Zacks Research Issues Positive Forecast for AGCO Earnings

AGCO Corporation (NYSE:AGCO) – Equities research analysts at Zacks Research upped their Q1 2027 earnings per share (EPS) estimates for shares of AGCO in a report issued on Wednesday, May 20th. Zacks Research analyst Team now forecasts that the industrial products company will earn $1.49 per share for the quarter, up from their prior forecast of $1.48. The consensus estimate for AGCO’s current full-year earnings is $5.97 per share. Zacks Research also issued estimates for AGCO’s FY2027 earnings at $7.97 EPS.

AGCO (NYSE:AGCO) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.50. The firm had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.26 billion. AGCO had a return on equity of 9.99% and a net margin of 7.43%.AGCO’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.41 EPS. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS.

A number of other equities analysts have also recently weighed in on the company. Truist Financial upped their price target on AGCO from $134.00 to $152.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Wall Street Zen upgraded AGCO from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. UBS Group restated a “neutral” rating and issued a $123.00 price target on shares of AGCO in a report on Sunday, May 10th. Oppenheimer set a $134.00 price target on AGCO in a report on Wednesday, May 6th. Finally, Morgan Stanley restated an “underweight” rating and issued a $108.00 price target on shares of AGCO in a report on Thursday, May 14th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, AGCO currently has an average rating of “Hold” and an average target price of $126.50.

AGCO Stock Up 1.5%

NYSE AGCO opened at $114.57 on Wednesday. The stock has a market cap of $8.30 billion, a PE ratio of 11.05, a P/E/G ratio of 0.76 and a beta of 1.12. AGCO has a fifty-two week low of $95.96 and a fifty-two week high of $143.78. The business has a 50 day moving average price of $116.29 and a two-hundred day moving average price of $115.62. The company has a quick ratio of 0.57, a current ratio of 1.29 and a debt-to-equity ratio of 0.47.

Hedge Funds Weigh In On AGCO

A number of institutional investors have recently made changes to their positions in AGCO. Capital World Investors raised its position in shares of AGCO by 309.0% in the 4th quarter. Capital World Investors now owns 2,403,349 shares of the industrial products company’s stock valued at $250,717,000 after purchasing an additional 1,815,741 shares in the last quarter. Norges Bank acquired a new position in shares of AGCO in the 4th quarter valued at approximately $78,202,000. Invesco Ltd. raised its position in shares of AGCO by 20.6% in the 3rd quarter. Invesco Ltd. now owns 2,086,933 shares of the industrial products company’s stock valued at $223,448,000 after purchasing an additional 356,560 shares in the last quarter. Davis Selected Advisers raised its position in shares of AGCO by 13.0% in the 4th quarter. Davis Selected Advisers now owns 2,048,835 shares of the industrial products company’s stock valued at $213,736,000 after purchasing an additional 235,913 shares in the last quarter. Finally, Pacer Advisors Inc. raised its position in shares of AGCO by 289.8% during the 4th quarter. Pacer Advisors Inc. now owns 274,814 shares of the industrial products company’s stock valued at $28,669,000 after acquiring an additional 204,318 shares in the last quarter. 78.80% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other AGCO news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $123.28, for a total value of $52,096,895.20. Following the transaction, the insider directly owned 3,149,820 shares of the company’s stock, valued at $388,309,809.60. This represents a 11.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.62% of the stock is currently owned by insiders.

AGCO Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 15th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, May 15th. This is a positive change from AGCO’s previous quarterly dividend of $0.29. AGCO’s dividend payout ratio is currently 11.57%.

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.