Archer Daniels Midland (NYSE:ADM) Downgraded by Wall Street Zen to Buy

Wall Street Zen downgraded shares of Archer Daniels Midland (NYSE:ADM) from a strong-buy rating to a buy rating in a research note published on Sunday morning.

A number of other research analysts have also weighed in on the company. Zacks Research upgraded Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Barclays boosted their target price 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. UBS Group increased their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. lifted their price objective on Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $79.67.

Archer Daniels Midland Price Performance

ADM stock opened at $80.10 on Friday. Archer Daniels Midland has a one year low of $55.58 and a one year high of $88.46. The company’s fifty day moving average price is $79.89 and its 200-day moving average price is $75.38. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39. The company has a market capitalization of $38.60 billion, a PE ratio of 21.95 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM) last posted its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.35. The company had revenue of $22.68 billion during the quarter, compared to analysts’ expectations of $22.75 billion. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. Archer Daniels Midland’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the company posted $0.93 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, equities analysts anticipate that Archer Daniels Midland will post 5.46 EPS for the current fiscal year.

Archer Daniels Midland Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kelleher Financial Advisors purchased a new stake in Archer Daniels Midland during the second quarter valued at approximately $25,000. Motiv8 Investments LLC purchased a new position in shares of Archer Daniels Midland in the 4th quarter worth approximately $26,000. Orion Capital Management LLC bought a new position in shares of Archer Daniels Midland during the 2nd quarter valued at approximately $27,000. Sankala Group LLC purchased a new stake in Archer Daniels Midland during the 4th quarter valued at $28,000. Finally, Nalls Sherbakoff Group LLC purchased a new stake in Archer Daniels Midland during the 4th quarter valued at $29,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

About Archer Daniels Midland

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.