AGCO Corporation $AGCO Stock Holdings Decreased by Artemis Investment Management LLP

Key Points

• Artemis Investment Management cut its position in AGCO by 54.1% in Q4, selling 10,829 shares and ending the quarter with 9,171 shares worth about $957,000.
• AGCO beat quarterly estimates (EPS $2.17 vs. $1.85 consensus; revenue $2.92B vs. $2.67B) and set FY2026 guidance of $5.50–$6.00 per share.
• Dividend raised to $0.30 quarterly (annualized $1.20, ~1.0% yield; ex-dividend May 15), while analysts' consensus rating is a Hold with a $123.09 target price.

Artemis Investment Management LLP reduced its position in AGCO Corporation (NYSE:AGCO - Free Report) by 54.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,171 shares of the industrial products company's stock after selling 10,829 shares during the quarter. Artemis Investment Management LLP's holdings in AGCO were worth $957,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. boosted its holdings in shares of AGCO by 1,721.4% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 255 shares of the industrial products company's stock valued at $27,000 after buying an additional 241 shares during the period. Pinnacle Bancorp Inc. acquired a new stake in AGCO during the third quarter worth about $29,000. EverSource Wealth Advisors LLC lifted its holdings in AGCO by 951.9% in the second quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company's stock worth $29,000 after acquiring an additional 257 shares during the last quarter. SJS Investment Consulting Inc. boosted its stake in AGCO by 3,725.0% in the third quarter. SJS Investment Consulting Inc. now owns 306 shares of the industrial products company's stock valued at $33,000 after acquiring an additional 298 shares during the period. Finally, Advisory Services Network LLC acquired a new position in AGCO in the third quarter valued at approximately $33,000. Institutional investors and hedge funds own 78.80% of the company's stock.

Insider Activity at AGCO

In other AGCO news, SVP Kelvin Eugene Bennett sold 2,300 shares of the business's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $137.04, for a total transaction of $315,192.00. Following the sale, the senior vice president directly owned 16,844 shares in the company, valued at approximately $2,308,301.76. The trade was a 12.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.62% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Weiss Ratings cut AGCO from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday. BMO Capital Markets boosted their price objective on AGCO from $110.00 to $115.00 and gave the company a "market perform" rating in a research report on Friday, February 6th. JPMorgan Chase & Co. upped their price objective on AGCO from $123.00 to $138.00 and gave the stock an "overweight" rating in a research note on Friday, February 6th. Oppenheimer increased their target price on AGCO from $132.00 to $136.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 22nd. Finally, Robert W. Baird set a $128.00 target price on AGCO in a research note on Friday, February 6th. Three equities 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. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $123.09.

AGCO Stock Down 2.0%

AGCO opened at $118.61 on Friday. The stock's 50 day moving average price is $120.84 and its 200 day moving average price is $114.66. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.39 and a quick ratio of 0.67. The stock has a market cap of $8.59 billion, a P/E ratio of 12.16, a P/E/G ratio of 0.85 and a beta of 1.12. AGCO Corporation has a 12 month low of $93.30 and a 12 month high of $143.78.

AGCO (NYSE:AGCO - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.85 by $0.32. AGCO had a return on equity of 9.39% and a net margin of 7.21%.The company had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.67 billion. During the same quarter in the previous year, the firm posted $1.97 EPS. The firm's quarterly revenue was up 1.1% on a year-over-year basis. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS. As a group, research analysts predict that AGCO Corporation will post 5.75 earnings per share for the current year.

AGCO Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, May 15th. This is a positive change from AGCO's previous quarterly dividend of $0.29. AGCO's dividend payout ratio is 11.90%.

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.

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