JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Archer Daniels Midland (NYSE:ADM) Stock

Archer Daniels Midland (NYSE:ADM) had its target price boosted by investment analysts at JPMorgan Chase & Co. from $61.00 to $65.00 in a report issued on Tuesday,Benzinga reports. The firm presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential downside of 9.33% from the company’s previous close.

Several other research firms also recently issued reports on ADM. BMO Capital Markets reissued a “market perform” rating and issued a $63.00 price target on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. Morgan Stanley downgraded shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and lowered their price objective for the stock from $57.00 to $50.00 in a report on Tuesday, December 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a report on Wednesday, January 21st. Zacks Research raised shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Finally, Barclays upped their target price on shares of Archer Daniels Midland from $61.00 to $68.00 and gave the stock an “equal weight” rating in a report on Thursday, February 19th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $58.57.

Archer Daniels Midland Stock Up 0.3%

ADM stock opened at $71.69 on Tuesday. The stock’s 50 day simple moving average is $68.27 and its 200 day simple moving average is $62.96. The company has a market cap of $34.49 billion, a P/E ratio of 32.29, a price-to-earnings-growth ratio of 0.90 and a beta of 0.68. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.83 and a current ratio of 1.37. Archer Daniels Midland has a fifty-two week low of $40.98 and a fifty-two week high of $73.72.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.07. The firm had revenue of $18.56 billion during the quarter, compared to analysts’ expectations of $21.03 billion. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The company’s revenue for the quarter was down 13.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.14 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. On average, research analysts expect that Archer Daniels Midland will post 4.31 earnings per share for the current fiscal year.

Insider Activity

In other news, Director David R. Mcatee II bought 7,500 shares of Archer Daniels Midland stock in a transaction dated Thursday, February 5th. The stock was purchased at an average price of $64.90 per share, for a total transaction of $486,750.00. Following the purchase, the director directly owned 7,500 shares in the company, valued at $486,750. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Ian R. Pinner sold 34,106 shares of the stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $71.53, for a total transaction of $2,439,602.18. Following the completion of the sale, the senior vice president owned 90,676 shares of the company’s stock, valued at approximately $6,486,054.28. This represents a 27.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 109,106 shares of company stock worth $7,539,602. 1.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Archer Daniels Midland

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Robeco Institutional Asset Management B.V. grew its holdings in Archer Daniels Midland by 193.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 557,621 shares of the company’s stock valued at $33,312,000 after buying an additional 367,293 shares in the last quarter. AlphaQuest LLC purchased a new stake in shares of Archer Daniels Midland in the third quarter worth about $1,332,000. Allstate Corp bought a new position in shares of Archer Daniels Midland in the third quarter valued at approximately $1,044,000. Allianz Asset Management GmbH grew its stake in Archer Daniels Midland by 45.8% during the third quarter. Allianz Asset Management GmbH now owns 872,406 shares of the company’s stock valued at $52,118,000 after acquiring an additional 273,930 shares in the last quarter. Finally, Convergence Investment Partners LLC purchased a new position in Archer Daniels Midland during the third quarter valued at approximately $1,466,000. 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.