Capstone Investment Advisors LLC Invests $1.59 Million in AGCO Corporation $AGCO

Capstone Investment Advisors LLC bought a new stake in shares of AGCO Corporation (NYSE:AGCO) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 13,274 shares of the industrial products company’s stock, valued at approximately $1,589,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AGCO. EverSource Wealth Advisors LLC raised its holdings in shares of 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 in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in AGCO during the 2nd quarter worth about $29,000. Advisory Services Network LLC bought a new position in shares of AGCO in the third quarter worth about $33,000. Geneos Wealth Management Inc. lifted its holdings in AGCO by 109.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 364 shares of the industrial products company’s stock worth $34,000 after buying an additional 190 shares in the last quarter. Finally, Torren Management LLC acquired a new position in shares of AGCO during the fourth quarter valued at $35,000. Institutional investors own 78.80% of the company’s stock.

AGCO Trading Down 0.7%

AGCO stock opened at $110.81 on Friday. The stock has a market cap of $7.76 billion, a price-to-earnings ratio of 15.33, a price-to-earnings-growth ratio of 0.93 and a beta of 1.08. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 0.58. The company has a fifty day moving average price of $111.07 and a two-hundred day moving average price of $117.08. AGCO Corporation has a one year low of $98.22 and a one year high of $143.78.

AGCO (NYSE:AGCO) last released its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.43 earnings per share for the quarter, missing the consensus estimate of $1.46 by ($0.03). AGCO had a net margin of 5.15% and a return on equity of 10.09%. The company had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.75 billion. During the same period in the prior year, the company earned $1.35 earnings per share. The firm’s revenue was down 1.0% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. Equities analysts anticipate that AGCO Corporation will post 5.54 EPS for the current year.

AGCO Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be paid a $0.30 dividend. The ex-dividend date is Friday, August 14th. This represents a $1.20 annualized dividend and a dividend yield of 1.1%. AGCO’s dividend payout ratio is 16.60%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AGCO. Wall Street Zen lowered shares of AGCO from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings cut AGCO from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 31st. Wells Fargo & Company cut their price objective on shares of AGCO from $132.00 to $117.00 and set an “equal weight” rating on the stock in a research report on Friday, July 31st. DA Davidson set a $151.00 price target on AGCO in a research report on Friday, July 31st. Finally, UBS Group reduced their price objective on shares of AGCO from $123.00 to $114.00 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, AGCO has an average rating of “Hold” and a consensus price target of $120.33.

Insider Buying and Selling

In related news, Director Lange Bob De purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were bought at an average price of $100.71 per share, for a total transaction of $100,710.00. Following the completion of the transaction, the director owned 18,717 shares of the company’s stock, valued at approximately $1,884,989.07. This trade represents a 5.64% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $115.33, for a total transaction of $56,790,567.94. Following the completion of the transaction, the insider owned 3,017,565 shares of the company’s stock, valued at $348,015,771.45. The trade was a 14.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.62% of the company’s stock.

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.