Archer Daniels Midland (NYSE:ADM) Stock Rating Cut to “Buy” at Wall Street Zen

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

Other equities analysts also recently issued reports about the stock. UBS Group increased their price objective 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. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $60.00 to $79.00 in a research note on Wednesday, August 5th. Weiss Ratings upgraded shares of Archer Daniels Midland from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday. Barclays raised their price target 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. Finally, Jefferies Financial Group raised shares of Archer Daniels Midland to a “hold” rating in a report on Tuesday, September 29th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Archer Daniels Midland has an average rating of “Hold” and a consensus price target of $79.67.

Archer Daniels Midland Trading Down 3.2%

NYSE ADM opened at $79.79 on Friday. Archer Daniels Midland has a one year low of $55.58 and a one year high of $88.75. 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 stock’s 50-day moving average is $81.90 and its 200-day moving average is $78.81. The firm has a market cap of $38.46 billion, a P/E ratio of 21.86, a P/E/G ratio of 2.44 and a beta of 0.64.

Archer Daniels Midland (NYSE:ADM) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 2.16% and a return on equity of 9.21%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. Sell-side analysts anticipate that Archer Daniels Midland will post 5.45 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th were issued a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Archer Daniels Midland’s payout ratio is 56.99%.

Institutional Trading of Archer Daniels Midland

A number of hedge funds have recently added to or reduced their stakes in ADM. BlackRock Inc. acquired a new position in shares of Archer Daniels Midland during the second quarter worth $3,409,089,000. Wellington Management Group LLP boosted its holdings in shares of Archer Daniels Midland by 2.2% during the 2nd quarter. Wellington Management Group LLP now owns 17,670,220 shares of the company’s stock valued at $1,350,005,000 after acquiring an additional 382,460 shares in the last quarter. Victory Capital Management Inc. grew its position in Archer Daniels Midland by 831.3% during the 4th quarter. Victory Capital Management Inc. now owns 5,592,030 shares of the company’s stock worth $321,486,000 after acquiring an additional 4,991,550 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Archer Daniels Midland by 4.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,806,192 shares of the company’s stock worth $276,647,000 after purchasing an additional 163,749 shares in the last quarter. Finally, Pacer Advisors Inc. raised its position in Archer Daniels Midland by 4.1% in the fourth quarter. Pacer Advisors Inc. now owns 4,585,316 shares of the company’s stock valued at $263,610,000 after purchasing an additional 179,889 shares during the last quarter. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company that converts crops and other plant-based materials into food, feed, fuel and industrial ingredients. The company sources, transports, stores and processes commodities such as corn, soybeans, wheat and oilseeds through an extensive network of elevators, processing facilities and transportation assets.

ADM’s businesses include agricultural services and oilseeds, carbohydrate solutions, and nutrition.