Analysts Set Archer Daniels Midland Company (NYSE:ADM) PT at $57.00

Archer Daniels Midland Company (NYSE:ADM) has received an average rating of “Reduce” from the nine ratings firms that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $58.00.

Several research analysts have recently issued reports on ADM shares. UBS Group reaffirmed a “buy” rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $63.00 price target on shares of Archer Daniels Midland in a report on Wednesday, February 4th. JPMorgan Chase & Co. raised their price objective on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the stock an “underweight” rating in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. Finally, Barclays raised their price target on Archer Daniels Midland from $61.00 to $68.00 and gave the stock an “equal weight” rating in a research report on Thursday.

Insider Buying and Selling at Archer Daniels Midland

In other Archer Daniels Midland news, Director David R. Mcatee II purchased 7,500 shares of Archer Daniels Midland stock in a transaction on Thursday, February 5th. The shares were bought at an average price of $64.90 per share, with a total value of $486,750.00. Following the purchase, the director directly owned 7,500 shares in the company, valued at $486,750. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jennifer L. Weber sold 25,000 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $67.04, for a total value of $1,676,000.00. Following the completion of the transaction, the senior vice president owned 123,668 shares of the company’s stock, valued at $8,290,702.72. The trade was a 16.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.70% of the company’s stock.

Hedge Funds Weigh In On Archer Daniels Midland

Hedge funds have recently made changes to their positions in the stock. Toth Financial Advisory Corp purchased a new position in shares of Archer Daniels Midland in the 4th quarter worth $25,000. Motiv8 Investments LLC acquired a new stake in Archer Daniels Midland during the fourth quarter worth about $26,000. Trust Co. of Vermont raised its holdings in shares of Archer Daniels Midland by 367.0% in the 3rd quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock worth $30,000 after purchasing an additional 400 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in shares of Archer Daniels Midland by 313.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock valued at $30,000 after purchasing an additional 386 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in shares of Archer Daniels Midland during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer Daniels Midland Price Performance

Shares of NYSE ADM opened at $67.63 on Tuesday. The company’s fifty day moving average is $63.89 and its two-hundred day moving average is $61.72. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.83 and a current ratio of 1.37. The firm has a market capitalization of $32.55 billion, a P/E ratio of 30.47, a PEG ratio of 0.91 and a beta of 0.71. Archer Daniels Midland has a one year low of $40.98 and a one year high of $70.09.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.07. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.39%. The firm had revenue of $18.56 billion for the quarter, compared to the consensus estimate of $21.03 billion. During the same quarter in the previous year, the firm earned $1.14 earnings per share. The firm’s revenue was down 13.7% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. Analysts forecast that Archer Daniels Midland will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 3.1%. 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%.

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.