Canada Pension Plan Investment Board Makes New $3.63 Million Investment in AGCO Corporation $AGCO

Key Points

• Canada Pension Plan Investment Board purchased 30,300 AGCO shares worth approximately $3.63 million in the second quarter. Institutional investors and hedge funds now own 78.8% of the company.
• AGCO’s latest quarterly results missed expectations, with earnings of $1.43 per share versus the $1.46 consensus and revenue of $2.61 billion versus $2.75 billion expected. Revenue declined 1% year over year, while fiscal 2026 guidance remains $5.50–$5.75 per share.
• Analysts maintain a consensus “Hold” rating with an average price target of $120.33, while AGCO recently declared a quarterly dividend of $0.30 per share, representing a 1.1% annualized yield.

Canada Pension Plan Investment Board bought a new position in shares of AGCO Corporation (NYSE:AGCO - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 30,300 shares of the industrial products company's stock, valued at approximately $3,627,000.

A number of other large investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in AGCO during the second quarter worth approximately $701,908,000. Capital World Investors grew its position in shares of AGCO by 309.0% during the fourth quarter. Capital World Investors now owns 2,403,349 shares of the industrial products company's stock worth $250,717,000 after acquiring an additional 1,815,741 shares during the last quarter. Norges Bank purchased a new position in shares of AGCO during the fourth quarter worth approximately $78,202,000. Bank of New York Mellon Corp purchased a new position in shares of AGCO during the second quarter worth approximately $64,273,000. Finally, Invesco Ltd. increased its holdings in shares of AGCO by 20.6% in the 3rd quarter. Invesco Ltd. now owns 2,086,933 shares of the industrial products company's stock valued at $223,448,000 after acquiring an additional 356,560 shares during the period. 78.80% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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

AGCO Stock Up 0.0%

Shares of AGCO stock opened at $113.44 on Monday. The company has a market cap of $7.94 billion, a P/E ratio of 15.69, a PEG ratio of 0.94 and a beta of 1.08. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.58 and a current ratio of 1.32. AGCO Corporation has a one year low of $98.22 and a one year high of $143.78. The firm has a fifty day moving average of $111.07 and a two-hundred day moving average of $116.94.

AGCO (NYSE:AGCO - Get Free Report) last issued its earnings results 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 firm had revenue of $2.61 billion during the quarter, compared to analysts' expectations of $2.75 billion. During the same period in the previous year, the firm earned $1.35 EPS. The firm's revenue was down 1.0% on a year-over-year basis. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. On average, analysts forecast that AGCO Corporation will post 5.54 earnings per share for the current year.

AGCO Announces Dividend

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

Key AGCO News

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: Zacks Research raised its AGCO EPS forecasts for fiscal 2027 to $6.81 from $6.74, fourth-quarter 2027 to $2.37 from $2.35, first-quarter 2028 to $1.96 from $1.94, and fiscal 2028 to $9.05 from $8.92. These revisions suggest improved longer-term earnings expectations, although the firm retained a “Strong Sell” rating.
• Neutral Sentiment: AGCO will participate in Citi’s Global TMT Conference on September 9 and the Jefferies Global Industrials Conference on September 10. The events could provide updates on agricultural-equipment demand, cost savings and outlook, but no new financial targets were announced. AGCO to Present at Citi's 2026 Global TMT Conference AGCO to Present at the 2026 Jefferies Global Industrials Conference
• Neutral Sentiment: Brokerages give AGCO an average “Hold” recommendation, indicating limited conviction among analysts and potentially capping near-term upside.
• Neutral Sentiment: Two other articles concern unrelated gaming businesses. A $100,000 penalty issued by Ontario’s gaming regulator—also abbreviated AGCO—is not related to AGCO Corporation, and International Entertainment’s PAGCOR-licensed online gaming platform has no apparent connection to the farm-equipment manufacturer. AGCO issues $100,000 monetary penalty to NorthStar Gaming International Entertainment Details Rollout of New PAGCOR-Licensed Online Gaming Platform
• Negative Sentiment: Zacks cut its fiscal 2026 EPS estimate to $5.52 from $5.55, third-quarter 2026 to $0.87 from $0.93, first-quarter 2027 to $1.19 from $1.20, and second-quarter 2027 to $1.64 from $1.77. The reductions reinforce concerns about weaker near-term operating performance and contrast with the current-year consensus estimate of roughly $5.54.

Wall Street Analysts Forecast Growth

AGCO has been the subject of a number of recent research reports. Truist Financial reiterated a "buy" rating and set a $135.00 price target (down from $159.00) on shares of AGCO in a research note on Friday, July 31st. Morgan Stanley dropped 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 target price on shares of AGCO in a report on Friday, July 31st. Wall Street Zen downgraded shares of AGCO from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Finally, Sanford C. Bernstein reissued a "market perform" rating and set a $108.00 price target on shares of AGCO in a report on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $120.33.

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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