Shares of Archer Daniels Midland Co. (NYSE:ADM) have earned an average recommendation of “Hold” from the sixteen analysts that are currently covering the company. Eleven equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $45.58.

Several equities research analysts have issued reports on ADM shares. Vetr raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating and set a $49.80 target price on the stock in a research note on Tuesday, September 6th. Argus raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating and lifted their target price for the stock from $43.93 to $54.00 in a research note on Thursday, August 4th. BB&T Corp. started coverage on shares of Archer Daniels Midland in a research note on Tuesday, July 12th. They set a “hold” rating on the stock. Zacks Investment Research cut shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 5th. Finally, Macquarie lifted their target price on shares of Archer Daniels Midland from $45.00 to $50.00 and gave the stock an “outperform” rating in a research note on Monday, August 29th.

Archer Daniels Midland (NYSE:ADM) traded down 1.16% on Friday, hitting $42.66. 853,825 shares of the stock were exchanged. The stock’s 50 day moving average price is $42.82 and its 200 day moving average price is $41.33. The firm has a market cap of $24.82 billion, a PE ratio of 17.26 and a beta of 1.02. Archer Daniels Midland has a 52-week low of $29.86 and a 52-week high of $47.03.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, August 2nd. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by $0.04. Archer Daniels Midland had a net margin of 2.35% and a return on equity of 6.88%. The company earned $15.63 billion during the quarter, compared to analyst estimates of $16.57 billion. During the same period in the prior year, the business posted $0.60 EPS. Archer Daniels Midland’s revenue was down 9.1% compared to the same quarter last year. Equities research analysts forecast that Archer Daniels Midland will post $2.23 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 7th. Investors of record on Wednesday, August 17th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, August 15th. This represents a $1.20 dividend on an annualized basis and a yield of 2.78%. Archer Daniels Midland’s dividend payout ratio is currently 48.58%.

In related news, insider Ambrose Michael D sold 41,525 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The stock was sold at an average price of $45.00, for a total transaction of $1,868,625.00. Following the completion of the transaction, the insider now owns 198,028 shares in the company, valued at approximately $8,911,260. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.15% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ADM. Washington Trust Bank raised its position in Archer Daniels Midland by 0.6% in the third quarter. Washington Trust Bank now owns 3,091 shares of the company’s stock worth $130,000 after buying an additional 17 shares in the last quarter. Butensky & Cohen Financial Security Inc. increased its stake in shares of Archer Daniels Midland by 0.3% in the second quarter. Butensky & Cohen Financial Security Inc. now owns 39,252 shares of the company’s stock valued at $1,684,000 after buying an additional 115 shares during the last quarter. Mn Services Vermogensbeheer B.V. increased its stake in shares of Archer Daniels Midland by 0.9% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 15,040 shares of the company’s stock valued at $581,000 after buying an additional 127 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Archer Daniels Midland by 0.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,916 shares of the company’s stock valued at $898,000 after buying an additional 131 shares during the last quarter. Finally, Eqis Capital Management Inc. increased its stake in shares of Archer Daniels Midland by 2.5% in the third quarter. Eqis Capital Management Inc. now owns 5,964 shares of the company’s stock valued at $252,000 after buying an additional 144 shares during the last quarter. Institutional investors and hedge funds own 72.78% of the company’s stock.

Archer Daniels Midland Company Profile

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