AGCO (NYSE:AGCO) SVP Kelvin Eugene Bennett Sells 1,000 Shares of Stock

AGCO Corporation (NYSE:AGCO) SVP Kelvin Bennett sold 1,000 shares of AGCO stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $132.89, for a total transaction of $132,890.00. Following the completion of the sale, the senior vice president owned 14,047 shares in the company, valued at approximately $1,866,705.83. This represents a 6.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

AGCO Trading Down 4.4%

AGCO stock opened at $127.48 on Wednesday. AGCO Corporation has a 52-week low of $98.22 and a 52-week high of $143.78. The company has a quick ratio of 0.58, a current ratio of 1.32 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $8.93 billion, a price-to-earnings ratio of 17.63, a PEG ratio of 1.11 and a beta of 1.10. The firm has a 50-day moving average price of $112.51 and a two-hundred day moving average price of $116.36.

AGCO (NYSE:AGCO) last announced its quarterly 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). The firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.75 billion. AGCO had a net margin of 5.15% and a return on equity of 10.09%. AGCO’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.35 EPS. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. Sell-side analysts expect that AGCO Corporation will post 5.54 earnings per share for the current year.

AGCO Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, August 14th. AGCO’s dividend payout ratio (DPR) is currently 16.60%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AGCO. Robert W. Baird raised AGCO from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $120.00 to $150.00 in a research note on Monday, August 31st. Wall Street Zen cut shares of AGCO from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. JPMorgan Chase & Co. reduced their price objective on shares of AGCO from $143.00 to $130.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Zacks Research lowered shares of AGCO from a “hold” rating to a “strong sell” rating in a research report on Friday, August 21st. Finally, DA Davidson set a $151.00 target price on shares of AGCO in a research note on Friday, July 31st. Five investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $122.17.

Key Headlines Impacting AGCO

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: AGCO Power plans to showcase diesel engines designed for demanding forestry and other off-road applications at INTERFORST 2026. The event could support the company’s visibility in specialized equipment markets, although it is unlikely to materially affect near-term earnings. AGCO Power forestry engine announcement
• Positive Sentiment: AGCO declared a quarterly dividend of $0.30 per share, equal to $1.20 annually and a yield of roughly 0.9%. The relatively low 16.6% payout ratio provides some support for the dividend, though the payment itself is not a new growth catalyst. AGCO dividend coverage
• Neutral Sentiment: CEO Eric Hansotia discussed the tariff effects on the agricultural industry in a CNBC interview. The remarks may provide insight into AGCO’s cost exposure and pricing strategy, but no specific changes to earnings guidance were reported. CNBC interview with AGCO CEO
• Negative Sentiment: CEO Eric Hansotia sold 2,604 shares for approximately $337,869, reducing his direct holdings by 0.79% to 326,939 shares. The sale is relatively small compared with his remaining stake, limiting its significance, but insider selling can weigh on sentiment. AGCO CEO stock sale
• Negative Sentiment: Senior Vice President Kelvin Bennett sold 1,000 shares for $132,890, cutting his direct ownership by 6.65%. The additional insider sale reinforces near-term caution, although the dollar value is modest.
• Negative Sentiment: AGCO’s latest quarter missed consensus on both earnings and revenue, while revenue declined 1% year over year. Analysts maintain a consensus “Hold” rating with a $122.17 target, below the recent trading level; ratings range from “Strong Sell” to “Outperform,” highlighting uncertainty around the recovery.

Institutional Investors Weigh In On AGCO

Institutional investors and hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company boosted its stake in AGCO by 27.0% in the 1st quarter. The Manufacturers Life Insurance Company now owns 126,234 shares of the industrial products company’s stock worth $14,626,000 after purchasing an additional 26,862 shares during the period. Bank of America Corp DE grew its position in AGCO by 19.4% during the 1st quarter. Bank of America Corp DE now owns 543,955 shares of the industrial products company’s stock worth $63,028,000 after purchasing an additional 88,571 shares in the last quarter. BlackRock Inc. acquired a new stake in AGCO during the 2nd quarter valued at $701,908,000. Entropy Technologies LP purchased a new stake in shares of AGCO in the first quarter valued at $1,469,000. Finally, Callan Family Office LLC purchased a new stake in shares of AGCO in the second quarter valued at $2,236,000. 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.