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

Shares of Archer Daniels Midland Company (NYSE:ADM) have been assigned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $79.67.

A number of research analysts have recently issued reports on the company. Barclays boosted their price objective on Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 5th. UBS Group lifted their target price on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Morgan Stanley raised 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 note on Wednesday, August 5th. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th.

Archer Daniels Midland Trading Down 0.3%

ADM opened at $82.19 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. Archer Daniels Midland has a fifty-two week low of $55.58 and a fifty-two week high of $88.75. The company’s 50 day moving average price is $81.82 and its two-hundred day moving average price is $78.59. The firm has a market capitalization of $39.61 billion, a price-to-earnings ratio of 22.52, a PEG ratio of 2.52 and a beta of 0.64.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data 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. The company had revenue of $22.68 billion during the quarter, compared to the consensus estimate of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The firm’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company earned $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, research analysts predict that Archer Daniels Midland will post 5.46 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 56.99%.

Hedge Funds Weigh In On Archer Daniels Midland

Institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in Archer Daniels Midland during the 2nd quarter worth approximately $3,409,089,000. Wellington Management Group LLP grew its stake in Archer Daniels Midland by 2.2% in the second quarter. Wellington Management Group LLP now owns 17,670,220 shares of the company’s stock valued at $1,350,005,000 after acquiring an additional 382,460 shares during the period. Norges Bank bought a new stake in shares of Archer Daniels Midland during the fourth quarter valued at approximately $402,743,000. Victory Capital Management Inc. raised its position in shares of Archer Daniels Midland by 831.3% during the fourth quarter. Victory Capital Management Inc. now owns 5,592,030 shares of the company’s stock worth $321,486,000 after purchasing an additional 4,991,550 shares during the period. Finally, Pacer Advisors Inc. raised its position in shares of Archer Daniels Midland by 4.1% during the fourth quarter. Pacer Advisors Inc. now owns 4,585,316 shares of the company’s stock worth $263,610,000 after purchasing an additional 179,889 shares during the period. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company that converts crops and other plant-based materials into food, feed, fuel and industrial ingredients. The company sources, transports, stores and processes commodities such as corn, soybeans, wheat and oilseeds through an extensive network of elevators, processing facilities and transportation assets.

ADM’s businesses include agricultural services and oilseeds, carbohydrate solutions, and nutrition.