Analysts Set Archer Daniels Midland Company (NYSE:ADM) PT at $75.33

Shares of Archer Daniels Midland Company (NYSE:ADM) have been assigned a consensus rating of “Reduce” from the eight analysts that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $75.3333.

ADM has been the topic of a number of research reports. Barclays lifted their price objective on Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Zacks Research lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Jefferies Financial Group upped their price target on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Monday, April 20th. Finally, UBS Group lifted their price objective on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, June 15th.

Institutional Investors Weigh In On Archer Daniels Midland

Several institutional investors have recently modified their holdings of ADM. Norges Bank bought a new position in Archer Daniels Midland during the 4th quarter valued at about $402,743,000. Procyon Advisors LLC increased its holdings in Archer Daniels Midland by 174.0% during the 4th quarter. Procyon Advisors LLC now owns 39,442 shares of the company’s stock worth $2,268,000 after purchasing an additional 25,048 shares during the period. Swedbank AB raised its holdings in shares of Archer Daniels Midland by 9.2% in the fourth quarter. Swedbank AB now owns 399,047 shares of the company’s stock valued at $22,941,000 after acquiring an additional 33,647 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Archer Daniels Midland by 1,542.1% in the fourth quarter. Assenagon Asset Management S.A. now owns 397,444 shares of the company’s stock worth $22,849,000 after acquiring an additional 373,241 shares during the period. Finally, DoubleLine ETF Adviser LP bought a new position in Archer Daniels Midland during the 3rd quarter worth about $1,536,000. 78.28% of the stock is owned by institutional investors.

Archer Daniels Midland Stock Up 0.3%

ADM opened at $76.78 on Monday. The company has a market capitalization of $37.01 billion, a PE ratio of 34.43 and a beta of 0.60. The firm has a 50-day simple moving average of $77.17 and a two-hundred day simple moving average of $69.94. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. Archer Daniels Midland has a 52 week low of $51.34 and a 52 week high of $85.37.

Archer Daniels Midland (NYSE:ADM) last issued its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.05. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The firm had revenue of $20.49 billion for the quarter, compared to analysts’ expectations of $21.35 billion. During the same period in the previous year, the firm posted $0.70 earnings per share. The business’s revenue was up 1.6% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Analysts forecast that Archer Daniels Midland will post 4.47 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a $0.52 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $2.08 annualized dividend and a yield of 2.7%. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.27%.

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.