Brokers Offer Predictions for AGCO's Q3 Earnings (NYSE:AGCO)

Key Points

• Q3 EPS expectations were cut sharply: Zacks Research lowered its AGCO forecast to $0.93 per share from $1.37, while maintaining a full-year 2026 estimate of $5.55 per share.
• AGCO’s latest quarter missed consensus with EPS of $1.43 versus $1.46 expected, while revenue of $2.61 billion declined 1% year over year and fell short of the $2.75 billion estimate.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $120.33; AGCO also declared a quarterly dividend of $0.30 per share, implying a 1.1% annualized yield.

AGCO Corporation (NYSE:AGCO - Free Report) - Zacks Research lowered their Q3 2026 EPS estimates for AGCO in a report issued on Thursday, August 20th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $0.93 for the quarter, down from their prior estimate of $1.37. The consensus estimate for AGCO's current full-year earnings is $5.55 per share. Zacks Research also issued estimates for AGCO's FY2026 earnings at $5.55 EPS, Q2 2027 earnings at $1.77 EPS, FY2027 earnings at $6.74 EPS, Q1 2028 earnings at $1.94 EPS, Q2 2028 earnings at $2.53 EPS and FY2028 earnings at $8.92 EPS.

AGCO (NYSE:AGCO - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.46 by ($0.03). AGCO had a net margin of 5.15% and a return on equity of 10.09%. The business had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.75 billion. During the same period in the prior year, the firm earned $1.35 EPS. The business's revenue for the quarter was down 1.0% on a year-over-year basis. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS.

A number of other equities research analysts also recently issued reports on AGCO. Sanford C. Bernstein reissued a "market perform" rating and set a $108.00 price target on shares of AGCO in a research report on Friday, July 31st. Weiss Ratings cut AGCO from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, July 31st. UBS Group cut their target price on AGCO from $123.00 to $114.00 and set a "neutral" rating for the company in a research report on Tuesday, August 4th. Oppenheimer reduced their target price on AGCO from $134.00 to $127.00 and set an "outperform" rating on the stock in a report on Friday, July 31st. Finally, Morgan Stanley decreased their price target on AGCO from $110.00 to $99.00 and set an "underweight" rating on the stock in a research report on Tuesday, August 4th. Four equities 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 company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $120.33.

AGCO Stock Up 0.0%

Shares of AGCO opened at $106.86 on Monday. The company has a current ratio of 1.32, a quick ratio of 0.58 and a debt-to-equity ratio of 0.53. AGCO has a 12 month low of $98.22 and a 12 month high of $143.78. The firm's 50 day moving average is $111.24 and its 200-day moving average is $117.45. The stock has a market capitalization of $7.48 billion, a PE ratio of 14.78, a P/E/G ratio of 0.89 and a beta of 1.08.

Institutional Trading of AGCO

Several institutional investors and hedge funds have recently modified their holdings of AGCO. BlackRock Inc. acquired a new stake in shares of AGCO during the 2nd quarter valued at $701,908,000. Capital World Investors increased its holdings in AGCO by 309.0% in the 4th quarter. Capital World Investors now owns 2,403,349 shares of the industrial products company's stock worth $250,717,000 after purchasing an additional 1,815,741 shares in the last quarter. Norges Bank bought a new position in AGCO in the fourth quarter valued at about $78,202,000. Bank of New York Mellon Corp bought a new position in AGCO in the second quarter valued at about $64,273,000. Finally, Bank of America Corp DE bought a new stake in shares of AGCO during the second quarter worth about $62,281,000. 78.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other AGCO news, 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 sale, the insider owned 3,017,565 shares of the company's stock, valued at approximately $348,015,771.45. This trade represents a 14.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lange Bob De bought 1,000 shares of AGCO stock in a transaction on Friday, August 14th. The stock was acquired at an average cost of $100.71 per share, for a total transaction of $100,710.00. Following the acquisition, the director owned 18,717 shares in the company, valued at approximately $1,884,989.07. This represents a 5.64% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.62% of the company's stock.

AGCO Announces Dividend

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

Trending Headlines about AGCO

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: Zacks Research raised its Q4 2026 EPS estimate to $2.24 from $2.21, suggesting somewhat better near-term earnings expectations. However, the full-year consensus remains $5.55 per share. MarketBeat AGCO estimates
• Positive Sentiment: AGCO is bringing Fendt and Massey Ferguson equipment to the “American Farming 2” mobile game. The partnership could expand consumer awareness of its brands and equipment, although the direct financial impact is likely limited initially. AGCO American Farming 2 partnership
• Neutral Sentiment: AGCO reported approximately $2.6 billion in quarterly net sales. Recent results showed revenue slightly below expectations and down about 1% year over year, indicating continued pressure in agricultural-equipment demand. AGCO quarterly net sales
• Neutral Sentiment: Two reports about a $70,000 fine concern the Alcohol and Gaming Commission of Ontario, commonly abbreviated AGCO, penalizing gaming supplier Booming Games. They do not involve AGCO Corporation and should not affect the agricultural-equipment company’s fundamentals. Ontario gaming regulator penalty
• Negative Sentiment: Zacks Research cut its 2027 EPS forecasts for AGCO’s first quarter to $1.20 from $1.35, third quarter to $1.42 from $1.64, and fourth quarter to $2.35 from $2.53. The broad reductions point to weaker expected profitability and are the clearest pressure on the stock’s outlook.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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