Share on StockTwits

Archer Daniels Midland Company (NYSE:ADM) VP John P. Stott sold 13,652 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $50.01, for a total value of $682,736.52. Following the sale, the vice president now directly owns 20,349 shares of the company’s stock, valued at approximately $1,017,653. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated an “outperform” rating on shares of Archer Daniels Midland Company in a research note on Thursday. They now have a $60.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Archer Daniels Midland Company from $46.00 to $48.00 in a research note on Friday, July 18th. They now have a “neutral” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Archer Daniels Midland Company in a research note on Wednesday, July 9th. They now have a $53.00 price target on the stock, up previously from $50.00. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $49.11.

Shares of Archer Daniels Midland Company (NYSE:ADM) opened at 49.74 on Monday. Archer Daniels Midland Company has a one year low of $34.21 and a one year high of $50.30. The stock has a 50-day moving average of $47.5 and a 200-day moving average of $44.02. The company has a market cap of $32.108 billion and a P/E ratio of 20.07.

Archer Daniels Midland Company (NYSE:ADM) last announced its earnings results on Tuesday, August 5th. The company reported $0.77 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.75 by $0.02. The company had revenue of $21.49 billion for the quarter, compared to the consensus estimate of $22.70 billion. During the same quarter last year, the company posted $0.46 earnings per share. Archer Daniels Midland Company’s revenue was down 4.6% compared to the same quarter last year. Analysts expect that Archer Daniels Midland Company will post $3.06 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, September 11th. Stockholders of record on Thursday, August 21st will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.93%. The ex-dividend date is Tuesday, August 19th.

Archer-Daniels-Midland-Company is engaged in the processing of oilseeds, corn, wheat, cocoa, and other agricultural commodities.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.