Analysts Set AGCO Corporation (NYSE:AGCO) PT at $126.50

Shares of AGCO Corporation (NYSE:AGCO) have received an average recommendation of “Hold” from the eleven brokerages that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $126.50.

Several brokerages recently weighed in on AGCO. Wall Street Zen upgraded shares of AGCO from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Oppenheimer set a $134.00 price objective on AGCO in a research report on Wednesday, May 6th. UBS Group restated a “neutral” rating and issued a $123.00 price objective on shares of AGCO in a research report on Sunday, May 10th. Weiss Ratings lowered AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 27th. Finally, Morgan Stanley restated an “underweight” rating and issued a $108.00 price objective on shares of AGCO in a research report on Thursday, May 14th.

Insider Buying and Selling

In other AGCO news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of the company’s stock in a transaction that occurred on 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 sale, the insider owned 3,149,820 shares in the company, valued at approximately $388,309,809.60. This represents a 11.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.62% of the company’s stock.

Institutional Investors Weigh In On AGCO

Hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its position 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 purchasing an additional 257 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of AGCO during the 3rd quarter valued at approximately $33,000. Geneos Wealth Management Inc. lifted 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 purchased a new position in shares of AGCO during the 4th quarter valued at approximately $35,000. Finally, Allworth Financial LP lifted its position in shares of AGCO by 64.3% during the 3rd quarter. Allworth Financial LP now owns 396 shares of the industrial products company’s stock valued at $42,000 after buying an additional 155 shares in the last quarter. Hedge funds and other institutional investors own 78.80% of the company’s stock.

AGCO Price Performance

Shares of NYSE:AGCO opened at $113.78 on Friday. AGCO has a twelve month low of $98.60 and a twelve month high of $143.78. The company’s 50 day moving average is $116.00 and its 200 day moving average is $116.66. The company has a current ratio of 1.29, a quick ratio of 0.57 and a debt-to-equity ratio of 0.47. The company has a market cap of $8.24 billion, a PE ratio of 10.97, a price-to-earnings-growth ratio of 0.76 and a beta of 1.08.

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, topping the consensus estimate of $0.44 by $0.50. AGCO had a net margin of 7.43% and a return on equity of 9.99%. The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the prior year, the company earned $0.41 EPS. AGCO’s quarterly revenue was up 14.3% on a year-over-year basis. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS. On average, sell-side analysts forecast that AGCO will post 5.99 EPS for the current year.

AGCO Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 15th were given a $0.30 dividend. The ex-dividend date was Friday, May 15th. This represents a $1.20 annualized dividend and a yield of 1.1%. This is a boost from AGCO’s previous quarterly dividend of $0.29. AGCO’s payout ratio is currently 11.57%.

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.