Brokerages Set Archer Daniels Midland Company (NYSE:ADM) Target Price at $79.67

Archer Daniels Midland Company (NYSE:ADM) has received an average rating of “Hold” from the eight analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $79.6667.

ADM has been the subject of a number of research reports. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Wall Street Zen upgraded shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. boosted their price target on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Barclays increased their price objective on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings raised shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th.

Institutional Trading of Archer Daniels Midland

Large investors have recently modified their holdings of the company. Quadrant Capital Group LLC boosted its position in Archer Daniels Midland by 0.6% during the 4th quarter. Quadrant Capital Group LLC now owns 23,166 shares of the company’s stock valued at $1,332,000 after acquiring an additional 146 shares in the last quarter. Atlantic Union Bankshares Corp increased its position in shares of Archer Daniels Midland by 5.1% in the 4th quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company’s stock valued at $180,000 after acquiring an additional 153 shares during the period. Summit Financial LLC raised its stake in shares of Archer Daniels Midland by 0.9% in the fourth quarter. Summit Financial LLC now owns 16,947 shares of the company’s stock worth $974,000 after purchasing an additional 153 shares during the last quarter. Checchi Capital Advisers LLC raised its position in Archer Daniels Midland by 2.6% during the 4th quarter. Checchi Capital Advisers LLC now owns 6,436 shares of the company’s stock worth $370,000 after buying an additional 161 shares during the last quarter. Finally, QRG Capital Management Inc. lifted its position in Archer Daniels Midland by 0.8% during the first quarter. QRG Capital Management Inc. now owns 20,648 shares of the company’s stock valued at $1,501,000 after purchasing an additional 164 shares during the period. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

Archer Daniels Midland stock opened at $80.19 on Tuesday. The stock has a market cap of $38.65 billion, a price-to-earnings ratio of 21.97 and a beta of 0.62. The stock’s 50 day simple moving average is $79.79 and its two-hundred day simple moving average is $74.80. Archer Daniels Midland has a fifty-two week low of $55.58 and a fifty-two week high of $88.46. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39.

Archer Daniels Midland (NYSE:ADM) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.35. The business had revenue of $22.68 billion during the quarter, compared to the consensus estimate of $22.75 billion. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, analysts expect that Archer Daniels Midland will post 5.46 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is 56.99%.

Archer Daniels Midland Company Profile

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.