AGCO Corporation (NYSE:AGCO) Receives Consensus Rating of “Hold” from Analysts

AGCO Corporation (NYSE:AGCO) has received an average rating of “Hold” from the twelve ratings firms that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $129.4545.

Several equities research analysts have recently issued reports on the company. Morgan Stanley reaffirmed an “underweight” rating and issued a $108.00 price target on shares of AGCO in a research report on Thursday, May 14th. DA Davidson initiated coverage on AGCO in a research note on Friday, July 10th. They set a “buy” rating and a $160.00 target price for the company. UBS Group reaffirmed a “neutral” rating and issued a $123.00 target price on shares of AGCO in a report on Sunday, May 10th. Oppenheimer set a $134.00 price target on AGCO in a research report on Wednesday, May 6th. Finally, Truist Financial upped their price target on AGCO from $152.00 to $159.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd.

AGCO Price Performance

NYSE AGCO opened at $115.13 on Thursday. The company has a current ratio of 1.29, a quick ratio of 0.57 and a debt-to-equity ratio of 0.47. The company has a fifty day simple moving average of $114.97 and a 200 day simple moving average of $117.94. The company has a market cap of $8.34 billion, a P/E ratio of 11.10, a P/E/G ratio of 0.76 and a beta of 1.07. AGCO has a 1 year low of $99.21 and a 1 year high of $143.78.

AGCO (NYSE:AGCO) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.50. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.26 billion. AGCO had a net margin of 7.43% and a return on equity of 9.99%. AGCO’s revenue was up 14.3% compared to the same quarter last year. During the same period last year, the business posted $0.41 EPS. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS. On average, sell-side analysts predict that AGCO will post 6.07 EPS for the current year.

AGCO Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be given a dividend of $0.30 per share. 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 payout ratio is 11.57%.

Insider Buying and Selling

In related news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of the company’s stock in a transaction 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 transaction, the insider directly owned 3,149,820 shares in the company, valued at $388,309,809.60. This represents a 11.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.62% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Capital World Investors increased its stake in AGCO by 309.0% during the fourth quarter. Capital World Investors now owns 2,403,349 shares of the industrial products company’s stock valued at $250,717,000 after acquiring an additional 1,815,741 shares during the period. Norges Bank bought a new stake in shares of AGCO in the 4th quarter worth approximately $78,202,000. Invesco Ltd. lifted its position in shares of AGCO by 20.6% in the 3rd quarter. Invesco Ltd. now owns 2,086,933 shares of the industrial products company’s stock worth $223,448,000 after acquiring an additional 356,560 shares during the period. Davis Selected Advisers grew its holdings in shares of AGCO by 13.0% during the 4th quarter. Davis Selected Advisers now owns 2,048,835 shares of the industrial products company’s stock worth $213,736,000 after purchasing an additional 235,913 shares in the last quarter. Finally, Pacer Advisors Inc. grew its holdings in shares of AGCO by 289.8% during the 4th quarter. Pacer Advisors Inc. now owns 274,814 shares of the industrial products company’s stock worth $28,669,000 after purchasing an additional 204,318 shares in the last quarter. Institutional investors own 78.80% of the company’s stock.

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.