Archer Daniels Midland (NYSE:ADM) Stock Rating Upgraded by Wall Street Zen

Archer Daniels Midland (NYSE:ADM) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report issued on Monday, Wall Street Zen reports.

Several other analysts have also commented on ADM. Barclays lifted their price target on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. raised their target price 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. Morgan Stanley upgraded Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $60.00 to $79.00 in a research report on Wednesday, August 5th. UBS Group upped 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. Finally, Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $79.67.

Archer Daniels Midland Trading Up 3.8%

Shares of ADM opened at $84.38 on Monday. Archer Daniels Midland has a 12-month low of $55.58 and a 12-month high of $88.46. The firm has a market capitalization of $40.67 billion, a P/E ratio of 23.12, a P/E/G ratio of 2.48 and a beta of 0.62. The firm has a 50-day moving average price of $80.45 and a 200 day moving average price of $76.03. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27.

Archer Daniels Midland (NYSE:ADM) last issued its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.35. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The company had revenue of $22.68 billion for the quarter, compared to the consensus estimate of $22.75 billion. During the same period in the previous year, the firm earned $0.93 earnings per share. Archer Daniels Midland’s quarterly revenue 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. Sell-side analysts forecast that Archer Daniels Midland will post 5.46 EPS for the current year.

Institutional Trading of Archer Daniels Midland

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Archer Daniels Midland during the second quarter worth $3,409,089,000. California State Teachers Retirement System raised its holdings in shares of Archer Daniels Midland by 7,551.0% in the 2nd quarter. California State Teachers Retirement System now owns 42,784,458 shares of the company’s stock valued at $3,268,733,000 after buying an additional 42,225,256 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Archer Daniels Midland by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 18,829,140 shares of the company’s stock valued at $1,082,487,000 after buying an additional 449,815 shares during the period. Wellington Management Group LLP lifted its stake in 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 worth $1,350,005,000 after acquiring an additional 382,460 shares in the last quarter. Finally, Dodge & Cox lifted its stake in Archer Daniels Midland by 13.4% during the 4th quarter. Dodge & Cox now owns 17,084,645 shares of the company’s stock worth $982,196,000 after acquiring an additional 2,016,101 shares in the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

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.