WINTON GROUP Ltd Makes New Investment in AGCO Corporation $AGCO

WINTON GROUP Ltd bought a new position in AGCO Corporation (NYSE:AGCO) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 45,512 shares of the industrial products company’s stock, valued at approximately $4,873,000.

A number of other large investors also recently modified their holdings of the stock. Cullen Frost Bankers Inc. grew its stake in shares of AGCO by 1,721.4% during the third quarter. Cullen Frost Bankers Inc. now owns 255 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 241 shares during the last quarter. Pinnacle Bancorp Inc. bought a new position in AGCO in the 3rd quarter worth approximately $29,000. EverSource Wealth Advisors LLC raised its position in AGCO by 951.9% in the 2nd 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. SJS Investment Consulting Inc. lifted its holdings in AGCO by 3,725.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 306 shares of the industrial products company’s stock worth $33,000 after buying an additional 298 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in 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 in the last quarter. 78.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at AGCO

In related news, SVP Kelvin Eugene Bennett sold 2,300 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $137.04, for a total value of $315,192.00. Following the sale, the senior vice president directly owned 16,844 shares in the company, valued at $2,308,301.76. This trade represents a 12.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 16.90% of the stock is owned by corporate insiders.

AGCO Stock Up 0.1%

NYSE:AGCO opened at $123.99 on Tuesday. The company has a quick ratio of 0.67, a current ratio of 1.39 and a debt-to-equity ratio of 0.54. AGCO Corporation has a 12-month low of $73.79 and a 12-month high of $143.78. The stock’s fifty day simple moving average is $122.08 and its 200-day simple moving average is $112.60. The firm has a market capitalization of $8.98 billion, a P/E ratio of 12.72, a P/E/G ratio of 0.88 and a beta of 1.13.

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

AGCO Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 13th will be paid a $0.29 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.9%. AGCO’s dividend payout ratio is 11.90%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on AGCO shares. Barclays lifted their target price on AGCO from $93.00 to $105.00 and gave the company an “underweight” rating in a research note on Friday, February 6th. Wall Street Zen upgraded AGCO from a “hold” rating to a “buy” rating in a report on Saturday. UBS Group reiterated a “neutral” rating and issued a $127.00 price objective on shares of AGCO in a research report on Friday, February 6th. BMO Capital Markets boosted their price objective on AGCO from $110.00 to $115.00 and gave the stock a “market perform” rating in a report on Friday, February 6th. Finally, Truist Financial upped their target price on shares of AGCO from $134.00 to $152.00 and gave the company a “buy” rating in a research report on Monday, February 9th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, AGCO presently has an average rating of “Hold” and an average target price of $122.73.

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.