Archer Daniels Midland Company (NYSE:ADM - Get Free Report) was the recipient of unusually large options trading activity on Monday. Traders bought 20,719 call options on the stock. This is an increase of 627% compared to the typical volume of 2,849 call options.
Institutional Investors Weigh In On Archer Daniels Midland
Hedge funds have recently bought and sold shares of the business. Kelleher Financial Advisors purchased a new stake in Archer Daniels Midland in the 2nd quarter worth approximately $25,000. Orion Capital Management LLC bought a new stake in Archer Daniels Midland during the 2nd quarter worth approximately $27,000. Sankala Group LLC purchased a new position in Archer Daniels Midland during the fourth quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC purchased a new position in Archer Daniels Midland during the fourth quarter valued at approximately $29,000. Finally, Global Trust Asset Management LLC bought a new position in shares of Archer Daniels Midland in the first quarter worth approximately $29,000. Institutional investors own 78.28% of the company's stock.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on ADM. Jefferies Financial Group raised shares of Archer Daniels Midland to a "hold" rating in a research note on Tuesday, September 29th. Wall Street Zen downgraded shares of Archer Daniels Midland from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Barclays raised their price objective on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 5th. UBS Group lifted their price objective on Archer Daniels Midland from $90.00 to $95.00 and gave the company a "buy" rating in a research report on Monday, June 15th. Finally, Weiss Ratings raised Archer Daniels Midland from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Archer Daniels Midland currently has an average rating of "Hold" and an average price target of $79.83.
View Our Latest Research Report on Archer Daniels Midland
Archer Daniels Midland Stock Up 0.6%
ADM stock traded up $0.47 during midday trading on Monday, hitting $80.36. The stock had a trading volume of 4,295,652 shares, compared to its average volume of 3,789,767. The business has a 50-day moving average of $81.90 and a two-hundred day moving average of $78.88. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. The firm has a market cap of $38.73 billion, a price-to-earnings ratio of 22.02, a price-to-earnings-growth ratio of 2.44 and a beta of 0.64. Archer Daniels Midland has a 52-week low of $55.58 and a 52-week high of $88.75.
Archer Daniels Midland (NYSE:ADM - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.49 by $0.35. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%. The business had revenue of $22.68 billion during the quarter, compared to analyst estimates of $22.75 billion. During the same quarter last year, the firm posted $0.93 earnings per share. The company's revenue for the quarter was up 7.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, equities research analysts forecast that Archer Daniels Midland will post 5.45 earnings per share for the current fiscal year.
Archer Daniels Midland Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th were paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Wednesday, August 19th. Archer Daniels Midland's dividend payout ratio (DPR) is presently 56.99%.
Archer Daniels Midland Company Profile
(
Get Free Report)
Archer Daniels Midland Company NYSE: ADM is a global agricultural origination and processing company that converts crops and other plant-based materials into food, feed, fuel and industrial ingredients. The company sources, transports, stores and processes commodities such as corn, soybeans, wheat and oilseeds through an extensive network of elevators, processing facilities and transportation assets.
ADM's businesses include agricultural services and oilseeds, carbohydrate solutions, and nutrition.
Further Reading
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