Agro Sector Ideas

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>>> Archer-Daniels-Midland Company (NYSE:ADM) -


https://www.yahoo.com/now/11-best-farmland-agriculture-stocks-211441951.html


Number of Hedge Fund Holders: 37

Archer-Daniels-Midland Company (NYSE:ADM) was founded in 1902 and is headquartered in Chicago, Illinois. The company procures, transports, processes, and merchandises agricultural commodities in the United States, Switzerland, Cayman Islands, Brazil, Mexico, the United Kingdom, and internationally. Archer-Daniels-Midland Company (NYSE:ADM) operates through three segments – Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.

On October 25, Archer-Daniels-Midland Company (NYSE:ADM) reported its Q3 results. The company posted non-GAAP earnings per share of $1.86, beating Wall Street estimates by $0.45. Revenue over the period came in at $24.68 billion, up 21.3% year-over-year, outperforming market consensus by $2.47 billion. Archer-Daniels-Midland Company (NYSE:ADM) also paid a $0.40 per share quarterly dividend to shareholders on December 7.

UBS analyst Manav Gupta initiated coverage of Archer-Daniels-Midland Company (NYSE:ADM) on December 14 with a Buy rating and a $115 price target. The analyst sees Archer-Daniels-Midland Company (NYSE:ADM) reporting earnings of $7.75 per share by 2026 when considering its productivity and innovation efforts, even in a normalized margin environment, the analyst told investors. He estimates earnings bottoming at $6.07 per share, which the analyst said is "well above" present normalized earnings levels of $4.50 per share.

According to Insider Monkey’s data, Archer-Daniels-Midland Company (NYSE:ADM) was part of 37 hedge fund portfolios at the end of Q3 2022, compared to 42 in the last quarter. Tom Gayner’s Markel Gayner Asset Management held the biggest position in the company, comprising 1.46 million shares worth $117.7 million.

In addition to The Mosaic Company (NYSE:MOS), Bunge Limited (NYSE:BG), and Deere & Company (NYSE:DE), Archer-Daniels-Midland Company (NYSE:ADM) is one of the premier agriculture stocks to invest in.

Here is what Diamond Hill Long-Short Fund has to say about Archer-Daniels-Midland Company (NYSE:ADM) in its Q1 2022 investor letter:

“ADM is a leading agricultural processor that also operates a global nutrition business focused on the development of ingredients and flavors for food and beverages, supplements and more. The company’s recent operating results have benefited (unfortunately) from the war in Ukraine as grain prices and agricultural markets globally experienced strong price increases. ADM is positioned well to benefit from the volatility due to its stable North American agricultural base.”

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>>> Archer-Daniels-Midland Company (ADM) procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States, Switzerland, Cayman Islands, Brazil, Mexico, the United Kingdom, and internationally. The company operates through three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. It procures, stores, cleans, and transports agricultural raw materials, such as oilseeds, corn, wheat, milo, oats, and barley. The company also engages in the agricultural commodity and feed product import, export, and distribution; and structured trade finance activities. In addition, it offers vegetable oils and protein meals; ingredients for the food, feed, energy, and industrial customers; crude vegetable oils, salad oils, margarine, shortening, and other food products; and partially refined oils to produce biodiesel and glycols for use in chemicals, paints, and other industrial products. Further, the company provides peanuts, peanut-derived ingredients, and cotton cellulose pulp; sweeteners, corn and wheat starches, syrup, glucose, wheat flour, and dextrose; alcohol and other food and animal feed ingredients; ethyl alcohol and ethanol; corn gluten feed and meal; distillers' grains; and citric acids. Additionally, the company provides natural flavors, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, and natural health and nutrition products, including probiotics, prebiotics, enzymes, and botanical extracts; and other specialty food and feed ingredients; edible beans; formula feeds, and animal health and nutrition products; and contract and private label pet treats and foods. It also offers futures commission merchant; commodity brokerage services; cash margins and securities pledged to commodity exchange clearinghouses; and cash pledged as security under certain insurance arrangements. The company was founded in 1902 and is headquartered in Chicago, Illinois. <<<




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