AGCO (NYSE:AGCO) Major Shareholder Sells $56,790,567.94 in Stock

Key Points

• AGCO’s major shareholder sold 492,418 shares for approximately $56.8 million, reducing its stake by 14.03% to 3.02 million shares.
• AGCO reported quarterly EPS of $1.43, slightly below the $1.46 consensus, while revenue of $2.61 billion also missed estimates and declined 1% year over year. The company maintained fiscal 2026 EPS guidance of $5.50–$5.75.
• Shares were recently trading at $102.85, while analysts held a consensus “Hold” rating and an average price target of $120.33; AGCO also declared a quarterly dividend of $0.30 per share, yielding about 1.2% annually.

AGCO Corporation (NYSE:AGCO - Get Free Report) major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the company's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $115.33, for a total transaction of $56,790,567.94. Following the sale, the insider directly owned 3,017,565 shares of the company's stock, valued at approximately $348,015,771.45. This represents a 14.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.

AGCO Price Performance

Shares of NYSE:AGCO traded up $1.22 during midday trading on Friday, hitting $102.85. The company had a trading volume of 725,145 shares, compared to its average volume of 774,329. AGCO Corporation has a twelve month low of $99.21 and a twelve month high of $143.78. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 0.58. The stock has a market cap of $7.20 billion, a price-to-earnings ratio of 14.23, a price-to-earnings-growth ratio of 0.85 and a beta of 1.08. The business's 50-day simple moving average is $114.14 and its 200-day simple moving average is $118.36.

AGCO (NYSE:AGCO - Get Free Report) last released 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 $1.46 by ($0.03). The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.75 billion. AGCO had a return on equity of 10.09% and a net margin of 5.15%.The business's quarterly revenue was down 1.0% on a year-over-year basis. During the same period last year, the firm posted $1.35 EPS. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. On average, research analysts predict that AGCO Corporation will post 5.61 earnings per share for the current year.

AGCO Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, August 14th. AGCO's payout ratio is currently 16.60%.

Institutional Trading of AGCO

A number of hedge funds and other institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its stake in AGCO by 951.9% during the second quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company's stock worth $29,000 after buying an additional 257 shares during the period. Advisory Services Network LLC purchased a new position in shares of AGCO during the 3rd quarter worth approximately $33,000. Geneos Wealth Management Inc. increased its holdings in AGCO by 109.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 364 shares of the industrial products company's stock valued at $34,000 after purchasing an additional 190 shares during the last quarter. Torren Management LLC purchased a new stake in AGCO in the fourth quarter valued at approximately $35,000. Finally, Elevation Wealth Partners LLC raised its position in AGCO by 400.0% in the second quarter. Elevation Wealth Partners LLC now owns 290 shares of the industrial products company's stock valued at $35,000 after purchasing an additional 232 shares during the period. 78.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

AGCO has been the subject of a number of analyst reports. Morgan Stanley dropped their price objective on shares of AGCO from $110.00 to $99.00 and set an "underweight" rating for the company in a report on Tuesday. DA Davidson set a $151.00 target price on shares of AGCO in a research note on Friday, July 31st. Truist Financial reiterated a "buy" rating and issued a $135.00 target price (down from $159.00) on shares of AGCO in a report on Friday, July 31st. UBS Group dropped their price target on shares of AGCO from $123.00 to $114.00 and set a "neutral" rating for the company in a research note on Tuesday. Finally, JPMorgan Chase & Co. cut their price target on shares of AGCO from $143.00 to $130.00 and set an "overweight" rating for the company in a report on Monday, July 13th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently 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.

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