37,848 Shares in AGCO Corporation $AGCO Acquired by Arbejdsmarkedets Tillaegspension

Arbejdsmarkedets Tillaegspension purchased a new stake in AGCO Corporation (NYSE:AGCO) in the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 37,848 shares of the industrial products company’s stock, valued at approximately $4,385,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. UMB Bank n.a. increased its position in AGCO by 16.8% during the 4th quarter. UMB Bank n.a. now owns 759 shares of the industrial products company’s stock worth $79,000 after buying an additional 109 shares during the period. Signaturefd LLC increased its position in AGCO by 30.1% during the fourth quarter. Signaturefd LLC now owns 506 shares of the industrial products company’s stock worth $53,000 after acquiring an additional 117 shares during the period. Choreo LLC raised its stake in AGCO by 2.0% in the 4th quarter. Choreo LLC now owns 6,533 shares of the industrial products company’s stock worth $684,000 after purchasing an additional 128 shares in the last quarter. Gateway Investment Advisers LLC raised its stake in AGCO by 6.1% in the 4th quarter. Gateway Investment Advisers LLC now owns 2,367 shares of the industrial products company’s stock worth $247,000 after purchasing an additional 137 shares in the last quarter. Finally, Union Bancaire Privee UBP SA boosted its holdings in AGCO by 1.7% in the 4th quarter. Union Bancaire Privee UBP SA now owns 8,694 shares of the industrial products company’s stock valued at $907,000 after purchasing an additional 146 shares during the period. 78.80% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on AGCO. Weiss Ratings cut shares of AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 27th. 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. JPMorgan Chase & Co. cut their price target on AGCO from $143.00 to $130.00 and set an “overweight” rating for the company in a research note on Monday. Oppenheimer set a $134.00 price objective on AGCO in a research note on Wednesday, May 6th. Finally, DA Davidson began coverage on AGCO in a research note on Friday. They set a “buy” rating and a $160.00 price objective on the stock. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, AGCO has a consensus rating of “Hold” and an average price target of $129.45.

Insider Activity

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

AGCO Price Performance

AGCO stock opened at $114.09 on Tuesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.57 and a current ratio of 1.29. AGCO Corporation has a 52 week low of $99.21 and a 52 week high of $143.78. The stock has a market capitalization of $8.26 billion, a P/E ratio of 11.00, a price-to-earnings-growth ratio of 0.76 and a beta of 1.07. The stock has a fifty day moving average of $115.09 and a 200-day moving average of $117.81.

AGCO (NYSE:AGCO) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.94 earnings per share 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 business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period last year, the firm posted $0.41 earnings per share. AGCO’s revenue was up 14.3% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS. On average, sell-side analysts expect that AGCO Corporation will post 6.04 earnings per share for the current fiscal year.

AGCO Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, August 14th. AGCO’s dividend payout ratio (DPR) is presently 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.