Zacks Research Comments on AGCO’s Q1 Earnings (NYSE:AGCO)

AGCO Corporation (NYSE:AGCO) – Equities research analysts at Zacks Research increased their Q1 2027 earnings per share (EPS) estimates for shares of AGCO in a research note issued on Thursday, June 4th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $1.50 for the quarter, up from their previous estimate of $1.49. The consensus estimate for AGCO’s current full-year earnings is $5.97 per share. Zacks Research also issued estimates for AGCO’s Q4 2027 earnings at $2.62 EPS, FY2027 earnings at $7.99 EPS, Q1 2028 earnings at $1.99 EPS and FY2028 earnings at $9.15 EPS.

AGCO (NYSE:AGCO) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.50. AGCO had a return on equity of 9.99% and a net margin of 7.43%.The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period last year, the business posted $0.41 EPS. The company’s revenue was up 14.3% on a year-over-year basis. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS.

Several other analysts have also recently commented on the company. JPMorgan Chase & Co. raised their price target on AGCO from $123.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Morgan Stanley reissued an “underweight” rating and issued a $108.00 price target on shares of AGCO in a report on Thursday, May 14th. Oppenheimer set a $134.00 price target on AGCO in a report on Wednesday, May 6th. Robert W. Baird set a $128.00 price target on AGCO in a report on Friday, February 6th. Finally, Citigroup raised their price target on AGCO from $120.00 to $130.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $126.50.

AGCO Stock Up 0.3%

AGCO opened at $119.92 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.29 and a quick ratio of 0.57. The business has a 50 day simple moving average of $116.55 and a 200-day simple moving average of $116.10. The stock has a market capitalization of $8.68 billion, a P/E ratio of 11.56, a P/E/G ratio of 0.81 and a beta of 1.08. AGCO has a 12 month low of $98.60 and a 12 month high of $143.78.

AGCO Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 15th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, May 15th. This is an increase from AGCO’s previous quarterly dividend of $0.29. AGCO’s dividend payout ratio (DPR) is 11.57%.

Insiders Place Their Bets

In related 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 stock was sold at an average price of $123.28, for a total value of $52,096,895.20. Following the completion of the transaction, the insider directly owned 3,149,820 shares of the company’s stock, valued at $388,309,809.60. This trade represents a 11.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.62% of the stock is owned by insiders.

Hedge Funds Weigh In On AGCO

Several hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in AGCO by 2.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,535,740 shares of the industrial products company’s stock valued at $368,849,000 after purchasing an additional 73,880 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in AGCO by 3.5% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,939,113 shares of the industrial products company’s stock valued at $306,608,000 after buying an additional 98,988 shares during the last quarter. Capital World Investors grew its holdings in AGCO by 309.0% during the 4th 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. Invesco Ltd. grew its holdings in AGCO by 15.1% during the 4th quarter. Invesco Ltd. now owns 2,401,288 shares of the industrial products company’s stock valued at $250,502,000 after buying an additional 314,355 shares during the last quarter. Finally, Davis Selected Advisers grew its holdings in AGCO by 13.0% during the 4th quarter. Davis Selected Advisers now owns 2,048,835 shares of the industrial products company’s stock valued at $213,736,000 after buying an additional 235,913 shares during the last quarter. 78.80% of the stock is owned by hedge funds and other institutional investors.

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.