Archer-Daniels-Midland Company (NYSE:ADM) has been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $41.53.

Several research analysts recently commented on the stock. Monness Crespi & Hardt dropped their target price on shares of Archer-Daniels-Midland from $38.00 to $37.00 and set a “sell” rating on the stock in a report on Wednesday. TheStreet downgraded shares of Archer-Daniels-Midland from a “b-” rating to a “c+” rating in a report on Tuesday, October 31st. Stifel Nicolaus set a $45.00 target price on shares of Archer-Daniels-Midland and gave the stock a “hold” rating in a report on Wednesday. Piper Jaffray Companies set a $39.00 target price on shares of Archer-Daniels-Midland and gave the stock a “hold” rating in a report on Tuesday, October 31st. Finally, BMO Capital Markets dropped their target price on shares of Archer-Daniels-Midland from $41.00 to $36.00 and set a “market perform” rating on the stock in a report on Wednesday.

Institutional investors have recently modified their holdings of the company. Enterprise Financial Services Corp boosted its position in shares of Archer-Daniels-Midland by 17.7% during the 2nd quarter. Enterprise Financial Services Corp now owns 2,526 shares of the company’s stock valued at $105,000 after acquiring an additional 380 shares in the last quarter. Manchester Capital Management LLC boosted its position in shares of Archer-Daniels-Midland by 28.3% during the 2nd quarter. Manchester Capital Management LLC now owns 2,718 shares of the company’s stock valued at $112,000 after acquiring an additional 600 shares in the last quarter. Carroll Financial Associates Inc. boosted its position in shares of Archer-Daniels-Midland by 24.7% during the 2nd quarter. Carroll Financial Associates Inc. now owns 3,854 shares of the company’s stock valued at $159,000 after acquiring an additional 764 shares in the last quarter. V Wealth Management LLC boosted its position in shares of Archer-Daniels-Midland by 0.5% during the 2nd quarter. V Wealth Management LLC now owns 4,486 shares of the company’s stock valued at $184,000 after acquiring an additional 22 shares in the last quarter. Finally, Exane Derivatives boosted its position in shares of Archer-Daniels-Midland by 575.0% during the 2nd quarter. Exane Derivatives now owns 4,509 shares of the company’s stock valued at $187,000 after acquiring an additional 3,841 shares in the last quarter. Institutional investors and hedge funds own 72.57% of the company’s stock.

Archer-Daniels-Midland (ADM) opened at $39.78 on Friday. The company has a market cap of $22,246.96, a price-to-earnings ratio of 16.78 and a beta of 1.11. Archer-Daniels-Midland has a twelve month low of $39.65 and a twelve month high of $47.88. The company has a quick ratio of 0.91, a current ratio of 1.61 and a debt-to-equity ratio of 0.38.

Archer-Daniels-Midland (NYSE:ADM) last announced its earnings results on Tuesday, October 31st. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.10). The firm had revenue of $14.83 billion during the quarter, compared to the consensus estimate of $16 billion. Archer-Daniels-Midland had a return on equity of 7.86% and a net margin of 2.01%. The business’s revenue was down 6.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.59 EPS. analysts expect that Archer-Daniels-Midland will post 2.41 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 7th. Shareholders of record on Thursday, November 16th will be given a $0.32 dividend. The ex-dividend date is Wednesday, November 15th. This represents a $1.28 annualized dividend and a yield of 3.22%. Archer-Daniels-Midland’s dividend payout ratio is 59.81%.

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