Archer Daniels Midland (NYSE:ADM) Raised to “Strong-Buy” at Wall Street Zen

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

A number of other research firms have also commented on ADM. Barclays upped 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 report on Wednesday, August 5th. Zacks Research lowered Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. William Blair started coverage on shares of Archer Daniels Midland in a research note on Tuesday, September 15th. They issued a “buy” rating on the stock. BMO Capital Markets lifted their price objective on shares of Archer Daniels Midland from $77.00 to $82.00 and gave the stock a “market perform” rating in a research report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. cut their price objective on Archer Daniels Midland from $77.00 to $75.00 and set an “underweight” rating for the company in a research report on Monday, October 12th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $81.75.

Archer Daniels Midland Trading Up 0.1%

NYSE ADM opened at $76.97 on Friday. The company has a 50-day simple moving average of $81.87 and a 200-day simple moving average of $76.39. The firm has a market capitalization of $37.10 billion, a PE ratio of 21.09, a price-to-earnings-growth ratio of 2.32 and a beta of 0.63. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.39. Archer Daniels Midland has a one year low of $55.58 and a one year high of $88.75.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.35. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%. The firm had revenue of $22.68 billion during the quarter, compared to analyst estimates of $22.75 billion. During the same period in the prior year, the company posted $0.93 earnings per share. The business’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. On average, equities analysts forecast that Archer Daniels Midland will post 5.52 earnings per share for the current year.

Institutional Investors Weigh In On Archer Daniels Midland

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Triumph Capital Management raised its position in shares of Archer Daniels Midland by 62.2% during the 3rd quarter. Triumph Capital Management now owns 313 shares of the company’s stock valued at $25,000 after buying an additional 120 shares in the last quarter. CFS Investment Advisory Services LLC boosted its position in shares of Archer Daniels Midland by 0.7% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 17,871 shares of the company’s stock valued at $1,469,000 after acquiring an additional 127 shares during the last quarter. MGO One Seven LLC grew its position in Archer Daniels Midland by 0.9% in the 3rd quarter. MGO One Seven LLC now owns 17,320 shares of the company’s stock valued at $1,375,000 after acquiring an additional 156 shares in the last quarter. QRG Capital Management Inc. raised its position in shares of Archer Daniels Midland by 0.8% during the 1st quarter. QRG Capital Management Inc. now owns 20,648 shares of the company’s stock worth $1,501,000 after acquiring an additional 164 shares in the last quarter. Finally, Midwest Trust Co grew its holdings in shares of Archer Daniels Midland by 4.3% during the first quarter. Midwest Trust Co now owns 4,009 shares of the company’s stock worth $291,000 after buying an additional 167 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

About Archer Daniels Midland

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.