Van ECK Associates Corp Sells 19,237 Shares of AGCO Corporation $AGCO

Van ECK Associates Corp lowered its stake in shares of AGCO Corporation (NYSE:AGCO) by 8.3% in the second quarter, Holdings Channel.com reports. The firm owned 212,223 shares of the industrial products company’s stock after selling 19,237 shares during the period. Van ECK Associates Corp’s holdings in AGCO were worth $25,403,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AGCO. GAMMA Investing LLC raised its stake in shares of AGCO by 5.0% in the second quarter. GAMMA Investing LLC now owns 1,963 shares of the industrial products company’s stock worth $235,000 after purchasing an additional 94 shares during the last quarter. UMB Bank n.a. boosted its position in shares of AGCO by 16.8% during the fourth quarter. UMB Bank n.a. now owns 759 shares of the industrial products company’s stock valued at $79,000 after buying an additional 109 shares during the last quarter. Gateway Investment Advisers LLC grew its holdings in AGCO by 6.1% during the fourth quarter. Gateway Investment Advisers LLC now owns 2,367 shares of the industrial products company’s stock worth $247,000 after buying an additional 137 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in AGCO by 36.0% during the first quarter. EverSource Wealth Advisors LLC now owns 521 shares of the industrial products company’s stock worth $60,000 after buying an additional 138 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its position in AGCO by 29.7% in the 1st quarter. Jones Financial Companies Lllp now owns 650 shares of the industrial products company’s stock valued at $61,000 after buying an additional 149 shares during the last quarter. 78.80% of the stock is owned by institutional investors.

Insider Transactions at AGCO

In related news, Director Lange Bob De bought 1,000 shares of AGCO stock in a transaction dated Friday, August 14th. The stock was purchased at an average cost of $100.71 per share, with a total value of $100,710.00. Following the transaction, the director directly owned 18,717 shares of the company’s stock, valued at approximately $1,884,989.07. The trade was a 5.64% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of AGCO stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $115.33, for a total transaction of $56,790,567.94. Following the completion of the sale, the insider directly owned 3,017,565 shares in the company, valued at $348,015,771.45. This trade represents a 14.03% decrease in their position. The SEC filing for this sale provides additional information. 0.62% of the stock is owned by insiders.

AGCO News Summary

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: Zacks Research raised its AGCO EPS forecasts for fiscal 2027 to $6.81 from $6.74, fourth-quarter 2027 to $2.37 from $2.35, first-quarter 2028 to $1.96 from $1.94, and fiscal 2028 to $9.05 from $8.92. These revisions suggest improved longer-term earnings expectations, although the firm retained a “Strong Sell” rating.
• Neutral Sentiment: AGCO will participate in Citi’s Global TMT Conference on September 9 and the Jefferies Global Industrials Conference on September 10. The events could provide updates on agricultural-equipment demand, cost savings and outlook, but no new financial targets were announced. AGCO to Present at Citi’s 2026 Global TMT Conference AGCO to Present at the 2026 Jefferies Global Industrials Conference
• Neutral Sentiment: Brokerages give AGCO an average “Hold” recommendation, indicating limited conviction among analysts and potentially capping near-term upside.
• Neutral Sentiment: Two other articles concern unrelated gaming businesses. A $100,000 penalty issued by Ontario’s gaming regulator—also abbreviated AGCO—is not related to AGCO Corporation, and International Entertainment’s PAGCOR-licensed online gaming platform has no apparent connection to the farm-equipment manufacturer. AGCO issues $100,000 monetary penalty to NorthStar Gaming International Entertainment Details Rollout of New PAGCOR-Licensed Online Gaming Platform
• Negative Sentiment: Zacks cut its fiscal 2026 EPS estimate to $5.52 from $5.55, third-quarter 2026 to $0.87 from $0.93, first-quarter 2027 to $1.19 from $1.20, and second-quarter 2027 to $1.64 from $1.77. The reductions reinforce concerns about weaker near-term operating performance and contrast with the current-year consensus estimate of roughly $5.54.

Analyst Ratings Changes

Several equities analysts have weighed in on AGCO shares. Wall Street Zen cut AGCO from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. JPMorgan Chase & Co. lowered their target price on shares of AGCO from $143.00 to $130.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Oppenheimer dropped their price target on shares of AGCO from $134.00 to $127.00 and set an “outperform” rating on the stock in a research report on Friday, July 31st. Citigroup cut their price target 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, Wells Fargo & Company reduced their price objective on shares of AGCO from $132.00 to $117.00 and set an “equal weight” rating for the company in a research report on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $120.33.

AGCO Stock Up 0.0%

Shares of NYSE:AGCO opened at $113.44 on Monday. AGCO Corporation has a 1 year low of $98.22 and a 1 year high of $143.78. The company has a market capitalization of $7.94 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 0.94 and a beta of 1.08. The business has a fifty day moving average price of $111.07 and a two-hundred day moving average price of $116.94. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 0.58.

AGCO (NYSE:AGCO) last issued its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.43 earnings per share for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.03). The company had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.75 billion. AGCO had a return on equity of 10.09% and a net margin of 5.15%.AGCO’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period last year, the firm posted $1.35 earnings per share. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. Analysts forecast that AGCO Corporation will post 5.54 earnings per share for the current year.

AGCO Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be given a $0.30 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.20 annualized dividend and a yield of 1.1%. AGCO’s payout ratio is currently 16.60%.

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.