AGCO (NYSE:AGCO) Price Target Lowered to $117.00 at Wells Fargo & Company

AGCO (NYSE:AGCO) had its price target cut by Wells Fargo & Company from $132.00 to $117.00 in a research note released on Friday morning,Benzinga reports. They currently have an equal weight rating on the industrial products company’s stock.

AGCO has been the topic of a number of other research reports. Truist Financial reissued a “buy” rating and issued a $135.00 price objective (down from $159.00) on shares of AGCO in a research report on Friday. UBS Group reissued a “neutral” rating and set a $123.00 price target on shares of AGCO in a research report on Sunday, May 10th. JPMorgan Chase & Co. decreased their price objective on AGCO from $143.00 to $130.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Oppenheimer lowered their target price on AGCO from $134.00 to $127.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Morgan Stanley increased their price target on AGCO from $108.00 to $110.00 and gave the company an “underweight” rating in a research report on Friday, July 17th. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $123.25.

AGCO Stock Down 4.4%

NYSE:AGCO opened at $102.40 on Friday. The stock has a 50-day simple moving average of $114.93 and a 200 day simple moving average of $118.53. AGCO has a 52-week low of $99.21 and a 52-week high of $143.78. The company has a market cap of $7.41 billion, a PE ratio of 14.16, a PEG ratio of 0.79 and a beta of 1.07. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.57 and a current ratio of 1.32.

AGCO (NYSE:AGCO) last released its earnings results on Thursday, July 30th. The industrial products company reported $1.43 EPS for the quarter, missing the consensus estimate of $1.46 by ($0.03). AGCO had a net margin of 5.15% and a return on equity of 10.09%. The firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.75 billion. During the same quarter in the previous year, the firm posted $1.35 EPS. The company’s revenue was down 1.0% on a year-over-year basis. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. On average, sell-side analysts expect that AGCO will post 6.2 EPS for the current fiscal year.

AGCO Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be paid a $0.30 dividend. The ex-dividend date is Friday, August 14th. This represents a $1.20 dividend on an annualized basis and a yield of 1.2%. AGCO’s dividend payout ratio (DPR) is currently 11.57%.

Insider Activity at AGCO

In other news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $123.28, for a total transaction of $52,096,895.20. Following the transaction, the insider directly owned 3,149,820 shares in the company, valued at $388,309,809.60. The trade was a 11.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.62% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On AGCO

Institutional investors and hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its stake in AGCO by 951.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 257 shares during the last quarter. Elevation Wealth Partners LLC increased its position in AGCO by 400.0% during the second quarter. Elevation Wealth Partners LLC now owns 290 shares of the industrial products company’s stock worth $35,000 after buying an additional 232 shares during the last quarter. Advisory Services Network LLC acquired a new position in AGCO during the third quarter worth approximately $33,000. Torren Management LLC bought a new stake in AGCO in the fourth quarter valued at approximately $35,000. Finally, Geneos Wealth Management Inc. raised its stake in AGCO by 109.2% in the first quarter. Geneos Wealth Management Inc. now owns 364 shares of the industrial products company’s stock valued at $34,000 after buying an additional 190 shares during the period. 78.80% of the stock is owned by institutional investors.

AGCO News Roundup

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: Truist Financial reaffirmed its Buy rating, while maintaining a $135 price target. Although the target was reduced from $159, it still indicates substantial potential upside from recent levels. Benzinga analyst rating report
• Positive Sentiment: Zacks Research made modest upward revisions to several longer-term earnings estimates, including FY2026 EPS to $5.95 from $5.91, Q1 2028 EPS to $2.00 from $1.98, and FY2028 EPS to $9.19 from $9.16. These revisions suggest some confidence in an eventual earnings recovery. MarketBeat AGCO estimates
• Neutral Sentiment: Wells Fargo lowered its price target to $117 from $132 and adopted an Equal Weight rating. The revised target remains above the recent trading level, but the downgrade reflects more limited confidence in near-term outperformance. Benzinga Wells Fargo report
• Negative Sentiment: AGCO’s second-quarter adjusted EPS was $1.43, below the $1.48 consensus estimate, while revenue of $2.61 billion missed expectations of approximately $2.74 billion. Sales fell 1% year over year, highlighting softer operating conditions. AGCO second-quarter results
• Negative Sentiment: Management cut 2026 adjusted EPS guidance to approximately $5.50–$5.75, below the roughly $5.99 consensus, and reduced revenue guidance to $10.1–$10.2 billion versus expectations near $10.6 billion. The company cited weaker farm demand, margin pressure and tariff costs. AGCO outlook report
• Negative Sentiment: Zacks reduced its FY2027 EPS estimate to $7.63 from $7.97 and lowered several 2027 quarterly forecasts, reinforcing concerns that the agricultural-equipment downturn could persist beyond 2026. Zacks AGCO earnings report

AGCO Company Profile

AGCO Corporation is a global leader in the design, manufacture and distribution of agricultural machinery and precision farming solutions. Headquartered in Duluth, Georgia, the company markets a diverse portfolio of well-known brands, including Massey Ferguson, Fendt, Challenger, Valtra and GSI, serving farmers and producers in North America, South America, Europe, the Middle East, Africa and Asia Pacific. Through an extensive dealer network, AGCO provides equipment tailored to a broad range of crop and livestock operations.

The company’s product offerings span tractors, combine harvesters, hay and forage tools, application equipment, seeding and tillage implements, as well as grain storage and protein solutions.