Archer Daniels Midland
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
69% more call options, than puts
Call options by funds: $395M | Put options by funds: $234M
3% less funds holding
Funds holding: 1,001 [Q2] → 969 (-32) [Q3]
3.54% less ownership
Funds ownership: 78.52% [Q2] → 74.99% (-3.54%) [Q3]
6% less capital invested
Capital invested by funds: $23.5B [Q2] → $22.1B (-$1.34B) [Q3]
27% less first-time investments, than exits
New positions opened: 87 | Existing positions closed: 119
27% less repeat investments, than reductions
Existing positions increased: 304 | Existing positions reduced: 419
50% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 3 (-3) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Citigroup Thomas Palmer 38% 1-year accuracy 13 / 34 met price target | 9%upside $55 | Neutral Maintained | 4 Dec 2024 |
BMO Capital Andrew Strelzik 38% 1-year accuracy 12 / 32 met price target | 1%upside $51 | Market Perform Maintained | 4 Dec 2024 |
Barclays Benjamin Theurer 32% 1-year accuracy 10 / 31 met price target | 11%upside $56 | Underweight Maintained | 4 Dec 2024 |
Morgan Stanley Vincent Andrews 50% 1-year accuracy 2 / 4 met price target | 3%upside $52 | Equal-Weight Maintained | 12 Nov 2024 |
Financial journalist opinion
Based on 15 articles about ADM published over the past 30 days