AGCO Corporation (NYSE:AGCO) Receives $126.50 Consensus PT from Analysts

Shares of AGCO Corporation (NYSE:AGCO) have been assigned a consensus rating of “Hold” from the eleven analysts that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $126.50.

A number of analysts recently issued reports on the stock. Morgan Stanley restated an “underweight” rating and set a $108.00 target price on shares of AGCO in a research report on Thursday, May 14th. Weiss Ratings lowered shares of AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 27th. UBS Group restated a “neutral” rating and set a $123.00 target price on shares of AGCO in a research report on Sunday, May 10th. Wall Street Zen upgraded shares of AGCO from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Finally, Oppenheimer set a $134.00 target price on shares of AGCO in a research report on Wednesday, May 6th.

Insider Transactions at AGCO

In related news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of the firm’s stock in a transaction that occurred 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 sale, the insider owned 3,149,820 shares in the company, valued at approximately $388,309,809.60. This trade represents a 11.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.62% of the company’s stock.

Institutional Trading of AGCO

A number of hedge funds have recently bought and sold shares of the company. Capital World Investors raised its stake in AGCO by 309.0% during the fourth quarter. Capital World Investors now owns 2,403,349 shares of the industrial products company’s stock worth $250,717,000 after purchasing an additional 1,815,741 shares during the period. Norges Bank purchased a new position in shares of AGCO in the 4th quarter valued at $78,202,000. Invesco Ltd. raised its stake in shares of AGCO by 20.6% in the 3rd quarter. Invesco Ltd. now owns 2,086,933 shares of the industrial products company’s stock valued at $223,448,000 after acquiring an additional 356,560 shares during the period. Davis Selected Advisers raised its stake in shares of AGCO by 13.0% in the 4th quarter. Davis Selected Advisers now owns 2,048,835 shares of the industrial products company’s stock valued at $213,736,000 after acquiring an additional 235,913 shares during the period. Finally, Pacer Advisors Inc. raised its stake in shares of AGCO by 289.8% in the 4th quarter. Pacer Advisors Inc. now owns 274,814 shares of the industrial products company’s stock valued at $28,669,000 after acquiring an additional 204,318 shares during the period. Institutional investors and hedge funds own 78.80% of the company’s stock.

AGCO Stock Up 0.7%

AGCO stock opened at $113.38 on Friday. The company’s 50 day simple moving average is $116.19 and its 200-day simple moving average is $116.58. The firm has a market capitalization of $8.21 billion, a PE ratio of 10.93, a P/E/G ratio of 0.76 and a beta of 1.08. AGCO has a 12 month low of $98.60 and a 12 month high of $143.78. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.29 and a quick ratio of 0.57.

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

AGCO Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 15th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.1%. This is an increase from AGCO’s previous quarterly dividend of $0.29. The ex-dividend date was Friday, May 15th. AGCO’s dividend payout ratio (DPR) is 11.57%.

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.