Archer Daniels Midland Company (NYSE:ADM) Given Consensus Rating of “Hold” by Brokerages

Shares of Archer Daniels Midland Company (NYSE:ADM) have been assigned an average recommendation of “Hold” from the eight research firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $79.6667.

ADM has been the topic of several research reports. Weiss Ratings raised shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $60.00 to $79.00 in a research report on Wednesday, August 5th. Wall Street Zen raised Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, JPMorgan Chase & Co. increased their price objective on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 6th.

Archer Daniels Midland Price Performance

ADM stock opened at $81.32 on Tuesday. The company has a market capitalization of $39.19 billion, a P/E ratio of 22.28 and a beta of 0.62. Archer Daniels Midland has a twelve month low of $55.58 and a twelve month high of $88.46. The business has a 50 day simple moving average of $79.80 and a 200-day simple moving average of $74.99. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27.

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

Archer Daniels Midland Announces Dividend

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

Hedge Funds Weigh In On Archer Daniels Midland

Large investors have recently bought and sold shares of the company. Kelleher Financial Advisors acquired a new position in shares of Archer Daniels Midland during the second quarter worth about $25,000. Motiv8 Investments LLC purchased a new position in Archer Daniels Midland during the fourth quarter worth about $26,000. Sankala Group LLC acquired a new stake in Archer Daniels Midland in the fourth quarter valued at about $28,000. Nalls Sherbakoff Group LLC purchased a new stake in Archer Daniels Midland in the 4th quarter valued at approximately $29,000. Finally, Global Trust Asset Management LLC acquired a new position in Archer Daniels Midland during the 1st quarter worth approximately $29,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

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.