
AGCO Corporation (NYSE:AGCO – Free Report) – Equities researchers at Zacks Research boosted their FY2027 earnings estimates for shares of AGCO in a research note issued to investors on Thursday, March 26th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $7.40 for the year, up from their previous forecast of $7.37. The consensus estimate for AGCO’s current full-year earnings is $4.20 per share. Zacks Research also issued estimates for AGCO’s Q4 2027 earnings at $2.31 EPS and FY2028 earnings at $9.12 EPS.
Several other equities research analysts have also issued reports on AGCO. Weiss Ratings raised AGCO from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, March 12th. Barclays increased their price target on shares of AGCO from $93.00 to $105.00 and gave the company an “underweight” rating in a research report on Friday, February 6th. Citigroup raised their price objective on shares of AGCO from $120.00 to $130.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. Wells Fargo & Company set a $132.00 price objective on shares of AGCO in a research report on Monday, February 9th. Finally, BMO Capital Markets increased their target price on shares of AGCO from $110.00 to $115.00 and gave the company a “market perform” rating in a research report on Friday, February 6th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued 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 $122.73.
AGCO Stock Down 2.1%
AGCO stock opened at $113.49 on Friday. The stock has a market cap of $8.22 billion, a P/E ratio of 11.64, a P/E/G ratio of 0.82 and a beta of 1.13. The company has a current ratio of 1.39, a quick ratio of 0.67 and a debt-to-equity ratio of 0.54. The stock’s fifty day simple moving average is $124.05 and its two-hundred day simple moving average is $113.08. AGCO has a 1-year low of $73.79 and a 1-year high of $143.78.
AGCO (NYSE:AGCO – Get Free Report) last released its earnings results on Thursday, February 5th. The industrial products company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.32. The company had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.67 billion. AGCO had a return on equity of 9.39% and a net margin of 7.21%.AGCO’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.97 earnings per share. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS.
Hedge Funds Weigh In On AGCO
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. raised its position in shares of AGCO by 1,721.4% in the third quarter. Cullen Frost Bankers Inc. now owns 255 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 241 shares during the period. Pinnacle Bancorp Inc. bought a new position in AGCO in the 3rd quarter worth approximately $29,000. EverSource Wealth Advisors LLC boosted its holdings 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 period. SJS Investment Consulting Inc. grew its stake in AGCO by 3,725.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 306 shares of the industrial products company’s stock valued at $33,000 after buying an additional 298 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new position in AGCO in the 3rd quarter valued at approximately $33,000. Institutional investors own 78.80% of the company’s stock.
Insider Transactions at AGCO
In related news, SVP Kelvin Eugene Bennett sold 2,300 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $137.04, for a total value of $315,192.00. Following the sale, the senior vice president directly owned 16,844 shares in the company, valued at approximately $2,308,301.76. The trade was a 12.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.62% of the company’s stock.
AGCO Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 13th were issued a $0.29 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.16 annualized dividend and a yield of 1.0%. AGCO’s dividend payout ratio (DPR) is 11.90%.
About AGCO
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.
Further Reading
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