AGCO Co. (NYSE:AGCO – Free Report) – Stock analysts at Zacks Research reduced their Q4 2026 earnings per share estimates for AGCO in a report issued on Tuesday, April 1st. Zacks Research analyst S. Deb now expects that the industrial products company will post earnings of $1.91 per share for the quarter, down from their prior estimate of $1.94. The consensus estimate for AGCO’s current full-year earnings is $4.20 per share.
Several other brokerages have also recently commented on AGCO. Truist Financial boosted their price target on shares of AGCO from $109.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, January 16th. StockNews.com lowered AGCO from a “hold” rating to a “sell” rating in a report on Thursday. Robert W. Baird downgraded AGCO from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $116.00 to $100.00 in a research note on Monday, March 3rd. Citigroup upped their price objective on AGCO from $95.00 to $98.00 and gave the stock a “neutral” rating in a research note on Monday, March 17th. Finally, JPMorgan Chase & Co. raised their target price on shares of AGCO from $102.00 to $111.00 and gave the company an “overweight” rating in a research note on Wednesday, January 15th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $104.60.
AGCO Stock Performance
Shares of AGCO stock opened at $79.45 on Thursday. AGCO has a 12 month low of $73.79 and a 12 month high of $125.76. The company’s fifty day simple moving average is $96.97 and its 200-day simple moving average is $96.82. The firm has a market cap of $5.93 billion, a PE ratio of -13.96, a P/E/G ratio of 1.80 and a beta of 1.16. The company has a quick ratio of 0.63, a current ratio of 1.34 and a debt-to-equity ratio of 0.60.
AGCO (NYSE:AGCO – Get Free Report) last announced its earnings results on Thursday, February 6th. The industrial products company reported $1.97 earnings per share for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.04). AGCO had a positive return on equity of 13.40% and a negative net margin of 3.64%.
AGCO Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend was Friday, February 14th. AGCO’s dividend payout ratio is presently -20.39%.
Institutional Trading of AGCO
Several hedge funds and other institutional investors have recently modified their holdings of AGCO. Price T Rowe Associates Inc. MD lifted its position in AGCO by 128.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,504,328 shares of the industrial products company’s stock worth $608,026,000 after acquiring an additional 3,654,350 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of AGCO by 9.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,984,081 shares of the industrial products company’s stock worth $278,951,000 after purchasing an additional 258,054 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in AGCO by 534.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,901,790 shares of the industrial products company’s stock worth $271,259,000 after purchasing an additional 2,444,615 shares during the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in AGCO by 1.5% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,744,133 shares of the industrial products company’s stock valued at $256,522,000 after purchasing an additional 39,966 shares during the period. Finally, Invesco Ltd. grew its holdings in AGCO by 68.7% in the 4th quarter. Invesco Ltd. now owns 2,360,301 shares of the industrial products company’s stock valued at $220,641,000 after buying an additional 961,081 shares in the last quarter. Institutional investors own 78.80% of the company’s stock.
About AGCO
AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses.
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