AGCO Corporation (NYSE:AGCO – Free Report) – Investment analysts at Zacks Research upped their Q4 2027 earnings per share estimates for shares of AGCO in a report issued on Wednesday, October 7th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $2.40 for the quarter, up from their previous estimate of $2.37. Zacks Research has a “Hold” rating on the stock. The consensus estimate for AGCO’s current full-year earnings is $5.55 per share. Zacks Research also issued estimates for AGCO’s Q3 2028 earnings at $1.89 EPS.
Several other analysts have also commented on the stock. Oppenheimer reissued an “outperform” rating on shares of AGCO in a research report on Thursday. Truist Financial lifted their price objective on shares of AGCO from $135.00 to $146.00 and gave the stock a “buy” rating in a research report on Monday. JPMorgan Chase & Co. reduced their price objective on shares of AGCO from $143.00 to $130.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. UBS Group decreased their target price on shares of AGCO from $123.00 to $114.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. Finally, Weiss Ratings upgraded shares of AGCO from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, September 28th. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $123.08.
AGCO Price Performance
AGCO opened at $109.22 on Thursday. The business’s 50-day moving average is $113.56 and its two-hundred day moving average is $115.09. AGCO has a 1 year low of $98.22 and a 1 year high of $143.78. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 0.58. The firm has a market capitalization of $7.65 billion, a PE ratio of 15.11, a price-to-earnings-growth ratio of 0.88 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 analysts’ consensus estimates of $1.46 by ($0.03). AGCO had a net margin of 5.15% and a return on equity of 10.09%. The company had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.75 billion. During the same quarter in the prior year, the business posted $1.35 earnings per share. The company’s revenue was down 1.0% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS.
Institutional Trading of AGCO
Several large investors have recently bought and sold shares of AGCO. Northwestern Mutual Wealth Management Co. purchased a new position in shares of AGCO in the second quarter worth $29,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of AGCO during the second quarter valued at $35,000. Elevation Wealth Partners LLC grew its holdings in shares of AGCO by 400.0% during the second quarter. Elevation Wealth Partners LLC now owns 290 shares of the industrial products company’s stock valued at $35,000 after buying an additional 232 shares during the last quarter. Trust Co. of Vermont acquired a new position in shares of AGCO in the 2nd quarter valued at $36,000. Finally, Allworth Financial LP acquired a new position in shares of AGCO in the 2nd quarter valued at $44,000. Hedge funds and other institutional investors own 78.80% of the company’s stock.
Insiders Place Their Bets
In related news, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 3,017,565 shares of the company’s stock, valued at $348,015,771.45. This trade represents a 14.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Eric P. Hansotia sold 2,604 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $129.75, for a total transaction of $337,869.00. Following the completion of the transaction, the chief executive officer directly owned 326,939 shares of the company’s stock, valued at $42,420,335.25. The trade was a 0.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 497,622 shares of company stock valued at $57,461,807. 0.62% of the stock is currently owned by corporate insiders.
About AGCO
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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