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

Archer Daniels Midland Company (NYSE:ADM) has received a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $79.6667.

A number of equities research analysts recently commented on ADM shares. Wall Street Zen downgraded Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a report on Tuesday. 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. 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. Morgan Stanley raised shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and upped their price objective for the company from $60.00 to $79.00 in a report on Wednesday, August 5th. Finally, UBS Group raised their target price on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, June 15th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of Archer Daniels Midland in the 2nd quarter valued at about $3,409,089,000. California State Teachers Retirement System boosted its position in Archer Daniels Midland by 7,551.0% during the second quarter. California State Teachers Retirement System now owns 42,784,458 shares of the company’s stock worth $3,268,733,000 after purchasing an additional 42,225,256 shares in the last quarter. Norges Bank acquired a new stake in Archer Daniels Midland in the fourth quarter valued at approximately $402,743,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Archer Daniels Midland by 3,379.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,761,397 shares of the company’s stock valued at $316,525,000 after buying an additional 5,595,801 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of Archer Daniels Midland by 831.3% during the 4th quarter. Victory Capital Management Inc. now owns 5,592,030 shares of the company’s stock worth $321,486,000 after buying an additional 4,991,550 shares during the period. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Archer Daniels Midland Price Performance

Shares of ADM opened at $84.66 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. The company’s fifty day moving average price is $81.13 and its 200-day moving average price is $76.47. Archer Daniels Midland has a 1-year low of $55.58 and a 1-year high of $88.46. The firm has a market capitalization of $40.80 billion, a PE ratio of 23.19, a price-to-earnings-growth ratio of 2.58 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 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 analysts’ expectations 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 quarter in the previous year, the firm posted $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, equities research analysts predict that Archer Daniels Midland will post 5.46 EPS for the current year.

Archer Daniels Midland Announces Dividend

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