Archer Daniels Midland Company (NYSE:ADM) Receives Average Recommendation of “Reduce” from Brokerages

Shares of Archer Daniels Midland Company (NYSE:ADM) have been given a consensus recommendation of “Reduce” by the eight brokerages that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $75.6667.

Several equities analysts have recently issued reports on the company. UBS Group lifted their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, June 15th. JPMorgan Chase & Co. raised their target price 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. Wall Street Zen raised Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Jefferies Financial Group upped their price target on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a report on Monday, April 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Friday, July 17th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ADM. Woodline Partners LP raised its position in shares of Archer Daniels Midland by 40.8% during the first quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock worth $1,941,000 after purchasing an additional 11,715 shares during the period. Daiwa Securities Group Inc. lifted its holdings in shares of Archer Daniels Midland by 5.3% during the second quarter. Daiwa Securities Group Inc. now owns 83,983 shares of the company’s stock valued at $4,433,000 after purchasing an additional 4,224 shares during the last quarter. Sei Investments Co. boosted its position in shares of Archer Daniels Midland by 40.0% in the 2nd quarter. Sei Investments Co. now owns 191,633 shares of the company’s stock valued at $10,116,000 after purchasing an additional 54,746 shares during the period. Glenview Trust co acquired a new position in shares of Archer Daniels Midland in the 2nd quarter valued at $203,000. Finally, Treasurer of the State of North Carolina increased its stake in Archer Daniels Midland by 2.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 223,280 shares of the company’s stock worth $11,785,000 after purchasing an additional 5,051 shares in the last quarter. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer Daniels Midland Trading Down 1.2%

Shares of NYSE:ADM opened at $86.27 on Friday. The company has a 50 day moving average of $79.74 and a 200-day moving average of $73.07. The company has a current ratio of 1.31, a quick ratio of 0.80 and a debt-to-equity ratio of 0.28. The firm has a market cap of $41.58 billion, a P/E ratio of 38.68 and a beta of 0.62. Archer Daniels Midland has a twelve month low of $52.96 and a twelve month high of $88.46.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $20.49 billion for the quarter, compared to analyst estimates of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter last year, the business earned $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. As a group, analysts anticipate that Archer Daniels Midland will post 4.76 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were paid a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $2.08 annualized dividend and a yield of 2.4%. Archer Daniels Midland’s dividend payout ratio is currently 93.27%.

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.