Deutsche Bank AG Takes Position in AGCO Corporation $AGCO

Deutsche Bank AG purchased a new position in AGCO Corporation (NYSE:AGCO - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 147,474 shares of the industrial products company's stock, valued at approximately $17,653,000. Deutsche Bank AG owned about 0.21% of AGCO at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position in AGCO by 951.9% during the 2nd 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 last quarter. Advisory Services Network LLC purchased a new position in AGCO in the third quarter worth about $33,000. Geneos Wealth Management Inc. lifted its stake 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 worth $34,000 after buying an additional 190 shares in the last quarter. Torren Management LLC bought a new position in shares of AGCO in the fourth quarter worth approximately $35,000. Finally, Elevation Wealth Partners LLC grew its holdings in shares of AGCO by 400.0% during the second quarter. Elevation Wealth Partners LLC now owns 290 shares of the industrial products company's stock valued at $35,000 after buying an additional 232 shares during the last quarter. Institutional investors own 78.80% of the company's stock.

AGCO Trading Up 2.7%

NYSE:AGCO opened at $106.86 on Friday. The company has a current ratio of 1.32, a quick ratio of 0.58 and a debt-to-equity ratio of 0.53. AGCO Corporation has a 12 month low of $98.22 and a 12 month high of $143.78. The company has a market cap of $7.48 billion, a PE ratio of 14.78, a price-to-earnings-growth ratio of 0.89 and a beta of 1.08. The company has a 50 day simple moving average of $111.24 and a two-hundred day simple moving average of $117.42.

AGCO (NYSE:AGCO - Get Free Report) last announced its earnings results on Thursday, July 30th. The industrial products company reported $1.43 earnings per share for the quarter, missing analysts' consensus estimates of $1.46 by ($0.03). The company had revenue of $2.61 billion for the quarter, compared to analysts' expectations of $2.75 billion. AGCO had a net margin of 5.15% and a return on equity of 10.09%. AGCO's quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.35 earnings per share. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. Research analysts forecast that AGCO Corporation will post 5.55 earnings per share for the current year.

AGCO Dividend Announcement

The company also recently announced 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. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.20 dividend on an annualized basis and a yield of 1.1%. AGCO's dividend payout ratio is currently 16.60%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. UBS Group reduced their price target on shares of AGCO from $123.00 to $114.00 and set a "neutral" rating for the company in a research report on Tuesday, August 4th. Truist Financial reaffirmed a "buy" rating and issued a $135.00 price objective (down from $159.00) on shares of AGCO in a research report on Friday, July 31st. Weiss Ratings lowered AGCO from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, July 31st. Oppenheimer decreased their price target on AGCO from $134.00 to $127.00 and set an "outperform" rating for the company in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. lowered their price target on AGCO from $143.00 to $130.00 and set an "overweight" rating on the stock in a report on Monday, July 13th. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, AGCO has an average rating of "Hold" and an average target price of $120.33.

Insider Transactions at AGCO

In other news, Director Lange Bob De purchased 1,000 shares of the business's stock in a transaction on Friday, August 14th. The stock was acquired at an average cost of $100.71 per share, for a total transaction of $100,710.00. Following the purchase, the director directly owned 18,717 shares in the company, valued at $1,884,989.07. This trade represents a 5.64% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the company's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $115.33, for a total transaction of $56,790,567.94. Following 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. Additional details regarding this sale are available in the official SEC disclosure. 0.62% of the stock is currently owned by corporate insiders.

More AGCO News

Here are the key news stories impacting AGCO this week:

• Positive Sentiment: Zacks Research raised its Q4 2026 EPS estimate to $2.24 from $2.21, suggesting somewhat better near-term earnings expectations. However, the full-year consensus remains $5.55 per share. MarketBeat AGCO estimates
• Positive Sentiment: AGCO is bringing Fendt and Massey Ferguson equipment to the “American Farming 2” mobile game. The partnership could expand consumer awareness of its brands and equipment, although the direct financial impact is likely limited initially. AGCO American Farming 2 partnership
• Neutral Sentiment: AGCO reported approximately $2.6 billion in quarterly net sales. Recent results showed revenue slightly below expectations and down about 1% year over year, indicating continued pressure in agricultural-equipment demand. AGCO quarterly net sales
• Neutral Sentiment: Two reports about a $70,000 fine concern the Alcohol and Gaming Commission of Ontario, commonly abbreviated AGCO, penalizing gaming supplier Booming Games. They do not involve AGCO Corporation and should not affect the agricultural-equipment company’s fundamentals. Ontario gaming regulator penalty
• Negative Sentiment: Zacks Research cut its 2027 EPS forecasts for AGCO’s first quarter to $1.20 from $1.35, third quarter to $1.42 from $1.64, and fourth quarter to $2.35 from $2.53. The broad reductions point to weaker expected profitability and are the clearest pressure on the stock’s outlook.

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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