Analysts Set AGCO Corporation (NYSE:AGCO) PT at $123.25

AGCO Corporation (NYSE:AGCO) has been assigned a consensus rating of “Hold” from the thirteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $120.3333.

AGCO has been the topic of several analyst reports. Wall Street Zen cut AGCO from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Citigroup reduced their target price on AGCO from $125.00 to $115.00 and set a “neutral” rating on the stock in a research note on Monday, August 3rd. JPMorgan Chase & Co. decreased their price target on shares of AGCO from $143.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Truist Financial reiterated a “buy” rating and issued a $135.00 price objective (down from $159.00) on shares of AGCO in a report on Friday, July 31st. Finally, Oppenheimer decreased their target price on shares of AGCO from $134.00 to $127.00 and set an “outperform” rating on the stock in a research note on Friday, July 31st.

Insider Buying and Selling

In related news, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the business’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $115.33, for a total transaction of $56,790,567.94. Following the transaction, the insider owned 3,017,565 shares in the company, valued at $348,015,771.45. The trade was a 14.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC increased its holdings in shares of AGCO by 951.9% during the second quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 257 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in AGCO during the second quarter valued at approximately $35,000. Elevation Wealth Partners LLC boosted its holdings in AGCO by 400.0% in the second quarter. Elevation Wealth Partners LLC now owns 290 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 232 shares during the last quarter. Trust Co. of Vermont bought a new stake in AGCO in the 2nd quarter worth approximately $36,000. Finally, Advisory Services Network LLC bought a new stake in shares of AGCO in the third quarter worth $33,000. 78.80% of the stock is currently owned by institutional investors.

AGCO Trading Up 0.0%

Shares of AGCO opened at $102.85 on Monday. The firm has a market cap of $7.20 billion, a P/E ratio of 14.23, a price-to-earnings-growth ratio of 0.85 and a beta of 1.08. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.58 and a current ratio of 1.32. The business has a 50-day moving average of $113.94 and a 200 day moving average of $118.30. AGCO has a fifty-two week low of $99.21 and a fifty-two week high of $143.78.

AGCO (NYSE:AGCO) last announced its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.43 EPS for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.03). AGCO had a net margin of 5.15% and a return on equity of 10.09%. The business had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.75 billion. During the same quarter in the previous year, the company posted $1.35 earnings per share. The business’s quarterly revenue was down 1.0% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. As a group, research analysts forecast that AGCO will post 5.58 EPS for the current year.

AGCO Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, August 14th. AGCO’s dividend payout ratio is currently 16.60%.

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.