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

Archer Daniels Midland Company (NYSE:ADM)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $70.48 and last traded at $69.0850, with a volume of 308492 shares trading hands. The stock had previously closed at $69.04.

Analysts Set New Price Targets

A number of analysts recently issued reports on ADM shares. BMO Capital Markets restated a “market perform” rating and set a $63.00 price objective on shares of Archer Daniels Midland in a report on Wednesday, February 4th. Zacks Research upgraded shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. JPMorgan Chase & Co. increased their price objective on Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a report on Wednesday, February 4th. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. Finally, Barclays increased their price target on Archer Daniels Midland from $61.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 19th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Archer Daniels Midland has a consensus rating of “Reduce” and an average target price of $58.00.

Archer Daniels Midland Price Performance

The business’s fifty day simple moving average is $64.66 and its 200-day simple moving average is $61.98. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 0.29. The firm has a market cap of $33.11 billion, a P/E ratio of 31.02, a PEG ratio of 0.92 and a beta of 0.68.

Archer Daniels Midland (NYSE:ADM) last announced 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. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The company had revenue of $18.56 billion during the quarter, compared to analysts’ expectations of $21.03 billion. During the same period in the previous year, the business earned $1.14 earnings per share. The firm’s quarterly revenue was down 13.7% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. As a group, analysts forecast that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.0%. This is an increase from Archer Daniels Midland’s previous quarterly dividend of $0.51. The ex-dividend date is Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio (DPR) is 93.69%.

Insider Activity at Archer Daniels Midland

In other news, Director David R. Mcatee II purchased 7,500 shares of Archer Daniels Midland stock in a transaction dated Thursday, February 5th. The stock was purchased at an average cost of $64.90 per share, for a total transaction of $486,750.00. Following the transaction, the director directly owned 7,500 shares of the company’s stock, valued at approximately $486,750. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Jennifer L. Weber sold 25,000 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $67.04, for a total value of $1,676,000.00. Following the completion of the sale, the senior vice president owned 123,668 shares in the company, valued at $8,290,702.72. This trade represents a 16.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Archer Daniels Midland

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Woodline Partners LP grew its holdings in shares of Archer Daniels Midland by 40.8% during the first quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock worth $1,941,000 after purchasing an additional 11,715 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Archer Daniels Midland by 18.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 101,348 shares of the company’s stock worth $5,349,000 after buying an additional 15,552 shares in the last quarter. Bessemer Group Inc. increased its holdings in shares of Archer Daniels Midland by 34.1% in the 2nd quarter. Bessemer Group Inc. now owns 14,704 shares of the company’s stock worth $775,000 after buying an additional 3,741 shares during the last quarter. Arkadios Wealth Advisors raised its position in shares of Archer Daniels Midland by 120.4% during the 2nd quarter. Arkadios Wealth Advisors now owns 11,035 shares of the company’s stock valued at $582,000 after buying an additional 6,029 shares in the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of Archer Daniels Midland by 12.8% during the 2nd quarter. Assetmark Inc. now owns 12,436 shares of the company’s stock worth $656,000 after acquiring an additional 1,408 shares during the last quarter. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

About Archer Daniels Midland

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.