Archer Daniels Midland Company (NYSE:ADM) Stock Has Consensus Price Target of $79.67 According to Brokerages

Archer Daniels Midland Company (NYSE:ADM – Get Free Report) has been assigned a consensus rating of “Hold” from the eight ratings firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $79.67.

A number of brokerages have issued reports on ADM. Morgan Stanley raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $60.00 to $79.00 in a report on Wednesday, August 5th. Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. UBS Group upped their price objective on Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Finally, Jefferies Financial Group upgraded shares of Archer Daniels Midland to a “hold” rating in a research report on Tuesday, September 29th.

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Archer Daniels Midland Stock Performance

NYSE ADM opened at $80.47 on Wednesday. The firm’s fifty day moving average price is $81.87 and its two-hundred day moving average price is $78.44. The stock has a market cap of $38.78 billion, a PE ratio of 22.05, a PEG ratio of 2.45 and a beta of 0.64. Archer Daniels Midland has a fifty-two week low of $55.58 and a fifty-two week high of $88.75. 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 – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $22.68 billion during the quarter, compared to the consensus estimate of $22.75 billion. During the same period in the prior year, the business earned $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. On average, equities analysts expect that Archer Daniels Midland will post 5.46 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Wednesday, August 19th. Archer Daniels Midland’s payout ratio is 56.99%.

Institutional Trading of Archer Daniels Midland

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Versant Capital Management Inc raised its position in Archer Daniels Midland by 14.0% during the 3rd quarter. Versant Capital Management Inc now owns 1,550 shares of the company’s stock worth $123,000 after purchasing an additional 190 shares during the last quarter. QRG Capital Management Inc. grew its position in shares of Archer Daniels Midland by 1.9% in the 2nd quarter. QRG Capital Management Inc. now owns 21,044 shares of the company’s stock valued at $1,608,000 after buying an additional 396 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Archer Daniels Midland in the second quarter valued at about $278,000. Core Capital Management & Research inc. bought a new position in shares of Archer Daniels Midland during the second quarter worth about $973,000. Finally, Sequoia Financial Advisors LLC lifted its stake in shares of Archer Daniels Midland by 2.6% in the second quarter. Sequoia Financial Advisors LLC now owns 29,151 shares of the company’s stock worth $2,227,000 after acquiring an additional 744 shares during the period. 78.28% of the stock is currently owned by institutional investors and hedge funds.

About Archer Daniels Midland

(Get Free Report)

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.

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