Corient Private Wealth LP Acquires New Stake in AGCO Corporation $AGCO

Key Points

• Corient Private Wealth LP acquired 102,488 AGCO shares worth approximately $12.3 million, representing about 0.15% of the agricultural-equipment maker. Institutional investors collectively own 78.8% of AGCO.
• Analyst sentiment remains cautious: AGCO has an average “Hold” rating and an average price target of $120.33, while several firms recently lowered their targets. Zacks reduced near-term EPS estimates, despite raising longer-term forecasts.
• AGCO’s latest quarter fell slightly short of expectations, with EPS of $1.43 and revenue of $2.61 billion; management maintained fiscal 2026 EPS guidance of $5.50–$5.75. The company also declared a quarterly dividend of $0.30 per share, yielding approximately 1.1%.

Corient Private Wealth LP bought a new position in shares of AGCO Corporation (NYSE:AGCO - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 102,488 shares of the industrial products company's stock, valued at approximately $12,268,000. Corient Private Wealth LP owned approximately 0.15% of AGCO at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. purchased a new stake in AGCO during the second quarter worth about $29,000. EverSource Wealth Advisors LLC boosted its stake in shares of AGCO by 951.9% in the second quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company's stock valued at $29,000 after purchasing an additional 257 shares during the period. Advisory Services Network LLC purchased a new position in shares of AGCO in the third quarter valued at approximately $33,000. Geneos Wealth Management Inc. grew its holdings in shares of AGCO by 109.2% in the first quarter. Geneos Wealth Management Inc. now owns 364 shares of the industrial products company's stock valued at $34,000 after purchasing an additional 190 shares in the last quarter. Finally, Torren Management LLC acquired a new position in shares of AGCO in the fourth quarter valued at approximately $35,000. 78.80% of the stock is currently owned by hedge funds and other institutional investors.

More 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.

Analysts Set New Price Targets

A number of research firms have issued reports on AGCO. Wall Street Zen lowered shares of AGCO from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Morgan Stanley dropped their price target on shares of AGCO from $110.00 to $99.00 and set an "underweight" rating for the company in a research note on Tuesday, August 4th. Oppenheimer cut their price objective on AGCO from $134.00 to $127.00 and set an "outperform" rating on the stock in a research report on Friday, July 31st. Truist Financial reiterated a "buy" rating and issued a $135.00 target price (down from $159.00) on shares of AGCO in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. lowered their target price on AGCO from $143.00 to $130.00 and set an "overweight" rating for the company in a research note on Monday, July 13th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, AGCO has an average rating of "Hold" and an average target price of $120.33.

Insider Buying and Selling at AGCO

In other AGCO news, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of AGCO stock in a transaction dated 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 completion of the sale, the insider directly owned 3,017,565 shares of the company's stock, valued at $348,015,771.45. The trade was a 14.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Lange Bob De acquired 1,000 shares of the stock in a transaction dated Friday, August 14th. The shares were acquired at an average cost of $100.71 per share, with a total value of $100,710.00. Following the completion of the transaction, the director owned 18,717 shares in the company, valued at approximately $1,884,989.07. This represents a 5.64% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.62% of the company's stock.

AGCO Stock Up 2.3%

Shares of AGCO stock opened at $113.44 on Friday. AGCO Corporation has a 52-week low of $98.22 and a 52-week high of $143.78. The company has a 50 day moving average of $111.07 and a 200 day moving average of $117.05. The company has a quick ratio of 0.58, a current ratio of 1.32 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $7.94 billion, a P/E ratio of 15.69, a P/E/G ratio of 0.94 and a beta of 1.08.

AGCO (NYSE:AGCO - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.43 EPS for the quarter, missing analysts' consensus estimates 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 prior year, the company posted $1.35 earnings per share. 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. As a group, research analysts forecast that AGCO Corporation will post 5.54 EPS for the current fiscal year.

AGCO Announces Dividend

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

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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