AGCO (NYSE:AGCO) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of AGCO (NYSE:AGCO) from a hold rating to a buy rating in a research note issued to investors on Saturday.

Several other equities analysts have also recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of AGCO in a report on Monday, December 22nd. Robert W. Baird set a $128.00 price objective on AGCO in a report on Friday, February 6th. Oppenheimer increased their target price on AGCO from $128.00 to $132.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Citigroup boosted their price target on shares of AGCO from $120.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Finally, Barclays upped their price target on shares of AGCO from $93.00 to $105.00 and gave the company an “underweight” rating in a research note on Friday, February 6th. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $122.73.

AGCO Stock Down 2.9%

Shares of AGCO stock opened at $123.83 on Friday. The company’s fifty day simple moving average is $121.68 and its two-hundred day simple moving average is $112.52. AGCO has a 52 week low of $73.79 and a 52 week high of $143.78. The stock has a market cap of $8.97 billion, a P/E ratio of 12.70, a PEG ratio of 0.88 and a beta of 1.13. The company has a quick ratio of 0.67, a current ratio of 1.39 and a debt-to-equity ratio of 0.54.

AGCO (NYSE:AGCO) last issued its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.85 by $0.32. The firm had revenue of $2.92 billion during 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 business’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.97 earnings per share. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS. Analysts predict that AGCO will post 4.2 EPS for the current fiscal year.

AGCO Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 13th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.9%. AGCO’s dividend payout ratio (DPR) is 11.90%.

Insider Buying and Selling at AGCO

In other news, SVP Kelvin Eugene Bennett sold 2,300 shares of AGCO stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $137.04, for a total transaction of $315,192.00. Following the completion of the sale, the senior vice president owned 16,844 shares of the company’s stock, valued at approximately $2,308,301.76. The trade was a 12.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 16.60% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Pacer Advisors Inc. grew its position in shares of AGCO by 289.8% during the 4th quarter. Pacer Advisors Inc. now owns 274,814 shares of the industrial products company’s stock worth $28,669,000 after buying an additional 204,318 shares in the last quarter. Kera Capital Partners Inc. bought a new stake in shares of AGCO in the fourth quarter valued at about $354,000. Dean Capital Management lifted its stake in AGCO by 3.2% in the fourth quarter. Dean Capital Management now owns 17,748 shares of the industrial products company’s stock worth $1,851,000 after acquiring an additional 545 shares during the period. Invesco Ltd. lifted its stake in AGCO by 15.1% in the fourth quarter. Invesco Ltd. now owns 2,401,288 shares of the industrial products company’s stock worth $250,502,000 after acquiring an additional 314,355 shares during the period. Finally, Corient Private Wealth LLC grew its holdings in AGCO by 241.4% during the 4th quarter. Corient Private Wealth LLC now owns 38,668 shares of the industrial products company’s stock worth $4,034,000 after acquiring an additional 27,342 shares in the last quarter. 78.80% of the stock is currently 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.