Key Points
- AGCO CEO Eric Hansotia sold 2,604 shares at an average price of $129.75, for total proceeds of $337,869. He retains 326,939 shares following the transaction.
- AGCO’s latest quarterly results fell slightly short of expectations, with adjusted EPS of $1.43 versus the $1.46 consensus and revenue of $2.61 billion versus $2.75 billion expected. Shares opened at $127.48, down 4.4% as reported.
- Analyst sentiment remains mixed, with an average “Hold” rating and a consensus price target of $122.17. The company also declared a quarterly dividend of $0.30 per share, representing a 0.9% yield.
AGCO Corporation (NYSE:AGCO - Get Free Report) SVP Kelvin Bennett sold 1,000 shares of AGCO stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $132.89, for a total value of $132,890.00. Following the transaction, the senior vice president directly owned 14,047 shares in the company, valued at approximately $1,866,705.83. This trade represents a 6.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
AGCO Price Performance
NYSE AGCO opened at $127.48 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 0.58. The firm has a market capitalization of $8.93 billion, a price-to-earnings ratio of 17.63, a price-to-earnings-growth ratio of 1.11 and a beta of 1.10. The company has a 50 day simple moving average of $112.51 and a 200-day simple moving average of $116.36. AGCO Corporation has a 52-week low of $98.22 and a 52-week high of $143.78.
AGCO (NYSE:AGCO - Get Free Report) last released its quarterly earnings data 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). AGCO had a net margin of 5.15% and a return on equity of 10.09%. The company had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.75 billion. During the same quarter in the prior year, the company posted $1.35 EPS. The firm's quarterly 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. Equities research analysts predict that AGCO Corporation will post 5.54 earnings per share for the current fiscal year.
AGCO Dividend Announcement
The company also recently disclosed 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 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, August 14th. AGCO's dividend payout ratio (DPR) is currently 16.60%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Nykredit A S bought a new stake in AGCO during the second quarter valued at about $281,000. Corient Private Wealth LP increased its stake in shares of AGCO by 21.5% in the second quarter. Corient Private Wealth LP now owns 99,102 shares of the industrial products company's stock worth $11,863,000 after purchasing an additional 17,562 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of AGCO during the 2nd quarter worth about $1,239,000. California State Teachers Retirement System lifted its position in shares of AGCO by 11,209.3% during the 2nd quarter. California State Teachers Retirement System now owns 8,316,277 shares of the industrial products company's stock worth $995,458,000 after purchasing an additional 8,242,742 shares during the last quarter. Finally, Syon Capital LLC boosted its stake in AGCO by 13.4% during the 2nd quarter. Syon Capital LLC now owns 3,948 shares of the industrial products company's stock valued at $473,000 after purchasing an additional 466 shares during the period. Institutional investors and hedge funds own 78.80% of the company's stock.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the company. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $108.00 target price on shares of AGCO in a research report on Friday, July 31st. Citigroup reduced their price target on AGCO from $125.00 to $115.00 and set a "neutral" rating for the company in a report on Monday, August 3rd. Robert W. Baird upgraded AGCO from a "neutral" rating to an "outperform" rating and increased their price objective for the stock from $120.00 to $150.00 in a report on Monday, August 31st. Zacks Research downgraded AGCO from a "hold" rating to a "strong sell" rating in a report on Friday, August 21st. Finally, Wells Fargo & Company cut their price objective on shares of AGCO from $132.00 to $117.00 and set an "equal weight" rating on the stock in a research report on Friday, July 31st. Five analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $122.17.
Get Our Latest Stock Report on AGCO
Key Headlines Impacting AGCO
Here are the key news stories impacting AGCO this week:
- Positive Sentiment: AGCO Power plans to showcase diesel engines designed for demanding forestry and other off-road applications at INTERFORST 2026. The event could support the company’s visibility in specialized equipment markets, although it is unlikely to materially affect near-term earnings. AGCO Power forestry engine announcement
- Positive Sentiment: AGCO declared a quarterly dividend of $0.30 per share, equal to $1.20 annually and a yield of roughly 0.9%. The relatively low 16.6% payout ratio provides some support for the dividend, though the payment itself is not a new growth catalyst. AGCO dividend coverage
- Neutral Sentiment: CEO Eric Hansotia discussed the tariff effects on the agricultural industry in a CNBC interview. The remarks may provide insight into AGCO’s cost exposure and pricing strategy, but no specific changes to earnings guidance were reported. CNBC interview with AGCO CEO
- Negative Sentiment: CEO Eric Hansotia sold 2,604 shares for approximately $337,869, reducing his direct holdings by 0.79% to 326,939 shares. The sale is relatively small compared with his remaining stake, limiting its significance, but insider selling can weigh on sentiment. AGCO CEO stock sale
- Negative Sentiment: Senior Vice President Kelvin Bennett sold 1,000 shares for $132,890, cutting his direct ownership by 6.65%. The additional insider sale reinforces near-term caution, although the dollar value is modest.
- Negative Sentiment: AGCO’s latest quarter missed consensus on both earnings and revenue, while revenue declined 1% year over year. Analysts maintain a consensus “Hold” rating with a $122.17 target, below the recent trading level; ratings range from “Strong Sell” to “Outperform,” highlighting uncertainty around the recovery.
About AGCO
(
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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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