Wells Fargo & Company Lowers AGCO (NYSE:AGCO) Price Target to $117.00

AGCO (NYSE:AGCO) had its target price reduced by investment analysts at Wells Fargo & Company from $132.00 to $117.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has an “equal weight” rating on the industrial products company’s stock. Wells Fargo & Company‘s price target indicates a potential upside of 13.46% from the company’s previous close.

Other research analysts also recently issued research reports about the company. Weiss Ratings downgraded AGCO from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 27th. Oppenheimer reissued an “outperform” rating and set a $127.00 price objective on shares of AGCO in a report on Friday. JPMorgan Chase & Co. cut their target price on shares of AGCO from $143.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. UBS Group reaffirmed a “neutral” rating and set a $123.00 price target on shares of AGCO in a research report on Sunday, May 10th. Finally, DA Davidson assumed coverage on AGCO in a research note on Friday, July 10th. They issued a “buy” rating and a $160.00 price target for the company. Four 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, the stock has an average rating of “Hold” and an average target price of $125.45.

AGCO Stock Down 3.7%

AGCO stock traded down $4.01 during midday trading on Friday, hitting $103.12. 144,132 shares of the stock were exchanged, compared to its average volume of 762,429. AGCO has a 1 year low of $99.21 and a 1 year high of $143.78. 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 firm has a market cap of $7.47 billion, a P/E ratio of 9.96, a P/E/G ratio of 0.86 and a beta of 1.07. The company has a 50 day moving average price of $115.14 and a two-hundred day moving average price of $118.64.

AGCO (NYSE:AGCO) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.43 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.05). The firm had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.74 billion. AGCO had a net margin of 7.43% and a return on equity of 9.99%. The business’s quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.35 earnings per share. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. On average, sell-side analysts predict that AGCO will post 6.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other AGCO news, major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $123.28, for a total value of $52,096,895.20. Following the transaction, the insider 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.62% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On AGCO

Several institutional investors have recently made changes to their positions in AGCO. Capital World Investors boosted its position 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 purchasing an additional 1,815,741 shares during the period. Norges Bank acquired a new stake in AGCO in the fourth quarter worth $78,202,000. Invesco Ltd. increased its position in AGCO by 20.6% in the third quarter. Invesco Ltd. now owns 2,086,933 shares of the industrial products company’s stock worth $223,448,000 after buying an additional 356,560 shares during the period. Davis Selected Advisers lifted its stake in AGCO by 13.0% in the fourth 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. Finally, Pacer Advisors Inc. lifted its stake in AGCO by 289.8% in the fourth quarter. Pacer Advisors Inc. now owns 274,814 shares of the industrial products company’s stock valued at $28,669,000 after buying an additional 204,318 shares during the last quarter. 78.80% of the stock is owned by institutional investors.

Key Headlines Impacting AGCO

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: Truist Financial reaffirmed its “buy” rating, although it lowered its price target to $135 from $159. The revised target still implies substantial upside from recent trading levels. Benzinga
• Positive Sentiment: Zacks Research made modest upward revisions to several longer-term estimates, including FY2026 EPS to $5.95 from $5.91, Q1 2028 EPS to $2.00 from $1.98 and FY2028 EPS to $9.19 from $9.16. These increases suggest analysts still see a potential earnings recovery beyond the near term. MarketBeat AGCO estimates
• Neutral Sentiment: AGCO reported adjusted second-quarter EPS of $1.43, up from $1.35 a year earlier, while reported EPS was $1.08. The company generated approximately $2.6 billion in sales, and revenue declined 1% year over year. AGCO second-quarter results
• Negative Sentiment: Adjusted EPS missed the consensus estimate, while revenue of about $2.61 billion fell short of estimates near $2.74 billion. The sales shortfall indicates that demand is weaker than investors had expected. Zacks Q2 earnings report
• Negative Sentiment: AGCO cut its FY2026 adjusted EPS outlook to approximately $5.50–$5.75, below the roughly $5.99 consensus, and reduced revenue guidance to $10.1–$10.2 billion versus expectations of about $10.6 billion. Zacks also lowered its FY2027 EPS estimate to $7.63 from $7.97 and reduced several 2027 quarterly estimates.

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.