AGCO (NYSE:AGCO) Stock Price Target Raised at JPMorgan Chase & Co.

Key Points

• JPMorgan raised AGCO’s price target to $140 from $123 and maintained an “overweight” rating, implying about 29% upside from the reported share price.
• Analyst sentiment remains mixed: AGCO has an average “Hold” rating and a consensus target of $123.92, with recent targets ranging from $99 to $151.
• AGCO shares traded down 0.7% to $108.39 after the company slightly missed quarterly earnings and revenue estimates; insiders have also sold nearly $57.5 million of stock over the past three months.

AGCO (NYSE:AGCO - Get Free Report) had its price objective boosted by analysts at JPMorgan Chase & Co. from $123.00 to $140.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has an "overweight" rating on the industrial products company's stock. JPMorgan Chase & Co.'s price objective indicates a potential upside of 29.16% from the stock's current price.

A number of other analysts also recently weighed in on AGCO. Citigroup cut their price target on shares of AGCO from $125.00 to $115.00 and set a "neutral" rating on the stock in a research report on Monday, August 3rd. UBS Group lowered their target price on shares of AGCO from $123.00 to $114.00 and set a "neutral" rating for the company in a research note on Tuesday, August 4th. Morgan Stanley cut their target price on shares of AGCO from $110.00 to $99.00 and set an "underweight" rating on the stock in a report on Tuesday, August 4th. DA Davidson reissued a "buy" rating and set a $151.00 price target on shares of AGCO in a research report on Thursday. Finally, Wall Street Zen lowered shares of AGCO from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $123.92.

AGCO Trading Down 0.7%

Shares of AGCO stock traded down $0.76 during trading on Thursday, reaching $108.39. 870,265 shares of the company were exchanged, compared to its average volume of 841,670. The business has a 50-day moving average price of $113.56 and a 200-day moving average price of $115.09. The firm has a market capitalization of $7.59 billion, a price-to-earnings ratio of 14.99, a P/E/G ratio of 0.88 and a beta of 1.08. The company has a quick ratio of 0.58, a current ratio of 1.32 and a debt-to-equity ratio of 0.53. AGCO has a twelve month low of $98.22 and a twelve month high of $143.78.

AGCO (NYSE:AGCO - Get Free Report) last released its earnings results on Thursday, July 30th. The industrial products company reported $1.43 earnings per share for the quarter, missing the consensus estimate of $1.46 by ($0.03). AGCO had a net margin of 5.15% and a return on equity of 10.09%. The company had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.75 billion. During the same period in the previous year, the company posted $1.35 EPS. The company's quarterly revenue was down 1.0% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. Sell-side analysts anticipate that AGCO will post 5.55 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Kelvin Bennett sold 1,000 shares of the company's stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $132.89, for a total value of $132,890.00. Following the completion of the transaction, the senior vice president owned 14,047 shares in the company, valued at $1,866,705.83. This represents a 6.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the stock in a transaction on Wednesday, August 5th. The stock was 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 $348,015,771.45. This represents a 14.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 497,622 shares of company stock valued at $57,461,807. 0.62% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On AGCO

A number of large investors have recently added to or reduced their stakes in AGCO. QRG Capital Management Inc. lifted its holdings in shares of AGCO by 13.6% in the second quarter. QRG Capital Management Inc. now owns 2,820 shares of the industrial products company's stock valued at $338,000 after purchasing an additional 338 shares in the last quarter. MAC Alpha Capital Management LP grew its holdings in shares of AGCO by 8.1% during the second quarter. MAC Alpha Capital Management LP now owns 30,503 shares of the industrial products company's stock worth $3,652,000 after buying an additional 2,280 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in AGCO by 7.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,080 shares of the industrial products company's stock valued at $369,000 after buying an additional 215 shares during the last quarter. Tidal Investments LLC boosted its stake in shares of AGCO by 2.4% during the 2nd quarter. Tidal Investments LLC now owns 28,035 shares of the industrial products company's stock worth $3,356,000 after buying an additional 653 shares during the last quarter. Finally, Integrated Wealth Concepts LLC bought a new position in shares of AGCO in the 2nd quarter valued at about $684,000. Institutional investors own 78.80% of the company's stock.

More AGCO News

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: DA Davidson reaffirmed its Buy rating on AGCO and set a $151 price target, implying approximately 39% potential upside from the referenced share price. The target signals confidence in the company’s longer-term recovery and growth prospects.
• Positive Sentiment: Zacks Research upgraded AGCO from Strong Sell to Hold. While this is not a bullish rating, it removes a notably negative view and may modestly improve investor sentiment. AGCO Stock Rating Upgraded by Zacks Research
• Positive Sentiment: Zacks Research made modest upward revisions to its AGCO earnings forecasts, raising Q4 2027 EPS to $2.40 from $2.37 and Q3 2028 EPS to $1.89 from $1.88. The revisions suggest slightly improved expectations, although the changes are not large enough to materially alter the earnings outlook.
• Neutral Sentiment: AGCO announced that it will release third-quarter 2026 results and host a conference call on October 29. Investors may remain cautious ahead of the report, which could provide updates on demand, margins and full-year guidance. AGCO Announces Third-Quarter 2026 Earnings Release and Conference Call
• Neutral Sentiment: Recent coverage discussed AGCO’s transition toward precision agriculture and technology-driven growth. The strategy could support longer-term growth, but the articles did not announce specific financial targets or near-term results. AGCO Discusses Transition to Precision Agriculture and Technology-Driven Growth Strategy

AGCO Company Profile

AGCO Corporation NYSE: AGCO is a global manufacturer and distributor of agricultural equipment and related solutions. The company serves farmers, agricultural contractors and dealers through a portfolio that includes tractors, combines, harvesting equipment, seeding and planting machinery, hay and forage equipment, crop protection products, replacement parts and precision-agriculture technologies.

AGCO's principal brands include Fendt, Massey Ferguson, Valtra, Gleaner and PTx. Its precision-agriculture offerings are designed to help producers improve field productivity, equipment utilization and resource management through technologies such as guidance, connectivity, automation and data-based farm management.

Founded in 1990 through the acquisition of Deutz-Allis, AGCO expanded its international presence through subsequent acquisitions, including Massey Ferguson and Fendt.

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