Shares of Archer Daniels Midland Co. (NYSE:ADM) have been given an average recommendation of “Hold” by the fifteen research firms that are currently covering the company. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $44.21.

A number of analysts have recently commented on ADM shares. Argus raised Archer Daniels Midland from a “hold” rating to a “buy” rating and boosted their price target for the stock from $43.93 to $54.00 in a research report on Thursday, August 4th. JPMorgan Chase & Co. cut Archer Daniels Midland from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $42.00 to $36.00 in a research report on Friday, November 11th. Vetr raised Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 26th. Finally, Macquarie boosted their price target on Archer Daniels Midland from $45.00 to $50.00 and gave the stock an “outperform” rating in a research report on Monday, August 29th.

Archer Daniels Midland (NYSE:ADM) opened at 43.49 on Friday. The company has a market capitalization of $25.02 billion, a price-to-earnings ratio of 16.44 and a beta of 0.88. Archer Daniels Midland has a one year low of $29.86 and a one year high of $47.88. The firm’s 50-day moving average price is $43.51 and its 200 day moving average price is $42.64.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings results on Tuesday, November 1st. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.13. Archer Daniels Midland had a return on equity of 6.79% and a net margin of 2.53%. The firm had revenue of $15.83 billion for the quarter, compared to analysts’ expectations of $16.23 billion. During the same period in the previous year, the firm posted $0.60 EPS. The business’s revenue for the quarter was down 4.4% compared to the same quarter last year. On average, equities research analysts expect that Archer Daniels Midland will post $2.29 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Wednesday, November 16th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date is Monday, November 14th. Archer Daniels Midland’s payout ratio is 45.45%.

In other news, VP John P. Stott sold 2,418 shares of the business’s stock in a transaction on Wednesday, November 2nd. The shares were sold at an average price of $47.74, for a total transaction of $115,435.32. Following the completion of the sale, the vice president now owns 36,880 shares of the company’s stock, valued at approximately $1,760,651.20. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Ambrose Michael D sold 20,762 shares of the business’s stock in a transaction on Tuesday, November 1st. The shares were sold at an average price of $47.16, for a total transaction of $979,135.92. Following the sale, the insider now directly owns 177,265 shares of the company’s stock, valued at approximately $8,359,817.40. The disclosure for this sale can be found here. Insiders own 3.15% of the company’s stock.

Several large investors have recently modified their holdings of ADM. Vanguard Group Inc. increased its stake in shares of Archer Daniels Midland by 1.5% in the second quarter. Vanguard Group Inc. now owns 40,569,026 shares of the company’s stock worth $1,740,005,000 after buying an additional 612,904 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Archer Daniels Midland by 5.1% in the second quarter. Massachusetts Financial Services Co. MA now owns 19,556,322 shares of the company’s stock worth $838,772,000 after buying an additional 948,087 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in shares of Archer Daniels Midland by 4.6% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 16,293,996 shares of the company’s stock worth $687,118,000 after buying an additional 723,036 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Archer Daniels Midland by 6.0% in the third quarter. Bank of New York Mellon Corp now owns 12,580,462 shares of the company’s stock worth $530,517,000 after buying an additional 715,242 shares during the last quarter. Finally, Northern Trust Corp increased its stake in shares of Archer Daniels Midland by 2.1% in the third quarter. Northern Trust Corp now owns 9,526,894 shares of the company’s stock worth $401,749,000 after buying an additional 191,871 shares during the last quarter. 73.45% of the stock is owned by hedge funds and other institutional investors.

About Archer Daniels Midland

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