Archer Daniels Midland (NYSE:ADM) Sets New 12-Month High – Here’s Why

Archer Daniels Midland Company (NYSE:ADM)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $70.48 and last traded at $69.0850, with a volume of 308492 shares trading hands. The stock had previously closed at $69.04.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a report on Wednesday, January 21st. UBS Group restated a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. BMO Capital Markets reiterated a “market perform” rating and set a $63.00 price target on shares of Archer Daniels Midland in a report on Wednesday, February 4th. Finally, Morgan Stanley downgraded Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and decreased their price objective for the company from $57.00 to $50.00 in a report on Tuesday, December 16th. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $58.00.

Archer Daniels Midland Trading Down 0.3%

The firm’s fifty day moving average is $64.66 and its 200-day moving average is $61.98. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.83. The firm has a market cap of $33.11 billion, a price-to-earnings ratio of 31.02, a price-to-earnings-growth ratio of 0.92 and a beta of 0.68.

Archer Daniels Midland (NYSE:ADM) last issued its earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.07. The business had revenue of $18.56 billion during the quarter, compared to the consensus estimate of $21.03 billion. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The firm’s revenue for the quarter was down 13.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.14 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. Equities analysts anticipate that Archer Daniels Midland Company will post 4.31 earnings per share for the current year.

Archer Daniels Midland Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be issued a dividend of $0.52 per share. This is an increase from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.69%.

Insider Activity

In other news, Director David R. Mcatee II bought 7,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The stock was acquired at an average cost of $64.90 per share, with a total value of $486,750.00. Following the transaction, the director directly owned 7,500 shares of the company’s stock, valued at approximately $486,750. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jennifer L. Weber sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $67.04, for a total value of $1,676,000.00. Following the completion of the sale, the senior vice president directly owned 123,668 shares of the company’s stock, valued at $8,290,702.72. This trade represents a 16.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.70% of the company’s stock.

Hedge Funds Weigh In On Archer Daniels Midland

Hedge funds have recently bought and sold shares of the company. Toth Financial Advisory Corp bought a new position in shares of Archer Daniels Midland during the fourth quarter valued at about $25,000. Motiv8 Investments LLC bought a new position in shares of Archer Daniels Midland during the 4th quarter worth approximately $26,000. Trust Co. of Vermont boosted its stake in shares of Archer Daniels Midland by 367.0% in the 3rd quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock worth $30,000 after buying an additional 400 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of Archer Daniels Midland by 313.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock valued at $30,000 after acquiring an additional 386 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in shares of Archer Daniels Midland during the fourth quarter valued at approximately $31,000. 78.28% of the stock is owned by hedge funds and other institutional investors.

About Archer Daniels Midland

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.