Oregon Public Employees Retirement Fund Purchases 13,483 Shares of Archer Daniels Midland Company $ADM

Oregon Public Employees Retirement Fund increased its position in Archer Daniels Midland Company (NYSE:ADM) by 32.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 54,934 shares of the company’s stock after acquiring an additional 13,483 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Archer Daniels Midland were worth $3,282,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Robeco Institutional Asset Management B.V. lifted its stake in Archer Daniels Midland by 193.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 557,621 shares of the company’s stock worth $33,312,000 after purchasing an additional 367,293 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Archer Daniels Midland by 10.9% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 508,956 shares of the company’s stock worth $26,863,000 after purchasing an additional 49,954 shares during the period. Perpetual Ltd bought a new stake in Archer Daniels Midland during the second quarter valued at $227,000. Generali Asset Management SPA SGR grew its position in Archer Daniels Midland by 146.4% during the third quarter. Generali Asset Management SPA SGR now owns 41,989 shares of the company’s stock worth $2,508,000 after buying an additional 24,946 shares in the last quarter. Finally, Inspire Advisors LLC bought a new position in Archer Daniels Midland in the 2nd quarter worth about $3,060,000. 78.28% of the stock is owned by hedge funds and other institutional investors.

Archer Daniels Midland Trading Up 1.2%

ADM stock opened at $61.91 on Monday. The company has a market capitalization of $29.75 billion, a PE ratio of 25.27, a price-to-earnings-growth ratio of 4.31 and a beta of 0.70. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.92 and a current ratio of 1.37. Archer Daniels Midland Company has a one year low of $40.98 and a one year high of $65.00. The company’s 50 day moving average price is $58.81 and its two-hundred day moving average price is $59.02.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, November 4th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.89 by $0.03. The company had revenue of $20.37 billion for the quarter, compared to analyst estimates of $20.96 billion. Archer Daniels Midland had a net margin of 1.43% and a return on equity of 8.01%. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.09 EPS. Archer Daniels Midland has set its FY 2025 guidance at 3.250-3.500 EPS. As a group, analysts predict that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th were issued a $0.51 dividend. The ex-dividend date was Wednesday, November 19th. This represents a $2.04 annualized dividend and a dividend yield of 3.3%. Archer Daniels Midland’s payout ratio is currently 83.27%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, October 8th. Morgan Stanley lowered shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and dropped their target price for the company from $57.00 to $50.00 in a research report on Tuesday, December 16th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $59.00 price target (down previously from $61.00) on shares of Archer Daniels Midland in a report on Wednesday, November 5th. UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. Finally, Zacks Research lowered shares of Archer Daniels Midland from a “hold” rating to a “strong sell” rating in a research report on Friday, November 7th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $54.38.

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.