AGCO (NYSE:AGCO – Get Free Report)‘s stock had its “buy” rating reiterated by research analysts at DA Davidson in a research report issued to clients and investors on Thursday, Benzinga reports. They presently have a $151.00 price target on the industrial products company’s stock. DA Davidson’s price objective points to a potential upside of 39.31% from the stock’s previous close.
Several other equities analysts have also recently weighed in on the stock. Oppenheimer reiterated an “outperform” rating on shares of AGCO in a research report on Thursday. Truist Financial lifted their target price on shares of AGCO from $135.00 to $146.00 and gave the company a “buy” rating in a research note on Monday. Weiss Ratings raised shares of AGCO from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, September 28th. Wells Fargo & Company decreased their target price on shares of AGCO from $132.00 to $117.00 and set an “equal weight” rating for the company in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. decreased their target price 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. Five equities research 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 price target of $123.08.
AGCO Price Performance
AGCO (NYSE:AGCO – Get Free Report) last posted 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 return on equity of 10.09% and a net margin of 5.15%.The business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.75 billion. During the same quarter last year, the firm posted $1.35 EPS. The company’s quarterly 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. Research analysts forecast that AGCO will post 5.55 earnings per share for the current year.
Insider Activity
In other AGCO news, CEO Eric P. Hansotia sold 2,604 shares of the business’s stock in a transaction 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 owned 326,939 shares of the company’s stock, valued at $42,420,335.25. The trade was a 0.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lange De bought 1,000 shares of the business’s stock in a transaction 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 transaction, the director owned 18,717 shares in the company, valued at approximately $1,884,989.07. The trade was a 5.64% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have sold 497,622 shares of company stock worth $57,461,807. Insiders own 0.62% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in AGCO. The Manufacturers Life Insurance Company increased its stake in AGCO by 27.0% in the first quarter. The Manufacturers Life Insurance Company now owns 126,234 shares of the industrial products company’s stock valued at $14,626,000 after purchasing an additional 26,862 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in AGCO in the second quarter valued at approximately $1,239,000. Corient Private Wealth LP increased its stake in AGCO by 21.5% in the second quarter. Corient Private Wealth LP now owns 99,102 shares of the industrial products company’s stock valued at $11,863,000 after purchasing an additional 17,562 shares in the last quarter. Bank of America Corp DE increased its stake in AGCO by 19.4% in the first quarter. Bank of America Corp DE now owns 543,955 shares of the industrial products company’s stock valued at $63,028,000 after purchasing an additional 88,571 shares in the last quarter. Finally, BlackRock Inc. bought a new stake in AGCO in the second quarter valued at approximately $701,908,000. Institutional investors own 78.80% of the company’s stock.
Key AGCO News
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
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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