WINTON GROUP Ltd Purchases New Holdings in AGCO Corporation $AGCO

WINTON GROUP Ltd purchased a new stake in AGCO Corporation (NYSE:AGCOFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 45,512 shares of the industrial products company’s stock, valued at approximately $4,873,000. WINTON GROUP Ltd owned approximately 0.06% of AGCO as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Parallel Advisors LLC raised its stake in shares of AGCO by 1,038.8% in the third quarter. Parallel Advisors LLC now owns 1,378 shares of the industrial products company’s stock valued at $148,000 after purchasing an additional 1,257 shares in the last quarter. Crossmark Global Holdings Inc. raised its stake in shares of AGCO by 1,048.3% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 43,109 shares of the industrial products company’s stock valued at $4,616,000 after buying an additional 39,355 shares in the last quarter. Orion Porfolio Solutions LLC lifted its holdings in shares of AGCO by 6.8% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 3,366 shares of the industrial products company’s stock worth $360,000 after acquiring an additional 215 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of AGCO by 1.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,461,860 shares of the industrial products company’s stock valued at $370,665,000 after acquiring an additional 61,383 shares in the last quarter. Finally, Choreo LLC bought a new stake in AGCO in the third quarter valued at about $686,000. Institutional investors own 78.80% of the company’s stock.

AGCO Price Performance

Shares of AGCO stock opened at $123.99 on Tuesday. The stock has a market capitalization of $8.98 billion, a price-to-earnings ratio of 12.72, a P/E/G ratio of 0.88 and a beta of 1.13. The firm’s 50-day moving average price is $122.08 and its two-hundred day moving average price is $112.60. 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 Corporation has a 1-year low of $73.79 and a 1-year high of $143.78.

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

AGCO Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 13th will be given a $0.29 dividend. The ex-dividend date is Friday, February 13th. This represents a $1.16 annualized dividend and a yield of 0.9%. AGCO’s payout ratio is presently 11.90%.

Insider Buying and Selling

In other news, SVP Kelvin Eugene Bennett sold 2,300 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $137.04, for a total transaction of $315,192.00. Following the sale, the senior vice president owned 16,844 shares in the company, valued at approximately $2,308,301.76. This represents a 12.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 16.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Barclays increased their price target on shares of AGCO from $93.00 to $105.00 and gave the stock an “underweight” rating in a research report on Friday, February 6th. JPMorgan Chase & Co. upped their price objective on AGCO from $123.00 to $138.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Wall Street Zen upgraded AGCO from a “hold” rating to a “buy” rating in a research report on Saturday. Citigroup boosted their price target on AGCO from $120.00 to $130.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Finally, Wells Fargo & Company set a $132.00 price target on AGCO in a research report on Monday, February 9th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $122.73.

Read Our Latest Analysis on AGCO

AGCO Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding AGCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AGCO Corporation (NYSE:AGCOFree Report).

Institutional Ownership by Quarter for AGCO (NYSE:AGCO)

Receive News & Ratings for AGCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGCO and related companies with MarketBeat.com's FREE daily email newsletter.