AGCO Corporation (NYSE:AGCO) Receives Consensus Recommendation of “Hold” from Analysts

AGCO Corporation (NYSE:AGCO) has earned a consensus recommendation of “Hold” from the fourteen ratings firms that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $122.1667.

Several brokerages recently weighed in on AGCO. Oppenheimer cut their price objective on shares of AGCO from $134.00 to $127.00 and set an “outperform” rating on the stock in a research report on Friday, July 31st. Truist Financial restated a “buy” rating and set a $135.00 target price (down from $159.00) on shares of AGCO in a research note on Friday, July 31st. Wall Street Zen lowered shares of AGCO from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Wells Fargo & Company lowered their target price on shares of AGCO from $132.00 to $117.00 and set an “equal weight” rating on the stock in a report on Friday, July 31st. Finally, Citigroup dropped their price target on AGCO from $125.00 to $115.00 and set a “neutral” rating for the company in a report on Monday, August 3rd.

AGCO Trading Down 1.0%

NYSE AGCO opened at $125.40 on Friday. The stock has a market cap of $8.78 billion, a price-to-earnings ratio of 17.34, a PEG ratio of 1.05 and a beta of 1.10. AGCO has a twelve month low of $98.22 and a twelve month high of $143.78. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.58 and a current ratio of 1.32. The firm’s 50 day moving average price is $111.74 and its two-hundred day moving average price is $116.51.

AGCO (NYSE:AGCO) last issued its earnings results on Thursday, July 30th. The industrial products company reported $1.43 earnings per share for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.03). AGCO had a net margin of 5.15% and a return on equity of 10.09%. The business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.75 billion. During the same quarter in the prior year, the company earned $1.35 EPS. AGCO’s revenue for the quarter was down 1.0% on a year-over-year basis. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. Equities analysts anticipate that AGCO will post 5.54 EPS for the current year.

AGCO Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.20 annualized dividend and a yield of 1.0%. AGCO’s dividend payout ratio is currently 16.60%.

Insider Buying and Selling at AGCO

In other news, Director Lange De purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were acquired at an average price of $100.71 per share, for a total transaction of $100,710.00. Following the completion of the acquisition, the director directly owned 18,717 shares in the company, valued at approximately $1,884,989.07. The trade was a 5.64% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of AGCO stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $115.33, for a total transaction of $56,790,567.94. Following the sale, the insider owned 3,017,565 shares of the company’s stock, valued at approximately $348,015,771.45. This represents a 14.03% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. California State Teachers Retirement System grew its position in shares of AGCO by 11,209.3% in the 2nd quarter. California State Teachers Retirement System now owns 8,316,277 shares of the industrial products company’s stock valued at $995,458,000 after purchasing an additional 8,242,742 shares during the period. BlackRock Inc. acquired a new position in AGCO during the second quarter valued at approximately $701,908,000. Capital World Investors grew its stake in shares of AGCO by 309.0% in the fourth quarter. Capital World Investors now owns 2,403,349 shares of the industrial products company’s stock valued at $250,717,000 after buying an additional 1,815,741 shares in the last quarter. Norges Bank acquired a new position in shares of AGCO during the 4th quarter worth about $78,202,000. Finally, Bank of New York Mellon Corp bought a new stake in AGCO in the second quarter valued at approximately $64,273,000. 78.80% of the stock is owned by institutional investors and hedge funds.

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.