AGCO Corporation $AGCO Shares Bought by Lazard Asset Management LLC

Posted by Geri Gentry on Aug 2nd, 2026

Lazard Asset Management LLC increased its position in AGCO Corporation (NYSE:AGCO – Free Report) by 138.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,729 shares of the industrial products company’s stock after acquiring an additional 13,182 shares during the period. Lazard Asset Management LLC’s holdings in AGCO were worth $2,634,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of AGCO. EverSource Wealth Advisors LLC boosted its stake in AGCO by 951.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 257 shares during the period. Advisory Services Network LLC acquired a new stake in shares of AGCO in the third quarter valued at approximately $33,000. Torren Management LLC acquired a new stake in shares of AGCO in the fourth quarter valued at approximately $35,000. Geneos Wealth Management Inc. raised its holdings 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 valued at $34,000 after buying an additional 190 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC bought a new stake in shares of AGCO during the fourth quarter valued at approximately $42,000. 78.80% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other AGCO news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 3,149,820 shares of the company’s stock, valued at approximately $388,309,809.60. This represents a 11.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.62% of the company’s stock.

Key Stories Impacting AGCO

Here are the key news stories impacting AGCO this week:

Positive Sentiment: Truist Financial reaffirmed its Buy rating, while maintaining a $135 price target. Although the target was reduced from $159, it still indicates substantial potential upside from recent levels. Benzinga analyst rating report
Positive Sentiment: Zacks Research made modest upward revisions to several longer-term earnings estimates, including FY2026 EPS to $5.95 from $5.91, Q1 2028 EPS to $2.00 from $1.98, and FY2028 EPS to $9.19 from $9.16. These revisions suggest some confidence in an eventual earnings recovery. MarketBeat AGCO estimates
Neutral Sentiment: Wells Fargo lowered its price target to $117 from $132 and adopted an Equal Weight rating. The revised target remains above the recent trading level, but the downgrade reflects more limited confidence in near-term outperformance. Benzinga Wells Fargo report
Negative Sentiment: AGCO’s second-quarter adjusted EPS was $1.43, below the $1.48 consensus estimate, while revenue of $2.61 billion missed expectations of approximately $2.74 billion. Sales fell 1% year over year, highlighting softer operating conditions. AGCO second-quarter results
Negative Sentiment: Management cut 2026 adjusted EPS guidance to approximately $5.50–$5.75, below the roughly $5.99 consensus, and reduced revenue guidance to $10.1–$10.2 billion versus expectations near $10.6 billion. The company cited weaker farm demand, margin pressure and tariff costs. AGCO outlook report
Negative Sentiment: Zacks reduced its FY2027 EPS estimate to $7.63 from $7.97 and lowered several 2027 quarterly forecasts, reinforcing concerns that the agricultural-equipment downturn could persist beyond 2026. Zacks AGCO earnings report

Analysts Set New Price Targets

A number of brokerages recently issued reports on AGCO. Oppenheimer decreased their price objective on AGCO from $134.00 to $127.00 and set an “outperform” rating for the company in a report on Friday. Sanford C. Bernstein reiterated a “market perform” rating and set a $108.00 price target on shares of AGCO in a research report on Friday. Wall Street Zen cut AGCO from a “buy” rating to a “hold” rating in a research note on Saturday. Wells Fargo & Company lowered their price target on AGCO from $132.00 to $117.00 and set an “equal weight” rating on the stock in a report on Friday. Finally, Truist Financial restated a “buy” rating and set a $135.00 price objective (down from $159.00) on shares of AGCO in a research note on Friday. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $123.25.

Get Our Latest Report on AGCO

AGCO Trading Down 4.4%

AGCO stock opened at $102.40 on Friday. AGCO Corporation has a 12-month low of $99.21 and a 12-month high of $143.78. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 0.57. The stock has a market capitalization of $7.41 billion, a PE ratio of 14.16, a price-to-earnings-growth ratio of 0.76 and a beta of 1.07. The firm has a 50 day simple moving average of $114.93 and a 200-day simple moving average of $118.53.

AGCO (NYSE:AGCO – Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.75 billion. AGCO had a return on equity of 10.09% and a net margin of 5.15%.The firm’s quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.35 EPS. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. As a group, equities research analysts expect that AGCO Corporation will post 5.63 EPS for the current fiscal year.

AGCO Dividend Announcement

The firm also recently declared 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 is Friday, August 14th. This represents a $1.20 annualized dividend and a yield of 1.2%. AGCO’s payout ratio is 11.57%.

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.