Brokerages Set Archer Daniels Midland Company (NYSE:ADM) Target Price at $58.00

Archer Daniels Midland Company (NYSE:ADM) has received an average rating of “Reduce” from the nine analysts that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $58.00.

A number of research firms recently commented on ADM. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, January 21st. JPMorgan Chase & Co. raised their target price on Archer Daniels Midland from $60.00 to $61.00 and gave the stock an “underweight” rating in a research report on Wednesday, February 4th. BMO Capital Markets restated a “market perform” rating and issued a $63.00 target price on shares of Archer Daniels Midland in a research note on Wednesday, February 4th. Barclays upped their price target on Archer Daniels Midland from $61.00 to $68.00 and gave the company an “equal weight” rating in a research report on Thursday, February 19th. Finally, Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd.

Archer Daniels Midland Price Performance

ADM opened at $70.89 on Friday. Archer Daniels Midland has a fifty-two week low of $40.98 and a fifty-two week high of $73.72. The firm has a 50-day moving average of $67.61 and a 200 day moving average of $62.72. 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 cap of $34.11 billion, a P/E ratio of 31.93, a PEG ratio of 0.91 and a beta of 0.68.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, topping the consensus estimate 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 business had revenue of $18.56 billion for the quarter, compared to analyst estimates of $21.03 billion. During the same quarter in the previous year, the firm posted $1.14 earnings per share. The company’s revenue for the quarter 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. On average, research analysts expect that Archer Daniels Midland will post 4.31 EPS for the current year.

Archer Daniels Midland Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were given a dividend of $0.52 per share. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio (DPR) is 93.69%.

Insider Buying and Selling at Archer Daniels Midland

In related news, SVP Ian R. Pinner sold 34,106 shares of Archer Daniels Midland stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $71.53, for a total value of $2,439,602.18. Following the completion of the transaction, the senior vice president directly owned 90,676 shares in the company, valued at approximately $6,486,054.28. The trade was a 27.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jennifer L. Weber sold 25,000 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $67.04, for a total transaction of $1,676,000.00. Following the sale, the senior vice president directly owned 123,668 shares in the company, valued at $8,290,702.72. The trade was a 16.82% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 109,106 shares of company stock worth $7,539,602. 1.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Archer Daniels Midland

Several hedge funds have recently made changes to their positions in the stock. Rockefeller Capital Management L.P. boosted its stake in Archer Daniels Midland by 1.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 16,622 shares of the company’s stock worth $956,000 after purchasing an additional 174 shares during the period. Nalls Sherbakoff Group LLC bought a new stake in shares of Archer Daniels Midland during the fourth quarter valued at about $29,000. Corient Private Wealth LLC increased its position in shares of Archer Daniels Midland by 9.4% during the fourth quarter. Corient Private Wealth LLC now owns 119,629 shares of the company’s stock valued at $6,882,000 after buying an additional 10,287 shares during the period. Bayban purchased a new stake in shares of Archer Daniels Midland in the fourth quarter worth about $352,000. Finally, Sankala Group LLC bought a new position in shares of Archer Daniels Midland in the fourth quarter valued at approximately $28,000. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

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.