Equities Analysts Set Expectations for AGCO Q3 Earnings

Key Points

• Zacks Research has lowered AGCO's Q3 2026 earnings estimate to $1.53 per share, down from $1.54, maintaining a "Hold" rating on the stock.
• AGCO's Board of Directors has authorized a $1 billion share buyback program, indicating confidence in the company's stock value.
• AGCO announced a quarterly dividend of $0.29 per share, reflecting an annualized yield of about 1.1%.

AGCO Corporation (NYSE:AGCO - Free Report) - Research analysts at Zacks Research lowered their Q3 2026 earnings estimates for shares of AGCO in a report released on Monday, September 22nd. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $1.53 for the quarter, down from their prior estimate of $1.54. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for AGCO's current full-year earnings is $4.20 per share. Zacks Research also issued estimates for AGCO's Q4 2026 earnings at $2.02 EPS, FY2026 earnings at $6.11 EPS, Q1 2027 earnings at $1.53 EPS and FY2027 earnings at $7.53 EPS.

Several other research firms have also commented on AGCO. JPMorgan Chase & Co. reduced their price target on AGCO from $137.00 to $135.00 and set an "overweight" rating on the stock in a research report on Tuesday, September 2nd. UBS Group reiterated a "neutral" rating and set a $119.00 price objective (up previously from $100.00) on shares of AGCO in a research note on Friday, August 8th. Citigroup reduced their target price on shares of AGCO from $125.00 to $120.00 and set a "neutral" rating on the stock in a research report on Tuesday. Oppenheimer decreased their target price on shares of AGCO from $124.00 to $123.00 and set an "outperform" rating for the company in a research note on Thursday, September 18th. Finally, Wall Street Zen raised shares of AGCO from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $111.63.

AGCO Price Performance

Shares of NYSE AGCO opened at $109.61 on Wednesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.48 and a quick ratio of 0.67. AGCO has a 1-year low of $73.79 and a 1-year high of $121.16. The company has a market capitalization of $8.18 billion, a price-to-earnings ratio of 81.80, a PEG ratio of 1.74 and a beta of 1.20. The business has a 50-day moving average of $110.76 and a 200-day moving average of $101.57.

AGCO (NYSE:AGCO - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.35 earnings per share for the quarter, topping analysts' consensus estimates of $1.06 by $0.29. AGCO had a net margin of 0.98% and a return on equity of 8.27%. The firm had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.52 billion. During the same period in the prior year, the company earned $2.53 EPS. The firm's revenue was down 18.8% on a year-over-year basis. AGCO has set its FY 2025 guidance at 4.750-5.00 EPS.

Hedge Funds Weigh In On AGCO

Large investors have recently modified their holdings of the stock. Teacher Retirement System of Texas bought a new stake in AGCO in the first quarter valued at about $1,212,000. GAMMA Investing LLC increased its holdings in shares of AGCO by 66.9% in the 1st quarter. GAMMA Investing LLC now owns 908 shares of the industrial products company's stock valued at $84,000 after acquiring an additional 364 shares during the last quarter. Inspire Investing LLC raised its position in shares of AGCO by 64.0% during the 1st quarter. Inspire Investing LLC now owns 7,051 shares of the industrial products company's stock valued at $653,000 after acquiring an additional 2,752 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in AGCO by 9.0% during the first quarter. Envestnet Asset Management Inc. now owns 99,951 shares of the industrial products company's stock worth $9,252,000 after purchasing an additional 8,293 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in AGCO by 14.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,306,812 shares of the industrial products company's stock worth $306,112,000 after purchasing an additional 405,022 shares during the period. Institutional investors own 78.80% of the company's stock.

Insiders Place Their Bets

In other AGCO news, SVP Luis Fernando Sartini Felli sold 10,000 shares of the firm's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $109.40, for a total transaction of $1,094,000.00. Following the completion of the transaction, the senior vice president directly owned 16,189 shares of the company's stock, valued at $1,771,076.60. This trade represents a 38.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 16.90% of the stock is currently owned by corporate insiders.

AGCO Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 15th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, August 15th. AGCO's dividend payout ratio is 86.57%.

AGCO announced that its Board of Directors has authorized a share buyback program on Wednesday, July 9th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the industrial products company to repurchase up to 12.2% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its shares are undervalued.

AGCO Company Profile

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses.

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