Natixis Advisors LLC Has $3.02 Million Holdings in AGCO Corporation $AGCO

Natixis Advisors LLC reduced its position in AGCO Corporation (NYSE:AGCO) by 25.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,917 shares of the industrial products company’s stock after selling 9,870 shares during the period. Natixis Advisors LLC’s holdings in AGCO were worth $3,017,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of AGCO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in AGCO by 46.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,958 shares of the industrial products company’s stock worth $459,000 after purchasing an additional 1,567 shares during the last quarter. Jones Financial Companies Lllp increased its position in AGCO by 29.7% in the 1st quarter. Jones Financial Companies Lllp now owns 650 shares of the industrial products company’s stock worth $61,000 after purchasing an additional 149 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of AGCO by 39.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 215,242 shares of the industrial products company’s stock valued at $19,925,000 after acquiring an additional 61,009 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of AGCO by 3.1% during the 1st quarter. Empowered Funds LLC now owns 5,876 shares of the industrial products company’s stock valued at $544,000 after acquiring an additional 176 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of AGCO by 109.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 364 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 190 shares during the last quarter. 78.80% of the stock is owned by institutional investors and hedge funds.

AGCO Stock Performance

AGCO opened at $113.01 on Wednesday. The firm has a market capitalization of $8.18 billion, a P/E ratio of 10.90, a price-to-earnings-growth ratio of 0.78 and a beta of 1.08. The stock’s 50 day moving average price is $116.52 and its two-hundred day moving average price is $116.38. The company has a quick ratio of 0.57, a current ratio of 1.29 and a debt-to-equity ratio of 0.47. AGCO Corporation has a 12-month low of $98.60 and a 12-month high of $143.78.

AGCO (NYSE:AGCO) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter last year, the company earned $0.41 EPS. The company’s quarterly revenue was up 14.3% on a year-over-year basis. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS. On average, equities analysts forecast that AGCO Corporation will post 5.99 earnings per share for the current year.

AGCO Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 15th will be given a $0.30 dividend. The ex-dividend date is Friday, May 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from AGCO’s previous quarterly dividend of $0.29. AGCO’s dividend payout ratio is 11.57%.

Insider Activity at AGCO

In other AGCO 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 sale, the insider owned 3,149,820 shares in the company, valued at approximately $388,309,809.60. This trade represents a 11.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.62% of the company’s stock.

Wall Street Analyst Weigh In

AGCO has been the topic of a number of analyst reports. Weiss Ratings lowered AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 27th. Morgan Stanley reissued an “underweight” rating and set a $108.00 price objective on shares of AGCO in a report on Thursday, May 14th. Oppenheimer set a $134.00 price objective on AGCO in a report on Wednesday, May 6th. UBS Group reissued a “neutral” rating and set a $123.00 price objective on shares of AGCO in a report on Sunday, May 10th. Finally, Wall Street Zen raised AGCO from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, AGCO presently has an average rating of “Hold” and a consensus price target of $126.50.

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.