Barclays PLC Sells 55,981 Shares of AGCO Corporation $AGCO

Key Points

• Barclays PLC reduced its AGCO stake by 14%, selling 55,981 shares and leaving 343,546 shares (about 0.46% of the company) valued at roughly $36.8 million.
• AGCO beat quarterly expectations with $2.17 EPS (vs. $1.85 est.) and $2.92B revenue (vs. $2.67B est.), and set FY2026 guidance of $5.50–$6.00 EPS, while analysts' consensus remains a Hold with a $122.73 target.
• The company announced a quarterly dividend of $0.29 per share (1.0% yield), with an ex-dividend date of Feb 13 and payment on Mar 16.

Barclays PLC lessened its position in AGCO Corporation (NYSE:AGCO - Free Report) by 14.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 343,546 shares of the industrial products company's stock after selling 55,981 shares during the quarter. Barclays PLC owned approximately 0.46% of AGCO worth $36,783,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Jupiter Asset Management Ltd. lifted its position in AGCO by 520.4% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 35,801 shares of the industrial products company's stock valued at $3,833,000 after acquiring an additional 30,030 shares during the period. Allspring Global Investments Holdings LLC purchased a new stake in AGCO in the third quarter worth about $1,126,000. Neo Ivy Capital Management purchased a new stake in AGCO in the second quarter worth about $817,000. Eisler Capital Management Ltd. purchased a new stake in AGCO in the second quarter worth about $15,979,000. Finally, Level Four Advisory Services LLC increased its stake in shares of AGCO by 3.0% during the second quarter. Level Four Advisory Services LLC now owns 81,011 shares of the industrial products company's stock valued at $8,357,000 after purchasing an additional 2,391 shares in the last quarter. 78.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, SVP Kelvin Eugene Bennett sold 2,300 shares of AGCO stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $137.04, for a total transaction of $315,192.00. Following the transaction, the senior vice president owned 16,844 shares in the company, valued at $2,308,301.76. This trade represents a 12.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 16.90% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AGCO. Citigroup lifted their target price on shares of AGCO from $120.00 to $130.00 and gave the company a "neutral" rating in a report on Monday, February 9th. Truist Financial raised their price objective on AGCO from $134.00 to $152.00 and gave the company a "buy" rating in a research report on Monday, February 9th. Weiss Ratings reiterated a "hold (c)" rating on shares of AGCO in a research note on Monday, December 22nd. Wall Street Zen raised AGCO from a "hold" rating to a "buy" rating in a report on Saturday. Finally, UBS Group reissued a "neutral" rating and issued a $127.00 target price on shares of AGCO in a research note on Friday, February 6th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $122.73.

AGCO Stock Down 1.6%

AGCO stock opened at $121.99 on Wednesday. The company has a market cap of $8.83 billion, a price-to-earnings ratio of 12.51, a P/E/G ratio of 0.88 and a beta of 1.13. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.67 and a current ratio of 1.39. The business's 50-day moving average is $122.42 and its two-hundred day moving average is $112.64. AGCO Corporation has a fifty-two week low of $73.79 and a fifty-two week high of $143.78.

AGCO (NYSE:AGCO - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.17 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.67 billion. During the same period in the previous year, the company posted $1.97 EPS. The business's quarterly revenue was up 1.1% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS. As a group, analysts forecast that AGCO Corporation will post 4.2 earnings per share for the current year.

AGCO Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 13th will be given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, February 13th. AGCO's payout ratio is 11.90%.

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.

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