
AGCO Corporation (NYSE:AGCO – Free Report) – Investment analysts at Zacks Research upped their Q4 2027 earnings per share (EPS) estimates for AGCO in a report issued on Wednesday, October 7th. Zacks Research analyst Team now anticipates that the industrial products company will earn $2.40 per share for the quarter, up from their prior forecast of $2.37. Zacks Research has a “Hold” rating on the stock. The consensus estimate for AGCO’s current full-year earnings is $5.55 per share. Zacks Research also issued estimates for AGCO’s Q3 2028 earnings at $1.89 EPS.
AGCO has been the topic of several other reports. JPMorgan Chase & Co. dropped their target price on AGCO from $143.00 to $130.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Wells Fargo & Company decreased their price target on AGCO from $132.00 to $117.00 and set an “equal weight” rating for the company in a report on Friday, July 31st. Truist Financial upped their price objective on AGCO from $135.00 to $146.00 and gave the stock a “buy” rating in a research report on Monday. Citigroup dropped their price objective on shares of AGCO from $125.00 to $115.00 and set a “neutral” rating on the stock in a research note on Monday, August 3rd. Finally, Wall Street Zen lowered shares of AGCO from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $123.08.
AGCO Stock Performance
Shares of AGCO stock opened at $109.22 on Thursday. AGCO has a 52-week low of $98.22 and a 52-week high of $143.78. The company has a quick ratio of 0.58, a current ratio of 1.32 and a debt-to-equity ratio of 0.53. The stock has a market cap of $7.65 billion, a PE ratio of 15.11, a price-to-earnings-growth ratio of 0.88 and a beta of 1.08. The business has a 50-day simple moving average of $113.56 and a 200-day simple moving average of $115.09.
AGCO (NYSE:AGCO – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.43 earnings per share for the quarter, missing the consensus estimate of $1.46 by ($0.03). The business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.75 billion. AGCO had a return on equity of 10.09% and a net margin of 5.15%.AGCO’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.35 EPS. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS.
Institutional Trading of AGCO
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. acquired a new position in shares of AGCO during the 2nd quarter worth approximately $29,000. Elevation Wealth Partners LLC grew its stake in AGCO by 400.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 290 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 232 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in AGCO in the 2nd quarter valued at $35,000. Trust Co. of Vermont purchased a new stake in AGCO in the 2nd quarter worth $36,000. Finally, Commonwealth Retirement Investments LLC purchased a new stake in AGCO in the 4th quarter worth $42,000. 78.80% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity
In related news, SVP Ivory Harris sold 1,600 shares of AGCO stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $125.30, for a total value of $200,480.00. Following the completion of the transaction, the senior vice president owned 14,454 shares in the company, valued at $1,811,086.20. The trade was a 9.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Eric Hansotia sold 2,604 shares of the company’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $129.75, for a total value of $337,869.00. Following the completion of the transaction, the chief executive officer directly owned 326,939 shares of the company’s stock, valued at $42,420,335.25. The trade was a 0.79% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 497,622 shares of company stock worth $57,461,807. 0.62% of the stock is currently owned by corporate insiders.
AGCO Company Profile
AGCO Corporation (NYSE: AGCO) is a global manufacturer and distributor of agricultural equipment and related solutions. The company serves farmers, agricultural contractors and dealers through a portfolio that includes tractors, combines, harvesting equipment, seeding and planting machinery, hay and forage equipment, crop protection products, replacement parts and precision-agriculture technologies.
AGCO’s principal brands include Fendt, Massey Ferguson, Valtra, Gleaner and PTx. Its precision-agriculture offerings are designed to help producers improve field productivity, equipment utilization and resource management through technologies such as guidance, connectivity, automation and data-based farm management.
Founded in 1990 through the acquisition of Deutz-Allis, AGCO expanded its international presence through subsequent acquisitions, including Massey Ferguson and Fendt.
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