Brokers Issue Forecasts for AGCO’s Q1 Earnings (NYSE:AGCO)

AGCO Corporation (NYSE:AGCO) – Investment analysts at Zacks Research decreased their Q1 2026 earnings per share estimates for shares of AGCO in a report issued on Tuesday, June 17th. Zacks Research analyst S. Deb now forecasts that the industrial products company will post earnings per share of $0.99 for the quarter, down from their previous estimate of $1.01. The consensus estimate for AGCO’s current full-year earnings is $4.20 per share.

AGCO (NYSE:AGCO) last released its earnings results on Thursday, May 1st. The industrial products company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.38. AGCO had a positive return on equity of 10.60% and a negative net margin of 5.40%. The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.06 billion. During the same period in the previous year, the business posted $2.32 EPS. The business’s revenue for the quarter was down 30.0% compared to the same quarter last year.

A number of other research analysts have also weighed in on the company. Oppenheimer reduced their target price on AGCO from $109.00 to $106.00 and set an “outperform” rating for the company in a report on Tuesday, April 22nd. Robert W. Baird lowered AGCO from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $116.00 to $100.00 in a report on Monday, March 3rd. The Goldman Sachs Group lifted their target price on AGCO from $91.00 to $107.00 and gave the company a “neutral” rating in a report on Tuesday, May 27th. UBS Group set a $106.00 target price on AGCO in a report on Tuesday, April 22nd. Finally, Baird R W lowered AGCO from a “strong-buy” rating to a “hold” rating in a report on Monday, March 3rd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, AGCO presently has an average rating of “Hold” and a consensus target price of $104.10.

AGCO Trading Down 0.5%

Shares of AGCO stock opened at $102.03 on Thursday. AGCO has a 52-week low of $73.79 and a 52-week high of $108.76. The stock’s 50-day simple moving average is $96.50 and its 200 day simple moving average is $95.85. The stock has a market capitalization of $7.61 billion, a P/E ratio of -13.08, a P/E/G ratio of 1.87 and a beta of 1.24. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.67 and a current ratio of 1.53.

AGCO Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Thursday, May 15th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend was Thursday, May 15th. AGCO’s dividend payout ratio is -14.87%.

Insider Buying and Selling at AGCO

In other news, SVP Kelvin Eugene Bennett sold 250 shares of the firm’s stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $106.18, for a total value of $26,545.00. Following the transaction, the senior vice president now owns 17,380 shares of the company’s stock, valued at $1,845,408.40. This trade represents a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 16.60% of the stock is owned by corporate insiders.

Institutional Trading of AGCO

Several institutional investors and hedge funds have recently added to or reduced their stakes in AGCO. GeoWealth Management LLC purchased a new position in AGCO during the 4th quarter valued at approximately $27,000. Citizens National Bank Trust Department boosted its holdings in shares of AGCO by 400.0% in the 1st quarter. Citizens National Bank Trust Department now owns 300 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 240 shares during the period. Allworth Financial LP boosted its holdings in shares of AGCO by 333.3% in the 4th quarter. Allworth Financial LP now owns 286 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 220 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in shares of AGCO in the 1st quarter worth approximately $32,000. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of AGCO in the 4th quarter worth approximately $33,000. Institutional investors own 78.80% of the company’s stock.

About AGCO

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses.