ADM stock icon

Archer Daniels Midland
ADM

$59.47
1%

Market Cap: $28.4B

 

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 6,686 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

4% more call options, than puts

Call options by funds: $429M | Put options by funds: $413M

0.28% more ownership

Funds ownership: 76.73% [Q1] → 77.01% (+0.28%) [Q2]

3% less funds holding

Funds holding: 1,021 [Q1] → 992 (-29) [Q2]

6% less capital invested

Capital invested by funds: $24.6B [Q1] → $23B (-$1.55B) [Q2]

16% less repeat investments, than reductions

Existing positions increased: 334 | Existing positions reduced: 396

23% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 125

50% less funds holding in top 10

Funds holding in top 10: 12 [Q1] → 6 (-6) [Q2]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$63
6%
upside
Avg. target
$65
8%
upside
High target
$66
11%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
JP Morgan
Thomas Palmer
31% 1-year accuracy
8 / 26 met price target
11%upside
$66
Neutral
Maintained
31 Jul 2024
Citigroup
Thomas Palmer
31% 1-year accuracy
8 / 26 met price target
6%upside
$63
Neutral
Maintained
15 Jul 2024

Financial journalist opinion

Based on 15 articles about ADM published over the past 30 days