Archer Daniels Midland (NYSE:ADM) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

Archer Daniels Midland (NYSE:ADMGet Free Report) had its price objective upped by research analysts at Jefferies Financial Group from $65.00 to $77.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Jefferies Financial Group’s price target indicates a potential upside of 6.81% from the stock’s previous close.

Several other equities analysts have also recently weighed in on the stock. Barclays raised their price target on shares of Archer Daniels Midland from $68.00 to $77.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 1st. UBS Group reaffirmed a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. Morgan Stanley cut shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $57.00 to $50.00 in a research report on Tuesday, December 16th. JPMorgan Chase & Co. raised their price target on shares of Archer Daniels Midland from $61.00 to $65.00 and gave the company an “underweight” rating in a research report on Tuesday, March 24th. Finally, 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. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Archer Daniels Midland currently has a consensus rating of “Reduce” and a consensus price target of $62.00.

View Our Latest Analysis on ADM

Archer Daniels Midland Price Performance

Shares of NYSE ADM opened at $72.09 on Monday. Archer Daniels Midland has a fifty-two week low of $40.98 and a fifty-two week high of $74.19. The stock has a market cap of $34.74 billion, a price-to-earnings ratio of 32.47, a PEG ratio of 0.90 and a beta of 0.65. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.83 and a current ratio of 1.37. The firm’s 50-day simple moving average is $69.34 and its 200 day simple moving average is $63.67.

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

Insider Activity at Archer Daniels Midland

In other news, SVP Jennifer L. Weber sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $67.04, for a total transaction of $1,676,000.00. Following the completion of the sale, the senior vice president owned 123,668 shares in the company, valued at $8,290,702.72. This trade represents a 16.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Gregory A. Morris sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $68.48, for a total transaction of $3,424,000.00. Following the sale, the senior vice president owned 300,122 shares of the company’s stock, valued at approximately $20,552,354.56. The trade was a 14.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 109,106 shares of company stock worth $7,539,602. 1.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Archer Daniels Midland

Several large investors have recently modified their holdings of the stock. Quadrant Capital Group LLC increased its stake in shares of Archer Daniels Midland by 0.6% during the 4th quarter. Quadrant Capital Group LLC now owns 23,166 shares of the company’s stock worth $1,332,000 after purchasing an additional 146 shares during the last quarter. Atlantic Union Bankshares Corp increased its stake in shares of Archer Daniels Midland by 5.1% during the 4th quarter. Atlantic Union Bankshares Corp now owns 3,127 shares of the company’s stock worth $180,000 after purchasing an additional 153 shares during the last quarter. Summit Financial LLC grew its stake in Archer Daniels Midland by 0.9% in the 4th quarter. Summit Financial LLC now owns 16,947 shares of the company’s stock valued at $974,000 after buying an additional 153 shares in the last quarter. Brookstone Capital Management grew its stake in Archer Daniels Midland by 4.5% in the 4th quarter. Brookstone Capital Management now owns 3,555 shares of the company’s stock valued at $204,000 after buying an additional 154 shares in the last quarter. Finally, Checchi Capital Advisers LLC grew its stake in Archer Daniels Midland by 2.6% in the 4th quarter. Checchi Capital Advisers LLC now owns 6,436 shares of the company’s stock valued at $370,000 after buying an additional 161 shares in the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland News Summary

Here are the key news stories impacting Archer Daniels Midland this week:

About Archer Daniels Midland

(Get Free Report)

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.

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Analyst Recommendations for Archer Daniels Midland (NYSE:ADM)

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