Archer-Daniels-Midland Company (NYSE:ADM) Receives $63.82 Consensus Price Target from Brokerages

Archer-Daniels-Midland Company (NYSE:ADM - Get Free Report) has earned a consensus recommendation of "Reduce" from the thirteen analysts that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating and twelve have assigned a hold rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $63.82.

A number of equities analysts have recently issued reports on ADM shares. JPMorgan Chase & Co. increased their target price on Archer-Daniels-Midland from $65.00 to $66.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 31st. Citigroup reduced their target price on Archer-Daniels-Midland from $64.00 to $63.00 and set a "neutral" rating for the company in a report on Monday, July 15th. Finally, UBS Group upped their price target on shares of Archer-Daniels-Midland from $60.00 to $64.00 and gave the stock a "neutral" rating in a research note on Monday, September 9th.

Insider Buying and Selling at Archer-Daniels-Midland

In related news, CEO Juan R. Luciano sold 3,683 shares of Archer-Daniels-Midland stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $61.00, for a total transaction of $224,663.00. Following the transaction, the chief executive officer now owns 265,210 shares in the company, valued at approximately $16,177,810. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, CEO Juan R. Luciano sold 170,194 shares of Archer-Daniels-Midland stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $60.51, for a total value of $10,298,438.94. Following the completion of the transaction, the chief executive officer now owns 265,210 shares in the company, valued at approximately $16,047,857.10. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Juan R. Luciano sold 3,683 shares of the firm's stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $61.00, for a total value of $224,663.00. Following the transaction, the chief executive officer now owns 265,210 shares in the company, valued at $16,177,810. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 219,348 shares of company stock valued at $13,296,833 over the last ninety days. Corporate insiders own 1.20% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Marathon Asset Management Ltd increased its holdings in shares of Archer-Daniels-Midland by 4.5% in the 3rd quarter. Marathon Asset Management Ltd now owns 303,155 shares of the company's stock worth $18,110,000 after acquiring an additional 13,177 shares during the period. Heritage Wealth Management Inc. bought a new position in Archer-Daniels-Midland during the 2nd quarter valued at $974,000. Vest Financial LLC lifted its stake in Archer-Daniels-Midland by 8.9% during the third quarter. Vest Financial LLC now owns 782,428 shares of the company's stock valued at $46,742,000 after purchasing an additional 63,716 shares during the last quarter. nVerses Capital LLC bought a new stake in Archer-Daniels-Midland during the third quarter worth approximately $1,081,000. Finally, CWM LLC grew its position in Archer-Daniels-Midland by 52.2% in the second quarter. CWM LLC now owns 25,151 shares of the company's stock worth $1,520,000 after buying an additional 8,628 shares during the last quarter. 78.28% of the stock is owned by institutional investors and hedge funds.

Archer-Daniels-Midland Stock Performance

Shares of NYSE:ADM traded down $0.63 during trading on Wednesday, reaching $55.69. The company had a trading volume of 1,729,076 shares, compared to its average volume of 4,258,256. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.44 and a quick ratio of 0.88. The stock's fifty day moving average price is $59.11 and its 200 day moving average price is $60.47. Archer-Daniels-Midland has a fifty-two week low of $50.72 and a fifty-two week high of $77.35. The firm has a market capitalization of $26.63 billion, a price-to-earnings ratio of 11.31 and a beta of 0.72.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last issued its earnings results on Tuesday, July 30th. The company reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.22 by ($0.19). The firm had revenue of $22.25 billion during the quarter, compared to analysts' expectations of $23.12 billion. Archer-Daniels-Midland had a net margin of 2.93% and a return on equity of 12.06%. The firm's revenue was down 11.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.89 EPS. As a group, equities research analysts predict that Archer-Daniels-Midland will post 5.33 EPS for the current year.

Archer-Daniels-Midland Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Wednesday, August 21st were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date of this dividend was Wednesday, August 21st. Archer-Daniels-Midland's dividend payout ratio (DPR) is presently 40.16%.

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.