AGCO Corporation $AGCO Shares Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. boosted its position in shares of AGCO Corporation (NYSE:AGCO) by 289.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 274,814 shares of the industrial products company’s stock after acquiring an additional 204,318 shares during the quarter. Pacer Advisors Inc.’s holdings in AGCO were worth $28,669,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Kera Capital Partners Inc. purchased a new stake in AGCO during the fourth quarter worth about $354,000. Dean Capital Management boosted its stake in shares of AGCO by 3.2% in the fourth quarter. Dean Capital Management now owns 17,748 shares of the industrial products company’s stock valued at $1,851,000 after purchasing an additional 545 shares during the period. Invesco Ltd. boosted its stake in shares of AGCO by 15.1% in the fourth quarter. Invesco Ltd. now owns 2,401,288 shares of the industrial products company’s stock valued at $250,502,000 after purchasing an additional 314,355 shares during the period. Corient Private Wealth LLC grew its holdings in shares of AGCO by 241.4% in the fourth quarter. Corient Private Wealth LLC now owns 38,668 shares of the industrial products company’s stock valued at $4,034,000 after purchasing an additional 27,342 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its holdings in shares of AGCO by 146.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 10,458 shares of the industrial products company’s stock valued at $1,091,000 after purchasing an additional 6,212 shares in the last quarter. 78.80% of the stock is owned by institutional investors and hedge funds.

AGCO Stock Up 0.1%

Shares of NYSE AGCO opened at $113.78 on Friday. The company has a market capitalization of $8.24 billion, a price-to-earnings ratio of 10.97, a price-to-earnings-growth ratio of 0.76 and a beta of 1.08. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.29 and a quick ratio of 0.57. The business has a 50-day moving average of $116.00 and a two-hundred day moving average of $116.66. AGCO Corporation has a 1 year low of $98.60 and a 1 year high of $143.78.

AGCO (NYSE:AGCO) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.50. AGCO had a return on equity of 9.99% and a net margin of 7.43%.The business had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same period in the prior year, the firm posted $0.41 EPS. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS. On average, analysts forecast that AGCO Corporation will post 5.99 earnings per share for the current fiscal year.

AGCO Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 15th were paid a $0.30 dividend. This is an increase from AGCO’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, May 15th. AGCO’s payout ratio is currently 11.57%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on AGCO shares. Morgan Stanley reiterated an “underweight” rating and set a $108.00 target price on shares of AGCO in a report on Thursday, May 14th. Weiss Ratings downgraded shares of AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 27th. Wall Street Zen raised AGCO from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. UBS Group reiterated a “neutral” rating and issued a $123.00 price objective on shares of AGCO in a research note on Sunday, May 10th. Finally, Oppenheimer set a $134.00 target price on AGCO in a report on Wednesday, May 6th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $126.50.

Insider Buying and Selling

In other AGCO news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $123.28, for a total value of $52,096,895.20. Following 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.62% of the stock is owned by corporate insiders.

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.