Zacks Research Has Positive Outlook of AGCO FY2027 Earnings

AGCO Corporation (NYSE:AGCO) – Equities researchers at Zacks Research raised their FY2027 earnings per share estimates for AGCO in a research note issued on Monday, December 29th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $7.28 for the year, up from their previous estimate of $7.25. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for AGCO’s current full-year earnings is $4.20 per share.

A number of other equities analysts also recently commented on the stock. Wells Fargo & Company assumed coverage on shares of AGCO in a research note on Thursday, November 13th. They set an “equal weight” rating and a $114.00 target price on the stock. Truist Financial reaffirmed a “buy” rating and set a $123.00 price target (down previously from $142.00) on shares of AGCO in a research report on Monday, November 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of AGCO in a report on Monday, December 22nd. Barclays lowered AGCO from an “equal weight” rating to an “underweight” rating and lowered their price objective for the stock from $116.00 to $93.00 in a research report on Friday, December 19th. Finally, JPMorgan Chase & Co. reduced their target price on AGCO from $127.00 to $123.00 and set an “overweight” rating on the stock in a research report on Friday, December 19th. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, AGCO presently has a consensus rating of “Hold” and a consensus price target of $110.60.

AGCO Trading Down 0.2%

Shares of AGCO stock opened at $104.49 on Thursday. The company has a current ratio of 1.58, a quick ratio of 0.73 and a debt-to-equity ratio of 0.61. AGCO has a twelve month low of $73.79 and a twelve month high of $121.16. The company’s 50-day moving average price is $105.84 and its 200-day moving average price is $107.86. The stock has a market cap of $7.80 billion, a price-to-earnings ratio of 20.77, a PEG ratio of 1.67 and a beta of 1.17.

AGCO (NYSE:AGCO) last issued its earnings results on Friday, October 31st. The industrial products company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.09. AGCO had a return on equity of 9.36% and a net margin of 3.73%.The company had revenue of $2.48 billion during the quarter, compared to analysts’ expectations of $2.48 billion. During the same period in the prior year, the business earned $0.68 EPS. The firm’s quarterly revenue was down 4.7% on a year-over-year basis. AGCO has set its FY 2025 guidance at 5.000-5.000 EPS.

Hedge Funds Weigh In On AGCO

A number of hedge funds and other institutional investors have recently bought and sold shares of AGCO. Cullen Frost Bankers Inc. grew its position in AGCO by 1,721.4% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 255 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 241 shares in the last quarter. Pinnacle Bancorp Inc. purchased a new position in shares of AGCO in the third quarter valued at approximately $29,000. EverSource Wealth Advisors LLC boosted its stake in shares of AGCO by 951.9% in the second quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 257 shares during the period. SJS Investment Consulting Inc. grew its holdings in shares of AGCO by 3,725.0% in the third quarter. SJS Investment Consulting Inc. now owns 306 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 298 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in AGCO during the 3rd quarter worth approximately $33,000. 78.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at AGCO

In other news, SVP Kelvin Eugene Bennett sold 250 shares of AGCO stock in a transaction on Monday, November 10th. The stock was sold at an average price of $104.28, for a total value of $26,070.00. Following the completion of the sale, the senior vice president directly owned 17,130 shares of the company’s stock, valued at approximately $1,786,316.40. The trade was a 1.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 16.60% of the stock is currently owned by corporate insiders.

AGCO Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 14th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, November 14th. AGCO’s dividend payout ratio is 23.06%.

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.