SG Americas Securities LLC Buys 150,371 Shares of AGCO Corporation $AGCO

SG Americas Securities LLC increased its stake in shares of AGCO Corporation (NYSE:AGCO) by 2,167.4% during the 4th quarter, Holdings Channel reports. The fund owned 157,309 shares of the industrial products company’s stock after acquiring an additional 150,371 shares during the period. SG Americas Securities LLC’s holdings in AGCO were worth $16,410,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of AGCO. Wealth Enhancement Advisory Services LLC boosted its position in shares of AGCO by 46.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,203 shares of the industrial products company’s stock worth $1,121,000 after purchasing an additional 3,221 shares in the last quarter. Sagespring Wealth Partners LLC acquired a new stake in shares of AGCO in the 4th quarter valued at about $204,000. Union Bancaire Privee UBP SA increased its position in AGCO by 1.7% in the 4th quarter. Union Bancaire Privee UBP SA now owns 8,694 shares of the industrial products company’s stock valued at $907,000 after buying an additional 146 shares in the last quarter. Davis Selected Advisers increased its position in AGCO by 0.5% in the 3rd quarter. Davis Selected Advisers now owns 1,812,922 shares of the industrial products company’s stock valued at $194,110,000 after buying an additional 8,358 shares in the last quarter. Finally, Allworth Financial LP raised its stake in AGCO by 64.3% during the 3rd quarter. Allworth Financial LP now owns 396 shares of the industrial products company’s stock worth $42,000 after buying an additional 155 shares during the period. 78.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Kelvin Eugene Bennett sold 2,300 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $137.04, for a total value of $315,192.00. Following the completion of the sale, the senior vice president owned 16,844 shares in the company, valued at $2,308,301.76. This represents a 12.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.62% of the stock is currently owned by insiders.

AGCO Stock Performance

Shares of AGCO stock opened at $113.49 on Friday. AGCO Corporation has a 52 week low of $73.79 and a 52 week high of $143.78. The company has a quick ratio of 0.67, a current ratio of 1.39 and a debt-to-equity ratio of 0.54. The business has a 50 day moving average price of $124.05 and a 200-day moving average price of $113.08. The company has a market cap of $8.22 billion, a PE ratio of 11.64, a price-to-earnings-growth ratio of 0.82 and a beta of 1.13.

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

AGCO Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on AGCO shares. Robert W. Baird set a $128.00 price target on AGCO in a report on Friday, February 6th. UBS Group reaffirmed a “neutral” rating and set a $127.00 target price on shares of AGCO in a research report on Friday, February 6th. BMO Capital Markets increased their target price on AGCO from $110.00 to $115.00 and gave the stock a “market perform” rating in a report on Friday, February 6th. Citigroup lifted their price target on shares of AGCO from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Finally, Barclays boosted 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. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, AGCO has a consensus rating of “Hold” and an average price target of $122.73.

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.