Archer Daniels Midland (NYSE:ADM) Cut to Buy at Wall Street Zen

Wall Street Zen lowered shares of Archer Daniels Midland (NYSE:ADM) from a strong-buy rating to a buy rating in a research note released on Sunday morning.

Other equities research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. increased their price target on Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Barclays upped their target price on Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a report on Wednesday, August 5th. Weiss Ratings upgraded shares of Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. Finally, UBS Group upped their price objective on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $79.67.

Archer Daniels Midland Price Performance

Shares of ADM stock opened at $79.10 on Friday. The business has a fifty day simple moving average of $79.90 and a 200 day simple moving average of $75.54. The company has a market cap of $38.12 billion, a P/E ratio of 21.67 and a beta of 0.62. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.27. Archer Daniels Midland has a twelve month low of $55.58 and a twelve month high of $88.46.

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

Archer Daniels Midland Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Groupe la Francaise acquired a new stake in Archer Daniels Midland in the second quarter worth $4,400,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Archer Daniels Midland during the second quarter valued at about $24,911,000. California State Teachers Retirement System boosted its position in shares of Archer Daniels Midland by 7,551.0% during the 2nd quarter. California State Teachers Retirement System now owns 42,784,458 shares of the company’s stock worth $3,268,733,000 after purchasing an additional 42,225,256 shares in the last quarter. Ameritas Advisory Services LLC grew its stake in shares of Archer Daniels Midland by 19.7% in the 2nd quarter. Ameritas Advisory Services LLC now owns 7,465 shares of the company’s stock valued at $570,000 after buying an additional 1,227 shares during the period. Finally, Wedmont Private Capital grew its stake in shares of Archer Daniels Midland by 20.1% in the 2nd quarter. Wedmont Private Capital now owns 3,918 shares of the company’s stock valued at $315,000 after buying an additional 656 shares during the period. 78.28% of the stock is owned by 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.