Davis Selected Advisers Boosts Holdings in AGCO Corporation $AGCO

Key Points

• Davis Selected Advisers increased its stake in AGCO by 13% in Q4 to about 2.05 million shares (roughly $214 million), making AGCO the firm's 26th-largest holding.
• AGCO beat expectations for the quarter with $2.17 EPS vs. $1.85 expected and $2.92B revenue vs. $2.67B expected, and set FY2026 guidance of $5.50–$6.00 EPS (analysts expect ~5.75).
• Dividend raised: AGCO increased its quarterly dividend to $0.30 (annualized $1.20), with an ex-dividend date of May 15 and payment on June 15, implying a ~1.0% yield.

Davis Selected Advisers increased its holdings in shares of AGCO Corporation (NYSE:AGCO - Free Report) by 13.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,048,835 shares of the industrial products company's stock after purchasing an additional 235,913 shares during the period. AGCO accounts for 1.0% of Davis Selected Advisers' investment portfolio, making the stock its 26th largest holding. Davis Selected Advisers owned 2.75% of AGCO worth $213,736,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. boosted its stake in AGCO by 1,721.4% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 255 shares of the industrial products company's stock worth $27,000 after purchasing an additional 241 shares during the period. Pinnacle Bancorp Inc. acquired a new stake in AGCO during the 3rd quarter worth $29,000. EverSource Wealth Advisors LLC boosted its stake in AGCO by 951.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company's stock worth $29,000 after purchasing an additional 257 shares during the period. SJS Investment Consulting Inc. boosted its stake in AGCO by 3,725.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 306 shares of the industrial products company's stock worth $33,000 after purchasing an additional 298 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in AGCO during the 3rd quarter worth $33,000. Institutional investors and hedge funds own 78.80% of the company's stock.

AGCO Stock Down 2.0%

AGCO stock opened at $118.61 on Friday. AGCO Corporation has a one year low of $93.30 and a one year high of $143.78. The stock has a market capitalization of $8.59 billion, a PE ratio of 12.16, a price-to-earnings-growth ratio of 0.86 and a beta of 1.12. 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 company has a fifty day moving average of $120.84 and a 200-day moving average of $114.59.

AGCO (NYSE:AGCO - Get Free Report) last released its earnings results on Thursday, February 5th. The industrial products company reported $2.17 EPS for the quarter, topping the consensus estimate of $1.85 by $0.32. AGCO had a net margin of 7.21% and a return on equity of 9.39%. The company had revenue of $2.92 billion during the quarter, compared to analysts' expectations of $2.67 billion. During the same quarter last year, the business earned $1.97 EPS. The business's 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, analysts expect that AGCO Corporation will post 5.75 EPS for the current year.

AGCO Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 15th will be paid a $0.30 dividend. This is a boost from AGCO's previous quarterly dividend of $0.29. The ex-dividend date is Friday, May 15th. This represents a $1.20 annualized dividend and a dividend yield of 1.0%. AGCO's dividend payout ratio (DPR) is 11.90%.

Insider Activity at AGCO

In other news, SVP Kelvin Eugene Bennett sold 2,300 shares of the firm's stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $137.04, for a total value of $315,192.00. Following the completion of the sale, the senior vice president owned 16,844 shares in the company, valued at approximately $2,308,301.76. This trade represents a 12.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.62% of the company's stock.

Analysts Set New Price Targets

AGCO has been the subject of a number of recent research reports. Truist Financial increased their price target on shares of AGCO from $134.00 to $152.00 and gave the stock a "buy" rating in a research note on Monday, February 9th. Citigroup increased their price target on shares of AGCO from $120.00 to $130.00 and gave the stock a "neutral" rating in a research note on Monday, February 9th. UBS Group reiterated a "neutral" rating and set a $127.00 price target on shares of AGCO in a research note on Friday, February 6th. BMO Capital Markets increased their price target on shares of AGCO from $110.00 to $115.00 and gave the stock a "market perform" rating in a research note on Friday, February 6th. Finally, Wells Fargo & Company set a $132.00 price target on shares of AGCO in a research note on Monday, February 9th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $123.09.

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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