Stifel downgraded Archer-Daniels from Buy to Hold and set a new price target of $56.00 from $116.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/14/2025 | $63.00 → $54.00 | Neutral → Underperform | BofA Securities |
| 12/11/2024 | $55.00 | Equal-Weight | Stephens |
| 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 |
8-K - Archer-Daniels-Midland Co (0000007084) (Filer)
8-K - Archer-Daniels-Midland Co (0000007084) (Filer)
10-Q - Archer-Daniels-Midland Co (0000007084) (Filer)
ADM (NYSE:ADM) announced today that its Board of Directors authorized an extension of ADM's share repurchase program. The original 5-year program authorized the purchase of 100,000,000 shares of ADM stock in between Jan. 1, 2015, and Dec. 31, 2019. In 2019, the program was extended through Dec. 31, 2024 and increased to 200,000,000 shares. The program has now been extended an additional five years, and the Board also authorized repurchases of up to an additional 100,000,000 shares under the extended program. The share repurchase program now authorizes the purchase of 300,000,000 shares through Dec. 31, 2029. Following this increase, there are 114,764,049 shares remaining available for f
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
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
4 - Archer-Daniels-Midland Co (0000007084) (Issuer)
4 - Archer-Daniels-Midland Co (0000007084) (Issuer)
4 - Archer-Daniels-Midland Co (0000007084) (Issuer)
BofA Securities downgraded Archer-Daniels from Neutral to Underperform and set a new price target of $54.00 from $63.00 previously
Stephens resumed coverage of Archer-Daniels with a rating of Equal-Weight and set a new price target of $55.00
Citigroup initiated coverage of Archer-Daniels with a rating of Neutral and set a new price target of $57.00
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