Shares of Archer-Daniels-Midland Company (NYSE:ADM) have been assigned a consensus rating of “Hold” from the eleven analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $43.25.

A number of research firms have commented on ADM. Zacks Investment Research cut shares of Archer-Daniels-Midland from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Vetr upgraded shares of Archer-Daniels-Midland from a “buy” rating to a “strong-buy” rating and set a $46.76 target price on the stock in a research note on Wednesday, May 31st. BidaskClub upgraded shares of Archer-Daniels-Midland from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 3rd. Citigroup Inc. restated a “buy” rating on shares of Archer-Daniels-Midland in a research note on Wednesday, July 12th. Finally, Stifel Nicolaus restated a “hold” rating and set a $45.00 target price (up previously from $40.00) on shares of Archer-Daniels-Midland in a research note on Thursday, August 3rd.

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Institutional investors have recently added to or reduced their stakes in the company. Guardian Life Insurance Co. of America raised its position in shares of Archer-Daniels-Midland by 0.4% during the first quarter. Guardian Life Insurance Co. of America now owns 2,206 shares of the company’s stock valued at $102,000 after buying an additional 8 shares during the last quarter. Enterprise Financial Services Corp raised its position in shares of Archer-Daniels-Midland by 17.7% during the second quarter. Enterprise Financial Services Corp now owns 2,526 shares of the company’s stock valued at $105,000 after buying an additional 380 shares during the last quarter. Manchester Capital Management LLC raised its position in shares of Archer-Daniels-Midland by 28.3% during the second quarter. Manchester Capital Management LLC now owns 2,718 shares of the company’s stock valued at $112,000 after buying an additional 600 shares during the last quarter. Point72 Asia Hong Kong Ltd raised its position in shares of Archer-Daniels-Midland by 681.1% during the first quarter. Point72 Asia Hong Kong Ltd now owns 3,398 shares of the company’s stock valued at $156,000 after buying an additional 2,963 shares during the last quarter. Finally, Carroll Financial Associates Inc. raised its position in shares of Archer-Daniels-Midland by 24.7% during the second quarter. Carroll Financial Associates Inc. now owns 3,854 shares of the company’s stock valued at $159,000 after buying an additional 764 shares during the last quarter. Hedge funds and other institutional investors own 72.86% of the company’s stock.

Archer-Daniels-Midland (ADM) traded up 0.90% during mid-day trading on Friday, hitting $43.84. 5,604,342 shares of the stock traded hands. Archer-Daniels-Midland has a 1-year low of $40.22 and a 1-year high of $47.88. The stock has a market cap of $24.66 billion, a price-to-earnings ratio of 18.54 and a beta of 1.11. The company’s 50 day moving average price is $42.21 and its 200-day moving average price is $42.95.

Archer-Daniels-Midland (NYSE:ADM) last released its earnings results on Tuesday, August 1st. The company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.05. Archer-Daniels-Midland had a net margin of 2.22% and a return on equity of 8.40%. The company had revenue of $14.94 billion for the quarter, compared to analysts’ expectations of $15.86 billion. During the same quarter last year, the business earned $0.41 EPS. The firm’s revenue was down 4.4% compared to the same quarter last year. Analysts predict that Archer-Daniels-Midland will post $2.60 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 7th. Stockholders of record on Thursday, August 17th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.92%. The ex-dividend date was Tuesday, August 15th. Archer-Daniels-Midland’s payout ratio is currently 53.78%.

About Archer-Daniels-Midland

Analyst Recommendations for Archer-Daniels-Midland (NYSE:ADM)

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