AGCO Corporation (NYSE:AGCO) Stock Now Rated "Hold" by Wall Street Analysts

Key Points

• AGCO has a consensus “Hold” rating from 14 analysts: two recommend selling, seven say hold and five recommend buying. The average 12-month price target is $123.92, above the reported share price of $103.47.
• AGCO’s latest quarterly results fell slightly short of expectations, with EPS of $1.43 versus the $1.46 consensus and revenue of $2.61 billion versus estimates of $2.75 billion; revenue declined 1% year over year.
• Insider selling has outweighed buying: insiders sold 497,622 shares worth about $57.5 million over the past three months, while institutional investors own 78.8% of the stock.

AGCO Corporation (NYSE:AGCO - Get Free Report) has been assigned a consensus rating of "Hold" from the fourteen research firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $123.92.

Several analysts have recently commented on AGCO shares. DA Davidson reissued a "buy" rating and set a $151.00 price target on shares of AGCO in a research note on Thursday, October 8th. Wall Street Zen cut shares of AGCO from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Wells Fargo & Company dropped their price objective on shares of AGCO from $132.00 to $117.00 and set an "equal weight" rating for the company in a research report on Friday, July 31st. Zacks Research raised AGCO from a "strong sell" rating to a "hold" rating in a report on Monday, October 5th. Finally, UBS Group decreased their price objective on AGCO from $123.00 to $114.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 4th.

AGCO Stock Down 2.6%

Shares of NYSE:AGCO opened at $103.47 on Friday. AGCO has a 12 month low of $98.22 and a 12 month high of $143.78. The company's 50-day moving average price is $113.79 and its two-hundred day moving average price is $114.66. The company has a quick ratio of 0.58, a current ratio of 1.32 and a debt-to-equity ratio of 0.53. The firm has a market cap of $7.25 billion, a P/E ratio of 14.31, a P/E/G ratio of 0.80 and a beta of 1.08.

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 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 quarter in the previous year, the business posted $1.35 EPS. The company's 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. As a group, research analysts forecast 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 on Friday, September 4th. The stock was sold at an average price of $132.89, for a total transaction of $132,890.00. Following the transaction, the senior vice president owned 14,047 shares of the company's stock, valued at $1,866,705.83. This represents a 6.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Lange De purchased 1,000 shares of the firm's stock in a transaction that occurred on Friday, August 14th. The stock was purchased at an average price of $100.71 per share, for a total transaction of $100,710.00. Following the acquisition, the director owned 18,717 shares of the company's stock, valued at $1,884,989.07. The trade was a 5.64% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders sold 497,622 shares of company stock worth $57,461,807. 0.62% of the stock is currently owned by company insiders.

Institutional Trading of AGCO

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in AGCO by 5.0% during the 2nd quarter. GAMMA Investing LLC now owns 1,963 shares of the industrial products company's stock valued at $235,000 after purchasing an additional 94 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of AGCO by 36.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 521 shares of the industrial products company's stock worth $60,000 after buying an additional 138 shares during the period. Cetera Investment Advisers grew its position in shares of AGCO by 1.2% during the 1st quarter. Cetera Investment Advisers now owns 13,000 shares of the industrial products company's stock worth $1,506,000 after buying an additional 155 shares during the period. Fortitude Family Office LLC grew its position in shares of AGCO by 234.8% during the 3rd quarter. Fortitude Family Office LLC now owns 231 shares of the industrial products company's stock worth $26,000 after buying an additional 162 shares during the period. Finally, Bradley Foster & Sargent Inc. CT raised its stake in shares of AGCO by 4.1% during the first quarter. Bradley Foster & Sargent Inc. CT now owns 4,313 shares of the industrial products company's stock worth $500,000 after buying an additional 168 shares during the last quarter. 78.80% of the stock is owned by institutional investors.

About AGCO

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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