AGCO (NYSE:AGCO – Free Report) had its price objective lowered by Oppenheimer from $127.00 to $123.00 in a research report sent to investors on Thursday morning,Benzinga reports. The brokerage currently has an outperform rating on the industrial products company’s stock.
AGCO has been the subject of a number of other research reports. Barclays cut their price target on shares of AGCO from $105.00 to $97.00 and set an “underweight” rating for the company in a report on Monday, October 19th. Robert W. Baird upgraded shares of AGCO from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $120.00 to $150.00 in a report on Monday, August 31st. Truist Financial boosted their price objective on shares of AGCO from $135.00 to $146.00 and gave the company a “buy” rating in a report on Monday, October 5th. Citigroup cut their target price on AGCO from $125.00 to $115.00 and set a “neutral” rating for the company in a research note on Monday, August 3rd. Finally, UBS Group reduced their target price on shares of AGCO from $123.00 to $114.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th. Five investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $122.92.
Check Out Our Latest Analysis on AGCO
AGCO Stock Performance
NYSE AGCO opened at $106.43 on Thursday. 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 company has a market capitalization of $7.45 billion, a PE ratio of 14.72, a P/E/G ratio of 0.80 and a beta of 1.08. AGCO has a 1 year low of $98.22 and a 1 year high of $143.78. The company has a fifty day moving average of $114.20 and a two-hundred day moving average of $114.31.
AGCO (NYSE:AGCO – Get Free Report) last issued its earnings results on Thursday, July 30th. The industrial products company reported $1.43 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 firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.75 billion. During the same quarter in the previous year, the business posted $1.35 EPS. AGCO’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. As a group, analysts expect that AGCO will post 5.54 earnings per share for the current year.
AGCO Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 16th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Monday, November 16th. AGCO’s dividend payout ratio is currently 16.60%.
Insider Buying and Selling
In other news, CEO Eric P. Hansotia sold 2,604 shares of AGCO 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 transaction, the chief executive officer owned 326,939 shares in the company, valued at approximately $42,420,335.25. The trade was a 0.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lange De bought 1,000 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were acquired at an average cost of $100.71 per share, with a total value of $100,710.00. Following the completion of the transaction, the director owned 18,717 shares of the company’s stock, valued at $1,884,989.07. This represents a 5.64% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold 497,622 shares of company stock valued at $57,461,807 over the last ninety days. Insiders own 0.62% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the stock. Simplicity Wealth LLC lifted its stake in AGCO by 78.9% in the 3rd quarter. Simplicity Wealth LLC now owns 7,310 shares of the industrial products company’s stock valued at $835,000 after buying an additional 3,225 shares in the last quarter. Inspire Investing LLC grew its position in AGCO by 12.1% in the third quarter. Inspire Investing LLC now owns 16,679 shares of the industrial products company’s stock valued at $1,905,000 after acquiring an additional 1,806 shares during the period. Isthmus Partners LLC increased its holdings in AGCO by 4.4% during the 3rd quarter. Isthmus Partners LLC now owns 3,946 shares of the industrial products company’s stock worth $451,000 after purchasing an additional 168 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of AGCO during the third quarter worth $30,000. Finally, Reyes Financial Architecture Inc. acquired a new position in shares of AGCO in the third quarter worth approximately $25,000. Institutional investors own 78.80% of the company’s stock.
Key Stories Impacting AGCO
Here are the key news stories impacting AGCO this week:
- Positive Sentiment: AGCO is launching a pilot program with Agility Robotics to test the Digit humanoid robot at its Hesston, Kansas, facility. The robot is expected to perform repetitive factory-floor tasks, potentially improving productivity and positioning AGCO as an early adopter of industrial automation. Agility Robotics and AGCO Launch Pilot Program for Digit Humanoid Robots at Hesston Facility Humanoid robots head to the factory floor at AGCO
- Positive Sentiment: The board maintained AGCO’s regular quarterly dividend at $0.30 per share, payable December 15 to shareholders of record November 16. The $1.20 annualized payout provides continued income support and signals that management is preserving shareholder returns. AGCO Announces Quarterly Dividend
- Neutral Sentiment: Oppenheimer reduced its AGCO price target from $127 to $123 but retained an “outperform” rating. The lower target reflects more cautious expectations, while the rating still implies analysts see meaningful potential upside from recent trading levels. Oppenheimer lowers AGCO price target
- Negative Sentiment: Zacks expects AGCO’s upcoming third-quarter earnings to decline and says the company lacks the combination of factors typically associated with an earnings beat. This adds pressure ahead of results, particularly after the company’s latest quarter missed revenue and EPS expectations. Earnings Preview: AGCO Q3 Earnings Expected to Decline
About AGCO
AGCO Corporation (NYSE: AGCO) is a global manufacturer and distributor of agricultural equipment, technologies and related services. The company serves farmers, agricultural contractors and equipment dealers with products designed for planting, harvesting, crop protection, hay and forage production, and grain handling.
AGCO’s product portfolio includes tractors, combines, planters, seeding equipment, sprayers, hay and forage machinery, grain storage and handling systems, replacement parts, and precision agriculture solutions.
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