Archer Daniels Midland (NYSE:ADM) Stock Rating Raised to Strong-Buy at Wall Street Zen

by · The Markets Daily

Wall Street Zen upgraded shares of Archer Daniels Midland (NYSE:ADM – Free Report) from a buy rating to a strong-buy rating in a research note released on Saturday morning,Wall Street Zen reports.

Other analysts have also recently issued research reports about the company. Zacks Research cut Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $60.00 to $79.00 in a research note on Wednesday, August 5th. Barclays increased their target price on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 5th. Stephens raised their target price on shares of Archer Daniels Midland from $80.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Finally, JPMorgan Chase & Co. decreased their target price on shares of Archer Daniels Midland from $77.00 to $75.00 and set an “underweight” rating on the stock in a research note on Monday, October 12th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $81.75.

Read Our Latest Stock Analysis on Archer Daniels Midland

Archer Daniels Midland Trading Up 1.0%

Shares of ADM stock opened at $76.97 on Friday. Archer Daniels Midland has a 1 year low of $55.58 and a 1 year high of $88.75. The firm has a fifty day moving average price of $81.87 and a 200-day moving average price of $76.39. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86. The company has a market cap of $37.10 billion, a price-to-earnings ratio of 21.09, a PEG ratio of 2.32 and a beta of 0.64.

Archer Daniels Midland (NYSE:ADM – Get Free Report) last posted its quarterly earnings data 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 analyst estimates of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%. Archer Daniels Midland’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, equities analysts predict that Archer Daniels Midland will post 5.52 earnings per share for the current year.

Archer Daniels Midland Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were given a dividend of $0.52 per share. The ex-dividend date was Wednesday, August 19th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.7%. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 56.99%.

Institutional Investors Weigh In On Archer Daniels Midland

Several large investors have recently made changes to their positions in ADM. Bank of America Corp DE purchased a new position in shares of Archer Daniels Midland during the second quarter valued at approximately $180,096,000. Hsbc Holdings PLC bought a new position in shares of Archer Daniels Midland during the second quarter valued at approximately $76,067,000. Empowered Funds LLC bought a new position in shares of Archer Daniels Midland during the second quarter valued at approximately $2,585,000. TD Waterhouse Canada Inc. raised its holdings in shares of Archer Daniels Midland by 23.2% in the third quarter. TD Waterhouse Canada Inc. now owns 125,876 shares of the company’s stock worth $10,024,000 after buying an additional 23,718 shares during the period. Finally, Jupiter Topco LLC purchased a new stake in shares of Archer Daniels Midland in the second quarter worth approximately $8,819,000. 78.28% of the stock is owned by institutional investors.

About Archer Daniels Midland

(Get Free Report)

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company. Founded in 1902, ADM connects farmers and producers with markets worldwide by sourcing, transporting, storing and processing crops and other agricultural commodities.

The company processes oilseeds, corn, wheat and other crops into ingredients and products used in food and beverages, animal nutrition, renewable fuels and industrial applications. Its offerings include vegetable oils, protein meals, sweeteners, starches, flour, food ingredients, animal feed ingredients and biofuels, as well as specialty ingredients developed through its nutrition businesses.

ADM operates an integrated network of agricultural facilities, processing plants, transportation assets and commercial offices serving customers across North America, South America, Europe, Asia and other international markets.

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