Insider Selling: AGCO (NYSE:AGCO) SVP Sells $315,192.00 in Stock

AGCO Corporation (NYSE:AGCO) SVP Kelvin Eugene Bennett sold 2,300 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $137.04, for a total transaction of $315,192.00. Following the completion of the sale, the senior vice president directly owned 16,844 shares in the company, valued at $2,308,301.76. This represents a 12.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

AGCO Price Performance

AGCO stock opened at $137.76 on Friday. The firm has a 50 day simple moving average of $116.30 and a two-hundred day simple moving average of $111.07. The stock has a market cap of $9.97 billion, a PE ratio of 14.13, a P/E/G ratio of 0.98 and a beta of 1.19. AGCO Corporation has a one year low of $73.79 and a one year high of $143.78. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.39 and a quick ratio of 0.67.

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

AGCO Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 13th will be issued a $0.29 dividend. 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%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AGCO shares. Weiss Ratings restated a “hold (c)” rating on shares of AGCO in a research report on Monday, December 22nd. UBS Group reaffirmed a “neutral” rating and issued a $127.00 price objective on shares of AGCO in a research note on Friday, February 6th. Citigroup increased their target price on shares of AGCO from $120.00 to $130.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Robert W. Baird set a $128.00 price target on shares of AGCO in a research note on Friday, February 6th. Finally, Wells Fargo & Company set a $132.00 price objective on AGCO in a research note on Monday, February 9th. Three research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, AGCO has an average rating of “Hold” and a consensus price target of $122.73.

Institutional Investors Weigh In On AGCO

A number of large investors have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC purchased a new stake in AGCO in the 3rd quarter worth approximately $1,126,000. Neo Ivy Capital Management purchased a new position in shares of AGCO during the second quarter valued at approximately $817,000. Eisler Capital Management Ltd. bought a new position in shares of AGCO during the second quarter valued at approximately $15,979,000. Level Four Advisory Services LLC lifted its stake in AGCO by 3.0% in the second quarter. Level Four Advisory Services LLC now owns 81,011 shares of the industrial products company’s stock worth $8,357,000 after acquiring an additional 2,391 shares during the period. Finally, Robeco Institutional Asset Management B.V. purchased a new stake in AGCO in the third quarter worth $802,000. Institutional investors own 78.80% of the company’s stock.

AGCO Company Profile

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.