Prescott Group Capital Management L.L.C. Purchases Shares of 5,000 AGCO Corporation $AGCO

Prescott Group Capital Management L.L.C. purchased a new position in shares of AGCO Corporation (NYSE:AGCO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,000 shares of the industrial products company’s stock, valued at approximately $535,000.

A number of other large investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its holdings in shares of AGCO by 78.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,955,740 shares of the industrial products company’s stock worth $201,755,000 after buying an additional 861,377 shares during the last quarter. Norges Bank acquired a new position in AGCO in the second quarter valued at $78,651,000. Massachusetts Financial Services Co. MA grew its position in AGCO by 32.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,840,125 shares of the industrial products company’s stock valued at $304,092,000 after acquiring an additional 700,558 shares during the period. Ninety One UK Ltd acquired a new stake in AGCO during the third quarter worth about $69,996,000. Finally, Frontier Capital Management Co. LLC acquired a new stake in AGCO during the second quarter worth about $38,534,000. Hedge funds and other institutional investors own 78.80% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on AGCO. Robert W. Baird set a $128.00 target price on shares of AGCO in a research report on Friday, February 6th. BMO Capital Markets boosted their price objective on shares of AGCO from $110.00 to $115.00 and gave the stock a “market perform” rating in a research note on Friday, February 6th. Citigroup raised their target price on shares of AGCO from $120.00 to $130.00 and gave the company a “neutral” rating in a research note on Monday. Barclays upped their price target on shares of AGCO from $93.00 to $105.00 and gave the stock an “underweight” rating in a research report on Friday, February 6th. Finally, UBS Group restated a “neutral” rating and set a $127.00 price objective on shares of AGCO in a research note on Friday, February 6th. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $122.73.

AGCO Stock Up 0.4%

AGCO stock opened at $138.99 on Friday. The company has a current ratio of 1.39, a quick ratio of 0.67 and a debt-to-equity ratio of 0.54. The firm has a 50 day simple moving average of $112.44 and a 200-day simple moving average of $109.94. The company has a market capitalization of $10.37 billion, a P/E ratio of 14.26, a PEG ratio of 0.98 and a beta of 1.19. AGCO Corporation has a twelve month low of $73.79 and a twelve month high of $143.78.

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

AGCO Dividend Announcement

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 given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, February 13th. AGCO’s dividend 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.