Sei Investments Co. Has $17 Million Position in AGCO Corporation $AGCO

Sei Investments Co. lifted its holdings in AGCO Corporation (NYSE:AGCO) by 68.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 146,726 shares of the industrial products company’s stock after buying an additional 59,856 shares during the quarter. Sei Investments Co.’s holdings in AGCO were worth $17,002,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Capital World Investors raised its holdings in AGCO by 309.0% during the 4th quarter. Capital World Investors now owns 2,403,349 shares of the industrial products company’s stock worth $250,717,000 after buying an additional 1,815,741 shares during the period. Norges Bank bought a new stake in shares of AGCO during the fourth quarter worth $78,202,000. Invesco Ltd. raised its holdings in shares of AGCO by 20.6% during the third quarter. Invesco Ltd. now owns 2,086,933 shares of the industrial products company’s stock worth $223,448,000 after acquiring an additional 356,560 shares during the period. Davis Selected Advisers boosted its stake in AGCO by 13.0% in the 4th quarter. Davis Selected Advisers now owns 2,048,835 shares of the industrial products company’s stock worth $213,736,000 after purchasing an additional 235,913 shares during the period. Finally, Pacer Advisors Inc. boosted its stake in AGCO by 289.8% in the 4th quarter. Pacer Advisors Inc. now owns 274,814 shares of the industrial products company’s stock worth $28,669,000 after purchasing an additional 204,318 shares during the period. 78.80% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other AGCO news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of the stock in a transaction dated Tuesday, May 5th. The shares were 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.62% of the stock is currently owned by corporate insiders.

AGCO Trading Down 6.1%

AGCO stock opened at $116.18 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.29 and a quick ratio of 0.57. The company has a fifty day moving average price of $115.24 and a two-hundred day moving average price of $118.67. AGCO Corporation has a one year low of $99.21 and a one year high of $143.78. The stock has a market cap of $8.41 billion, a price-to-earnings ratio of 11.20, a price-to-earnings-growth ratio of 0.92 and a beta of 1.07.

AGCO (NYSE:AGCO) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.50. The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.26 billion. AGCO had a net margin of 7.43% and a return on equity of 9.99%. The company’s revenue was up 14.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 earnings per share. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS. Equities analysts anticipate that AGCO Corporation will post 6.2 EPS for the current year.

AGCO Announces Dividend

The business 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 dividend on an annualized basis and a yield of 1.0%. AGCO’s dividend payout ratio is 11.57%.

Analysts Set New Price Targets

Several research firms have issued reports on AGCO. Truist Financial lifted their price target on AGCO from $152.00 to $159.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Morgan Stanley boosted their target price on AGCO from $108.00 to $110.00 and gave the company an “underweight” rating in a research note on Friday, July 17th. Oppenheimer set a $134.00 target price on shares of AGCO in a report on Wednesday, May 6th. UBS Group reiterated a “neutral” rating and issued a $123.00 price target on shares of AGCO in a research note on Sunday, May 10th. Finally, JPMorgan Chase & Co. cut their price target on shares of AGCO from $143.00 to $130.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $129.64.

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.