Archer Daniels Midland Company (NYSE:ADM) Receives $75.33 Consensus Target Price from Brokerages

Archer Daniels Midland Company (NYSE:ADM) has earned an average recommendation of “Reduce” from the eight brokerages that are covering the stock, MarketBeat.com reports. Two 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 target price among brokerages that have updated their coverage on the stock in the last year is $75.3333.

Several equities research analysts have recently commented on the stock. UBS Group boosted their target price on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Zacks Research downgraded shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Morgan Stanley boosted their target price on shares of Archer Daniels Midland from $54.00 to $58.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 6th. Wall Street Zen raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Jefferies Financial Group boosted their target price on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a research report on Monday, April 6th.

Institutional Investors Weigh In On Archer Daniels Midland

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Western Wealth Management LLC increased its position in shares of Archer Daniels Midland by 192.3% during the first quarter. Western Wealth Management LLC now owns 15,914 shares of the company’s stock worth $1,157,000 after acquiring an additional 10,469 shares in the last quarter. DV Trading LLC bought a new stake in Archer Daniels Midland in the 1st quarter worth about $218,000. Parallel Advisors LLC grew its position in Archer Daniels Midland by 42.2% in the 1st quarter. Parallel Advisors LLC now owns 6,681 shares of the company’s stock worth $486,000 after purchasing an additional 1,982 shares in the last quarter. NewEdge Advisors LLC grew its position in Archer Daniels Midland by 22.1% in the 1st quarter. NewEdge Advisors LLC now owns 24,582 shares of the company’s stock worth $1,787,000 after purchasing an additional 4,456 shares in the last quarter. Finally, Segall Bryant & Hamill LLC bought a new stake in Archer Daniels Midland in the 1st quarter worth about $389,000. 78.28% of the stock is owned by institutional investors.

Archer Daniels Midland Price Performance

Shares of NYSE ADM opened at $76.78 on Monday. The firm’s 50-day moving average price is $77.17 and its 200-day moving average price is $70.03. Archer Daniels Midland has a 1-year low of $51.34 and a 1-year high of $85.37. The firm has a market capitalization of $37.01 billion, a P/E ratio of 34.43 and a beta of 0.60. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.05. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The firm had revenue of $20.49 billion for the quarter, compared to analyst estimates of $21.35 billion. During the same quarter in the prior year, the business earned $0.70 earnings per share. The business’s quarterly 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. Equities research analysts anticipate that Archer Daniels Midland will post 4.47 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $2.08 annualized dividend and a dividend yield of 2.7%. Archer Daniels Midland’s payout ratio is presently 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.