AGCO (NYSE:AGCO) Releases FY 2026 Earnings Guidance

Key Points

• FY 2026 guidance: AGCO set EPS guidance of $6.00 and revenue guidance of $10.5B–$10.7B, above the consensus EPS of $5.81 and matching/slightly above revenue expectations.
• Quarterly beat: AGCO reported Q results of $0.94 EPS (vs. $0.44 expected) and $2.34B in revenue (vs. $2.26B), with revenue up 14.3% year‑over‑year.
• Dividend increase: The company raised its quarterly dividend to $0.30 (from $0.29), payable June 15 with an ex‑dividend date of May 15, representing a 1.0% yield.

AGCO (NYSE:AGCO - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 6.000-6.000 for the period, compared to the consensus estimate of 5.810. The company issued revenue guidance of $10.5 billion-$10.7 billion, compared to the consensus revenue estimate of $10.5 billion.

AGCO Price Performance

AGCO stock opened at $121.12 on Tuesday. AGCO has a 52-week low of $93.30 and a 52-week high of $143.78. The firm has a market capitalization of $8.77 billion, a price-to-earnings ratio of 12.42, a PEG ratio of 0.85 and a beta of 1.12. The company has a fifty day simple moving average of $120.84 and a 200-day simple moving average of $114.71. The company has a quick ratio of 0.67, a current ratio of 1.39 and a debt-to-equity ratio of 0.54.

AGCO (NYSE:AGCO - Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.50. AGCO had a net margin of 7.21% and a return on equity of 9.39%. The firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the prior year, the firm posted $0.41 earnings per share. AGCO'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 anticipate that AGCO will post 5.75 EPS for the current fiscal year.

AGCO Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 15th will be issued a $0.30 dividend. This is an increase from AGCO's previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, May 15th. AGCO's payout ratio is currently 11.90%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. UBS Group reissued a "neutral" rating and issued a $127.00 price objective on shares of AGCO in a report on Friday, February 6th. Oppenheimer upped their price objective on shares of AGCO from $132.00 to $136.00 and gave the company an "outperform" rating in a report on Wednesday, April 22nd. Truist Financial upped their price objective on shares of AGCO from $134.00 to $152.00 and gave the company a "buy" rating in a report on Monday, February 9th. BMO Capital Markets upped their price objective on shares of AGCO from $110.00 to $115.00 and gave the company a "market perform" rating in a report on Friday, February 6th. Finally, Wall Street Zen raised shares of AGCO from a "hold" rating to a "buy" rating in a report on Saturday, March 7th. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $123.09.

Insider Activity

In other news, SVP Kelvin Eugene Bennett sold 2,300 shares of the business's stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $137.04, for a total value of $315,192.00. Following the sale, the senior vice president directly owned 16,844 shares of the company's stock, valued at approximately $2,308,301.76. The trade was a 12.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.62% of the company's stock.

Institutional Trading of AGCO

Several hedge funds have recently made changes to their positions in the business. Invesco Ltd. lifted its position in shares of 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 in the last quarter. Corient Private Wealth LLC lifted its position in shares of AGCO by 241.4% during the fourth quarter. Corient Private Wealth LLC now owns 38,668 shares of the industrial products company's stock worth $4,034,000 after purchasing an additional 27,342 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its position in shares of AGCO by 146.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 10,458 shares of the industrial products company's stock worth $1,091,000 after purchasing an additional 6,212 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of AGCO during the fourth quarter worth about $252,000. Finally, Mackenzie Financial Corp raised its holdings in AGCO by 10.2% in the fourth quarter. Mackenzie Financial Corp now owns 872,137 shares of the industrial products company's stock valued at $91,159,000 after acquiring an additional 80,952 shares in the last quarter. Institutional investors and hedge funds own 78.80% of the company's stock.

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.

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