AGCO (NYSE:AGCO) Updates FY 2026 Earnings Guidance

AGCO (NYSE:AGCO) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 6.000-6.000 for the period, compared to the consensus earnings per share estimate of 5.810. The company issued revenue guidance of $10.5 billion-$10.7 billion, compared to the consensus revenue estimate of $10.5 billion.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Wall Street Zen raised shares of AGCO from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. BMO Capital Markets increased their price target on shares of AGCO from $110.00 to $115.00 and gave the company a “market perform” rating in a research note on Friday, February 6th. Robert W. Baird set a $128.00 price objective on shares of AGCO in a report on Friday, February 6th. Weiss Ratings cut shares of AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. raised their price objective on shares of AGCO from $123.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $123.09.

AGCO Stock Up 2.2%

AGCO stock opened at $121.12 on Tuesday. 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 has a twelve month low of $93.30 and a twelve month high of $143.78. The company’s 50 day moving average is $120.84 and its two-hundred day moving average is $114.71. The stock has a market cap of $8.77 billion, a P/E ratio of 12.42, a PEG ratio of 0.85 and a beta of 1.12.

AGCO (NYSE:AGCO) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.50. AGCO had a net margin of 7.21% and a return on equity of 9.39%. The company had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter last year, the company earned $0.41 earnings per share. The firm’s revenue for the quarter was up 14.3% on a year-over-year basis. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS. Research analysts expect that AGCO will post 5.75 earnings per share for the current fiscal year.

AGCO Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 15th will be given a $0.30 dividend. This is a positive change from AGCO’s previous quarterly dividend of $0.29. The ex-dividend date is Friday, May 15th. This represents a $1.20 annualized dividend and a yield of 1.0%. AGCO’s payout ratio is currently 11.90%.

Insider Buying and Selling

In related news, SVP Kelvin Eugene Bennett sold 2,300 shares of the company’s stock in a transaction 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 completion of the sale, the senior vice president owned 16,844 shares in the company, valued at $2,308,301.76. This represents a 12.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.62% of the stock is currently owned by company insiders.

Institutional Trading of AGCO

Several institutional investors and hedge funds have recently bought and sold shares of the business. UMB Bank n.a. raised its position in AGCO by 16.8% in the 4th quarter. UMB Bank n.a. now owns 759 shares of the industrial products company’s stock valued at $79,000 after purchasing an additional 109 shares during the last quarter. Jones Financial Companies Lllp raised its position in AGCO by 29.7% in the 1st quarter. Jones Financial Companies Lllp now owns 650 shares of the industrial products company’s stock valued at $61,000 after purchasing an additional 149 shares during the last quarter. Ausdal Financial Partners Inc. raised its position in AGCO by 7.5% in the 4th quarter. Ausdal Financial Partners Inc. now owns 2,402 shares of the industrial products company’s stock valued at $251,000 after purchasing an additional 167 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in AGCO by 3.9% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,634 shares of the industrial products company’s stock valued at $496,000 after purchasing an additional 174 shares during the last quarter. Finally, Empowered Funds LLC raised its position in AGCO by 3.1% in the 1st quarter. Empowered Funds LLC now owns 5,876 shares of the industrial products company’s stock valued at $544,000 after purchasing an additional 176 shares during the last quarter. Hedge funds and other institutional investors own 78.80% of the company’s stock.

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.