AGCO Corporation (NYSE:AGCO) Receives Average Recommendation of “Hold” from Analysts

Shares of AGCO Corporation (NYSE:AGCO) have been assigned a consensus recommendation of “Hold” from the thirteen analysts that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $122.7273.

A number of equities analysts have recently commented on AGCO shares. UBS Group reiterated a “neutral” rating and set a $127.00 price target on shares of AGCO in a report on Friday, February 6th. Barclays raised their price objective on AGCO from $93.00 to $105.00 and gave the stock an “underweight” rating in a research report on Friday, February 6th. Wells Fargo & Company set a $132.00 target price on shares of AGCO in a research report on Monday, February 9th. BMO Capital Markets boosted their price target on shares of AGCO from $110.00 to $115.00 and gave the stock a “market perform” rating in a research report on Friday, February 6th. Finally, Citigroup increased their price objective 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.

Hedge Funds Weigh In On AGCO

A number of institutional investors and hedge funds have recently modified their holdings of AGCO. Atlas Capital Advisors Inc. bought a new position in AGCO during the fourth quarter worth $124,000. Kestra Advisory Services LLC acquired a new stake in AGCO in the fourth quarter valued at approximately $147,000. Bridgewater Associates LP bought a new stake in shares of AGCO during the fourth quarter valued at approximately $1,458,000. UMB Bank n.a. raised its position in shares of AGCO by 16.8% during the fourth quarter. UMB Bank n.a. now owns 759 shares of the industrial products company’s stock worth $79,000 after purchasing an additional 109 shares during the period. Finally, Stifel Financial Corp lifted its holdings in shares of AGCO by 1.3% in the 4th quarter. Stifel Financial Corp now owns 29,610 shares of the industrial products company’s stock worth $3,089,000 after purchasing an additional 393 shares in the last quarter. 78.80% of the stock is currently owned by institutional investors.

AGCO Price Performance

Shares of AGCO opened at $140.08 on Monday. The company has a quick ratio of 0.67, a current ratio of 1.39 and a debt-to-equity ratio of 0.54. The stock has a market cap of $10.45 billion, a PE ratio of 14.37, a PEG ratio of 0.99 and a beta of 1.19. AGCO has a 12-month low of $73.79 and a 12-month high of $143.78. The business has a 50-day simple moving average of $113.13 and a two-hundred day simple moving average of $110.19.

AGCO (NYSE:AGCO) last released its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.17 earnings per share for the quarter, topping the consensus estimate of $1.85 by $0.32. The company had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.67 billion. AGCO had a return on equity of 9.39% and a net margin of 7.21%.The business’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.97 earnings per share. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS. Analysts anticipate that AGCO will post 4.2 earnings per share for the current fiscal year.

AGCO Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 13th will be given a dividend of $0.29 per share. The ex-dividend date is Friday, February 13th. This represents a $1.16 annualized dividend and a dividend yield of 0.8%. AGCO’s dividend payout ratio is presently 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.