AGCO (NYSE:AGCO) Price Target Raised to $140.00

AGCO (NYSE:AGCO) had its target price upped by JPMorgan Chase & Co. from $123.00 to $140.00 in a research report report published on Thursday,Benzinga reports. They currently have an overweight rating on the industrial products company’s stock.

Several other research firms also recently weighed in on AGCO. Weiss Ratings upgraded AGCO from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, September 28th. Robert W. Baird raised shares of AGCO from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $120.00 to $150.00 in a research note on Monday, August 31st. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $108.00 price objective on shares of AGCO in a research note on Friday, July 31st. Citigroup cut their price objective on shares of AGCO from $125.00 to $115.00 and set a “neutral” rating on the stock in a report on Monday, August 3rd. Finally, Truist Financial raised their target price on shares of AGCO from $135.00 to $146.00 and gave the stock a “buy” rating in a research report on Monday, October 5th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $123.92.

AGCO Trading Down 4.4%

Shares of AGCO opened at $103.38 on Thursday. AGCO has a fifty-two week low of $98.22 and a fifty-two week high of $143.78. The company has a market capitalization of $7.24 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 0.78 and a beta of 1.08. The stock has a fifty day moving average of $113.61 and a two-hundred day moving average of $115.01. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.58 and a current ratio of 1.32.

AGCO (NYSE:AGCO) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($0.03). The business had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.75 billion. AGCO had a return on equity of 10.09% and a net margin of 5.15%. AGCO’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.35 EPS. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. As a group, analysts forecast that AGCO will post 5.55 EPS for the current year.

Insiders Place Their Bets

In related news, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $115.33, for a total value of $56,790,567.94. Following the completion of the sale, the insider directly owned 3,017,565 shares in the company, valued at approximately $348,015,771.45. This represents a 14.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ivory Harris sold 1,600 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $125.30, for a total value of $200,480.00. Following the completion of the transaction, the senior vice president directly owned 14,454 shares in the company, valued at $1,811,086.20. This trade represents a 9.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 497,622 shares of company stock worth $57,461,807. 0.62% of the stock is owned by company insiders.

Institutional Investors Weigh In On AGCO

Large investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in AGCO during the 2nd quarter worth approximately $701,908,000. Bank of New York Mellon Corp acquired a new stake in AGCO in the second quarter valued at approximately $64,273,000. Bank of America Corp DE acquired a new stake in AGCO in the second quarter valued at approximately $62,281,000. Pacer Advisors Inc. raised its stake in shares of AGCO by 289.8% during the fourth quarter. Pacer Advisors Inc. now owns 274,814 shares of the industrial products company’s stock valued at $28,669,000 after purchasing an additional 204,318 shares during the period. Finally, Moore Capital Management LP purchased a new stake in shares of AGCO during the fourth quarter valued at approximately $21,251,000. Institutional investors and hedge funds own 78.80% of the company’s stock.

AGCO News Roundup

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: Analysts remain constructive on AGCO’s longer-term earnings outlook. Zacks Research modestly raised its FY2027 EPS estimate to $6.82 from $6.79 and its FY2028 estimate to $9.06 from $9.02, while JPMorgan increased its price target to $140 and maintained an overweight rating.
• Positive Sentiment: DA Davidson reaffirmed its buy rating with a $151 price target, suggesting substantial potential upside if agricultural-equipment demand and profitability recover.
• Neutral Sentiment: Institutional positioning was mixed in the latest quarter: 248 investors added AGCO shares while 205 reduced their holdings. Large purchases by Invesco, UBS and JPMorgan indicate ongoing institutional interest, though the varied activity signals uncertainty.
• Negative Sentiment: The Federal Trade Commission and U.S. Department of Agriculture opened a joint public inquiry into agricultural-equipment distribution, competition and repair barriers. The comment period extending into December creates a fresh regulatory overhang for AGCO and its peers. AGCO Falls as Federal Inquiry Weighs on Farm Equipment Shares
• Negative Sentiment: Recent operating trends leave the stock more vulnerable to negative sector news. AGCO has cited softer Latin American demand, lower year-over-year adjusted operating margins and plans to align production with dealer inventory and market demand.
• Negative Sentiment: Reported insider activity has been predominantly selling, including sales by executives and other insiders. While insider transactions are not necessarily predictive, the imbalance may add to investor caution.

About AGCO

AGCO Corporation (NYSE: AGCO) is a global manufacturer and distributor of agricultural equipment and related solutions. The company serves farmers, agricultural contractors and dealers through a portfolio that includes tractors, combines, harvesting equipment, seeding and planting machinery, hay and forage equipment, crop protection products, replacement parts and precision-agriculture technologies.

AGCO’s principal brands include Fendt, Massey Ferguson, Valtra, Gleaner and PTx. Its precision-agriculture offerings are designed to help producers improve field productivity, equipment utilization and resource management through technologies such as guidance, connectivity, automation and data-based farm management.

Founded in 1990 through the acquisition of Deutz-Allis, AGCO expanded its international presence through subsequent acquisitions, including Massey Ferguson and Fendt.