AGCO Corporation (NYSE:AGCO) Receives Consensus Recommendation of “Hold” from Analysts

Shares of AGCO Corporation (NYSE:AGCO) have been assigned a consensus recommendation of “Hold” from the twelve analysts that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $123.0909.

AGCO has been the subject of a number of recent analyst reports. Wall Street Zen upgraded AGCO from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. UBS Group reissued a “neutral” rating and issued a $127.00 price target on shares of AGCO in a report on Friday, February 6th. JPMorgan Chase & Co. increased their price target on shares of AGCO from $123.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Robert W. Baird set a $128.00 price objective on shares of AGCO in a report on Friday, February 6th. Finally, Citigroup lifted their price objective on shares of AGCO from $120.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th.

Insider Activity at AGCO

In other AGCO news, SVP Kelvin Eugene Bennett sold 2,300 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $137.04, for a total transaction of $315,192.00. Following the completion of the transaction, the senior vice president directly owned 16,844 shares of the company’s stock, valued at approximately $2,308,301.76. This represents a 12.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Jupiter Asset Management Ltd. boosted its position in AGCO by 520.4% during the third quarter. Jupiter Asset Management Ltd. now owns 35,801 shares of the industrial products company’s stock worth $3,833,000 after purchasing an additional 30,030 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of AGCO in the third quarter valued at approximately $1,126,000. SG Americas Securities LLC raised its position in shares of AGCO by 2,167.4% in the fourth quarter. SG Americas Securities LLC now owns 157,309 shares of the industrial products company’s stock valued at $16,410,000 after purchasing an additional 150,371 shares during the period. WINTON GROUP Ltd purchased a new stake in shares of AGCO during the 3rd quarter valued at approximately $4,873,000. Finally, Fox Run Management L.L.C. purchased a new stake in shares of AGCO during the 3rd quarter valued at approximately $844,000. Institutional investors own 78.80% of the company’s stock.

AGCO Trading Down 2.0%

NYSE:AGCO opened at $118.61 on Friday. AGCO has a 52 week low of $93.30 and a 52 week high of $143.78. The firm has a 50-day moving average price of $120.84 and a two-hundred day moving average price of $114.59. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.67 and a current ratio of 1.39. The firm has a market cap of $8.59 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 0.86 and a beta of 1.12.

AGCO (NYSE:AGCO) last announced its 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. The firm had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.67 billion. AGCO had a return on equity of 9.39% and a net margin of 7.21%.The company’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.97 EPS. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS. On average, equities analysts expect that AGCO will post 5.75 earnings per share for the current fiscal year.

AGCO Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, May 15th. This is an increase from AGCO’s previous quarterly dividend of $0.29. AGCO’s dividend payout ratio (DPR) is 11.90%.

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.