Zacks Research Weighs in on AGCO's Q3 Earnings (NYSE:AGCO)

Key Points

• Zacks Research raised AGCO’s longer-term earnings forecasts, including Q3 2027 EPS to $1.61 from $1.42, FY2027 EPS to $6.81 and FY2028 EPS to $9.05. Despite the increases, Zacks maintained a “Strong Sell” rating.
• AGCO’s latest quarterly results fell short of expectations, with EPS of $1.43 versus the $1.46 consensus and revenue of $2.61 billion versus $2.75 billion expected; revenue declined 1% year over year.
• Analyst sentiment remains cautious: AGCO carries an average “Hold” rating with a $120.33 price target, while several firms recently lowered their targets. The stock opened at $110.81, and the company declared a quarterly dividend of $0.30 per share.

AGCO Corporation (NYSE:AGCO - Free Report) - Investment analysts at Zacks Research raised their Q3 2027 earnings per share (EPS) estimates for shares of AGCO in a research note issued on Wednesday, August 26th. Zacks Research analyst Team now forecasts that the industrial products company will earn $1.61 per share for the quarter, up from their prior forecast of $1.42. Zacks Research has a "Strong Sell" rating on the stock. The consensus estimate for AGCO's current full-year earnings is $5.54 per share. Zacks Research also issued estimates for AGCO's Q4 2027 earnings at $2.37 EPS, FY2027 earnings at $6.81 EPS, Q1 2028 earnings at $1.96 EPS and FY2028 earnings at $9.05 EPS.

AGCO has been the topic of a number of other reports. Wells Fargo & Company dropped their target price on shares of AGCO from $132.00 to $117.00 and set an "equal weight" rating on the stock in a research note on Friday, July 31st. Weiss Ratings lowered shares of AGCO from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, July 31st. Truist Financial reiterated a "buy" rating and issued a $135.00 price objective (down from $159.00) on shares of AGCO in a research note on Friday, July 31st. Citigroup reduced their price objective on AGCO from $125.00 to $115.00 and set a "neutral" rating for the company in a report on Monday, August 3rd. Finally, DA Davidson set a $151.00 target price on AGCO in a research report on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $120.33.

AGCO Price Performance

AGCO opened at $110.81 on Friday. AGCO has a fifty-two week low of $98.22 and a fifty-two week high of $143.78. The firm has a 50-day moving average of $111.07 and a 200 day moving average of $117.08. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.58 and a current ratio of 1.32. The firm has a market cap of $7.76 billion, a P/E ratio of 15.33, a PEG ratio of 0.93 and a beta of 1.08.

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

AGCO Dividend Announcement

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

Insider Activity at AGCO

In other AGCO news, Director Lange Bob De purchased 1,000 shares of the stock in a transaction dated Friday, August 14th. The shares were bought at an average price of $100.71 per share, with a total value of $100,710.00. Following the completion of the transaction, the director directly owned 18,717 shares in the company, valued at approximately $1,884,989.07. This trade represents a 5.64% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of AGCO stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $115.33, for a total transaction of $56,790,567.94. Following the completion of the transaction, the insider owned 3,017,565 shares of the company's stock, valued at $348,015,771.45. This represents a 14.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.62% of the company's stock.

Hedge Funds Weigh In On AGCO

A number of large investors have recently made changes to their positions in the stock. Corient Private Wealth LP raised its stake in shares of AGCO by 21.5% during the 2nd quarter. Corient Private Wealth LP now owns 99,102 shares of the industrial products company's stock valued at $11,863,000 after purchasing an additional 17,562 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in AGCO in the 2nd quarter worth about $1,239,000. California State Teachers Retirement System boosted its stake in AGCO by 11,209.3% in the 2nd quarter. California State Teachers Retirement System now owns 8,316,277 shares of the industrial products company's stock worth $995,458,000 after purchasing an additional 8,242,742 shares during the period. Syon Capital LLC grew its holdings in AGCO by 13.4% during the 2nd quarter. Syon Capital LLC now owns 3,948 shares of the industrial products company's stock valued at $473,000 after buying an additional 466 shares in the last quarter. Finally, denkapparat Operations GmbH grew its holdings in AGCO by 47.3% during the 2nd quarter. denkapparat Operations GmbH now owns 6,410 shares of the industrial products company's stock valued at $767,000 after buying an additional 2,058 shares in the last quarter. 78.80% of the stock is owned by institutional investors.

More AGCO News

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: Zacks Research raised its FY2027 EPS forecast to $6.81 from $6.74 and its FY2028 forecast to $9.05 from $8.92. It also increased estimates for Q3 2027, Q4 2027 and Q1 2028, suggesting analysts see potential for earnings improvement over the longer term. AGCO analyst estimate updates
• Neutral Sentiment: Brokerages give AGCO an average recommendation of “Hold,” indicating limited conviction that the shares will outperform in the near term. AGCO receives average Hold recommendation
• Neutral Sentiment: AGCO will present at Citi’s 2026 Global TMT Conference on September 9. The event could provide updates on demand, margins and the company’s outlook, but no new financial information was announced. AGCO Citi conference presentation announcement
• Negative Sentiment: Zacks Research cut its FY2026 EPS estimate to $5.52 from $5.55, reduced Q3 2026 EPS to $0.87 from $0.93, and lowered Q1 2027 EPS to $1.19 from $1.20. These revisions point to weaker near-term earnings momentum and remain below or near the broader consensus forecast.
• Negative Sentiment: Zacks Research maintains a “Strong Sell” rating on AGCO despite raising several longer-term estimates. That rating may outweigh the modest forecast increases and reinforce investor concerns about valuation, cyclical demand and execution.

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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