Dimensional Fund Advisors LP Boosts Stock Holdings in AGCO Corporation $AGCO

Dimensional Fund Advisors LP lifted its stake in AGCO Corporation (NYSE:AGCO) by 1.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,461,860 shares of the industrial products company’s stock after buying an additional 61,383 shares during the period. Dimensional Fund Advisors LP’s holdings in AGCO were worth $370,665,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Cullen Frost Bankers Inc. boosted its holdings in AGCO by 1,721.4% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 255 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 241 shares during the period. Pinnacle Bancorp Inc. purchased a new position in AGCO in the 3rd quarter worth approximately $29,000. EverSource Wealth Advisors LLC lifted its position in AGCO by 951.9% in the second quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 257 shares during the last quarter. SJS Investment Consulting Inc. boosted its stake in shares of AGCO by 3,725.0% during the third quarter. SJS Investment Consulting Inc. now owns 306 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 298 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in shares of AGCO by 109.2% in the first quarter. Geneos Wealth Management Inc. now owns 364 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 190 shares during the last quarter. Institutional investors own 78.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on AGCO shares. UBS Group reaffirmed a “neutral” rating and issued a $127.00 target price on shares of AGCO in a research note on Friday, February 6th. Robert W. Baird set a $128.00 price target on shares of AGCO in a report on Friday, February 6th. Wells Fargo & Company set a $132.00 price objective on shares of AGCO in a research note on Monday, February 9th. JPMorgan Chase & Co. increased their target price on shares of AGCO from $123.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. Finally, Oppenheimer boosted their price target on AGCO from $128.00 to $132.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $122.73.

AGCO Trading Down 5.2%

Shares of AGCO opened at $127.39 on Friday. AGCO Corporation has a 1-year low of $73.79 and a 1-year high of $143.78. The company has a current ratio of 1.39, a quick ratio of 0.67 and a debt-to-equity ratio of 0.54. The firm’s 50-day moving average price is $121.32 and its 200-day moving average price is $112.45. The firm has a market capitalization of $9.22 billion, a price-to-earnings ratio of 13.07, a PEG ratio of 0.95 and a beta of 1.13.

AGCO (NYSE:AGCO) last issued its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.17 EPS for the quarter, topping the consensus estimate of $1.85 by $0.32. AGCO had a net margin of 7.21% and a return on equity of 9.39%. The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.67 billion. During the same period last year, the business posted $1.97 earnings per share. AGCO’s quarterly revenue was up 1.1% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS. Sell-side analysts anticipate that AGCO Corporation will post 4.2 EPS for the current year.

AGCO Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 13th will be given a dividend of $0.29 per share. The ex-dividend date is Friday, February 13th. This represents a $1.16 annualized dividend and a dividend yield of 0.9%. AGCO’s payout ratio is currently 11.90%.

Insiders Place Their Bets

In other AGCO news, SVP Kelvin Eugene Bennett sold 2,300 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $137.04, for a total value of $315,192.00. Following the completion of the transaction, the senior vice president owned 16,844 shares in the company, valued at approximately $2,308,301.76. This represents a 12.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 16.60% of the stock is currently owned by insiders.

AGCO 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.