AGCO (AGCO) Expected to Announce Quarterly Earnings on Thursday

AGCO (NYSE:AGCO - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Thursday, July 31st. Analysts expect the company to announce earnings of $1.06 per share and revenue of $2.52 billion for the quarter. AGCO has set its FY 2025 guidance at 4.000-4.50 EPS.

AGCO (NYSE:AGCO - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The industrial products company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.38. AGCO had a negative net margin of 5.40% and a positive return on equity of 10.60%. The business had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $2.06 billion. During the same quarter in the prior year, the company posted $2.32 EPS. The business's revenue for the quarter was down 30.0% on a year-over-year basis. On average, analysts expect AGCO to post $4 EPS for the current fiscal year and $6 EPS for the next fiscal year.

AGCO Trading Up 1.6%

Shares of AGCO stock traded up $1.78 during mid-day trading on Friday, hitting $112.29. The stock had a trading volume of 833,348 shares, compared to its average volume of 749,648. The firm has a 50-day moving average of $104.67 and a two-hundred day moving average of $98.07. AGCO has a 12-month low of $73.79 and a 12-month high of $116.25. The company has a quick ratio of 0.67, a current ratio of 1.53 and a debt-to-equity ratio of 0.72. The firm has a market cap of $8.38 billion, a P/E ratio of -14.40, a price-to-earnings-growth ratio of 1.98 and a beta of 1.24.

AGCO announced that its board has authorized a stock repurchase plan on Wednesday, July 9th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the industrial products company to reacquire up to 12.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

AGCO Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 15th will be paid a $0.29 dividend. The ex-dividend date is Friday, August 15th. This represents a $1.16 annualized dividend and a dividend yield of 1.03%. AGCO's dividend payout ratio (DPR) is -14.87%.

Analysts Set New Price Targets

Several brokerages have recently commented on AGCO. JPMorgan Chase & Co. upped their price objective on shares of AGCO from $117.00 to $130.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Truist Financial decreased their price objective on shares of AGCO from $125.00 to $105.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. UBS Group set a $106.00 price objective on shares of AGCO in a report on Tuesday, April 22nd. Citigroup reiterated a "neutral" rating and set a $110.00 target price on shares of AGCO in a report on Friday, May 30th. Finally, Wall Street Zen upgraded shares of AGCO from a "sell" rating to a "hold" rating in a report on Tuesday, April 22nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, AGCO presently has an average rating of "Hold" and a consensus price target of $105.89.

Insider Buying and Selling at AGCO

In other news, SVP Kelvin Eugene Bennett sold 250 shares of the firm's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $106.18, for a total value of $26,545.00. Following the sale, the senior vice president directly owned 17,380 shares in the company, valued at approximately $1,845,408.40. This trade represents a 1.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 16.60% of the company's stock.

Institutional Investors Weigh In On AGCO

A number of hedge funds and other institutional investors have recently modified their holdings of AGCO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of 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 valued at $459,000 after buying an additional 1,567 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of AGCO by 29.7% in the first quarter. Jones Financial Companies Lllp now owns 650 shares of the industrial products company's stock valued at $61,000 after acquiring an additional 149 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of AGCO by 39.6% in the first 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 in the last quarter. Empowered Funds LLC boosted its holdings in shares of AGCO by 3.1% in the first 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 in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of AGCO by 109.2% in the first 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 in the last quarter. 78.80% of the stock is currently owned by institutional investors and hedge funds.

About AGCO

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses.