Norges Bank Invests $78.20 Million in AGCO Corporation $AGCO

Posted by Geri Gentry on Jun 7th, 2026

Norges Bank acquired a new position in shares of AGCO Corporation (NYSE:AGCO – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 749,637 shares of the industrial products company’s stock, valued at approximately $78,202,000.

A number of other large investors have also modified their holdings of AGCO. EverSource Wealth Advisors LLC increased its position 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 worth $29,000 after acquiring an additional 257 shares during the period. Advisory Services Network LLC purchased a new stake in shares of AGCO during the third quarter worth $33,000. Geneos Wealth Management Inc. increased its position in shares of AGCO by 109.2% during the first quarter. Geneos Wealth Management Inc. now owns 364 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 190 shares during the period. Torren Management LLC purchased a new stake in shares of AGCO during the fourth quarter worth $35,000. Finally, Allworth Financial LP increased its position in shares of AGCO by 64.3% during the third quarter. Allworth Financial LP now owns 396 shares of the industrial products company’s stock worth $42,000 after acquiring an additional 155 shares during the period. Hedge funds and other institutional investors own 78.80% of the company’s stock.

AGCO Stock Performance

NYSE:AGCO opened at $116.43 on Friday. The firm has a market capitalization of $8.43 billion, a PE ratio of 11.23, a price-to-earnings-growth ratio of 0.78 and a beta of 1.08. The business’s fifty day moving average price is $116.53 and its 200 day moving average price is $116.10. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.29 and a quick ratio of 0.57. AGCO Corporation has a 12 month low of $98.60 and a 12 month high of $143.78.

AGCO (NYSE:AGCO – Get Free Report) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.44 by $0.50. AGCO had a return on equity of 9.99% and a net margin of 7.43%.The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the prior year, the company posted $0.41 earnings per share. AGCO’s revenue for the quarter was up 14.3% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS. On average, sell-side analysts anticipate that AGCO Corporation will post 5.99 earnings per share for the current fiscal year.

AGCO Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 15th will be paid a $0.30 dividend. This is a boost from AGCO’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, May 15th. AGCO’s payout ratio is currently 11.57%.

Insider Transactions at AGCO

In other AGCO news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $123.28, for a total value of $52,096,895.20. Following the completion of the transaction, the insider owned 3,149,820 shares in the company, valued at $388,309,809.60. This represents a 11.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.62% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

AGCO has been the topic of a number of recent research reports. Truist Financial upped their price objective on AGCO from $134.00 to $152.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. Wells Fargo & Company set a $132.00 target price on AGCO in a report on Monday, February 9th. Oppenheimer set a $134.00 target price on AGCO in a report on Wednesday, May 6th. Morgan Stanley reissued an “underweight” rating and issued a $108.00 target price on shares of AGCO in a report on Thursday, May 14th. Finally, Citigroup increased their target price on AGCO from $120.00 to $130.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, AGCO presently has a consensus rating of “Hold” and a consensus price target of $126.50.

Check Out Our Latest Analysis on AGCO

AGCO Company Profile

(Free Report)

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.