Archer-Daniels-Midland Company (ADM)

In the past six months, ADM's stock has been influenced by several events. The company reported its first-quarter 2025 results, where operating profits were down by 38% compared to the prior year, partly due to trade uncertainty. Demand for flavors boosted operating revenue in the nutrition segment by 13% in the first quarter. ADM also reported its second-quarter 2025 results, with net earnings of $219 million and adjusted net earnings of $452 million. In September 2025, ADM's Board of Directors declared a cash dividend of 51.0 cents per share and announced a joint venture for its 11 U.S. feed mills, in which it will hold a minority stake. The company's stock price as of September 26, 2025, was $60.60 per share, showing a slight increase from $59.74 per share on September 30, 2024.

Demand for ADM products and services exhibits seasonality, influenced by agricultural commodity cycles and specific product markets. Agricultural commodities are cyclical, experiencing periods of high and low prices. Global population growth is a long-term driver for increased demand in agricultural commodities. ADM's aquaculture feed production lines in Nanjing, China, operate during a six-month season from April to September. Ethanol margins can be volatile, and ethanol plants typically enter a maintenance season.

Archer-Daniels-Midland Co. (ADM) is a multinational food processing and commodities trading corporation operating in the Consumer Staples sector. ADM procures, transports, stores, processes, and merchandises agricultural commodities, ingredients, flavors, and solutions, producing items like corn syrup, animal feeds, ethanol, and various food ingredients.

ADM has a significant global presence, connecting crops and markets across 200 countries and operating on six continents: North America, South America, Europe, the Middle East, Africa, and Asia Pacific. The company manages over 270 plants and 420 crop procurement facilities worldwide.

ADM has consistently maintained a strong brand reputation, being named one of Fortune magazine's "World's Most Admired Companies" for many consecutive years, including 2022 and 2024. In the 2024 Just Food Excellence Awards, ADM received an award in the Environmental category for its significant contributions to environmental sustainability. However, ADM's reputation was impacted by an accounting scandal in its nutrition unit, which came to light more than a year prior to May 2025.

Archer-Daniels-Midland Co. (ADM) is primarily owned by institutional shareholders, who hold approximately 82.79% of the stock. Insiders own about 5.06%, and retail investors account for 12.15% of the ownership. Major institutional owners include Vanguard Group Inc., State Farm Mutual Automobile Insurance Co., BlackRock, Inc., State Street Corp, Wellington Management Group Llp, Charles Schwab Investment Management Inc., Geode Capital Management, Llc, Northern Trust Corp, Morgan Stanley, and Dodge & Cox. The largest individual shareholder is Mollie H. Carter, who owns 11.42 million shares, representing 2.38% of the company.