Archer Daniels Midland (NYSE:ADM) Stock Breaks Below 200 Day Moving Average - Here's Why

Key Points

• ADM shares fell below their 200-day moving average, trading as low as $75.94 versus the $76.31 average, and were last quoted at $76.2630.
• Analyst sentiment is mixed but leans neutral: MarketBeat reports a consensus “Hold” rating, with an average price target of $81.75.
• ADM reported quarterly EPS of $1.84, beating estimates of $1.49, while revenue rose 7.2% year over year; the company also maintains a $2.08 annual dividend, yielding about 2.7%.

Shares of Archer Daniels Midland Company (NYSE:ADM - Get Free Report) passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $76.31 and traded as low as $75.94. Archer Daniels Midland shares last traded at $76.2630, with a volume of 2,136,719 shares.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ADM. Wall Street Zen downgraded Archer Daniels Midland from a "strong-buy" rating to a "buy" rating in a report on Saturday, October 10th. Barclays raised their price target on Archer Daniels Midland from $85.00 to $90.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 5th. BMO Capital Markets lifted their price objective on Archer Daniels Midland from $77.00 to $82.00 and gave the company a "market perform" rating in a report on Wednesday, August 5th. Jefferies Financial Group increased their target price on Archer Daniels Midland from $88.00 to $89.00 in a research note on Monday, October 19th. Finally, Weiss Ratings cut Archer Daniels Midland from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $81.75.

Archer Daniels Midland Stock Down 1.3%

The firm has a fifty day moving average of $81.97 and a 200-day moving average of $76.31. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.27. The firm has a market cap of $36.76 billion, a P/E ratio of 20.89, a price-to-earnings-growth ratio of 2.33 and a beta of 0.64.

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 analysts' consensus estimates of $1.49 by $0.35. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The firm had revenue of $22.68 billion during the quarter, compared to analysts' expectations of $22.75 billion. During the same quarter last year, the company posted $0.93 earnings per share. The company's revenue for the quarter was up 7.2% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, equities research analysts anticipate that Archer Daniels Midland Company will post 5.52 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th were given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Wednesday, August 19th. Archer Daniels Midland's payout ratio is 56.99%.

Institutional Trading of Archer Daniels Midland

Hedge funds have recently added to or reduced their stakes in the company. Triumph Capital Management increased its holdings in shares of Archer Daniels Midland by 62.2% during the third quarter. Triumph Capital Management now owns 313 shares of the company's stock worth $25,000 after purchasing an additional 120 shares during the period. CFS Investment Advisory Services LLC lifted its holdings in shares of Archer Daniels Midland by 0.7% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 17,871 shares of the company's stock worth $1,469,000 after acquiring an additional 127 shares during the period. MGO One Seven LLC boosted its position in shares of Archer Daniels Midland by 0.9% during the 3rd quarter. MGO One Seven LLC now owns 17,320 shares of the company's stock worth $1,375,000 after acquiring an additional 156 shares in the last quarter. QRG Capital Management Inc. boosted its position in shares of Archer Daniels Midland by 0.8% during the 1st quarter. QRG Capital Management Inc. now owns 20,648 shares of the company's stock worth $1,501,000 after acquiring an additional 164 shares in the last quarter. Finally, Midwest Trust Co increased its stake in Archer Daniels Midland by 4.3% in the first quarter. Midwest Trust Co now owns 4,009 shares of the company's stock valued at $291,000 after acquiring an additional 167 shares during the last quarter. 78.28% of the stock is owned by institutional investors and hedge funds.

About Archer Daniels Midland

Archer Daniels Midland Company NYSE: ADM is a global agricultural origination and processing company. Founded in 1902, ADM connects farmers and producers with markets worldwide by sourcing, transporting, storing and processing crops and other agricultural commodities.

The company processes oilseeds, corn, wheat and other crops into ingredients and products used in food and beverages, animal nutrition, renewable fuels and industrial applications. Its offerings include vegetable oils, protein meals, sweeteners, starches, flour, food ingredients, animal feed ingredients and biofuels, as well as specialty ingredients developed through its nutrition businesses.

ADM operates an integrated network of agricultural facilities, processing plants, transportation assets and commercial offices serving customers across North America, South America, Europe, Asia and other international markets.

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