ADM stock icon

Archer Daniels Midland
ADM

$63.98
1.04%

Market Cap: 31.6B

 

About: Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.

Employees: 41,802

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 6 analysts
0
News positive %
of 22 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

22% more funds holding in top 10

Funds holding in top 10: 9 [Q4 2023] → 11 (+2) [Q1 2024]

4.74% more ownership

Funds ownership: 69.96% [Q4 2023] → 74.69% (+4.74%) [Q1 2024]

7% more call options, than puts

Call options by funds: $552M | Put options by funds: $516M

5% less repeat investments, than reductions

Existing positions increased: 362 | Existing positions reduced: 382

7% less funds holding

Funds holding: 1,074 [Q4 2023] → 1,002 (-72) [Q1 2024]

19% less capital invested

Capital invested by funds: $29.7B [Q4 2023] → $23.9B (-$5.76B) [Q1 2024]

35% less first-time investments, than exits

New positions opened: 135 | Existing positions closed: 207

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$57
11%
downside
Avg. target
$64
0%
upside
High target
$74
16%
upside

6 analyst ratings

positive
0%
neutral
100%
negative
0%
Citigroup
Thomas Palmer
2%downside
$63
Neutral
Maintained
15 Jul 2024
Citigroup
David Driscoll
0%upside
$64
Neutral
Maintained
3 Apr 2024
B of A Securities
Salvator Tiano
16%upside
$74
Neutral
Maintained
14 Mar 2024
BMO Capital
Andrew Strelzik
6%downside
$60
Market Perform
Maintained
13 Mar 2024
Jefferies
Dushyant Ailani
2%upside
$65
Hold
Maintained
13 Mar 2024

Financial journalist opinion

Based on 22 articles about ADM published over the past 30 days