XML Financial LLC Takes Position in Archer Daniels Midland Company $ADM

Key Points

• XML Financial LLC has acquired a new stake in Archer Daniels Midland Company (NYSE: ADM), purchasing 4,750 shares valued at approximately $251,000 during the 2nd quarter.
• Archer Daniels Midland reported $0.93 earnings per share for its most recent quarter, exceeding the consensus estimate of $0.88, although its revenue decreased by 4.9% year-over-year.
• The company declared a quarterly dividend of $0.51 per share, resulting in an annualized dividend yield of 3.4% and a payout ratio of 89.87%.

XML Financial LLC purchased a new stake in Archer Daniels Midland Company (NYSE:ADM - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,750 shares of the company's stock, valued at approximately $251,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. S.A. Mason LLC acquired a new stake in shares of Archer Daniels Midland in the first quarter valued at about $25,000. Headlands Technologies LLC acquired a new stake in shares of Archer Daniels Midland in the first quarter valued at about $25,000. ORG Partners LLC increased its stake in shares of Archer Daniels Midland by 297.2% in the first quarter. ORG Partners LLC now owns 699 shares of the company's stock valued at $34,000 after buying an additional 523 shares during the period. NBC Securities Inc. acquired a new stake in shares of Archer Daniels Midland in the first quarter valued at about $37,000. Finally, Capital Advisors Ltd. LLC increased its stake in shares of Archer Daniels Midland by 43.4% in the first quarter. Capital Advisors Ltd. LLC now owns 783 shares of the company's stock valued at $38,000 after buying an additional 237 shares during the period. Institutional investors and hedge funds own 78.28% of the company's stock.

Archer Daniels Midland Stock Performance

ADM opened at $59.72 on Wednesday. The company has a current ratio of 1.42, a quick ratio of 0.90 and a debt-to-equity ratio of 0.34. The company's fifty day moving average price is $59.79 and its two-hundred day moving average price is $53.02. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $64.38. The company has a market cap of $28.69 billion, a price-to-earnings ratio of 26.31, a PEG ratio of 3.21 and a beta of 0.69.

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

Archer Daniels Midland Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Wednesday, August 20th were issued a dividend of $0.51 per share. The ex-dividend date was Wednesday, August 20th. This represents a $2.04 annualized dividend and a yield of 3.4%. Archer Daniels Midland's dividend payout ratio is presently 89.87%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ADM. Wall Street Zen raised Archer Daniels Midland from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Morgan Stanley upped their target price on Archer Daniels Midland from $47.00 to $57.00 and gave the company an "equal weight" rating in a research report on Tuesday, August 12th. UBS Group restated a "buy" rating and set a $70.00 target price (up previously from $60.00) on shares of Archer Daniels Midland in a research report on Monday, August 11th. Barclays upgraded Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and upped their target price for the company from $50.00 to $61.00 in a research report on Wednesday, August 6th. Finally, JPMorgan Chase & Co. assumed coverage on Archer Daniels Midland in a research report on Wednesday, August 20th. They set a "neutral" rating and a $61.00 target price on the stock. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $55.50.

Archer Daniels Midland Company 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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