Caxton Associates LLP Invests $518,000 in Archer Daniels Midland Company $ADM

Caxton Associates LLP purchased a new position in shares of Archer Daniels Midland Company (NYSE:ADM) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,128 shares of the company’s stock, valued at approximately $518,000.

Other institutional investors have also recently made changes to their positions in the company. Bank of Nova Scotia raised its position in shares of Archer Daniels Midland by 587.8% during the 1st quarter. Bank of Nova Scotia now owns 522,258 shares of the company’s stock worth $37,963,000 after purchasing an additional 446,326 shares during the last quarter. Sei Investments Co. grew its stake in shares of Archer Daniels Midland by 22.5% in the 1st quarter. Sei Investments Co. now owns 471,239 shares of the company’s stock valued at $34,254,000 after buying an additional 86,654 shares during the period. First Trust Advisors LP increased its stake in Archer Daniels Midland by 5.5% during the first quarter. First Trust Advisors LP now owns 1,031,003 shares of the company’s stock worth $74,944,000 after acquiring an additional 54,176 shares during the last quarter. ABN Amro Investment Solutions increased its position in shares of Archer Daniels Midland by 2.0% during the 1st quarter. ABN Amro Investment Solutions now owns 32,849 shares of the company’s stock worth $2,388,000 after purchasing an additional 632 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of Archer Daniels Midland by 1.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 158,801 shares of the company’s stock valued at $11,543,000 after acquiring an additional 2,287 shares during the period. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Price Performance

Shares of Archer Daniels Midland stock opened at $83.38 on Tuesday. Archer Daniels Midland Company has a 52 week low of $52.96 and a 52 week high of $88.46. The stock has a market cap of $40.19 billion, a PE ratio of 37.39 and a beta of 0.62. The company’s 50-day moving average price is $79.90 and its two-hundred day moving average price is $73.41. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.05. The business had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period last year, the firm posted $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, sell-side analysts anticipate that Archer Daniels Midland Company will post 4.76 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 2.5%. The ex-dividend date was Wednesday, May 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is 93.27%.

Analyst Upgrades and Downgrades

Several brokerages have commented on ADM. Morgan Stanley raised their price target on shares of Archer Daniels Midland from $58.00 to $60.00 and gave the company an “underweight” rating in a research report on Monday, July 20th. Jefferies Financial Group upped their price objective on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Friday, July 17th. Wall Street Zen upgraded shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, JPMorgan Chase & Co. upped their target price on Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $75.67.

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.