AGCO (NYSE:AGCO – Get Free Report) had its price target raised by JPMorgan Chase & Co. from $140.00 to $145.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 30.82% from the stock’s previous close.
Several other equities research analysts have also recently weighed in on the stock. Wells Fargo & Company decreased their price objective on shares of AGCO from $132.00 to $117.00 and set an “equal weight” rating for the company in a research report on Friday, July 31st. Citigroup dropped their target price on shares of AGCO from $125.00 to $115.00 and set a “neutral” rating on the stock in a research note on Monday, August 3rd. Morgan Stanley decreased their price objective on AGCO from $110.00 to $99.00 and set an “underweight” rating on the stock in a research note on Tuesday, August 4th. Sanford C. Bernstein reissued a “market perform” rating and issued a $108.00 price target on shares of AGCO in a report on Friday, July 31st. Finally, Oppenheimer reissued an “outperform” rating on shares of AGCO in a research note on Friday. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $123.33.
Check Out Our Latest Research Report on AGCO
AGCO Price Performance
Shares of AGCO stock traded up $3.00 during trading hours on Friday, reaching $110.84. 848,689 shares of the company were exchanged, compared to its average volume of 848,791. The stock’s fifty day moving average is $113.92 and its two-hundred day moving average is $116.29. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 0.58. The company has a market cap of $7.76 billion, a price-to-earnings ratio of 15.33, a P/E/G ratio of 0.77 and a beta of 1.08. AGCO has a fifty-two week low of $98.22 and a fifty-two week high of $143.78.
AGCO (NYSE:AGCO – Get Free Report) last released its earnings results on Thursday, October 29th. The industrial products company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.87 by $0.18. AGCO had a return on equity of 10.09% and a net margin of 5.15%. The firm had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the previous year, the business posted $1.35 EPS. The business’s quarterly revenue was down 8.6% compared to the same quarter last year. Sell-side analysts forecast that AGCO will post 5.54 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, CEO Eric P. Hansotia sold 2,604 shares of the company’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $129.75, for a total value of $337,869.00. Following the sale, the chief executive officer directly owned 326,939 shares in the company, valued at $42,420,335.25. This represents a 0.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was 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 owned 3,017,565 shares in the company, valued at approximately $348,015,771.45. This trade represents a 14.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 497,622 shares of company stock valued at $57,461,807 in the last ninety days. Company insiders own 0.62% of the company’s stock.
Institutional Investors Weigh In On AGCO
Several hedge funds and other institutional investors have recently modified their holdings of AGCO. Provenance Wealth Advisors LLC bought a new stake in shares of AGCO in the 3rd quarter worth about $25,000. State of Wyoming raised its holdings in AGCO by 8.6% during the third quarter. State of Wyoming now owns 1,622 shares of the industrial products company’s stock worth $185,000 after acquiring an additional 128 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in shares of AGCO by 2.9% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 10,650 shares of the industrial products company’s stock worth $1,217,000 after acquiring an additional 300 shares during the last quarter. Peterson Wealth Services grew its stake in shares of AGCO by 7.4% in the third quarter. Peterson Wealth Services now owns 8,788 shares of the industrial products company’s stock valued at $1,004,000 after acquiring an additional 607 shares in the last quarter. Finally, Simplicity Wealth LLC raised its position in shares of AGCO by 78.9% in the 3rd quarter. Simplicity Wealth LLC now owns 7,310 shares of the industrial products company’s stock valued at $835,000 after buying an additional 3,225 shares in the last quarter. Institutional investors and hedge funds own 78.80% of the company’s stock.
Key Stories Impacting AGCO
Here are the key news stories impacting AGCO this week:
- Positive Sentiment: AGCO reported third-quarter adjusted earnings of $1.05 per share, above the roughly $0.87–$0.88 analyst consensus. The earnings outperformance helped support the stock, even though profit declined from $1.35 per share a year earlier. AGCO Beats Q3 Earnings Estimates
- Positive Sentiment: Management indicated the farm-equipment cycle is nearing a trough and pointed to a potential recovery in 2027. That outlook gives investors a reason to look beyond current weakness and anticipate improved demand and earnings momentum. AGCO Gains Despite Sales Miss and Points to 2027 Recovery
- Neutral Sentiment: AGCO set 2026 targets of approximately $9.8 billion to $10.0 billion in net sales, about $5.50 in adjusted EPS, and a roughly 7% adjusted operating margin. The targets provide visibility but also reflect a challenging operating environment. AGCO 2026 Forecast
- Negative Sentiment: Third-quarter net sales fell 8.6% year over year to about $2.26 billion, missing estimates near $2.32 billion to $2.37 billion. Reported EPS was $0.75, while lower sales and the weaker full-year outlook highlight continuing pressure on agricultural-equipment demand. AGCO Reports Third-Quarter Results
- Negative Sentiment: Recent insider activity was predominantly selling, including substantial sales attributed to Farm Equipment Ltd., although insider transactions are a secondary signal compared with the earnings and guidance update.
About AGCO
AGCO Corporation (NYSE: AGCO) is a global manufacturer and distributor of agricultural equipment, technologies and related services. The company serves farmers, agricultural contractors and equipment dealers with products designed for planting, harvesting, crop protection, hay and forage production, and grain handling.
AGCO’s product portfolio includes tractors, combines, planters, seeding equipment, sprayers, hay and forage machinery, grain storage and handling systems, replacement parts, and precision agriculture solutions.
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