Archer Daniels Midland (NYSE:ADM) Stock Lifted to Hold by Jefferies Financial Group

Jefferies Financial Group upgraded shares of Archer Daniels Midland (NYSE:ADM) to a hold rating in a research note issued to investors on Tuesday morning,Zacks reports.

A number of other research firms also recently commented on ADM. UBS Group lifted their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Wall Street Zen upgraded Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Zacks Research upgraded shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Finally, Barclays raised their price target on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $79.67.

Archer Daniels Midland Stock Performance

NYSE:ADM opened at $79.43 on Tuesday. Archer Daniels Midland has a 1-year low of $55.58 and a 1-year high of $88.75. The stock has a market cap of $38.28 billion, a P/E ratio of 21.76, a PEG ratio of 2.45 and a beta of 0.62. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. The firm has a 50-day moving average of $82.27 and a two-hundred day moving average of $78.27.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.35. The business had revenue of $22.68 billion during the quarter, compared to the consensus estimate of $22.75 billion. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, research analysts expect that Archer Daniels Midland will post 5.46 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Wednesday, August 19th. Archer Daniels Midland’s payout ratio is currently 56.99%.

Institutional Investors Weigh In On Archer Daniels Midland

Several hedge funds and other institutional investors have recently bought and sold shares of ADM. Havemeyer Place LP acquired a new stake in Archer Daniels Midland during the fourth quarter valued at approximately $901,000. Hsbc Holdings PLC bought a new stake in shares of Archer Daniels Midland during the 2nd quarter worth $76,067,000. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of Archer Daniels Midland by 73.3% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 519,997 shares of the company’s stock worth $29,895,000 after acquiring an additional 219,977 shares during the last quarter. CIBC Asset Management Inc raised its position in shares of Archer Daniels Midland by 61.2% during the fourth quarter. CIBC Asset Management Inc now owns 122,687 shares of the company’s stock worth $7,053,000 after purchasing an additional 46,568 shares during the period. Finally, Bank of America Corp DE purchased a new position in Archer Daniels Midland in the 2nd quarter worth about $180,096,000. 78.28% of the stock is currently owned by institutional investors.

About Archer Daniels Midland

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company that converts crops and other plant-based materials into food, feed, fuel and industrial ingredients. The company sources, transports, stores and processes commodities such as corn, soybeans, wheat and oilseeds through an extensive network of elevators, processing facilities and transportation assets.

ADM’s businesses include agricultural services and oilseeds, carbohydrate solutions, and nutrition.