Archer Daniels Midland (NYSE:ADM) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Archer Daniels Midland from “buy” to “strong buy,” while Zacks Research also issued a “strong buy” rating. However, the broader analyst consensus remains “hold,” with an average price target of $79.67.
• ADM shares opened at $81.43, near their 52-week high of $88.46. The company recently reported quarterly EPS of $1.84, exceeding the $1.49 analyst estimate, while revenue totaled $22.68 billion.
• Institutional investors own 78.28% of ADM, with major holders including BlackRock, California State Teachers Retirement System, Charles Schwab Investment Management and Wellington Management.

Archer Daniels Midland (NYSE:ADM - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research note issued on Monday.

Several other research firms have also weighed in on ADM. Barclays upped their price objective on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. boosted their price target on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an "underweight" rating in a report on Wednesday, May 6th. UBS Group upped their price target 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 Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and increased their price objective for the stock from $60.00 to $79.00 in a report on Wednesday, August 5th. Finally, Zacks Research raised Archer Daniels Midland from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Archer Daniels Midland has an average rating of "Hold" and an average price target of $79.67.

Archer Daniels Midland Trading Down 0.1%

Shares of NYSE ADM opened at $81.43 on Monday. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27. Archer Daniels Midland has a one year low of $55.58 and a one year high of $88.46. The business has a 50-day moving average price of $80.18 and a two-hundred day moving average price of $75.83. The firm has a market capitalization of $39.25 billion, a PE ratio of 22.31 and a beta of 0.62.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating analysts' consensus estimates of $1.49 by $0.35. The company had revenue of $22.68 billion for the quarter, compared to the consensus estimate of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The firm's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, analysts predict that Archer Daniels Midland will post 5.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Archer Daniels Midland

A number of large investors have recently bought and sold shares of ADM. BlackRock Inc. bought a new stake in shares of Archer Daniels Midland during the 2nd quarter worth about $3,409,089,000. California State Teachers Retirement System raised its stake in shares of Archer Daniels Midland by 7,551.0% in the 2nd quarter. California State Teachers Retirement System now owns 42,784,458 shares of the company's stock valued at $3,268,733,000 after acquiring an additional 42,225,256 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Archer Daniels Midland by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 18,829,140 shares of the company's stock valued at $1,082,487,000 after acquiring an additional 449,815 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Archer Daniels Midland by 2.2% in the 2nd quarter. Wellington Management Group LLP now owns 17,670,220 shares of the company's stock worth $1,350,005,000 after purchasing an additional 382,460 shares during the last quarter. Finally, Dodge & Cox boosted its position in Archer Daniels Midland by 13.4% during the fourth 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. 78.28% of the stock is currently owned by institutional investors.

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.

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