Amendment: SEC Form SC 13G/A filed by Archer-Daniels-Midland Company
$ADM
Packaged Foods
Consumer Staples
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/1/2024 | $57.00 | Neutral | Citigroup |
| 1/23/2024 | Buy → Hold | Argus | |
| 1/22/2024 | $116.00 → $56.00 | Buy → Hold | Stifel |
| 1/22/2024 | $60.00 | Overweight → Underweight | Barclays |
| 1/22/2024 | $98.00 → $66.00 | Buy → Neutral | ROTH MKM |
| 1/22/2024 | $96.00 → $61.00 | Outperform → Neutral | Robert W. Baird |
| 1/22/2024 | $90.00 → $67.00 | Buy → Neutral | Goldman |
| 12/18/2023 | $90.00 → $80.00 | Outperform → Market Perform | BMO Capital Markets |
Citigroup analyst Thomas Palmer maintains Archer-Daniels Midland (NYSE:ADM) with a Neutral and lowers the price target from $64 to $63.
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer staples sector. Target Corporation (NYSE:TGT) Dividend Yield: 3.07% Piper Sandler analyst Peter K
3 - Archer-Daniels-Midland Co (0000007084) (Issuer)
4 - Archer-Daniels-Midland Co (0000007084) (Issuer)
4 - Archer-Daniels-Midland Co (0000007084) (Issuer)
Files Restated Fiscal Year 2023 Form 10-K and Subsequent Forms 10-Q As Expected, Restatement Had No Impact on Consolidated Financial Results for 2023 and First and Second Quarters of 2024 Company to Host Conference Call on December 3, 2024 ADM (NYSE:ADM) today reported financial results for the quarter ended September 30, 2024 that are consistent with its previously announced preliminary results, and also filed its third quarter form 10-Q. The Company also filed its restated financial statements in its fiscal year 2023 Form 10-K and its forms 10-Q for the first and second quarters of 2024. The restatement did not impact the Company's consolidated financial results for any of the perio
ADM's (NYSE:ADM) Board of Directors has declared a cash dividend of 50.0 cents per share on the company's common stock. The dividend is payable on Dec. 12, 2024, to shareholders of record on Nov. 21, 2024. This is ADM's 372nd consecutive quarterly payment, a record of more than 93 years of uninterrupted dividends. As of Sept. 30, 2024, there were 478,531,782 shares of ADM common stock outstanding. About ADM ADM unlocks the power of nature to enrich the quality of life. We're an essential global agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. We're a premier human and animal nutrition provider, offering one of th
Will Restate Previously Filed Fiscal Year 2023 Form 10-K and Subsequent Forms 10-Q Postpones Third Quarter Conference Call ADM (NYSE:ADM) ("the Company") today reported preliminary financial results for the quarter ended September 30, 2024. Preliminary* Third Quarter 2024 Highlights Net earnings expected to be reported at $18 million, with adjusted net earnings1 of $530 million See below for impact of non-cash charge against GAAP earnings for the third quarter of $461 million related to our Wilmar equity investment Earnings per share1 expected to be $0.04, with adjusted earnings per share1, 2 of $1.09, both down versus the prior year period Trailing four-quarter average return
8-K - Archer-Daniels-Midland Co (0000007084) (Filer)
10-Q - Archer-Daniels-Midland Co (0000007084) (Filer)
10-Q/A - Archer-Daniels-Midland Co (0000007084) (Filer)
Files Restated Fiscal Year 2023 Form 10-K and Subsequent Forms 10-Q As Expected, Restatement Had No Impact on Consolidated Financial Results for 2023 and First and Second Quarters of 2024 Company to Host Conference Call on December 3, 2024 ADM (NYSE:ADM) today reported financial results for the quarter ended September 30, 2024 that are consistent with its previously announced preliminary results, and also filed its third quarter form 10-Q. The Company also filed its restated financial statements in its fiscal year 2023 Form 10-K and its forms 10-Q for the first and second quarters of 2024. The restatement did not impact the Company's consolidated financial results for any of the perio
ADM's (NYSE:ADM) Board of Directors has declared a cash dividend of 50.0 cents per share on the company's common stock. The dividend is payable on Dec. 12, 2024, to shareholders of record on Nov. 21, 2024. This is ADM's 372nd consecutive quarterly payment, a record of more than 93 years of uninterrupted dividends. As of Sept. 30, 2024, there were 478,531,782 shares of ADM common stock outstanding. About ADM ADM unlocks the power of nature to enrich the quality of life. We're an essential global agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. We're a premier human and animal nutrition provider, offering one of th
ADM's (NYSE:ADM) Board of Directors today announced that it has elected AT&T Inc. Senior Executive Vice President and General Counsel David R. McAtee II as its newest member. McAtee has served as AT&T's worldwide General Counsel since 2015. "David brings a critical perspective to ADM as we continue to evolve our company into the future," said ADM Chair of the Board and CEO Juan Luciano. "He has a true depth of experience in government regulation, strategic planning, and data security, and has helped execute strategy through engagements with institutional investors and key government stakeholders. This expertise will be an invaluable source of guidance as ADM navigates our own path ahead."
Citigroup initiated coverage of Archer-Daniels with a rating of Neutral and set a new price target of $57.00
Argus downgraded Archer-Daniels from Buy to Hold
Stifel downgraded Archer-Daniels from Buy to Hold and set a new price target of $56.00 from $116.00 previously
SC 13G/A - Archer-Daniels-Midland Co (0000007084) (Subject)
SC 13G/A - Archer-Daniels-Midland Co (0000007084) (Subject)
SC 13G/A - Archer-Daniels-Midland Co (0000007084) (Subject)
ADM (NYSE:ADM) today announced the appointment of Monish Patolawala as Executive Vice President and Chief Financial Officer, effective August 1, 2024, succeeding Ismael Roig, who has been serving as ADM's Interim CFO since January 2024. Mr. Patolawala brings to ADM more than 25 years of experience overseeing global finance and technology teams across leading industrial and healthcare companies, most recently including 3M. As EVP and CFO of ADM, Mr. Patolawala will be responsible for overseeing Global Finance and Accounting, Global Business Services, Global Technology and Enterprise Strategy. Chair of the Board and CEO Juan Luciano said, "We are thrilled to have an executive of Monish's ca
LOS ANGELES, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Archer-Daniels-Midland Company (NYSE:ADM) investors that a lawsuit was filed on behalf of investors that purchased Archer-Daniels-Midland securities between April 30, 2020 and January 22, 2024, inclusive. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses. The lawsuit alleges that over the past decade, Archer-Daniels-Midland
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Feb. 05, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Archer-Daniels-Midland Company (NYSE:ADM) investors that a lawsuit was filed on behalf of investors that purchased Archer-Daniels-Midland securities between April 30, 2020 and January 22, 2024, inclusive. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to r