AGCO Corporation (NYSE:AGCO) Stock Has Consensus Target Price of $123.92

Shares of AGCO Corporation (NYSE:AGCO) have received an average rating of “Hold” from the fourteen analysts that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $122.92.

Several analysts have weighed in on AGCO shares. DA Davidson reiterated a “buy” rating and issued a $151.00 price objective on shares of AGCO in a research note on Thursday, October 8th. Weiss Ratings raised AGCO from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, September 28th. Morgan Stanley cut their price target on shares of AGCO from $110.00 to $99.00 and set an “underweight” rating on the stock in a report on Tuesday, August 4th. Wells Fargo & Company dropped their target price on shares of AGCO from $132.00 to $117.00 and set an “equal weight” rating on the stock in a report on Friday, July 31st. Finally, Robert W. Baird raised AGCO from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $120.00 to $150.00 in a research note on Monday, August 31st.

Insider Activity

In other AGCO news, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $115.33, for a total transaction of $56,790,567.94. Following the completion of the sale, the insider directly owned 3,017,565 shares of the company’s stock, valued at approximately $348,015,771.45. The trade was a 14.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Lange De bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were bought at an average cost of $100.71 per share, for a total transaction of $100,710.00. Following the transaction, the director owned 18,717 shares of the company’s stock, valued at $1,884,989.07. The trade was a 5.64% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have sold 497,622 shares of company stock valued at $57,461,807. Corporate insiders own 0.62% of the company’s stock.

Institutional Investors Weigh In On AGCO

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in AGCO in the 2nd quarter worth $1,239,000. The Manufacturers Life Insurance Company raised its position in shares of AGCO by 27.0% in the 1st quarter. The Manufacturers Life Insurance Company now owns 126,234 shares of the industrial products company’s stock worth $14,626,000 after acquiring an additional 26,862 shares in the last quarter. Corient Private Wealth LP boosted its position in shares of AGCO by 21.5% during the second quarter. Corient Private Wealth LP now owns 99,102 shares of the industrial products company’s stock valued at $11,863,000 after purchasing an additional 17,562 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in AGCO in the second quarter worth $2,216,000. Finally, Bank of America Corp DE lifted its position in AGCO by 19.4% during the first quarter. Bank of America Corp DE now owns 543,955 shares of the industrial products company’s stock valued at $63,028,000 after buying an additional 88,571 shares during the period. Hedge funds and other institutional investors own 78.80% of the company’s stock.

AGCO Stock Performance

Shares of AGCO stock opened at $106.43 on Friday. The stock has a market cap of $7.45 billion, a P/E ratio of 14.72, a P/E/G ratio of 0.80 and a beta of 1.08. The company has a fifty day moving average price of $114.20 and a two-hundred day moving average price of $114.31. AGCO has a one year low of $98.22 and a one year high of $143.78. 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 announced its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.43 earnings per share for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.03). The business had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.75 billion. AGCO had a return on equity of 10.09% and a net margin of 5.15%. AGCO’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period last year, the firm earned $1.35 EPS. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. As a group, equities analysts predict that AGCO will post 5.54 EPS for the current year.

AGCO Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 16th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Monday, November 16th. AGCO’s dividend payout ratio is 16.60%.

More AGCO News

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: AGCO is launching a pilot program with Agility Robotics to test the Digit humanoid robot at its Hesston, Kansas, facility. The robot is expected to perform repetitive factory-floor tasks, potentially improving productivity and positioning AGCO as an early adopter of industrial automation. Agility Robotics and AGCO Launch Pilot Program for Digit Humanoid Robots at Hesston Facility Humanoid robots head to the factory floor at AGCO
• Positive Sentiment: The board maintained AGCO’s regular quarterly dividend at $0.30 per share, payable December 15 to shareholders of record November 16. The $1.20 annualized payout provides continued income support and signals that management is preserving shareholder returns. AGCO Announces Quarterly Dividend
• Neutral Sentiment: Oppenheimer reduced its AGCO price target from $127 to $123 but retained an “outperform” rating. The lower target reflects more cautious expectations, while the rating still implies analysts see meaningful potential upside from recent trading levels. Oppenheimer lowers AGCO price target
• Negative Sentiment: Zacks expects AGCO’s upcoming third-quarter earnings to decline and says the company lacks the combination of factors typically associated with an earnings beat. This adds pressure ahead of results, particularly after the company’s latest quarter missed revenue and EPS expectations. Earnings Preview: AGCO Q3 Earnings Expected to Decline

AGCO Company Profile

AGCO Corporation (NYSE: AGCO) is a global manufacturer and distributor of agricultural equipment, technologies and related services. The company serves farmers, agricultural contractors and equipment dealers with products designed for planting, harvesting, crop protection, hay and forage production, and grain handling.

AGCO’s product portfolio includes tractors, combines, planters, seeding equipment, sprayers, hay and forage machinery, grain storage and handling systems, replacement parts, and precision agriculture solutions.