Jefferies Financial Group Issues Positive Forecast for Archer Daniels Midland (NYSE:ADM) Stock Price

Archer Daniels Midland (NYSE:ADM) had its price target increased by Jefferies Financial Group from $65.00 to $77.00 in a report released on Monday morning,Benzinga reports. They currently have a hold rating on the stock.

Several other research firms also recently weighed in on ADM. UBS Group reissued a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. Morgan Stanley downgraded shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $57.00 to $50.00 in a research report on Tuesday, December 16th. Zacks Research raised shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Barclays lifted their target price on shares of Archer Daniels Midland from $68.00 to $77.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $62.00.

Archer Daniels Midland Stock Performance

Shares of ADM opened at $73.36 on Monday. The firm’s 50 day moving average is $69.26 and its 200-day moving average is $63.60. The stock has a market capitalization of $35.35 billion, a P/E ratio of 33.04, a P/E/G ratio of 0.90 and a beta of 0.65. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.83. Archer Daniels Midland has a 12-month low of $40.98 and a 12-month high of $74.19.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.07. The business had revenue of $18.56 billion for the quarter, compared to the consensus estimate of $21.03 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.39%. The firm’s quarterly revenue was down 13.7% compared to the same quarter last year. During the same period last year, the firm posted $1.14 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. Equities research analysts anticipate that Archer Daniels Midland will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.8%. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. The ex-dividend date was Tuesday, February 17th. Archer Daniels Midland’s dividend payout ratio is presently 93.69%.

Insider Buying and Selling at Archer Daniels Midland

In other Archer Daniels Midland news, SVP Gregory A. Morris sold 50,000 shares of Archer Daniels Midland stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $68.48, for a total value of $3,424,000.00. Following the completion of the sale, the senior vice president directly owned 300,122 shares in the company, valued at $20,552,354.56. The trade was a 14.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David R. Mcatee II bought 7,500 shares of Archer Daniels Midland stock in a transaction on Thursday, February 5th. The stock was acquired at an average price of $64.90 per share, with a total value of $486,750.00. Following the completion of the purchase, the director directly owned 7,500 shares of the company’s stock, valued at approximately $486,750. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold 109,106 shares of company stock valued at $7,539,602 over the last three months. 1.20% of the stock is owned by insiders.

Institutional Trading of Archer Daniels Midland

A number of institutional investors have recently added to or reduced their stakes in ADM. Woodline Partners LP lifted its stake in Archer Daniels Midland by 40.8% in the first quarter. Woodline Partners LP now owns 40,429 shares of the company’s stock valued at $1,941,000 after acquiring an additional 11,715 shares during the last quarter. Panagora Asset Management Inc. acquired a new stake in Archer Daniels Midland in the second quarter valued at approximately $210,000. Arrowstreet Capital Limited Partnership lifted its stake in Archer Daniels Midland by 51.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 453,845 shares of the company’s stock valued at $23,954,000 after acquiring an additional 153,769 shares during the last quarter. CW Advisors LLC acquired a new stake in Archer Daniels Midland in the second quarter valued at approximately $699,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Archer Daniels Midland by 37.2% in the second quarter. EverSource Wealth Advisors LLC now owns 5,999 shares of the company’s stock worth $317,000 after buying an additional 1,628 shares during the last quarter. 78.28% of the stock is currently owned by institutional investors and hedge funds.

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.