& Farm Equipment Ltd Tractors Sells 422,590 Shares of AGCO (NYSE:AGCO) Stock

Key Points

• Major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of AGCO at an average price of $123.28 for about $52.1 million, trimming its position by 11.83% to 3,149,820 shares (≈$388.3M).
• Q1 results topped expectations: AGCO reported EPS of $0.94 vs. $0.44 estimated and revenue of $2.34B (up 14.3% YoY), and issued FY2026 guidance of 6.00 EPS with analysts around ~6.01 EPS.
• Dividend increased: the company raised its quarterly dividend to $0.30 (from $0.29), annualized $1.20 for about a 1.0% yield, with an ex-dividend date of May 15 and payment on June 15.

AGCO Corporation (NYSE:AGCO - Get Free Report) major shareholder & Farm Equipment Ltd Tractors sold 422,590 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $123.28, for a total transaction of $52,096,895.20. Following the completion of the sale, the insider owned 3,149,820 shares in the company, valued at $388,309,809.60. The trade was a 11.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.

AGCO Stock Performance

NYSE AGCO traded down $2.32 on Thursday, reaching $117.92. 530,722 shares of the company's stock traded hands, compared to its average volume of 802,501. AGCO Corporation has a fifty-two week low of $95.26 and a fifty-two week high of $143.78. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.67 and a current ratio of 1.29. The firm has a market cap of $8.54 billion, a price-to-earnings ratio of 11.37, a P/E/G ratio of 0.82 and a beta of 1.12. The stock has a 50 day moving average price of $119.72 and a 200-day moving average price of $114.92.

AGCO (NYSE:AGCO - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.94 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.50. AGCO had a return on equity of 9.99% and a net margin of 7.43%.The business had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same quarter last year, the business posted $0.41 EPS. The company's revenue was up 14.3% on a year-over-year basis. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS. Equities research analysts predict that AGCO Corporation will post 6.01 EPS for the current fiscal year.

AGCO Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 15th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.0%. This is a boost from AGCO's previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Friday, May 15th. AGCO's payout ratio is currently 11.90%.

Institutional Investors Weigh In On AGCO

A number of hedge funds have recently modified their holdings of AGCO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in AGCO by 46.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,958 shares of the industrial products company's stock valued at $459,000 after purchasing an additional 1,567 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in AGCO by 29.7% in the first quarter. Jones Financial Companies Lllp now owns 650 shares of the industrial products company's stock valued at $61,000 after acquiring an additional 149 shares during the last quarter. Goldman Sachs Group Inc. grew its position in AGCO by 39.6% in the first quarter. Goldman Sachs Group Inc. now owns 215,242 shares of the industrial products company's stock worth $19,925,000 after acquiring an additional 61,009 shares during the period. Empowered Funds LLC grew its position in AGCO by 3.1% in the first quarter. Empowered Funds LLC now owns 5,876 shares of the industrial products company's stock worth $544,000 after acquiring an additional 176 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in AGCO by 109.2% during the first quarter. Geneos Wealth Management Inc. now owns 364 shares of the industrial products company's stock worth $34,000 after acquiring an additional 190 shares during the last quarter. Hedge funds and other institutional investors own 78.80% of the company's stock.

Wall Street Analysts Forecast Growth

AGCO has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their target price on shares of AGCO from $123.00 to $138.00 and gave the stock an "overweight" rating in a research note on Friday, February 6th. Barclays raised their price objective on AGCO from $93.00 to $105.00 and gave the company an "underweight" rating in a report on Friday, February 6th. Oppenheimer set a $134.00 target price on AGCO in a research note on Wednesday. Weiss Ratings cut shares of AGCO from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, April 29th. Finally, UBS Group restated a "neutral" rating and set a $127.00 price objective on shares of AGCO in a research report on Friday, February 6th. Three 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, the company presently has a consensus rating of "Hold" and an average target price of $122.91.

AGCO Company Profile

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.

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