AGCO’s (AGCO) “Buy” Rating Reaffirmed at Truist Financial

Truist Financial restated their buy rating on shares of AGCO (NYSE:AGCO) in a report issued on Friday,Benzinga reports. Truist Financial currently has a $135.00 price objective on the industrial products company’s stock, down from their prior price objective of $159.00.

A number of other equities analysts have also commented on the company. Morgan Stanley raised their price objective on AGCO from $108.00 to $110.00 and gave the stock an “underweight” rating in a research note on Friday, July 17th. JPMorgan Chase & Co. reduced their target price on AGCO from $143.00 to $130.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Weiss Ratings cut AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 27th. Oppenheimer dropped their price target on AGCO from $134.00 to $127.00 and set an “outperform” rating for the company in a research note on Friday. Finally, DA Davidson started coverage on shares of AGCO in a research report on Friday, July 10th. They set a “buy” rating and a $160.00 price objective for the company. Four 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. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $123.25.

AGCO Stock Performance

NYSE AGCO opened at $102.40 on Friday. The company has a quick ratio of 0.57, a current ratio of 1.32 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $7.41 billion, a P/E ratio of 14.16, a P/E/G ratio of 0.79 and a beta of 1.07. AGCO has a 12-month low of $99.21 and a 12-month high of $143.78. The firm has a 50-day moving average price of $114.93 and a two-hundred day moving average price of $118.53.

AGCO (NYSE:AGCO) last announced its earnings results on Thursday, July 30th. The industrial products company reported $1.43 EPS for the quarter, missing the consensus estimate of $1.46 by ($0.03). AGCO had a return on equity of 10.09% and a net margin of 5.15%.The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.75 billion. During the same period in the prior year, the business posted $1.35 earnings per share. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. Analysts anticipate that AGCO will post 6.2 earnings per share for the current year.

AGCO Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, August 14th. AGCO’s dividend payout ratio is currently 11.57%.

Insider Buying and Selling

In other AGCO news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider owned 3,149,820 shares in the company, valued at $388,309,809.60. This trade represents a 11.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.62% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Wedge Capital Management L L P NC boosted its holdings in shares of AGCO by 19.1% during the 2nd quarter. Wedge Capital Management L L P NC now owns 111,374 shares of the industrial products company’s stock valued at $13,331,000 after acquiring an additional 17,846 shares in the last quarter. Gradient Investments LLC increased its holdings in AGCO by 9.4% in the 2nd quarter. Gradient Investments LLC now owns 21,742 shares of the industrial products company’s stock worth $2,603,000 after purchasing an additional 1,867 shares in the last quarter. Elevation Wealth Partners LLC raised its position in AGCO by 400.0% in the second quarter. Elevation Wealth Partners LLC now owns 290 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 232 shares during the last quarter. GAMMA Investing LLC raised its position in AGCO by 5.0% in the second quarter. GAMMA Investing LLC now owns 1,963 shares of the industrial products company’s stock valued at $235,000 after purchasing an additional 94 shares during the last quarter. Finally, Versant Capital Management Inc boosted its stake in shares of AGCO by 12.1% during the second quarter. Versant Capital Management Inc now owns 3,449 shares of the industrial products company’s stock valued at $413,000 after purchasing an additional 372 shares in the last quarter. 78.80% of the stock is currently owned by institutional investors.

Key AGCO News

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: Truist Financial reaffirmed its Buy rating, while maintaining a $135 price target. Although the target was reduced from $159, it still indicates substantial potential upside from recent levels. Benzinga analyst rating report
• Positive Sentiment: Zacks Research made modest upward revisions to several longer-term earnings estimates, including FY2026 EPS to $5.95 from $5.91, Q1 2028 EPS to $2.00 from $1.98, and FY2028 EPS to $9.19 from $9.16. These revisions suggest some confidence in an eventual earnings recovery. MarketBeat AGCO estimates
• Neutral Sentiment: Wells Fargo lowered its price target to $117 from $132 and adopted an Equal Weight rating. The revised target remains above the recent trading level, but the downgrade reflects more limited confidence in near-term outperformance. Benzinga Wells Fargo report
• Negative Sentiment: AGCO’s second-quarter adjusted EPS was $1.43, below the $1.48 consensus estimate, while revenue of $2.61 billion missed expectations of approximately $2.74 billion. Sales fell 1% year over year, highlighting softer operating conditions. AGCO second-quarter results
• Negative Sentiment: Management cut 2026 adjusted EPS guidance to approximately $5.50–$5.75, below the roughly $5.99 consensus, and reduced revenue guidance to $10.1–$10.2 billion versus expectations near $10.6 billion. The company cited weaker farm demand, margin pressure and tariff costs. AGCO outlook report
• Negative Sentiment: Zacks reduced its FY2027 EPS estimate to $7.63 from $7.97 and lowered several 2027 quarterly forecasts, reinforcing concerns that the agricultural-equipment downturn could persist beyond 2026. Zacks AGCO earnings report

About AGCO

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.