Schroder Investment Management Group Cuts Position in AGCO Corporation $AGCO

Schroder Investment Management Group lowered its holdings in AGCO Corporation (NYSE:AGCO) by 4.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 174,029 shares of the industrial products company’s stock after selling 7,930 shares during the quarter. Schroder Investment Management Group owned 0.23% of AGCO worth $18,778,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in AGCO. Jupiter Asset Management Ltd. boosted its holdings in AGCO by 520.4% during the third quarter. Jupiter Asset Management Ltd. now owns 35,801 shares of the industrial products company’s stock worth $3,833,000 after buying an additional 30,030 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in AGCO during the third quarter worth about $1,126,000. Neo Ivy Capital Management purchased a new position in AGCO in the second quarter valued at about $817,000. Eisler Capital Management Ltd. purchased a new position in AGCO in the second quarter valued at about $15,979,000. Finally, Level Four Advisory Services LLC lifted its position in shares of AGCO by 3.0% during the 2nd quarter. Level Four Advisory Services LLC now owns 81,011 shares of the industrial products company’s stock valued at $8,357,000 after acquiring an additional 2,391 shares during the period. 78.80% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at AGCO

In related news, SVP Kelvin Eugene Bennett sold 2,300 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $137.04, for a total transaction of $315,192.00. Following the completion of the transaction, the senior vice president owned 16,844 shares of the company’s stock, valued at approximately $2,308,301.76. This represents a 12.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 16.60% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company set a $132.00 price target on AGCO in a report on Monday, February 9th. Barclays lifted their price objective on AGCO from $93.00 to $105.00 and gave the stock an “underweight” rating in a report on Friday, February 6th. UBS Group reiterated a “neutral” rating and set a $127.00 target price on shares of AGCO in a research report on Friday, February 6th. Truist Financial upped their target price on AGCO from $134.00 to $152.00 and gave the company a “buy” rating in a report on Monday, February 9th. Finally, Citigroup lifted their price target on AGCO from $120.00 to $130.00 and gave the stock a “neutral” rating in a research note on Monday, February 9th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, AGCO has an average rating of “Hold” and an average price target of $122.73.

AGCO Stock Performance

AGCO stock opened at $119.66 on Friday. The stock has a fifty day moving average price of $123.07 and a 200 day moving average price of $112.75. AGCO Corporation has a 52 week low of $73.79 and a 52 week high of $143.78. The firm has a market capitalization of $8.66 billion, a P/E ratio of 12.27, a PEG ratio of 0.86 and a beta of 1.13. The company has a current ratio of 1.39, a quick ratio of 0.67 and a debt-to-equity ratio of 0.54.

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

AGCO Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 13th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, February 13th. AGCO’s payout ratio is presently 11.90%.

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.