What is Zacks Research’s Estimate for AGCO FY2028 Earnings?

AGCO Corporation (NYSE:AGCO) – Stock analysts at Zacks Research lifted their FY2028 earnings estimates for shares of AGCO in a research note issued to investors on Friday, July 10th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $9.16 per share for the year, up from their previous estimate of $9.15. The consensus estimate for AGCO’s current full-year earnings is $6.04 per share.

AGCO (NYSE:AGCO) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.50. AGCO had a net margin of 7.43% and a return on equity of 9.99%. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the prior year, the firm earned $0.41 EPS. AGCO’s quarterly revenue was up 14.3% on a year-over-year basis. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS.

A number of other equities research analysts also recently commented on the stock. Oppenheimer set a $134.00 price objective on shares of AGCO in a research report on Wednesday, May 6th. UBS Group reiterated a “neutral” rating and set a $123.00 target price on shares of AGCO in a research report on Sunday, May 10th. DA Davidson began coverage on AGCO in a research note on Friday. They set a “buy” rating and a $160.00 target price for the company. Weiss Ratings cut AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 27th. Finally, Morgan Stanley reaffirmed an “underweight” rating and set a $108.00 price objective on shares of AGCO in a report on Thursday, May 14th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $130.18.

AGCO Trading Up 0.2%

Shares of AGCO stock opened at $114.54 on Monday. AGCO has a 52-week low of $99.21 and a 52-week high of $143.78. The company has a quick ratio of 0.57, a current ratio of 1.29 and a debt-to-equity ratio of 0.47. The company’s 50-day simple moving average is $115.23 and its 200-day simple moving average is $117.75. The firm has a market cap of $8.29 billion, a price-to-earnings ratio of 11.05, a price-to-earnings-growth ratio of 0.76 and a beta of 1.07.

Hedge Funds Weigh In On AGCO

Several hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised 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 purchasing an additional 257 shares during the last quarter. Elevation Wealth Partners LLC grew its holdings in AGCO by 400.0% in the second quarter. Elevation Wealth Partners LLC now owns 290 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 232 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of AGCO in the third quarter valued at $33,000. Torren Management LLC acquired a new position in shares of AGCO during the 4th quarter worth $35,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of AGCO by 109.2% during 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 last quarter. 78.80% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at AGCO

In other 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 completion of the sale, the insider directly owned 3,149,820 shares in the company, valued at approximately $388,309,809.60. This trade represents a 11.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.62% of the company’s stock.

AGCO Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.20 dividend on an annualized basis and a yield of 1.0%. 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.