AGCO Corporation (NYSE:AGCO) Receives $122.73 Consensus PT from Analysts

Shares of AGCO Corporation (NYSE:AGCO) have earned a consensus recommendation of “Hold” from the twelve analysts that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $122.7273.

AGCO has been the topic of several research analyst reports. Wells Fargo & Company set a $132.00 price objective on AGCO in a report on Monday, February 9th. Oppenheimer increased their target price on AGCO from $128.00 to $132.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Barclays lifted their price target on shares of AGCO from $93.00 to $105.00 and gave the company an “underweight” rating in a research note on Friday, February 6th. Weiss Ratings lowered shares of AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 30th. Finally, Truist Financial upped their price objective on shares of AGCO from $134.00 to $152.00 and gave the stock a “buy” rating in a research report on Monday, February 9th.

AGCO Trading Down 0.1%

Shares of AGCO stock opened at $114.44 on Tuesday. The firm has a 50-day simple moving average of $124.29 and a two-hundred day simple moving average of $113.32. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.67 and a current ratio of 1.39. AGCO has a fifty-two week low of $73.79 and a fifty-two week high of $143.78. The company has a market cap of $8.29 billion, a P/E ratio of 11.74, a price-to-earnings-growth ratio of 0.81 and a beta of 1.16.

AGCO (NYSE:AGCO) last posted its earnings results on Thursday, February 5th. The industrial products company reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.32. The firm had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.67 billion. AGCO had a return on equity of 9.39% and a net margin of 7.21%.The company’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period last year, the firm earned $1.97 EPS. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS. As a group, equities analysts predict that AGCO will post 4.2 earnings per share for the current fiscal year.

AGCO Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 13th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.0%. AGCO’s payout ratio is currently 11.90%.

Insiders Place Their Bets

In related news, SVP Kelvin Eugene Bennett sold 2,300 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $137.04, for a total value of $315,192.00. Following the transaction, the senior vice president directly owned 16,844 shares of the company’s stock, valued at approximately $2,308,301.76. This trade represents a 12.01% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.62% of the company’s stock.

Hedge Funds Weigh In On AGCO

Hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of AGCO by 46.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,958 shares of the industrial products company’s stock worth $459,000 after acquiring an additional 1,567 shares during the last quarter. Jones Financial Companies Lllp raised its stake 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 during the last quarter. Goldman Sachs Group Inc. lifted its holdings in AGCO by 39.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 215,242 shares of the industrial products company’s stock valued at $19,925,000 after purchasing an additional 61,009 shares in the last quarter. Empowered Funds LLC lifted its holdings in AGCO by 3.1% in the 1st quarter. Empowered Funds LLC now owns 5,876 shares of the industrial products company’s stock valued at $544,000 after purchasing an additional 176 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake in AGCO by 109.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 364 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 190 shares during the last quarter. Institutional investors and hedge funds own 78.80% of the company’s stock.

AGCO Company Profile

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.