AGCO (NYSE:AGCO) Given “Buy” Rating at DA Davidson

AGCO (NYSE:AGCO)‘s stock had its “buy” rating reiterated by equities research analysts at DA Davidson in a research note issued to investors on Thursday, Benzinga reports. They presently have a $151.00 price target on the industrial products company’s stock. DA Davidson’s target price points to a potential upside of 39.31% from the stock’s current price.

Other equities analysts also recently issued reports about the company. Citigroup cut their target price on AGCO from $125.00 to $115.00 and set a “neutral” rating for the company in a research note on Monday, August 3rd. Morgan Stanley cut their target price on AGCO from $110.00 to $99.00 and set an “underweight” rating for the company in a research note on Tuesday, August 4th. Wells Fargo & Company cut their target price on AGCO from $132.00 to $117.00 and set an “equal weight” rating for the company in a research note on Friday, July 31st. JPMorgan Chase & Co. cut their target price on AGCO from $143.00 to $130.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. Finally, Weiss Ratings raised AGCO from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, September 28th. Five investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, AGCO has a consensus rating of “Hold” and an average price target of $123.08.

AGCO Stock Performance

Shares of AGCO stock traded down $0.76 during trading hours on Thursday, reaching $108.39. 870,260 shares of the company’s stock were exchanged, compared to its average volume of 840,277. The company has a market cap of $7.59 billion, a P/E ratio of 14.99, a price-to-earnings-growth ratio of 0.88 and a beta of 1.08. The company’s 50 day moving average is $113.56 and its two-hundred day moving average is $115.09. AGCO has a 1 year low of $98.22 and a 1 year high of $143.78. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 0.58.

AGCO (NYSE:AGCO) last issued its earnings results on Thursday, July 30th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.03). The business had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.75 billion. AGCO had a return on equity of 10.09% and a net margin of 5.15%.The business’s quarterly revenue was down 1.0% on a year-over-year basis. During the same period last year, the company posted $1.35 earnings per share. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. Equities research analysts anticipate that AGCO will post 5.55 EPS for the current fiscal year.

Insider Transactions at AGCO

In related news, SVP Kelvin Bennett sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $132.89, for a total value of $132,890.00. Following the completion of the transaction, the senior vice president directly owned 14,047 shares of the company’s stock, valued at $1,866,705.83. This trade represents a 6.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $115.33, for a total value of $56,790,567.94. Following the completion of the transaction, the insider directly owned 3,017,565 shares of the company’s stock, valued at $348,015,771.45. The trade was a 14.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 497,622 shares of company stock worth $57,461,807 over the last ninety days. 0.62% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On AGCO

Several hedge funds have recently bought and sold shares of the company. QRG Capital Management Inc. increased its position in AGCO by 13.6% during the second quarter. QRG Capital Management Inc. now owns 2,820 shares of the industrial products company’s stock worth $338,000 after buying an additional 338 shares in the last quarter. MAC Alpha Capital Management LP increased its position in AGCO by 8.1% during the second quarter. MAC Alpha Capital Management LP now owns 30,503 shares of the industrial products company’s stock worth $3,652,000 after buying an additional 2,280 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in AGCO by 7.5% during the second quarter. Sequoia Financial Advisors LLC now owns 3,080 shares of the industrial products company’s stock worth $369,000 after buying an additional 215 shares in the last quarter. Tidal Investments LLC increased its position in AGCO by 2.4% during the second quarter. Tidal Investments LLC now owns 28,035 shares of the industrial products company’s stock worth $3,356,000 after buying an additional 653 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new position in AGCO during the second quarter worth $684,000. 78.80% of the stock is owned by hedge funds and other institutional investors.

Key AGCO News

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: DA Davidson reaffirmed its Buy rating on AGCO and set a $151 price target, implying approximately 39% potential upside from the referenced share price. The target signals confidence in the company’s longer-term recovery and growth prospects.
• Positive Sentiment: Zacks Research upgraded AGCO from Strong Sell to Hold. While this is not a bullish rating, it removes a notably negative view and may modestly improve investor sentiment. AGCO Stock Rating Upgraded by Zacks Research
• Positive Sentiment: Zacks Research made modest upward revisions to its AGCO earnings forecasts, raising Q4 2027 EPS to $2.40 from $2.37 and Q3 2028 EPS to $1.89 from $1.88. The revisions suggest slightly improved expectations, although the changes are not large enough to materially alter the earnings outlook.
• Neutral Sentiment: AGCO announced that it will release third-quarter 2026 results and host a conference call on October 29. Investors may remain cautious ahead of the report, which could provide updates on demand, margins and full-year guidance. AGCO Announces Third-Quarter 2026 Earnings Release and Conference Call
• Neutral Sentiment: Recent coverage discussed AGCO’s transition toward precision agriculture and technology-driven growth. The strategy could support longer-term growth, but the articles did not announce specific financial targets or near-term results. AGCO Discusses Transition to Precision Agriculture and Technology-Driven Growth Strategy

AGCO Company Profile

AGCO Corporation (NYSE: AGCO) is a global manufacturer and distributor of agricultural equipment and related solutions. The company serves farmers, agricultural contractors and dealers through a portfolio that includes tractors, combines, harvesting equipment, seeding and planting machinery, hay and forage equipment, crop protection products, replacement parts and precision-agriculture technologies.

AGCO’s principal brands include Fendt, Massey Ferguson, Valtra, Gleaner and PTx. Its precision-agriculture offerings are designed to help producers improve field productivity, equipment utilization and resource management through technologies such as guidance, connectivity, automation and data-based farm management.

Founded in 1990 through the acquisition of Deutz-Allis, AGCO expanded its international presence through subsequent acquisitions, including Massey Ferguson and Fendt.