AGCO Corporation (NYSE:AGCO) Given Consensus Rating of “Hold” by Brokerages

Shares of AGCO Corporation (NYSE:AGCO) have received an average rating of “Hold” from the eleven brokerages that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $126.50.

Several equities analysts have recently issued reports on the company. Oppenheimer set a $134.00 price target on AGCO in a research note on Wednesday, May 6th. Morgan Stanley reiterated an “underweight” rating and issued a $108.00 price target on shares of AGCO in a research note on Thursday, May 14th. UBS Group reiterated a “neutral” rating and issued a $123.00 price target on shares of AGCO in a research note on Sunday, May 10th. Weiss Ratings downgraded AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 27th. Finally, Wall Street Zen raised AGCO from a “hold” rating to a “buy” rating in a report on Saturday, March 7th.

Insider Buying and Selling at AGCO

In related news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $123.28, for a total transaction of $52,096,895.20. Following the sale, the insider owned 3,149,820 shares of the company’s stock, valued at $388,309,809.60. This trade represents a 11.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.62% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On AGCO

Several hedge funds have recently modified their holdings of AGCO. Capital World Investors boosted its holdings in shares of AGCO by 309.0% during the 4th quarter. Capital World Investors now owns 2,403,349 shares of the industrial products company’s stock valued at $250,717,000 after acquiring an additional 1,815,741 shares in the last quarter. Norges Bank acquired a new stake in shares of AGCO during the 4th quarter valued at $78,202,000. Invesco Ltd. boosted its holdings in shares of AGCO by 20.6% during the 3rd quarter. Invesco Ltd. now owns 2,086,933 shares of the industrial products company’s stock valued at $223,448,000 after acquiring an additional 356,560 shares in the last quarter. Davis Selected Advisers boosted its holdings in shares of AGCO by 13.0% during the 4th quarter. Davis Selected Advisers now owns 2,048,835 shares of the industrial products company’s stock valued at $213,736,000 after acquiring an additional 235,913 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its holdings in shares of AGCO by 289.8% during the 4th quarter. Pacer Advisors Inc. now owns 274,814 shares of the industrial products company’s stock valued at $28,669,000 after acquiring an additional 204,318 shares in the last quarter. Institutional investors and hedge funds own 78.80% of the company’s stock.

AGCO Trading Up 1.3%

Shares of AGCO opened at $112.48 on Friday. AGCO has a 52-week low of $98.60 and a 52-week high of $143.78. The business’s fifty day moving average is $116.25 and its 200-day moving average is $116.45. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.57 and a current ratio of 1.29. The firm has a market cap of $8.14 billion, a price-to-earnings ratio of 10.85, a PEG ratio of 0.76 and a beta of 1.08.

AGCO (NYSE:AGCO) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.50. AGCO had a return on equity of 9.99% and a net margin of 7.43%.The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same quarter last year, the company posted $0.41 EPS. The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS. Equities analysts anticipate that AGCO will post 5.99 EPS for the current fiscal year.

AGCO Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 15th will be issued a dividend of $0.30 per share. This is a positive change from AGCO’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.20 annualized dividend and a dividend yield of 1.1%. AGCO’s dividend payout ratio (DPR) is 11.57%.

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.