Key Points
- Major shareholder Tractors sold 492,418 AGCO shares at an average price of $115.33, generating approximately $56.8 million. The sale reduced its ownership by 14.03% to 3.02 million shares.
- AGCO’s latest quarterly results missed expectations, with EPS of $1.43 versus the $1.46 consensus and revenue of $2.61 billion versus $2.75 billion expected. Revenue declined 1% year over year, while fiscal 2026 EPS guidance was set at $5.50–$5.75.
- The stock carries a consensus “Hold” rating and an average analyst price target of $120.33; shares recently opened at $102.85. AGCO also declared a $0.30 quarterly dividend, equivalent to a 1.2% yield.
AGCO Corporation (NYSE:AGCO - Get Free Report) major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $115.33, for a total transaction of $56,790,567.94. Following the completion of the sale, the insider owned 3,017,565 shares in the company, valued at $348,015,771.45. This represents a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.
AGCO Trading Up 1.2%
Shares of AGCO opened at $102.85 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 0.58. AGCO Corporation has a 1-year low of $99.21 and a 1-year high of $143.78. The stock has a market cap of $7.20 billion, a price-to-earnings ratio of 14.23, a price-to-earnings-growth ratio of 0.84 and a beta of 1.08. The firm has a 50 day simple moving average of $113.94 and a 200-day simple moving average of $118.25.
AGCO (NYSE:AGCO - Get Free Report) last posted its earnings results on Thursday, July 30th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.46 by ($0.03). The company had revenue of $2.61 billion during the quarter, compared to analysts' expectations of $2.75 billion. AGCO had a net margin of 5.15% and a return on equity of 10.09%. AGCO's quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.35 EPS. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. Equities analysts forecast that AGCO Corporation will post 5.58 EPS for the current fiscal year.
AGCO Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, August 14th. AGCO's dividend payout ratio is currently 16.60%.
Institutional Trading of AGCO
A number of hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted 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 during the last quarter. Advisory Services Network LLC acquired a new position in shares of AGCO during the 3rd quarter valued at about $33,000. Geneos Wealth Management Inc. increased its stake 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 acquiring an additional 190 shares during the last quarter. Torren Management LLC purchased a new position in shares of AGCO during the 4th quarter worth about $35,000. Finally, Elevation Wealth Partners LLC lifted its holdings in shares of AGCO by 400.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 290 shares of the industrial products company's stock worth $35,000 after acquiring an additional 232 shares during the period. 78.80% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of analysts recently commented on the company. Truist Financial reiterated a "buy" rating and set a $135.00 price objective (down from $159.00) on shares of AGCO in a research report on Friday, July 31st. DA Davidson set a $151.00 target price on shares of AGCO in a report on Friday, July 31st. Citigroup decreased their price target on shares of AGCO from $125.00 to $115.00 and set a "neutral" rating on the stock in a research note on Monday. Wall Street Zen downgraded shares of AGCO from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Finally, Weiss Ratings lowered shares of AGCO from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, AGCO currently has a consensus rating of "Hold" and a consensus target price of $120.33.
Check Out Our Latest Analysis on AGCO
About AGCO
(
Get Free Report)
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.
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