the company's stock worth $10,116,000 after buying an additional 54,746 shares during the period. Glenview Trust co bought a new stake in shares of Archer Daniels Midland during the 2nd quarter worth about $203,000. Finally, Treasurer of the State of North Carolina grew its stake in Archer Daniels Midland by 2.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 223,280 shares of the company's stock valued at $11,785,000 after buying an additional 5,051 shares during the last quarter. Institutional investors own 78.28% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ADM shares. UBS Group increased their price target on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a "buy" rating in a report on Monday, June 15th. Barclays upped their target price on Archer Daniels Midland from $85.00 to $90.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 5th. Zacks Research upgraded Archer Daniels Midland from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 6th. Wall Street Zen raised Archer Daniels Midland from a "hold" rating to a "buy" rating in a report on Saturday, May 9th. Finally, Morgan Stanley upgraded Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and boosted their price target for the company from $60.00 to $79.00 in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $79.67.

Archer Daniels Midland Price Performance

Shares of Archer Daniels Midland stock opened at $79.90 on Thursday. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $38.51 billion, a price-to-earnings ratio of 21.89 and a beta of 0.62. Archer Daniels Midland Company has a twelve month low of $55.58 and a twelve month high of $88.46. The company has a 50-day simple moving average of $79.86 and a two-hundred day simple moving average of $74.72.

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

Archer Daniels Midland Announces Dividend

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

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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