AGCO (NYSE:AGCO – Get Free Report)‘s stock had its “buy” rating reiterated by equities researchers at DA Davidson in a note issued to investors on Thursday, Benzinga reports. They currently have a $151.00 price target on the industrial products company’s stock. DA Davidson’s price objective would suggest a potential upside of 39.12% from the company’s previous close.
Several other analysts have also issued reports on AGCO. Wall Street Zen lowered shares of AGCO from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. JPMorgan Chase & Co. reduced their price target on shares of AGCO from $143.00 to $130.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. 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, July 31st. Truist Financial raised their target price on shares of AGCO from $135.00 to $146.00 and gave the company a “buy” rating in a research report on Monday. Finally, Weiss Ratings upgraded shares of AGCO from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, September 28th. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, AGCO has a consensus rating of “Hold” and a consensus price target of $123.08.
Check Out Our Latest Research Report on AGCO
AGCO Stock Performance
AGCO (NYSE:AGCO – Get Free Report) last announced its earnings results on Thursday, July 30th. The industrial products company reported $1.43 EPS for the quarter, missing the consensus estimate of $1.46 by ($0.03). AGCO had a return on equity of 10.09% and a net margin of 5.15%.The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.75 billion. During the same period in the prior year, the business posted $1.35 earnings per share. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. On average, equities research analysts expect that AGCO will post 5.55 EPS for the current year.
Insider Activity
In other news, SVP Ivory Harris sold 1,600 shares of the company’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $125.30, for a total transaction of $200,480.00. Following the transaction, the senior vice president owned 14,454 shares in the company, valued at approximately $1,811,086.20. This represents a 9.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Kelvin Bennett sold 1,000 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $132.89, for a total transaction of $132,890.00. Following the transaction, the senior vice president owned 14,047 shares in the company, valued at $1,866,705.83. This represents a 6.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 497,622 shares of company stock valued at $57,461,807. Corporate insiders own 0.62% of the company’s stock.
Institutional Investors Weigh In On AGCO
Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in AGCO in the 2nd quarter worth about $701,908,000. Bank of America Corp DE grew its position in AGCO by 19.4% in the 1st quarter. Bank of America Corp DE now owns 543,955 shares of the industrial products company’s stock worth $63,028,000 after purchasing an additional 88,571 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in AGCO in the 2nd quarter worth about $64,273,000. Quantinno Capital Management LP grew its position in AGCO by 15.1% in the 1st quarter. Quantinno Capital Management LP now owns 492,234 shares of the industrial products company’s stock worth $57,035,000 after purchasing an additional 64,453 shares in the last quarter. Finally, Pacer Advisors Inc. grew its position in AGCO by 289.8% in the 4th quarter. Pacer Advisors Inc. now owns 274,814 shares of the industrial products company’s stock worth $28,669,000 after purchasing an additional 204,318 shares in the last quarter. 78.80% of the stock is owned by institutional investors.
AGCO News Summary
Here are the key news stories impacting AGCO this week:
- Positive Sentiment: DA Davidson reaffirmed its Buy rating and assigned a $151 price target, implying approximately 38% upside from the referenced share price. This is the strongest near-term bullish catalyst among the updates.
- Positive Sentiment: Zacks Research upgraded AGCO from Strong Sell to Hold, reducing a significant source of negative analyst sentiment. AGCO Stock Rating Upgraded by Zacks Research
- Positive Sentiment: Zacks modestly raised its Q4 2027 EPS estimate to $2.40 from $2.37 and its Q3 2028 estimate to $1.89 from $1.88. The revisions indicate slightly improved longer-term earnings expectations, although they are too small to materially change the near-term outlook.
- Neutral Sentiment: AGCO highlighted its transition toward precision agriculture and a more technology-driven growth strategy. Investors may view this as a potential long-term growth opportunity, but the available update does not provide new financial targets or specific results. AGCO Discusses Precision Agriculture and Technology-Driven Growth Strategy
- Neutral Sentiment: Despite the upgrade, Zacks continues to rate AGCO Hold, suggesting the firm sees limited immediate upside relative to risk. AGCO will report third-quarter 2026 results on October 29, making management commentary and guidance particularly important. AGCO Announces Third-Quarter 2026 Earnings Release and Conference Call
AGCO Company Profile
AGCO Corporation (NYSE: AGCO) is a global manufacturer and distributor of agricultural equipment and related solutions. The company serves farmers, agricultural contractors and dealers through a portfolio that includes tractors, combines, harvesting equipment, seeding and planting machinery, hay and forage equipment, crop protection products, replacement parts and precision-agriculture technologies.
AGCO’s principal brands include Fendt, Massey Ferguson, Valtra, Gleaner and PTx. Its precision-agriculture offerings are designed to help producers improve field productivity, equipment utilization and resource management through technologies such as guidance, connectivity, automation and data-based farm management.
Founded in 1990 through the acquisition of Deutz-Allis, AGCO expanded its international presence through subsequent acquisitions, including Massey Ferguson and Fendt.
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