Archer Daniels Midland (NYSE:ADM) Stock Gets Price Target Reduction from JPMorgan Chase & Co.

Key Points

• JPMorgan lowered Archer Daniels Midland’s price target to $75 from $77 and maintained an “underweight” rating, implying roughly 7.33% downside from the reported stock price.
• Analyst sentiment is mixed: ADM has an average “Hold” rating and a consensus price target of $79.83, while other firms recently adjusted their ratings and targets in both directions.
• ADM shares rose 1.3% to $80.93 in Monday trading. The company recently reported quarterly EPS of $1.84, beating expectations of $1.49, with revenue of $22.68 billion.

Archer Daniels Midland (NYSE:ADM - Get Free Report) had its price objective dropped by research analysts at JPMorgan Chase & Co. from $77.00 to $75.00 in a note issued to investors on Monday, Benzinga reports. The brokerage presently has an "underweight" rating on the stock. JPMorgan Chase & Co.'s price target indicates a potential downside of 7.33% from the stock's current price.

Several other analysts have also issued reports on the stock. Zacks Research lowered shares of Archer Daniels Midland from a "strong-buy" rating to a "hold" rating in a report on Monday, October 5th. Wall Street Zen cut shares of Archer Daniels Midland from a "strong-buy" rating to a "buy" rating in a research report on Saturday. UBS Group increased 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. Morgan Stanley upgraded shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and lifted their price target for the company from $60.00 to $79.00 in a research report on Wednesday, August 5th. Finally, Weiss Ratings upgraded shares of Archer Daniels Midland from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $79.83.

Archer Daniels Midland Trading Up 1.3%

ADM stock traded up $1.04 during midday trading on Monday, hitting $80.93. 713,277 shares of the company's stock were exchanged, compared to its average volume of 3,771,777. Archer Daniels Midland has a 1-year low of $55.58 and a 1-year high of $88.75. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $39.01 billion, a PE ratio of 22.19, a P/E/G ratio of 2.44 and a beta of 0.64. The business has a 50-day simple moving average of $81.90 and a two-hundred day simple moving average of $78.88.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.49 by $0.35. The business had revenue of $22.68 billion for the quarter, compared to analyst estimates of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%. The company's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, sell-side analysts predict that Archer Daniels Midland will post 5.45 EPS for the current fiscal year.

Hedge Funds Weigh In On Archer Daniels Midland

Several hedge funds have recently bought and sold shares of the company. Castleview Partners LLC boosted its holdings in shares of Archer Daniels Midland by 12.1% in the third quarter. Castleview Partners LLC now owns 8,782 shares of the company's stock valued at $697,000 after acquiring an additional 950 shares during the period. Riversedge Advisors LLC grew its position in shares of Archer Daniels Midland by 12.4% during the third quarter. Riversedge Advisors LLC now owns 3,043 shares of the company's stock worth $242,000 after acquiring an additional 336 shares during the last quarter. Wedmont Private Capital increased its holdings in shares of Archer Daniels Midland by 9.9% in the 3rd quarter. Wedmont Private Capital now owns 4,304 shares of the company's stock valued at $355,000 after acquiring an additional 386 shares during the period. BOS Asset Management LLC acquired a new position in shares of Archer Daniels Midland in the 3rd quarter valued at $206,000. Finally, GAMMA Investing LLC boosted its stake in Archer Daniels Midland by 5.1% during the 3rd quarter. GAMMA Investing LLC now owns 28,757 shares of the company's stock worth $2,283,000 after purchasing an additional 1,397 shares during the period. Institutional investors and hedge funds own 78.28% of the company's stock.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company NYSE: ADM is a global agricultural origination and processing company that converts crops and other plant-based materials into food, feed, fuel and industrial ingredients. The company sources, transports, stores and processes commodities such as corn, soybeans, wheat and oilseeds through an extensive network of elevators, processing facilities and transportation assets.

ADM's businesses include agricultural services and oilseeds, carbohydrate solutions, and nutrition.

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