AGCO (NYSE:AGCO) Stock Price Expected to Rise, Truist Financial Analyst Says

AGCO (NYSE:AGCO) had its price objective raised by research analysts at Truist Financial from $134.00 to $152.00 in a report issued on Monday, MarketBeat Ratings reports. The firm currently has a “buy” rating on the industrial products company’s stock. Truist Financial’s price objective points to a potential upside of 12.00% from the company’s current price.

A number of other equities research analysts have also recently commented on AGCO. Weiss Ratings reiterated a “hold (c)” rating on shares of AGCO in a research note on Monday, December 22nd. UBS Group reaffirmed a “neutral” rating and issued a $127.00 price objective on shares of AGCO in a research report on Friday. Robert W. Baird set a $128.00 target price on shares of AGCO in a research note on Friday. Wells Fargo & Company set a $132.00 price target on shares of AGCO in a research note on Monday. Finally, BMO Capital Markets raised their price target on shares of AGCO from $110.00 to $115.00 and gave the stock a “market perform” rating in a report on Friday. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $122.73.

AGCO Trading Up 1.6%

NYSE:AGCO opened at $135.71 on Monday. The firm has a 50 day moving average of $111.10 and a 200 day moving average of $109.54. The company has a quick ratio of 0.67, a current ratio of 1.39 and a debt-to-equity ratio of 0.54. AGCO has a 52 week low of $73.79 and a 52 week high of $135.77. The stock has a market capitalization of $10.13 billion, a price-to-earnings ratio of 13.92, a PEG ratio of 0.95 and a beta of 1.19.

AGCO (NYSE:AGCO) last issued its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.32. The business had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.67 billion. AGCO had a return on equity of 9.39% and a net margin of 7.21%.The business’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.97 earnings per share. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS. As a group, sell-side analysts anticipate that AGCO will post 4.2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. grew its position in AGCO by 1,721.4% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 255 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 241 shares during the period. Pinnacle Bancorp Inc. purchased a new stake in shares of AGCO in the third quarter worth about $29,000. EverSource Wealth Advisors LLC grew its holdings in AGCO by 951.9% during the second quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 257 shares during the period. SJS Investment Consulting Inc. grew its holdings in AGCO by 3,725.0% during the third quarter. SJS Investment Consulting Inc. now owns 306 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 298 shares during the period. Finally, Advisory Services Network LLC purchased a new position in AGCO during the third quarter valued at approximately $33,000. 78.80% of the stock is currently 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.