AGCO (NYSE:AGCO) Price Target Lowered to $130.00 at JPMorgan Chase & Co.

AGCO (NYSE:AGCO) had its target price lowered by investment analysts at JPMorgan Chase & Co. from $143.00 to $130.00 in a report issued on Monday,Benzinga reports. The firm currently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 14.06% from the stock’s current price.

Several other equities analysts also recently weighed in on the company. Truist Financial raised their target price on AGCO from $152.00 to $159.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. UBS Group reissued a “neutral” rating and issued a $123.00 price objective on shares of AGCO in a research note on Sunday, May 10th. Oppenheimer set a $134.00 price objective on AGCO in a report on Wednesday, May 6th. Weiss Ratings lowered shares of AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 27th. Finally, DA Davidson initiated coverage on shares of AGCO in a research report on Friday. They issued a “buy” rating and a $160.00 target price for the company. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, AGCO currently has an average rating of “Hold” and an average target price of $129.45.

AGCO Price Performance

Shares of AGCO stock traded down $0.34 on Monday, reaching $113.98. 206,649 shares of the company were exchanged, compared to its average volume of 751,743. The company has a market cap of $8.25 billion, a price-to-earnings ratio of 11.00, a P/E/G ratio of 0.76 and a beta of 1.07. The business has a 50-day moving average price of $115.23 and a 200 day moving average price of $117.75. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.57 and a current ratio of 1.29. AGCO has a 1 year low of $99.21 and a 1 year high of $143.78.

AGCO (NYSE:AGCO) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.50. AGCO had a net margin of 7.43% and a return on equity of 9.99%. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period last year, the company posted $0.41 EPS. AGCO’s quarterly revenue was up 14.3% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS. Equities research analysts forecast that AGCO will post 6.04 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other AGCO news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of AGCO stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $123.28, for a total value of $52,096,895.20. Following the completion of the transaction, the insider directly owned 3,149,820 shares of the company’s stock, valued at $388,309,809.60. The trade was a 11.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.62% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its holdings in shares of AGCO by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,535,740 shares of the industrial products company’s stock valued at $368,849,000 after purchasing an additional 73,880 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in AGCO by 3.5% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,939,113 shares of the industrial products company’s stock valued at $306,608,000 after buying an additional 98,988 shares during the period. Capital World Investors boosted its position in AGCO by 309.0% in the 4th quarter. Capital World Investors now owns 2,403,349 shares of the industrial products company’s stock valued at $250,717,000 after buying an additional 1,815,741 shares during the period. Invesco Ltd. grew its stake in shares of AGCO by 15.1% in the fourth quarter. Invesco Ltd. now owns 2,401,288 shares of the industrial products company’s stock worth $250,502,000 after acquiring an additional 314,355 shares in the last quarter. Finally, Davis Selected Advisers increased its position in shares of AGCO by 13.0% during the fourth quarter. Davis Selected Advisers now owns 2,048,835 shares of the industrial products company’s stock worth $213,736,000 after acquiring an additional 235,913 shares during the period. Hedge funds and other institutional investors own 78.80% of the company’s stock.

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.