AGCO Corporation $AGCO Shares Sold by LSV Asset Management

LSV Asset Management decreased its stake in AGCO Corporation (NYSE:AGCO) by 3.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,189,896 shares of the industrial products company’s stock after selling 70,472 shares during the quarter. LSV Asset Management’s holdings in AGCO were worth $234,472,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of AGCO. KLP Kapitalforvaltning AS boosted its holdings in AGCO by 0.7% in the 3rd quarter. KLP Kapitalforvaltning AS now owns 14,300 shares of the industrial products company’s stock worth $1,531,000 after acquiring an additional 100 shares during the period. Quantum Portfolio Management LLC raised its stake in shares of AGCO by 5.5% during the second quarter. Quantum Portfolio Management LLC now owns 2,495 shares of the industrial products company’s stock valued at $257,000 after purchasing an additional 129 shares during the period. GAMMA Investing LLC lifted its position in shares of AGCO by 8.7% during the third quarter. GAMMA Investing LLC now owns 1,818 shares of the industrial products company’s stock worth $195,000 after purchasing an additional 146 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of AGCO by 29.7% in the first 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 period. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of AGCO by 3.9% in the third quarter. Sequoia Financial Advisors LLC now owns 4,141 shares of the industrial products company’s stock valued at $443,000 after purchasing an additional 156 shares during the period. Institutional investors and hedge funds own 78.80% of the company’s stock.

AGCO Stock Performance

Shares of NYSE AGCO opened at $138.45 on Thursday. The company has a quick ratio of 0.67, a current ratio of 1.39 and a debt-to-equity ratio of 0.54. The firm’s 50-day moving average price is $111.77 and its two-hundred day moving average price is $109.74. AGCO Corporation has a 52-week low of $73.79 and a 52-week high of $138.54. The stock has a market capitalization of $10.33 billion, a P/E ratio of 14.20, a P/E/G ratio of 0.96 and a beta of 1.19.

AGCO (NYSE:AGCO) last announced its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.85 by $0.32. AGCO had a return on equity of 9.39% and a net margin of 7.21%.The business had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.67 billion. During the same period in the prior year, the firm earned $1.97 EPS. The business’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. As a group, sell-side analysts forecast that AGCO Corporation will post 4.2 earnings per share for the current year.

AGCO Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 13th will be paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, February 13th. AGCO’s dividend payout ratio (DPR) is presently 11.90%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Barclays boosted their price objective on shares of AGCO from $93.00 to $105.00 and gave the stock an “underweight” rating in a report on Friday, February 6th. Weiss Ratings reissued a “hold (c)” rating on shares of AGCO in a report on Monday, December 22nd. Citigroup lifted their price objective on AGCO from $120.00 to $130.00 and gave the stock a “neutral” rating in a report on Monday. Truist Financial upped their target price on AGCO from $134.00 to $152.00 and gave the company a “buy” rating in a research report on Monday. Finally, Robert W. Baird set a $128.00 price target on shares of AGCO in a research report on Friday, February 6th. Three equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, AGCO currently has an average rating of “Hold” and a consensus price target of $122.73.

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.