AGCO Corporation $AGCO Shares Bought by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in AGCO Corporation (NYSE:AGCO) by 3,640.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,021 shares of the industrial products company’s stock after buying an additional 24,352 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in AGCO were worth $2,679,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Allspring Global Investments Holdings LLC acquired a new position in shares of AGCO during the 3rd quarter worth $1,126,000. Neo Ivy Capital Management acquired a new position in shares of AGCO in the second quarter worth $817,000. Eisler Capital Management Ltd. purchased a new stake in shares of AGCO in the second quarter valued at $15,979,000. Level Four Advisory Services LLC boosted its stake in shares of AGCO by 3.0% during the second quarter. Level Four Advisory Services LLC now owns 81,011 shares of the industrial products company’s stock valued at $8,357,000 after acquiring an additional 2,391 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. purchased a new stake in AGCO during the 3rd quarter worth about $802,000. 78.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at AGCO

In other news, SVP Kelvin Eugene Bennett sold 2,300 shares of AGCO stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $137.04, for a total transaction of $315,192.00. Following the sale, the senior vice president owned 16,844 shares in the company, valued at $2,308,301.76. This trade represents a 12.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 16.60% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on AGCO shares. Oppenheimer upped their target price on shares of AGCO from $128.00 to $132.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Barclays raised their target price on shares of AGCO from $93.00 to $105.00 and gave the stock an “underweight” rating in a research report on Friday, February 6th. Truist Financial increased their price target on shares of AGCO from $134.00 to $152.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. UBS Group reissued a “neutral” rating and set a $127.00 price objective on shares of AGCO in a research note on Friday, February 6th. Finally, JPMorgan Chase & Co. increased their target price on AGCO from $123.00 to $138.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $122.73.

AGCO Stock Performance

NYSE:AGCO opened at $138.35 on Friday. The firm’s fifty day simple moving average is $115.73 and its 200 day simple moving average is $110.91. The company has a current ratio of 1.39, a quick ratio of 0.67 and a debt-to-equity ratio of 0.54. AGCO Corporation has a twelve month low of $73.79 and a twelve month high of $143.78. The firm has a market capitalization of $10.02 billion, a price-to-earnings ratio of 14.19, a PEG ratio of 0.97 and a beta of 1.19.

AGCO (NYSE:AGCO) last released its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.17 EPS for the quarter, beating the consensus estimate of $1.85 by $0.32. The company had revenue of $2.92 billion for 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%.The firm’s revenue was up 1.1% compared to the same quarter last year. During the same period last year, the company posted $1.97 earnings per share. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS. As a group, equities research analysts expect that AGCO Corporation will post 4.2 earnings per share for the current fiscal year.

AGCO Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 13th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, February 13th. AGCO’s dividend payout ratio is currently 11.90%.

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.