The Manufacturers Life Insurance Company Makes New $15.27 Million Investment in AGCO Corporation $AGCO

The Manufacturers Life Insurance Company purchased a new stake in shares of AGCO Corporation (NYSE:AGCO) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 127,536 shares of the industrial products company’s stock, valued at approximately $15,266,000.

Several other large investors have also bought and sold shares of AGCO. Northwestern Mutual Wealth Management Co. purchased a new position in AGCO during the second quarter worth about $29,000. EverSource Wealth Advisors LLC boosted 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 during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in AGCO in the second quarter valued at about $35,000. Elevation Wealth Partners LLC grew its holdings in AGCO by 400.0% during the second quarter. Elevation Wealth Partners LLC now owns 290 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 232 shares during the period. Finally, Trust Co. of Vermont bought a new position in shares of AGCO during the 2nd quarter worth $36,000. 78.80% of the stock is currently owned by institutional investors.

More AGCO News

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: Zacks Research raised its AGCO EPS forecasts for fiscal 2027 to $6.81 from $6.74, fourth-quarter 2027 to $2.37 from $2.35, first-quarter 2028 to $1.96 from $1.94, and fiscal 2028 to $9.05 from $8.92. These revisions suggest improved longer-term earnings expectations, although the firm retained a “Strong Sell” rating.
• Neutral Sentiment: AGCO will participate in Citi’s Global TMT Conference on September 9 and the Jefferies Global Industrials Conference on September 10. The events could provide updates on agricultural-equipment demand, cost savings and outlook, but no new financial targets were announced. AGCO to Present at Citi’s 2026 Global TMT Conference AGCO to Present at the 2026 Jefferies Global Industrials Conference
• Neutral Sentiment: Brokerages give AGCO an average “Hold” recommendation, indicating limited conviction among analysts and potentially capping near-term upside.
• Neutral Sentiment: Two other articles concern unrelated gaming businesses. A $100,000 penalty issued by Ontario’s gaming regulator—also abbreviated AGCO—is not related to AGCO Corporation, and International Entertainment’s PAGCOR-licensed online gaming platform has no apparent connection to the farm-equipment manufacturer. AGCO issues $100,000 monetary penalty to NorthStar Gaming International Entertainment Details Rollout of New PAGCOR-Licensed Online Gaming Platform
• Negative Sentiment: Zacks cut its fiscal 2026 EPS estimate to $5.52 from $5.55, third-quarter 2026 to $0.87 from $0.93, first-quarter 2027 to $1.19 from $1.20, and second-quarter 2027 to $1.64 from $1.77. The reductions reinforce concerns about weaker near-term operating performance and contrast with the current-year consensus estimate of roughly $5.54.

Insiders Place Their Bets

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

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Wall Street Zen lowered shares of AGCO from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. UBS Group decreased their price objective on shares of AGCO from $123.00 to $114.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 4th. Morgan Stanley lowered their price target on AGCO from $110.00 to $99.00 and set an “underweight” rating on the stock in a research report on Tuesday, August 4th. Wells Fargo & Company lowered their price objective on shares of AGCO from $132.00 to $117.00 and set an “equal weight” rating for the company in a report on Friday, July 31st. Finally, Weiss Ratings lowered AGCO from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, AGCO has an average rating of “Hold” and a consensus target price of $120.33.

AGCO Trading Up 2.3%

Shares of AGCO opened at $113.44 on Friday. The firm’s 50-day moving average price is $111.07 and its 200-day moving average price is $117.05. The company has a current ratio of 1.32, a quick ratio of 0.58 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $7.94 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 0.92 and a beta of 1.08. AGCO Corporation has a 1-year low of $98.22 and a 1-year high of $143.78.

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

AGCO Announces Dividend

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

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.