EFG International AG Buys New Position in AGCO Corporation $AGCO

EFG International AG purchased a new stake in AGCO Corporation (NYSE:AGCO) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,975 shares of the industrial products company’s stock, valued at approximately $1,074,000.

Several other large investors have also bought and sold shares of the stock. BlackRock Inc. purchased a new position in AGCO during the 2nd quarter worth $701,908,000. Dimensional Fund Advisors LP raised its holdings in shares of AGCO by 2.1% in the fourth 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 during the last quarter. Capital World Investors lifted its position in shares of AGCO by 309.0% during the fourth 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 in the last quarter. Invesco Ltd. boosted its holdings in AGCO by 15.1% during the fourth quarter. Invesco Ltd. now owns 2,401,288 shares of the industrial products company’s stock worth $250,502,000 after purchasing an additional 314,355 shares during the last quarter. Finally, Davis Selected Advisers boosted its holdings in AGCO by 13.0% during the fourth quarter. Davis Selected Advisers now owns 2,048,835 shares of the industrial products company’s stock worth $213,736,000 after purchasing an additional 235,913 shares during the last quarter. 78.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Lange Bob De bought 1,000 shares of the company’s stock in a transaction on Friday, August 14th. The shares were purchased at an average price of $100.71 per share, for a total transaction of $100,710.00. Following the completion of the transaction, the director directly owned 18,717 shares in the company, valued at approximately $1,884,989.07. The trade was a 5.64% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $115.33, for a total value of $56,790,567.94. Following the completion of the transaction, the insider directly owned 3,017,565 shares of the company’s stock, valued at $348,015,771.45. The trade was a 14.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.62% of the stock is currently owned by insiders.

AGCO Price Performance

NYSE AGCO opened at $111.45 on Thursday. The company has a market cap of $7.81 billion, a PE ratio of 15.41, a price-to-earnings-growth ratio of 0.92 and a beta of 1.08. AGCO Corporation has a 52 week low of $98.22 and a 52 week high of $143.78. The company has a quick ratio of 0.58, a current ratio of 1.32 and a debt-to-equity ratio of 0.53. The firm’s 50-day simple moving average is $111.13 and its two-hundred day simple moving average is $117.23.

AGCO (NYSE:AGCO) last issued its earnings results on Thursday, July 30th. The industrial products company reported $1.43 earnings per share for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.03). AGCO had a return on equity of 10.09% and a net margin of 5.15%.The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.75 billion. During the same quarter in the prior year, the business earned $1.35 EPS. AGCO’s revenue for the quarter was down 1.0% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. Research analysts predict that AGCO Corporation will post 5.55 earnings per share for the current year.

AGCO Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.20 annualized dividend and a yield of 1.1%. AGCO’s dividend payout ratio (DPR) is 16.60%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Oppenheimer dropped their target price on shares of AGCO from $134.00 to $127.00 and set an “outperform” rating on the stock in a research report on Friday, July 31st. Weiss Ratings lowered AGCO from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 31st. DA Davidson set a $151.00 price target on AGCO in a research report on Friday, July 31st. Zacks Research lowered AGCO from a “hold” rating to a “strong sell” rating in a report on Friday, August 21st. Finally, JPMorgan Chase & Co. dropped their price target on AGCO from $143.00 to $130.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $120.33.

About AGCO

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.