5 Dividend Stocks to Buy According to Greg Eisner’s Engineers Gate Manager

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In this article, we will take a look at the 5 dividend stocks to buy according to Greg Eisner’s Engineers Gate Manager. If you are interested in reading our comprehensive analysis of the history, investment philosophy, and hedge fund preference of Greg Eisner’s Engineers Gate Manager, head over to 10 Dividend Stocks to Buy According to Greg Eisner’s Engineers Gate Manager.

5. Archer Daniels Midland Company (NYSE:ADM)

Engineers Gate Manager’s Stake Value: $6.312 million

Percentage of Engineers Gate Manager’s 13F Portfolio: 0.4% 

Number of Hedge Fund Holders as of Q2 2021: 41

Dividend Yield: 2.25%

Headquartered in Chicago, Illinois, and founded in 1902, Archer-Daniels-Midland Company (NYSE: ADM) deals in processed food products and trades in commodities. Engineers Gate Manager increased its stakes in Archer-Daniels-Midland Company (NYSE: ADM) by 165% during the second quarter of 2021, which indicates a positive hedge fund sentiment.

On October 26, Archer-Daniels-Midland Company (NYSE: ADM) reported its Q3 2021 revenue to be $20.34 billion, which surpassed estimates by $2.18 billion. As a result of the company’s strong earnings, on October 27, Chris Shaw, an analyst at Monness Crespi, raised the firm’s price target on Archer-Daniels-Midland Company (NYSE: ADM) from $70 to $74 and maintained a “Buy” rating on its shares.

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