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
3.6% less ownership
Funds ownership: 78.52% [Q2] → 74.92% (-3.6%) [Q3]
5% less funds holding
Funds holding: 1,000 [Q2] → 952 (-48) [Q3]
6% less capital invested
Capital invested by funds: $23.5B [Q2] → $22.1B (-$1.36B) [Q3]
28% less repeat investments, than reductions
Existing positions increased: 298 | Existing positions reduced: 412
36% less first-time investments, than exits
New positions opened: 86 | Existing positions closed: 134
50% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 3 (-3) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Morgan Stanley Vincent Andrews 50% 1-year accuracy 2 / 4 met price target | 3%downside $52 | Equal-Weight Maintained | 12 Nov 2024 |
UBS Manav Gupta 46% 1-year accuracy 6 / 13 met price target | 20%upside $64 | Neutral Maintained | 9 Sept 2024 |
Financial journalist opinion
Based on 24 articles about ADM published over the past 30 days
