The Manufacturers Life Insurance Company Buys 26,862 Shares of AGCO Corporation $AGCO

The Manufacturers Life Insurance Company boosted its stake in AGCO Corporation (NYSE:AGCO) by 27.0% during the first quarter, HoldingsChannel reports. The firm owned 126,234 shares of the industrial products company’s stock after buying an additional 26,862 shares during the period. The Manufacturers Life Insurance Company’s holdings in AGCO were worth $14,626,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its stake in AGCO by 951.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company’s stock worth $29,000 after buying an additional 257 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of AGCO during the 3rd quarter valued at $33,000. Geneos Wealth Management Inc. raised its position in shares of AGCO by 109.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 364 shares of the industrial products company’s stock valued at $34,000 after buying an additional 190 shares in the last quarter. Torren Management LLC bought a new stake in shares of AGCO during the 4th quarter worth $35,000. Finally, Commonwealth Retirement Investments LLC bought a new stake in shares of AGCO during the 4th quarter worth $42,000. 78.80% of the stock is currently owned by institutional investors.

AGCO Price Performance

AGCO stock opened at $102.40 on Monday. The firm has a market cap of $7.41 billion, a P/E ratio of 14.16, a P/E/G ratio of 0.84 and a beta of 1.07. The firm’s fifty day moving average is $114.93 and its 200 day moving average is $118.58. AGCO Corporation has a 52 week low of $99.21 and a 52 week high of $143.78. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.58 and a current ratio of 1.32.

AGCO (NYSE:AGCO) 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 company had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.75 billion. During the same quarter in the previous year, the business earned $1.35 earnings per share. 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. Research analysts predict that AGCO Corporation will post 5.63 earnings per share for the current year.

AGCO Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, August 14th. AGCO’s dividend payout ratio is currently 16.60%.

Analysts Set New Price Targets

A number of research firms recently commented on AGCO. Wall Street Zen cut AGCO from a “buy” rating to a “hold” rating in a research note on Saturday. Truist Financial reaffirmed a “buy” rating and set a $135.00 price target (down from $159.00) on shares of AGCO in a research note on Friday. DA Davidson set a $151.00 price objective on AGCO in a report on Friday. Oppenheimer cut their price objective on AGCO from $134.00 to $127.00 and set an “outperform” rating for the company in a report on Friday. Finally, Morgan Stanley increased their price objective on AGCO from $108.00 to $110.00 and gave the company an “underweight” rating in a research report on Friday, July 17th. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $123.25.

Insider Buying and Selling

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

AGCO News Roundup

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: Truist Financial reaffirmed its Buy rating, while maintaining a $135 price target. Although the target was reduced from $159, it still indicates substantial potential upside from recent levels. Benzinga analyst rating report
• Positive Sentiment: Zacks Research made modest upward revisions to several longer-term earnings estimates, including FY2026 EPS to $5.95 from $5.91, Q1 2028 EPS to $2.00 from $1.98, and FY2028 EPS to $9.19 from $9.16. These revisions suggest some confidence in an eventual earnings recovery. MarketBeat AGCO estimates
• Neutral Sentiment: Wells Fargo lowered its price target to $117 from $132 and adopted an Equal Weight rating. The revised target remains above the recent trading level, but the downgrade reflects more limited confidence in near-term outperformance. Benzinga Wells Fargo report
• Negative Sentiment: AGCO’s second-quarter adjusted EPS was $1.43, below the $1.48 consensus estimate, while revenue of $2.61 billion missed expectations of approximately $2.74 billion. Sales fell 1% year over year, highlighting softer operating conditions. AGCO second-quarter results
• Negative Sentiment: Management cut 2026 adjusted EPS guidance to approximately $5.50–$5.75, below the roughly $5.99 consensus, and reduced revenue guidance to $10.1–$10.2 billion versus expectations near $10.6 billion. The company cited weaker farm demand, margin pressure and tariff costs. AGCO outlook report
• Negative Sentiment: Zacks reduced its FY2027 EPS estimate to $7.63 from $7.97 and lowered several 2027 quarterly forecasts, reinforcing concerns that the agricultural-equipment downturn could persist beyond 2026. Zacks AGCO earnings report

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.