18,682 Shares in AGCO Corporation $AGCO Acquired by Callan Family Office LLC

Callan Family Office LLC acquired a new stake in AGCO Corporation (NYSE:AGCO - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 18,682 shares of the industrial products company's stock, valued at approximately $2,236,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company increased its holdings in AGCO by 27.0% in the first quarter. The Manufacturers Life Insurance Company now owns 126,234 shares of the industrial products company's stock valued at $14,626,000 after purchasing an additional 26,862 shares during the last quarter. Bank of America Corp DE boosted its holdings in AGCO by 19.4% during the first quarter. Bank of America Corp DE now owns 543,955 shares of the industrial products company's stock worth $63,028,000 after buying an additional 88,571 shares during the last quarter. Entropy Technologies LP bought a new position in AGCO during the first quarter worth about $1,469,000. Wedge Capital Management L L P NC boosted its holdings in AGCO by 19.1% during the second quarter. Wedge Capital Management L L P NC now owns 111,374 shares of the industrial products company's stock worth $13,331,000 after buying an additional 17,846 shares during the last quarter. Finally, Weiss Asset Management LP acquired a new position in shares of AGCO during the 1st quarter worth about $1,659,000. 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 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.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

AGCO has been the subject of a number of recent analyst reports. Wall Street Zen cut AGCO from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Morgan Stanley reduced their price objective on shares of AGCO from $110.00 to $99.00 and set an "underweight" rating on the stock in a research note on Tuesday, August 4th. DA Davidson set a $151.00 price objective on shares of AGCO in a report on Friday, July 31st. Truist Financial reaffirmed a "buy" rating and issued a $135.00 target price (down from $159.00) on shares of AGCO in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. lowered their target price on shares of AGCO from $143.00 to $130.00 and set an "overweight" rating for the company in a research note on Monday, July 13th. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, AGCO currently has a consensus rating of "Hold" and a consensus price target of $120.33.

AGCO Trading Up 2.7%

NYSE AGCO opened at $106.86 on Friday. The firm has a market cap of $7.48 billion, a P/E ratio of 14.78, a P/E/G ratio of 0.89 and a beta of 1.08. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 0.58. The stock's 50-day moving average is $111.24 and its 200-day moving average is $117.42. AGCO Corporation has a one year low of $98.22 and a one year high of $143.78.

AGCO (NYSE:AGCO - Get Free Report) last released 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 business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.75 billion. During the same quarter last year, the firm earned $1.35 EPS. The company'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. Sell-side analysts anticipate that AGCO Corporation will post 5.55 earnings per share for the current fiscal year.

AGCO Dividend Announcement

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

AGCO 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.

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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