AGCO Corporation (NYSE:AGCO) Receives $118.55 Average Price Target from Analysts

Shares of AGCO Corporation (NYSE:AGCO) have received a consensus rating of “Hold” from the thirteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $122.7273.

A number of brokerages have recently commented on AGCO. Barclays increased their price objective on AGCO from $93.00 to $105.00 and gave the company an “underweight” rating in a report on Friday, February 6th. JPMorgan Chase & Co. upped their price target on shares of AGCO from $123.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Wells Fargo & Company set a $132.00 price objective on AGCO in a research note on Monday. Citigroup raised their target price on AGCO from $120.00 to $130.00 and gave the company a “neutral” rating in a report on Monday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of AGCO in a research report on Monday, December 22nd.

Hedge Funds Weigh In On AGCO

Several large investors have recently bought and sold shares of the business. Cullen Frost Bankers Inc. grew its stake in shares of AGCO by 1,721.4% in the third quarter. Cullen Frost Bankers Inc. now owns 255 shares of the industrial products company’s stock valued at $27,000 after buying an additional 241 shares in the last quarter. Pinnacle Bancorp Inc. acquired a new position in shares of AGCO during the 3rd quarter worth about $29,000. EverSource Wealth Advisors LLC lifted its stake in AGCO by 951.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 257 shares during the last quarter. SJS Investment Consulting Inc. grew its holdings in AGCO by 3,725.0% during the third quarter. SJS Investment Consulting Inc. now owns 306 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 298 shares during the period. Finally, Advisory Services Network LLC acquired a new position in AGCO during the third quarter worth approximately $33,000. 78.80% of the stock is currently owned by institutional investors and hedge funds.

AGCO Price Performance

AGCO stock opened at $140.08 on Monday. The company has a market cap of $10.45 billion, a price-to-earnings ratio of 14.37, a PEG ratio of 0.98 and a beta of 1.19. AGCO has a 12-month low of $73.79 and a 12-month high of $143.78. The firm has a 50 day moving average of $113.13 and a 200-day moving average of $110.15. The company has a current ratio of 1.39, a quick ratio of 0.67 and a debt-to-equity ratio of 0.54.

AGCO (NYSE:AGCO) last released its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.17 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.32. The business had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.67 billion. AGCO had a return on equity of 9.39% and a net margin of 7.21%.The company’s revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.97 EPS. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS. As a group, equities analysts expect that AGCO will post 4.2 EPS for the current fiscal year.

AGCO Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 13th will be paid a $0.29 dividend. The ex-dividend date is Friday, February 13th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.8%. AGCO’s dividend payout ratio (DPR) is 11.90%.

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.