115,000 Shares in AGCO Corporation $AGCO Acquired by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. bought a new position in shares of AGCO Corporation (NYSE:AGCO) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 115,000 shares of the industrial products company’s stock, valued at approximately $13,766,000.

A number of other hedge funds have also bought and sold shares of AGCO. BlackRock Inc. purchased a new position in shares of AGCO in the second quarter worth $701,908,000. Capital World Investors grew its holdings in shares of AGCO by 309.0% during the fourth quarter. Capital World Investors now owns 2,403,349 shares of the industrial products company’s stock valued at $250,717,000 after buying an additional 1,815,741 shares during the last quarter. Norges Bank acquired a new position in shares of AGCO in the 4th quarter valued at $78,202,000. Bank of New York Mellon Corp acquired a new position in shares of AGCO in the 2nd quarter valued at $64,273,000. Finally, Invesco Ltd. raised its stake in AGCO by 20.6% in the 3rd 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 last quarter. Institutional investors and hedge funds own 78.80% of the company’s stock.

Insider Activity at AGCO

In other news, Director Lange Bob De bought 1,000 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was purchased at an average cost of $100.71 per share, with a total value of $100,710.00. Following the acquisition, the director directly 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 acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the business’s stock in a transaction 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 approximately $348,015,771.45. This represents a 14.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.62% of the company’s stock.

AGCO Stock Performance

NYSE AGCO opened at $99.57 on Thursday. The stock has a 50-day simple moving average of $111.50 and a two-hundred day simple moving average of $117.57. The firm has a market capitalization of $6.97 billion, a P/E ratio of 13.77, a PEG ratio of 0.81 and a beta of 1.08. AGCO Corporation has a fifty-two week low of $98.22 and a fifty-two week high of $143.78. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.58 and a current ratio of 1.32.

AGCO (NYSE:AGCO) last issued its earnings results on Thursday, July 30th. The industrial products company reported $1.43 EPS for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.03). The company had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.75 billion. AGCO had a return on equity of 10.09% and a net margin of 5.15%.The firm’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.35 EPS. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. On average, equities analysts forecast that AGCO Corporation will post 5.58 earnings per share for the current year.

AGCO Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, August 14th. AGCO’s dividend payout ratio is currently 16.60%.

Analysts Set New Price Targets

A number of brokerages have commented on AGCO. Citigroup lowered their price target on AGCO from $125.00 to $115.00 and set a “neutral” rating for the company in a research report on Monday, August 3rd. JPMorgan Chase & Co. cut their price objective on AGCO from $143.00 to $130.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Oppenheimer reduced their price objective on AGCO from $134.00 to $127.00 and set an “outperform” rating for the company in a research note on Friday, July 31st. Truist Financial reaffirmed a “buy” rating and set a $135.00 target price (down from $159.00) on shares of AGCO in a report on Friday, July 31st. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $108.00 target price on shares of AGCO in a research report on Friday, July 31st. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $120.33.

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.