Archer Daniels Midland Company (NYSE:ADM) Receives $54.38 Consensus Target Price from Brokerages

Shares of Archer Daniels Midland Company (NYSE:ADM) have earned an average rating of “Reduce” from the nine ratings firms that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $54.3750.

Several research analysts recently issued reports on ADM shares. UBS Group reissued a “buy” rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $59.00 target price (down from $61.00) on shares of Archer Daniels Midland in a report on Wednesday, November 5th. Zacks Research lowered Archer Daniels Midland from a “hold” rating to a “strong sell” rating in a research note on Friday, November 7th. Morgan Stanley downgraded Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and decreased their price objective for the company from $57.00 to $50.00 in a report on Tuesday, December 16th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, October 8th.

Hedge Funds Weigh In On Archer Daniels Midland

A number of large investors have recently bought and sold shares of ADM. Tiemann Investment Advisors LLC increased its holdings in shares of Archer Daniels Midland by 4.5% in the 3rd quarter. Tiemann Investment Advisors LLC now owns 4,085 shares of the company’s stock valued at $244,000 after acquiring an additional 175 shares during the period. Centennial Wealth Advisory LLC lifted its stake in shares of Archer Daniels Midland by 1.5% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 12,696 shares of the company’s stock worth $758,000 after purchasing an additional 184 shares during the last quarter. Beacon Financial Advisory LLC boosted its position in Archer Daniels Midland by 1.0% during the second quarter. Beacon Financial Advisory LLC now owns 18,505 shares of the company’s stock valued at $977,000 after purchasing an additional 185 shares in the last quarter. Rothschild Investment LLC grew its stake in Archer Daniels Midland by 9.7% in the second quarter. Rothschild Investment LLC now owns 2,232 shares of the company’s stock valued at $118,000 after purchasing an additional 198 shares during the last quarter. Finally, United Capital Financial Advisors LLC raised its holdings in Archer Daniels Midland by 1.6% in the third quarter. United Capital Financial Advisors LLC now owns 12,897 shares of the company’s stock worth $770,000 after purchasing an additional 198 shares in the last quarter. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Trading Up 2.7%

ADM stock opened at $59.03 on Monday. Archer Daniels Midland has a 12 month low of $40.98 and a 12 month high of $65.00. The firm’s 50-day moving average is $58.88 and its 200 day moving average is $58.77. The company has a market capitalization of $28.37 billion, a PE ratio of 24.09, a P/E/G ratio of 4.04 and a beta of 0.70. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.92.

Archer Daniels Midland (NYSE:ADM) last issued its earnings results on Tuesday, November 4th. The company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. The business had revenue of $20.37 billion for the quarter, compared to the consensus estimate of $20.96 billion. Archer Daniels Midland had a net margin of 1.43% and a return on equity of 8.01%. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.09 EPS. Archer Daniels Midland has set its FY 2025 guidance at 3.250-3.500 EPS. On average, research analysts anticipate that Archer Daniels Midland will post 4.31 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Wednesday, November 19th. Archer Daniels Midland’s dividend payout ratio is presently 83.27%.

About Archer Daniels Midland

Archer Daniels Midland Company (ADM) is a global agricultural processor and food-ingredient provider that sources, transports and processes oilseeds, corn, wheat and other agricultural commodities. The company operates large-scale crushing, refining and processing facilities that produce vegetable oils, protein meals, corn sweeteners, starches, ethanol, animal feeds and a wide range of food and industrial ingredients. ADM also develops specialty ingredients and solutions for human and animal nutrition, food and beverage formulation, and industrial applications such as bio-based materials and renewable fuels.

ADM’s business combines commodity origination and merchandising with downstream manufacturing and ingredient formulation.