DJE Kapital AG Buys New Holdings in AGCO Corporation $AGCO

DJE Kapital AG purchased a new position in AGCO Corporation (NYSE:AGCO) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 14,000 shares of the industrial products company’s stock, valued at approximately $1,602,000.

A number of other institutional investors also recently bought and sold shares of AGCO. Dimensional Fund Advisors LP lifted its stake in AGCO by 2.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,535,740 shares of the industrial products company’s stock valued at $368,849,000 after acquiring an additional 73,880 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in AGCO by 3.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,939,113 shares of the industrial products company’s stock valued at $306,608,000 after purchasing an additional 98,988 shares during the last quarter. Capital World Investors boosted its holdings in AGCO by 309.0% in 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 purchasing an additional 1,815,741 shares during the last quarter. Invesco Ltd. grew its position in AGCO by 15.1% during the 4th quarter. Invesco Ltd. now owns 2,401,288 shares of the industrial products company’s stock worth $250,502,000 after purchasing an additional 314,355 shares during the period. Finally, Davis Selected Advisers grew its position in 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 during the period. 78.80% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at AGCO

In other 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 sale, the insider owned 3,149,820 shares of the company’s stock, valued at $388,309,809.60. This represents a 11.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.62% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on AGCO. UBS Group reiterated a “neutral” rating and set a $123.00 price objective on shares of AGCO in a research note on Sunday, May 10th. Morgan Stanley upped their target price on AGCO from $108.00 to $110.00 and gave the stock an “underweight” rating in a research note on Friday. Weiss Ratings lowered AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 27th. JPMorgan Chase & Co. reduced their price target on AGCO from $143.00 to $130.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Finally, Oppenheimer set a $134.00 price target on AGCO in a report on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, AGCO currently has an average rating of “Hold” and a consensus target price of $129.64.

AGCO Trading Down 2.4%

AGCO stock opened at $112.51 on Tuesday. AGCO Corporation has a 12-month low of $99.21 and a 12-month high of $143.78. The business’s 50-day moving average is $114.76 and its 200 day moving average is $118.14. 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 stock has a market cap of $8.15 billion, a price-to-earnings ratio of 10.85, a PEG ratio of 0.76 and a beta of 1.07.

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

AGCO Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be issued a $0.30 dividend. The ex-dividend date is Friday, August 14th. This represents a $1.20 dividend on an annualized basis and a yield of 1.1%. AGCO’s dividend payout ratio (DPR) is presently 11.57%.

AGCO Company 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.