AGCO Corporation $AGCO Shares Bought by Brandes Investment Partners LP

Brandes Investment Partners LP increased its holdings in AGCO Corporation (NYSE:AGCO) by 30.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,677 shares of the industrial products company’s stock after buying an additional 5,029 shares during the quarter. Brandes Investment Partners LP’s holdings in AGCO were worth $2,261,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its holdings in AGCO by 951.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company’s stock worth $29,000 after buying an additional 257 shares during the period. Advisory Services Network LLC acquired a new position in AGCO in the 3rd quarter worth approximately $33,000. Geneos Wealth Management Inc. increased its holdings in AGCO by 109.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 364 shares of the industrial products company’s stock worth $34,000 after buying an additional 190 shares during the period. Torren Management LLC acquired a new stake in shares of AGCO during the 4th quarter worth approximately $35,000. Finally, Allworth Financial LP grew its stake in shares of AGCO by 64.3% during the 3rd quarter. Allworth Financial LP now owns 396 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 155 shares during the period. Institutional investors and hedge funds own 78.80% of the company’s stock.

Insiders Place Their Bets

In other news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of AGCO 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 transaction, the insider owned 3,149,820 shares in the company, valued at $388,309,809.60. The trade was a 11.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.62% of the company’s stock.

AGCO Trading Down 3.4%

Shares of AGCO stock opened at $109.25 on Thursday. The stock’s fifty day moving average is $116.45 and its two-hundred day moving average is $116.44. 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 capitalization of $7.91 billion, a P/E ratio of 10.54, a PEG ratio of 0.76 and a beta of 1.08. AGCO Corporation has a fifty-two week low of $98.60 and a fifty-two week high of $143.78.

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

AGCO Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 15th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, May 15th. This is an increase from AGCO’s previous quarterly dividend of $0.29. AGCO’s payout ratio is 11.57%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AGCO. Oppenheimer set a $134.00 price objective on shares of AGCO in a research note on Wednesday, May 6th. Weiss Ratings cut shares of AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 27th. UBS Group reaffirmed a “neutral” rating and set a $123.00 price objective on shares of AGCO in a research note on Sunday, May 10th. Morgan Stanley reaffirmed an “underweight” rating and set a $108.00 price objective on shares of AGCO in a research note on Thursday, May 14th. Finally, Wall Street Zen raised shares of AGCO from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, AGCO has an average rating of “Hold” and a consensus target price of $126.50.

About AGCO

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.