Landscape Capital Management L.L.C. acquired a new stake in shares of AGCO Corporation (NYSE:AGCO – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,022 shares of the industrial products company’s stock, valued at approximately $2,636,000.
Other institutional investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in AGCO by 46.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,958 shares of the industrial products company’s stock valued at $459,000 after purchasing an additional 1,567 shares during the period. Jones Financial Companies Lllp lifted its holdings in AGCO by 29.7% in the 1st quarter. Jones Financial Companies Lllp now owns 650 shares of the industrial products company’s stock worth $61,000 after buying an additional 149 shares during the period. Goldman Sachs Group Inc. lifted its holdings in AGCO by 39.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 215,242 shares of the industrial products company’s stock worth $19,925,000 after buying an additional 61,009 shares during the period. Empowered Funds LLC lifted its holdings in AGCO by 3.1% in the 1st quarter. Empowered Funds LLC now owns 5,876 shares of the industrial products company’s stock worth $544,000 after buying an additional 176 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in shares of AGCO by 109.2% in the 1st 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 last quarter. 78.80% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other news, Director Lange Bob De acquired 1,000 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was acquired at an average price of $100.71 per share, for a total transaction of $100,710.00. Following the completion of the acquisition, the director owned 18,717 shares in the company, valued at $1,884,989.07. This trade represents a 5.64% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $115.33, for a total value of $56,790,567.94. Following the transaction, the insider directly owned 3,017,565 shares of the company’s stock, valued at $348,015,771.45. This represents a 14.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.62% of the stock is currently owned by corporate insiders.
AGCO Stock Performance
AGCO (NYSE:AGCO – Get Free Report) last posted its 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). AGCO had a return on equity of 10.09% and a net margin of 5.15%.The firm had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.75 billion. During the same quarter last year, the company posted $1.35 EPS. The firm’s revenue was down 1.0% on a year-over-year basis. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. As a group, analysts expect that AGCO Corporation will post 5.55 earnings per share for the current fiscal year.
AGCO Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, August 14th. AGCO’s dividend payout ratio is presently 16.60%.
More AGCO News
Here are the key news stories impacting AGCO this week:
- Positive Sentiment: Zacks Research raised its Q4 2026 EPS estimate to $2.24 from $2.21, suggesting somewhat better near-term earnings expectations. However, the full-year consensus remains $5.55 per share. MarketBeat AGCO estimates
- Positive Sentiment: AGCO is bringing Fendt and Massey Ferguson equipment to the “American Farming 2” mobile game. The partnership could expand consumer awareness of its brands and equipment, although the direct financial impact is likely limited initially. AGCO American Farming 2 partnership
- Neutral Sentiment: AGCO reported approximately $2.6 billion in quarterly net sales. Recent results showed revenue slightly below expectations and down about 1% year over year, indicating continued pressure in agricultural-equipment demand. AGCO quarterly net sales
- Neutral Sentiment: Two reports about a $70,000 fine concern the Alcohol and Gaming Commission of Ontario, commonly abbreviated AGCO, penalizing gaming supplier Booming Games. They do not involve AGCO Corporation and should not affect the agricultural-equipment company’s fundamentals. Ontario gaming regulator penalty
- Negative Sentiment: Zacks Research cut its 2027 EPS forecasts for AGCO’s first quarter to $1.20 from $1.35, third quarter to $1.42 from $1.64, and fourth quarter to $2.35 from $2.53. The broad reductions point to weaker expected profitability and are the clearest pressure on the stock’s outlook.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. Oppenheimer reduced their target price on AGCO from $134.00 to $127.00 and set an “outperform” rating on the stock in a research note on Friday, July 31st. Truist Financial reaffirmed a “buy” rating and issued a $135.00 price target (down from $159.00) on shares of AGCO in a research note on Friday, July 31st. DA Davidson set a $151.00 price target on shares of AGCO in a report on Friday, July 31st. Weiss Ratings cut shares of AGCO from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 31st. Finally, Morgan Stanley reduced their price objective on shares of AGCO from $110.00 to $99.00 and set an “underweight” rating on the stock in a research report on Tuesday, August 4th. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, AGCO currently has a consensus rating of “Hold” and an average target price of $120.33.
Read Our Latest Analysis on AGCO
AGCO Profile
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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