Aquatic Capital Management LLC Has $5.21 Million Stock Position in AGCO Corporation $AGCO

Aquatic Capital Management LLC lowered its holdings in shares of AGCO Corporation (NYSE:AGCO) by 10.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 48,632 shares of the industrial products company’s stock after selling 5,486 shares during the period. Aquatic Capital Management LLC owned about 0.07% of AGCO worth $5,207,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. KLP Kapitalforvaltning AS increased its holdings in AGCO by 0.7% in the third quarter. KLP Kapitalforvaltning AS now owns 14,300 shares of the industrial products company’s stock valued at $1,531,000 after purchasing an additional 100 shares during the period. Quantum Portfolio Management LLC lifted its holdings in AGCO by 5.5% during the 2nd quarter. Quantum Portfolio Management LLC now owns 2,495 shares of the industrial products company’s stock worth $257,000 after buying an additional 129 shares during the period. GAMMA Investing LLC grew its position in shares of AGCO by 8.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,818 shares of the industrial products company’s stock valued at $195,000 after buying an additional 146 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of AGCO by 29.7% in the 1st quarter. Jones Financial Companies Lllp now owns 650 shares of the industrial products company’s stock valued at $61,000 after buying an additional 149 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its stake in shares of AGCO by 3.9% in the third quarter. Sequoia Financial Advisors LLC now owns 4,141 shares of the industrial products company’s stock valued at $443,000 after buying an additional 156 shares during the period. Institutional investors and hedge funds own 78.80% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Kelvin Eugene Bennett sold 2,300 shares of the business’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $137.04, for a total transaction of $315,192.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 16.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on AGCO shares. UBS Group restated a “neutral” rating and set a $127.00 price objective on shares of AGCO in a research report on Friday, February 6th. JPMorgan Chase & Co. increased their target price on shares of AGCO from $123.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Weiss Ratings upgraded shares of AGCO from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Citigroup boosted their price target on shares of AGCO from $120.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Finally, Wells Fargo & Company set a $132.00 price objective on shares of AGCO in a research note on Monday, February 9th. 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’s stock. Based on data from MarketBeat, AGCO currently has an average rating of “Hold” and an average target price of $122.73.

AGCO Stock Up 0.0%

Shares of NYSE:AGCO opened at $118.62 on Tuesday. The stock has a market cap of $8.59 billion, a price-to-earnings ratio of 12.17, a PEG ratio of 0.84 and a beta of 1.13. The company has a quick ratio of 0.67, a current ratio of 1.39 and a debt-to-equity ratio of 0.54. AGCO Corporation has a 12-month low of $73.79 and a 12-month high of $143.78. The business’s 50 day moving average is $123.56 and its 200 day moving average is $112.80.

AGCO (NYSE:AGCO) last released its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.32. The business 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.97 EPS. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS. On average, sell-side analysts forecast that AGCO Corporation will post 4.2 earnings per share for the current fiscal year.

AGCO Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 13th were given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, February 13th. AGCO’s dividend payout ratio (DPR) is presently 11.90%.

AGCO 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.