Archer-Daniels-Midland (NYSE:ADM) Earns Equal Weight Rating from Analysts at Stephens

Stephens initiated coverage on shares of Archer-Daniels-Midland (NYSE:ADM - Free Report) in a research note released on Wednesday. The brokerage issued an equal weight rating and a $55.00 price objective on the stock.

Several other equities analysts have also weighed in on the stock. Citigroup raised their price objective on shares of Archer-Daniels-Midland from $51.00 to $55.00 and gave the company a "neutral" rating in a research report on Wednesday, December 4th. Barclays decreased their price objective on shares of Archer-Daniels-Midland from $60.00 to $56.00 and set an "underweight" rating for the company in a report on Wednesday, December 4th. Morgan Stanley cut their target price on Archer-Daniels-Midland from $57.00 to $52.00 and set an "equal weight" rating on the stock in a report on Tuesday, November 12th. BMO Capital Markets lowered their price objective on Archer-Daniels-Midland from $55.00 to $51.00 and set a "market perform" rating on the stock in a report on Wednesday, December 4th. Finally, UBS Group raised their price objective on Archer-Daniels-Midland from $60.00 to $64.00 and gave the company a "neutral" rating in a research note on Monday, September 9th. One investment analyst has rated the stock with a sell rating and fifteen have issued a hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $60.62.

Archer-Daniels-Midland Stock Up 1.7 %

ADM stock traded up $0.87 during mid-day trading on Wednesday, hitting $52.95. The stock had a trading volume of 3,627,190 shares, compared to its average volume of 4,154,111. Archer-Daniels-Midland has a 1-year low of $48.92 and a 1-year high of $77.35. The company has a fifty day moving average of $54.86 and a 200 day moving average of $58.80. The company has a current ratio of 1.40, a quick ratio of 0.84 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $25.34 billion, a price-to-earnings ratio of 15.10 and a beta of 0.72.

Archer-Daniels-Midland Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st will be given a $0.50 dividend. The ex-dividend date is Thursday, November 21st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.78%. Archer-Daniels-Midland's dividend payout ratio is currently 57.14%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Harbor Capital Advisors Inc. acquired a new position in Archer-Daniels-Midland in the third quarter worth about $25,000. Ashton Thomas Securities LLC acquired a new stake in shares of Archer-Daniels-Midland in the 3rd quarter valued at $26,000. Altshuler Shaham Ltd bought a new stake in shares of Archer-Daniels-Midland in the 2nd quarter worth about $28,000. Peterson Financial Group Inc. acquired a new position in Archer-Daniels-Midland in the third quarter valued at about $28,000. Finally, Sachetta LLC grew its stake in Archer-Daniels-Midland by 39.8% during the second quarter. Sachetta LLC now owns 737 shares of the company's stock worth $46,000 after buying an additional 210 shares during the last quarter. 78.28% of the stock is owned by institutional investors.

Archer-Daniels-Midland Company Profile

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.