Archer Daniels Midland (NYSE:ADM) Price Target Raised to $90.00

Archer Daniels Midland (NYSE:ADM) had its target price boosted by Barclays from $85.00 to $90.00 in a report published on Wednesday morning, Marketbeat Ratings reports. They currently have an equal weight rating on the stock.

Other analysts have also issued research reports about the company. Wall Street Zen upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. UBS Group increased their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, June 15th. JPMorgan Chase & Co. boosted their price target on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. Zacks Research lowered shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Friday, July 17th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $79.67.

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $76.53 on Wednesday. The company has a market capitalization of $36.89 billion, a PE ratio of 20.97 and a beta of 0.62. The company has a 50-day simple moving average of $80.03 and a two-hundred day simple moving average of $74.37. Archer Daniels Midland has a one year low of $55.58 and a one year high of $88.46. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.80 and a current ratio of 1.39.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.35. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The firm had revenue of $22.68 billion for the quarter, compared to the consensus estimate of $22.75 billion. During the same quarter in the previous year, the firm earned $0.93 EPS. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Research analysts expect that Archer Daniels Midland will post 5.45 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 2.7%. The ex-dividend date is Wednesday, August 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 56.99%.

Institutional Investors Weigh In On Archer Daniels Midland

Hedge funds have recently bought and sold shares of the stock. Kelleher Financial Advisors acquired a new position in shares of Archer Daniels Midland in the 2nd quarter valued at $25,000. Motiv8 Investments LLC acquired a new stake in Archer Daniels Midland during the fourth quarter valued at $26,000. Sankala Group LLC purchased a new position in Archer Daniels Midland in the fourth quarter valued at $28,000. Nalls Sherbakoff Group LLC purchased a new position in Archer Daniels Midland in the fourth quarter valued at $29,000. Finally, Global Trust Asset Management LLC acquired a new position in shares of Archer Daniels Midland in the first quarter worth about $29,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

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.