Archer Daniels Midland (NYSE:ADM) Releases Earnings Results, Beats Expectations By $0.03 EPS

Archer Daniels Midland (NYSE:ADM) posted its earnings results on Tuesday. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03, Zacks reports. The firm had revenue of $20.37 billion during the quarter, compared to analyst estimates of $20.96 billion. Archer Daniels Midland had a net margin of 1.33% and a return on equity of 8.43%. Archer Daniels Midland’s revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.09 EPS. Archer Daniels Midland updated its FY 2025 guidance to 3.250-3.500 EPS.

Archer Daniels Midland Price Performance

ADM stock traded up $0.85 on Thursday, hitting $57.14. 266,744 shares of the company’s stock traded hands, compared to its average volume of 3,901,807. Archer Daniels Midland has a 1-year low of $40.98 and a 1-year high of $65.00. The stock has a market cap of $27.45 billion, a price-to-earnings ratio of 25.17, a P/E/G ratio of 4.78 and a beta of 0.70. The stock has a fifty day moving average of $61.44 and a 200-day moving average of $55.84. The company has a current ratio of 1.42, a quick ratio of 0.90 and a debt-to-equity ratio of 0.34.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ADM. Morgan Stanley boosted their target price on shares of Archer Daniels Midland from $47.00 to $57.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 12th. UBS Group reissued a “buy” rating and set a $70.00 target price (up from $60.00) on shares of Archer Daniels Midland in a research note on Monday, August 11th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $59.00 target price (down from $61.00) on shares of Archer Daniels Midland in a research note on Wednesday. Wall Street Zen raised shares of Archer Daniels Midland from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $55.25.

Institutional Trading of Archer Daniels Midland

Several institutional investors and hedge funds have recently added to or reduced their stakes in ADM. Quantinno Capital Management LP lifted its stake in Archer Daniels Midland by 284.9% during the second quarter. Quantinno Capital Management LP now owns 113,334 shares of the company’s stock valued at $5,982,000 after purchasing an additional 83,890 shares during the last quarter. Sei Investments Co. grew its position in Archer Daniels Midland by 40.0% during the 2nd quarter. Sei Investments Co. now owns 191,633 shares of the company’s stock worth $10,116,000 after purchasing an additional 54,746 shares in the last quarter. Raymond James Financial Inc. grew its position in Archer Daniels Midland by 9.1% during the 2nd quarter. Raymond James Financial Inc. now owns 644,085 shares of the company’s stock worth $33,995,000 after purchasing an additional 53,902 shares in the last quarter. State of Tennessee Department of Treasury grew its position in Archer Daniels Midland by 62.2% during the 2nd quarter. State of Tennessee Department of Treasury now owns 105,882 shares of the company’s stock worth $5,588,000 after purchasing an additional 40,597 shares in the last quarter. Finally, Orion Porfolio Solutions LLC grew its position in Archer Daniels Midland by 43.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 49,064 shares of the company’s stock worth $2,590,000 after purchasing an additional 14,958 shares in the last quarter. 78.28% of the stock is owned by institutional investors and hedge funds.

About Archer Daniels Midland

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.