AGCO Corporation (NYSE:AGCO – Free Report) – Equities researchers at Zacks Research lowered their Q1 2026 EPS estimates for shares of AGCO in a report issued on Tuesday, June 17th. Zacks Research analyst S. Deb now expects that the industrial products company will earn $0.99 per share for the quarter, down from their prior estimate of $1.01. The consensus estimate for AGCO’s current full-year earnings is $4.20 per share.
AGCO (NYSE:AGCO – Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The industrial products company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.38. AGCO had a negative net margin of 5.40% and a positive return on equity of 10.60%. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.06 billion. During the same quarter in the prior year, the business posted $2.32 EPS. AGCO’s revenue for the quarter was down 30.0% compared to the same quarter last year.
Check Out Our Latest Analysis on AGCO
AGCO Stock Up 0.4%
AGCO stock opened at $102.43 on Thursday. The firm’s fifty day simple moving average is $96.18 and its 200-day simple moving average is $95.84. The company has a market capitalization of $7.64 billion, a P/E ratio of -13.13, a price-to-earnings-growth ratio of 1.87 and a beta of 1.24. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.53 and a quick ratio of 0.67. AGCO has a 12 month low of $73.79 and a 12 month high of $108.76.
AGCO Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Thursday, May 15th were given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend was Thursday, May 15th. AGCO’s dividend payout ratio is presently -14.87%.
Insiders Place Their Bets
In other AGCO news, SVP Kelvin Eugene Bennett sold 250 shares of the company’s stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $106.18, for a total transaction of $26,545.00. Following the completion of the transaction, the senior vice president now directly owns 17,380 shares in the company, valued at approximately $1,845,408.40. This represents a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 16.60% of the stock is currently owned by company insiders.
Institutional Trading of AGCO
Large investors have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD raised its holdings in AGCO by 128.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,504,328 shares of the industrial products company’s stock valued at $608,026,000 after acquiring an additional 3,654,350 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in AGCO by 534.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,901,790 shares of the industrial products company’s stock valued at $271,259,000 after acquiring an additional 2,444,615 shares during the last quarter. Invesco Ltd. raised its holdings in AGCO by 68.7% in the 4th quarter. Invesco Ltd. now owns 2,360,301 shares of the industrial products company’s stock valued at $220,641,000 after acquiring an additional 961,081 shares during the last quarter. Lord Abbett & CO. LLC acquired a new stake in AGCO in the 4th quarter valued at about $62,022,000. Finally, Norges Bank acquired a new stake in AGCO in the 4th quarter valued at about $57,321,000. Hedge funds and other institutional investors own 78.80% of the company’s stock.
About AGCO
AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses.
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