Archer Daniels Midland (NYSE:ADM) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Archer Daniels Midland (NYSE:ADM) had its price target raised by Morgan Stanley from $58.00 to $60.00 in a research note issued to investors on Monday, MarketBeat.com reports. The firm currently has an “underweight” rating on the stock. Morgan Stanley’s price objective would suggest a potential downside of 30.31% from the stock’s previous close.

Other equities analysts have also issued research reports about the company. Zacks Research lowered Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Jefferies Financial Group raised their price objective on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the company a “hold” rating in a research note on Monday, April 6th. UBS Group upped their target price on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Wall Street Zen raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Archer Daniels Midland has a consensus rating of “Reduce” and an average price target of $75.67.

Archer Daniels Midland Stock Up 0.5%

ADM stock opened at $86.09 on Monday. The business has a 50 day moving average of $79.55 and a 200 day moving average of $72.66. The firm has a market cap of $41.49 billion, a PE ratio of 38.61 and a beta of 0.62. Archer Daniels Midland has a twelve month low of $52.96 and a twelve month high of $87.33. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.66 by $0.05. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The business had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $21.35 billion. During the same period in the previous year, the company posted $0.70 earnings per share. The company’s revenue for the quarter was up 1.6% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, research analysts forecast that Archer Daniels Midland will post 4.71 EPS for the current fiscal year.

Institutional Trading of Archer Daniels Midland

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of Archer Daniels Midland by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 59,180,117 shares of the company’s stock valued at $3,402,265,000 after purchasing an additional 536,265 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Archer Daniels Midland by 2.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 18,829,140 shares of the company’s stock worth $1,082,487,000 after purchasing an additional 449,815 shares during the last quarter. Dodge & Cox grew its position in Archer Daniels Midland by 13.4% in the 4th quarter. Dodge & Cox now owns 17,084,645 shares of the company’s stock worth $982,196,000 after purchasing an additional 2,016,101 shares during the period. Geode Capital Management LLC raised its stake in Archer Daniels Midland by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 12,628,065 shares of the company’s stock valued at $723,175,000 after buying an additional 109,556 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Archer Daniels Midland by 5.7% during the 4th quarter. Northern Trust Corp now owns 11,431,704 shares of the company’s stock valued at $657,209,000 after buying an additional 612,974 shares during the period. 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.