Kelvin Eugene Bennett Sells 1,000 Shares of AGCO (NYSE:AGCO) Stock

AGCO Corporation (NYSE:AGCOGet Free Report) SVP Kelvin Bennett sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $132.89, for a total transaction of $132,890.00. Following the completion of the transaction, the senior vice president directly owned 14,047 shares of the company’s stock, valued at approximately $1,866,705.83. This represents a 6.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

AGCO Stock Performance

AGCO stock opened at $126.97 on Thursday. AGCO Corporation has a fifty-two week low of $98.22 and a fifty-two week high of $143.78. 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 stock has a market cap of $8.89 billion, a P/E ratio of 17.56, a price-to-earnings-growth ratio of 1.06 and a beta of 1.10. The firm’s fifty day moving average price is $112.72 and its 200-day moving average price is $116.28.

AGCO (NYSE:AGCOGet Free Report) last announced its earnings results on Thursday, July 30th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, missing the consensus estimate 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%.The firm’s revenue was down 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.35 earnings per share. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. On average, equities research analysts expect that AGCO Corporation will post 5.54 earnings per share for the current fiscal year.

AGCO Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, August 14th. This represents a $1.20 annualized dividend and a dividend yield of 0.9%. AGCO’s dividend payout ratio is 16.60%.

Institutional Investors Weigh In On AGCO

Several institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. bought a new stake in AGCO in the second quarter valued at approximately $29,000. EverSource Wealth Advisors LLC grew its holdings in shares of AGCO by 951.9% in the second quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 257 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of AGCO in the third quarter worth approximately $33,000. Geneos Wealth Management Inc. increased its stake in shares of AGCO by 109.2% in the first quarter. Geneos Wealth Management Inc. now owns 364 shares of the industrial products company’s stock worth $34,000 after buying an additional 190 shares during the period. Finally, Elevation Wealth Partners LLC increased its stake in shares of 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 buying an additional 232 shares during the period. 78.80% of the stock is currently owned by hedge funds and other institutional investors.

AGCO News Roundup

Here are the key news stories impacting AGCO this week:

  • Positive Sentiment: AGCO Power plans to showcase purpose-built diesel engines for forestry and other demanding off-road applications at INTERFORST 2026. The announcement may improve visibility for AGCO’s specialized engine business, although it is unlikely to materially affect near-term earnings. AGCO Power forestry engine announcement
  • Positive Sentiment: AGCO’s previously announced quarterly dividend of $0.30 per share remains a modest support for the stock, with a roughly 0.9% yield and a reported payout ratio of 16.6%.
  • Neutral Sentiment: CEO Eric Hansotia discussed tariff impacts on the agricultural industry in a CNBC interview, potentially offering investors insight into costs, pricing and demand. No specific change to earnings guidance was reported. CNBC interview with AGCO CEO
  • Neutral Sentiment: AGCO presented at Citi’s 2026 Global TMT Conference. The event could provide additional management commentary, but the available report does not identify a material change to the company’s outlook. AGCO Citi conference transcript
  • Negative Sentiment: Zacks Research added AGCO to its Rank #5 “Strong Sell” list and reduced its Q2 2027 EPS estimate to $1.62 from $1.64 and its Q2 2028 estimate to $2.52 from $2.53. The downgrade reinforces concerns about earnings momentum.
  • Negative Sentiment: CEO Eric Hansotia sold 2,604 shares worth about $337,869, while SVP Kelvin Bennett sold 1,000 shares for approximately $132,890. The transactions are small relative to their remaining holdings, but multiple insider sales can weigh on investor sentiment.
  • Negative Sentiment: AGCO’s latest reported quarter missed consensus estimates for both EPS and revenue, with sales declining 1% year over year. The analyst consensus remains “Hold,” with an average price target of $122.17, below the stock’s recent trading level.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. UBS Group dropped their target price on AGCO from $123.00 to $114.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. Citigroup decreased their price target on shares of AGCO from $125.00 to $115.00 and set a “neutral” rating on the stock in a research note on Monday, August 3rd. Weiss Ratings lowered shares of AGCO from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 31st. Morgan Stanley cut their price objective on shares of AGCO from $110.00 to $99.00 and set an “underweight” rating for the company in a research note on Tuesday, August 4th. Finally, Zacks Research lowered shares of AGCO from a “hold” rating to a “strong sell” rating in a report on Friday, August 21st. Five 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. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $122.17.

View Our Latest Research Report on AGCO

AGCO Company Profile

(Get 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.

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