Invesco Ltd. Has $361.01 Million Stock Holdings in Archer-Daniels-Midland Company (NYSE:ADM)

Invesco Ltd. lifted its stake in shares of Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 24.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,145,818 shares of the company's stock after purchasing an additional 1,420,625 shares during the period. Invesco Ltd. owned approximately 1.49% of Archer-Daniels-Midland worth $361,007,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. West Financial Advisors LLC boosted its position in Archer-Daniels-Midland by 10.1% during the 4th quarter. West Financial Advisors LLC now owns 2,201 shares of the company's stock worth $111,000 after acquiring an additional 201 shares during the period. Hantz Financial Services Inc. grew its position in Archer-Daniels-Midland by 10.8% during the fourth quarter. Hantz Financial Services Inc. now owns 2,152 shares of the company's stock valued at $109,000 after purchasing an additional 210 shares in the last quarter. Invesco LLC boosted its stake in shares of Archer-Daniels-Midland by 1.3% during the 4th quarter. Invesco LLC now owns 16,242 shares of the company's stock valued at $821,000 after buying an additional 211 shares during the period. Advisor OS LLC increased its stake in shares of Archer-Daniels-Midland by 4.9% in the fourth quarter. Advisor OS LLC now owns 4,565 shares of the company's stock worth $231,000 after acquiring an additional 212 shares during the last quarter. Finally, Advisory Alpha LLC boosted its position in Archer-Daniels-Midland by 2.8% during the fourth quarter. Advisory Alpha LLC now owns 7,952 shares of the company's stock valued at $402,000 after purchasing an additional 216 shares during the last quarter. Institutional investors and hedge funds own 78.28% of the company's stock.

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Wall Street Analysts Forecast Growth

ADM has been the subject of a number of analyst reports. Barclays reduced their target price on shares of Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating for the company in a research note on Monday, February 24th. Stephens lowered their target price on shares of Archer-Daniels-Midland from $55.00 to $52.00 in a research report on Tuesday, February 4th. Morgan Stanley reduced their price target on Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 11th. Bank of America upgraded shares of Archer-Daniels-Midland from an "underperform" rating to a "neutral" rating and set a $47.00 target price on the stock in a research note on Tuesday. Finally, Citigroup cut their price objective on shares of Archer-Daniels-Midland from $51.00 to $49.00 and set a "neutral" rating for the company in a research report on Tuesday. One research analyst has rated the stock with a sell rating and seven have given a hold rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $52.75.

Archer-Daniels-Midland Stock Performance

ADM stock traded down $0.69 during midday trading on Tuesday, reaching $45.74. 781,557 shares of the company were exchanged, compared to its average volume of 3,627,859. The firm has a market capitalization of $21.94 billion, a price-to-earnings ratio of 12.67, a price-to-earnings-growth ratio of 1.54 and a beta of 0.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 0.81. Archer-Daniels-Midland Company has a one year low of $40.98 and a one year high of $66.08. The business has a 50-day moving average price of $46.52 and a two-hundred day moving average price of $50.81.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.07. Archer-Daniels-Midland had a net margin of 2.10% and a return on equity of 10.44%. The business had revenue of $21.50 billion during the quarter, compared to analysts' expectations of $22.77 billion. During the same quarter in the prior year, the business posted $1.36 earnings per share. Archer-Daniels-Midland's revenue was down 6.4% compared to the same quarter last year. Equities research analysts forecast that Archer-Daniels-Midland Company will post 4.31 EPS for the current year.

Archer-Daniels-Midland Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th were paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.46%. The ex-dividend date was Tuesday, February 18th. This is an increase from Archer-Daniels-Midland's previous quarterly dividend of $0.50. Archer-Daniels-Midland's dividend payout ratio (DPR) is currently 56.51%.

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.