Royal London Asset Management Ltd. lessened its holdings in shares of AGCO Corporation (NYSE:AGCO – Free Report) by 17.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 988,533 shares of the industrial products company’s stock after selling 205,475 shares during the quarter. Royal London Asset Management Ltd.’s holdings in AGCO were worth $118,327,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. bought a new position in AGCO in the second quarter valued at approximately $29,000. EverSource Wealth Advisors LLC raised its holdings 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. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of AGCO during the second quarter worth $35,000. Elevation Wealth Partners LLC lifted its position in AGCO by 400.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 290 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 232 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new position in AGCO in the 2nd quarter worth $36,000. 78.80% of the stock is currently owned by institutional investors.
Key Stories Impacting AGCO
Here are the key news stories impacting AGCO this week:
- Positive Sentiment: Zacks Research raised its AGCO EPS forecasts for fiscal 2027 to $6.81 from $6.74, fourth-quarter 2027 to $2.37 from $2.35, first-quarter 2028 to $1.96 from $1.94, and fiscal 2028 to $9.05 from $8.92. These revisions suggest improved longer-term earnings expectations, although the firm retained a “Strong Sell” rating.
- Neutral Sentiment: AGCO will participate in Citi’s Global TMT Conference on September 9 and the Jefferies Global Industrials Conference on September 10. The events could provide updates on agricultural-equipment demand, cost savings and outlook, but no new financial targets were announced. AGCO to Present at Citi’s 2026 Global TMT Conference AGCO to Present at the 2026 Jefferies Global Industrials Conference
- Neutral Sentiment: Brokerages give AGCO an average “Hold” recommendation, indicating limited conviction among analysts and potentially capping near-term upside.
- Neutral Sentiment: Two other articles concern unrelated gaming businesses. A $100,000 penalty issued by Ontario’s gaming regulator—also abbreviated AGCO—is not related to AGCO Corporation, and International Entertainment’s PAGCOR-licensed online gaming platform has no apparent connection to the farm-equipment manufacturer. AGCO issues $100,000 monetary penalty to NorthStar Gaming International Entertainment Details Rollout of New PAGCOR-Licensed Online Gaming Platform
- Negative Sentiment: Zacks cut its fiscal 2026 EPS estimate to $5.52 from $5.55, third-quarter 2026 to $0.87 from $0.93, first-quarter 2027 to $1.19 from $1.20, and second-quarter 2027 to $1.64 from $1.77. The reductions reinforce concerns about weaker near-term operating performance and contrast with the current-year consensus estimate of roughly $5.54.
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on AGCO
AGCO Stock Performance
AGCO opened at $113.44 on Friday. The company has a quick ratio of 0.58, a current ratio of 1.32 and a debt-to-equity ratio of 0.53. AGCO Corporation has a 12-month low of $98.22 and a 12-month high of $143.78. The business has a 50 day moving average of $111.07 and a 200-day moving average of $117.05. The stock has a market cap of $7.94 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 0.92 and a beta of 1.08.
AGCO (NYSE:AGCO – Get Free Report) last announced its quarterly 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). AGCO had a net margin of 5.15% and a return on equity of 10.09%. The business had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.75 billion. During the same period in the prior year, the business earned $1.35 EPS. The company’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 Corporation will post 5.54 earnings per share for the current year.
AGCO Announces Dividend
The business 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. The ex-dividend date is Friday, August 14th. This represents a $1.20 dividend on an annualized basis and a yield of 1.1%. AGCO’s dividend payout ratio is 16.60%.
Insider Transactions at AGCO
In other AGCO news, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the stock in a transaction dated 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lange Bob De purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were purchased at an average cost of $100.71 per share, with a total value 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. The trade was a 5.64% increase in their position. The SEC filing for this purchase provides additional information. 0.62% of the stock is currently owned by corporate insiders.
About AGCO
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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