Archer Daniels Midland (NYSE:ADM) Sets New 1-Year High – What’s Next?

Archer Daniels Midland Company (NYSE:ADM) shares hit a new 52-week high on Wednesday . The company traded as high as $69.80 and last traded at $69.2940, with a volume of 403851 shares trading hands. The stock had previously closed at $68.62.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Morgan Stanley cut Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $57.00 to $50.00 in a report on Tuesday, December 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a report on Wednesday, January 21st. BMO Capital Markets reissued a “market perform” rating and set a $63.00 price objective on shares of Archer Daniels Midland in a report on Wednesday, February 4th. JPMorgan Chase & Co. increased their price target on Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a research note on Wednesday, February 4th. Finally, Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Archer Daniels Midland presently has a consensus rating of “Reduce” and a consensus price target of $57.00.

Archer Daniels Midland Trading Down 0.9%

The stock has a 50-day simple moving average of $62.57 and a 200 day simple moving average of $61.00. The company has a market cap of $33.10 billion, a price-to-earnings ratio of 30.97, a PEG ratio of 0.93 and a beta of 0.71. The company has a current ratio of 11.20, a quick ratio of 0.92 and a debt-to-equity ratio of 0.33.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.07. The business had revenue of $18.56 billion during the quarter, compared to analysts’ expectations of $21.03 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.39%. The business’s revenue for the quarter was down 13.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.14 EPS. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. As a group, equities research analysts predict that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be issued a dividend of $0.52 per share. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.51. The ex-dividend date is Tuesday, February 17th. This represents a $2.08 annualized dividend and a yield of 3.0%. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 91.89%.

Insider Activity at Archer Daniels Midland

In other Archer Daniels Midland news, Director David R. Mcatee II bought 7,500 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The shares were purchased at an average price of $64.90 per share, with a total value of $486,750.00. Following the completion of the acquisition, the director directly owned 7,500 shares of the company’s stock, valued at $486,750. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Quadrant Capital Group LLC boosted its holdings in Archer Daniels Midland by 0.6% in the fourth quarter. Quadrant Capital Group LLC now owns 23,166 shares of the company’s stock valued at $1,332,000 after purchasing an additional 146 shares in the last quarter. Atlantic Union Bankshares Corp boosted its holdings 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 buying an additional 153 shares in the last quarter. Summit Financial LLC grew its position in shares of Archer Daniels Midland by 0.9% in the 4th quarter. Summit Financial LLC now owns 16,947 shares of the company’s stock valued at $974,000 after buying an additional 153 shares during the last quarter. Brookstone Capital Management raised its stake in Archer Daniels Midland by 4.5% during the 4th quarter. Brookstone Capital Management now owns 3,555 shares of the company’s stock worth $204,000 after acquiring an additional 154 shares in the last quarter. Finally, Checchi Capital Advisers LLC boosted its stake in Archer Daniels Midland by 2.6% in the fourth quarter. Checchi Capital Advisers LLC now owns 6,436 shares of the company’s stock valued at $370,000 after acquiring an additional 161 shares in the last quarter. 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.