AGCO Corporation (NYSE:AGCO – Get Free Report) has been given an average recommendation of “Hold” by the fourteen ratings firms that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $122.1667.
A number of equities research analysts have recently commented on the company. Oppenheimer dropped their target price on AGCO from $134.00 to $127.00 and set an “outperform” rating on the stock in a research report on Friday, July 31st. UBS Group lowered their price target on AGCO from $123.00 to $114.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 4th. Morgan Stanley dropped their price objective on AGCO from $110.00 to $99.00 and set an “underweight” rating on the stock in a report on Tuesday, August 4th. Sanford C. Bernstein restated a “market perform” rating and issued a $108.00 price objective on shares of AGCO in a research report on Friday, July 31st. Finally, Wall Street Zen lowered shares of AGCO from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st.
Check Out Our Latest Stock Analysis on AGCO
Insider Buying and Selling
Hedge Funds Weigh In On AGCO
Several large investors have recently made changes to their positions in AGCO. GAMMA Investing LLC grew its position in AGCO by 5.0% in the 2nd quarter. GAMMA Investing LLC now owns 1,963 shares of the industrial products company’s stock valued at $235,000 after acquiring an additional 94 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of AGCO by 16.8% in the fourth quarter. UMB Bank n.a. now owns 759 shares of the industrial products company’s stock valued at $79,000 after purchasing an additional 109 shares in the last quarter. Gateway Investment Advisers LLC increased its holdings in AGCO by 6.1% during the 4th quarter. Gateway Investment Advisers LLC now owns 2,367 shares of the industrial products company’s stock worth $247,000 after purchasing an additional 137 shares during the period. EverSource Wealth Advisors LLC increased its holdings in AGCO by 36.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 521 shares of the industrial products company’s stock worth $60,000 after purchasing an additional 138 shares during the period. Finally, Jones Financial Companies Lllp raised its position in AGCO by 29.7% in the 1st quarter. Jones Financial Companies Lllp now owns 650 shares of the industrial products company’s stock valued at $61,000 after purchasing an additional 149 shares in the last quarter. 78.80% of the stock is currently owned by institutional investors and hedge funds.
AGCO Trading Up 3.2%
AGCO opened at $122.14 on Friday. The firm has a market cap of $8.55 billion, a price-to-earnings ratio of 16.89, a PEG ratio of 0.98 and a beta of 1.10. The company has a current ratio of 1.32, a quick ratio of 0.58 and a debt-to-equity ratio of 0.53. AGCO has a 12 month low of $98.22 and a 12 month high of $143.78. The stock has a fifty day moving average price of $111.37 and a 200-day moving average price of $116.70.
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 (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 net margin of 5.15% and a return on equity of 10.09%. AGCO’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.35 EPS. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. As a group, equities research analysts anticipate that AGCO will post 5.54 earnings per share for the current fiscal year.
AGCO Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors 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 dividend on an annualized basis and a yield of 1.0%. AGCO’s payout ratio is presently 16.60%.
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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