Archer Daniels Midland Company (NYSE:ADM) Stock Has Average Price Target of $81.75

Archer Daniels Midland Company (NYSE:ADM) has received an average rating of “Hold” from the eleven analysts that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $81.75.

ADM has been the topic of a number of recent research reports. JPMorgan Chase & Co. lowered their price objective on 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. Stephens boosted 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 report on Tuesday, July 21st. Weiss Ratings raised shares of Archer Daniels Midland from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. William Blair assumed coverage on Archer Daniels Midland in a report on Tuesday, September 15th. They issued a “buy” rating for the company. Finally, Wall Street Zen lowered Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 10th.

Archer Daniels Midland Stock Down 1.0%

Shares of NYSE:ADM opened at $78.23 on Friday. Archer Daniels Midland has a 52 week low of $55.58 and a 52 week high of $88.75. The company has a 50 day moving average price of $82.16 and a two-hundred day moving average price of $76.16.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.35. The company had revenue of $22.68 billion during the quarter, compared to the consensus estimate of $22.75 billion. During the same quarter in the prior year, the business earned $0.93 earnings per share. 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 anticipate that Archer Daniels Midland will post 5.52 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th were issued a $0.52 dividend. The ex-dividend date was Wednesday, August 19th. This represents a $2.08 annualized dividend and a yield of 2.7%.

Institutional Investors Weigh In On Archer Daniels Midland

A number of institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE purchased a new stake in Archer Daniels Midland in the second quarter valued at $180,096,000. Hsbc Holdings PLC acquired a new position in Archer Daniels Midland during the 2nd quarter worth approximately $76,067,000. Empowered Funds LLC purchased a new stake in shares of Archer Daniels Midland during the 2nd quarter worth $2,585,000. Jupiter Topco LLC purchased a new stake in shares of Archer Daniels Midland during the 2nd quarter worth approximately $8,819,000. Finally, Engineers Gate Manager LP raised its stake in shares of Archer Daniels Midland by 88.2% during the 2nd quarter. Engineers Gate Manager LP now owns 42,582 shares of the company’s stock worth $3,253,000 after buying an additional 19,953 shares during the last quarter. 78.28% of the stock is owned by institutional investors.

Archer Daniels Midland Company Profile

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.