Archer Daniels Midland (NYSE:ADM) Upgraded by Wall Street Zen to Strong-Buy Rating

Wall Street Zen upgraded shares of Archer Daniels Midland (NYSE:ADM) from a buy rating to a strong-buy rating in a research report sent to investors on Monday morning,Wall Street Zen reports.

ADM has been the topic of a number of other reports. JPMorgan Chase & Co. increased their price target on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. UBS Group increased their target price on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. 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, Barclays increased their price objective on Archer Daniels Midland from $85.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 5th. One investment 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, Archer Daniels Midland has a consensus rating of “Hold” and a consensus target price of $79.67.

Archer Daniels Midland Price Performance

Archer Daniels Midland stock opened at $81.36 on Monday. The firm has a market capitalization of $39.21 billion, a P/E ratio of 22.29 and a beta of 0.62. 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 current ratio of 1.39 and a quick ratio of 0.86. The business has a fifty day moving average price of $80.28 and a 200-day moving average price of $75.92.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.35. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The company had revenue of $22.68 billion for the quarter, compared to analyst estimates of $22.75 billion. During the same period in the previous year, the company posted $0.93 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts forecast that Archer Daniels Midland will post 5.46 EPS for the current year.

Archer Daniels Midland Announces Dividend

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

Hedge Funds Weigh In On Archer Daniels Midland

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Kelleher Financial Advisors purchased a new stake in shares of Archer Daniels Midland during the 2nd quarter valued at $25,000. Motiv8 Investments LLC purchased a new position in Archer Daniels Midland in the fourth quarter worth $26,000. Orion Capital Management LLC bought a new position in Archer Daniels Midland in the second quarter valued at $27,000. Sankala Group LLC purchased a new stake in Archer Daniels Midland during the fourth quarter valued at about $28,000. Finally, Nalls Sherbakoff Group LLC bought a new stake in Archer Daniels Midland during the fourth 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.