AGCO Corporation (NYSE:AGCO) Receives $122.73 Average Price Target from Analysts

Shares of AGCO Corporation (NYSE:AGCO) have received an average recommendation of “Hold” from the twelve ratings firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $122.7273.

Several equities research analysts recently issued reports on AGCO shares. Wells Fargo & Company set a $132.00 price target on shares of AGCO in a report on Monday, February 9th. UBS Group reaffirmed a “neutral” rating and set a $127.00 price target on shares of AGCO in a report on Friday, February 6th. JPMorgan Chase & Co. lifted their price target on shares of AGCO from $123.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Wall Street Zen raised shares of AGCO from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Finally, Weiss Ratings downgraded shares of AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 30th.

AGCO Trading Down 0.1%

Shares of AGCO stock opened at $114.45 on Tuesday. The company has a market capitalization of $8.29 billion, a price-to-earnings ratio of 11.74, a PEG ratio of 0.81 and a beta of 1.16. 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 has a 12-month low of $73.89 and a 12-month high of $143.78. The firm’s 50-day moving average price is $124.30 and its two-hundred day moving average price is $113.37.

AGCO (NYSE:AGCO) last announced its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.32. The firm had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.67 billion. AGCO had a net margin of 7.21% and a return on equity of 9.39%. The business’s revenue for the quarter 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. On average, analysts forecast that AGCO will post 4.2 earnings per share for the current fiscal year.

AGCO Dividend Announcement

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

Insider Transactions at AGCO

In other AGCO news, SVP Kelvin Eugene Bennett sold 2,300 shares of the firm’s 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 completion of the transaction, the senior vice president owned 16,844 shares in the company, valued at approximately $2,308,301.76. This trade represents a 12.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Jupiter Asset Management Ltd. raised its holdings in AGCO by 520.4% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 35,801 shares of the industrial products company’s stock worth $3,833,000 after purchasing an additional 30,030 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in AGCO during the 3rd quarter worth approximately $1,126,000. Fox Run Management L.L.C. bought a new position in AGCO during the 3rd quarter worth approximately $844,000. WINTON GROUP Ltd bought a new position in AGCO during the 3rd quarter worth approximately $4,873,000. Finally, Robeco Institutional Asset Management B.V. bought a new position in AGCO during the 3rd quarter worth approximately $802,000. Institutional investors own 78.80% of the company’s stock.

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.