Key Points
- AGCO director Lange Bob De purchased 1,000 shares at an average price of $100.71, increasing their stake by 5.64% to 18,717 shares.
- AGCO shares opened at $99.99, near their 12-month low, after the company’s latest quarterly results missed expectations for both earnings and revenue. Fiscal 2026 EPS guidance is $5.50–$5.75.
- The company declared a quarterly dividend of $0.30 per share, equivalent to a 1.2% annual yield. Analysts collectively rate AGCO “Hold,” with an average price target of $120.33.
AGCO Corporation (NYSE:AGCO - Get Free Report) Director Lange Bob De acquired 1,000 shares of the stock in a transaction dated Friday, August 14th. The stock was bought at an average cost of $100.71 per share, with a total value of $100,710.00. Following the completion of the purchase, the director owned 18,717 shares of the company's stock, valued at approximately $1,884,989.07. The trade was a 5.64% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
AGCO Stock Down 1.3%
AGCO stock opened at $99.99 on Tuesday. The firm has a market capitalization of $7.00 billion, a PE ratio of 13.83, a P/E/G ratio of 0.84 and a beta of 1.08. The company has a quick ratio of 0.58, a current ratio of 1.32 and a debt-to-equity ratio of 0.53. AGCO Corporation has a twelve month low of $98.70 and a twelve month high of $143.78. The stock's 50 day moving average is $111.98 and its 200-day moving average is $117.77.
AGCO (NYSE:AGCO - Get Free Report) last announced 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). The company had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.75 billion. AGCO had a return on equity of 10.09% and a net margin of 5.15%.The company'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. Sell-side analysts expect that AGCO Corporation will post 5.58 EPS for the current fiscal year.
AGCO Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders 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 of this dividend is Friday, August 14th. AGCO's payout ratio is currently 16.60%.
Hedge Funds Weigh In On AGCO
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio bought a new position in AGCO during the second quarter valued at about $2,216,000. Capstone Investment Advisors LLC bought a new stake in AGCO in the second quarter worth about $1,589,000. Corient Private Wealth LP purchased a new position in AGCO in the second quarter valued at about $12,268,000. Bank of America Corp DE bought a new position in shares of AGCO during the 2nd quarter valued at approximately $62,281,000. Finally, Freestone Grove Partners LP bought a new position in shares of AGCO during the 2nd quarter valued at approximately $17,628,000. 78.80% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
AGCO has been the subject of several analyst reports. Wall Street Zen downgraded shares of AGCO from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. DA Davidson set a $151.00 price objective on shares of AGCO in a research report on Friday, July 31st. Oppenheimer decreased their price objective on shares of AGCO from $134.00 to $127.00 and set an "outperform" rating for the company in a research note on Friday, July 31st. Morgan Stanley dropped their target price on shares of AGCO from $110.00 to $99.00 and set an "underweight" rating on the stock in a research report on Tuesday, August 4th. Finally, Citigroup cut their target price on AGCO from $125.00 to $115.00 and set a "neutral" rating on the stock in a research note on Monday, August 3rd. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $120.33.
Check Out Our Latest Research Report 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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