AGCO Corporation $AGCO Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of AGCO Corporation (NYSE:AGCO) by 10.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,351,032 shares of the industrial products company’s stock after selling 165,457 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in AGCO were worth $161,719,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Lombard Odier Asset Management Europe Ltd purchased a new stake in AGCO during the 2nd quarter worth about $230,000. Empowered Funds LLC purchased a new position in shares of AGCO in the 2nd quarter valued at about $1,035,000. United Capital Financial Advisors LLC acquired a new position in shares of AGCO during the second quarter worth about $288,000. Public Employees Retirement System of Ohio purchased a new stake in shares of AGCO during the second quarter worth approximately $2,216,000. Finally, Capstone Investment Advisors LLC purchased a new stake in shares of AGCO during the second quarter worth approximately $1,589,000. 78.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on AGCO. Weiss Ratings downgraded shares of AGCO from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 31st. Morgan Stanley lowered their target price on shares of AGCO from $110.00 to $99.00 and set an “underweight” rating for the company in a research note on Tuesday, August 4th. Oppenheimer dropped their target price on AGCO from $134.00 to $127.00 and set an “outperform” rating on the stock in a report on Friday, July 31st. DA Davidson set a $151.00 price target on AGCO in a research note on Friday, July 31st. Finally, Citigroup decreased their price target on AGCO from $125.00 to $115.00 and set a “neutral” rating for the company in a report on Monday, August 3rd. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $122.17.

AGCO Stock Performance

Shares of AGCO stock opened at $122.14 on Wednesday. The firm’s fifty day simple moving average is $111.37 and its 200-day simple moving average is $116.70. AGCO Corporation has a 12 month low of $98.22 and a 12 month high of $143.78. The stock has a market capitalization of $8.55 billion, a price-to-earnings ratio of 16.89, a PEG ratio of 0.98 and a beta of 1.08. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 0.58.

AGCO (NYSE:AGCO) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.43 EPS for the quarter, missing the consensus estimate of $1.46 by ($0.03). AGCO had a net margin of 5.15% and a return on equity of 10.09%. The company had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.75 billion. During the same period in the prior year, the company earned $1.35 earnings per share. The firm’s revenue was down 1.0% on a year-over-year basis. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. As a group, equities analysts forecast that AGCO Corporation will post 5.54 earnings per share for the current year.

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 16.60%.

Insider Buying and Selling

In other AGCO news, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $115.33, for a total transaction of $56,790,567.94. Following the completion of the transaction, the insider directly owned 3,017,565 shares in the company, valued at approximately $348,015,771.45. This trade represents a 14.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Lange Bob De purchased 1,000 shares of AGCO stock in a transaction on Friday, August 14th. The stock was acquired at an average cost of $100.71 per share, for a total transaction of $100,710.00. Following the acquisition, the director directly owned 18,717 shares of the company’s stock, valued at approximately $1,884,989.07. This represents a 5.64% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.62% of the stock is currently owned by company insiders.

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.