AGCO (NYSE:AGCO) Share Price Breaks Below 50 Day Moving Average - What's Next?

Key Points

• AGCO shares fell below their 50-day moving average, trading as low as $109.64 versus the $114.06 average, with the latest price near $111.72.
• Analyst sentiment is mixed but leans toward caution: AGCO has a consensus “Hold” rating and an average price target of $122.17, while recent firms issued downgrades and lowered targets.
• The company missed quarterly earnings and revenue estimates, reporting $1.43 in EPS and $2.61 billion in revenue; it also faces notable insider selling, although institutional investors own 78.8% of outstanding shares.

AGCO Corporation (NYSE:AGCO - Get Free Report) shares passed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $114.06 and traded as low as $109.64. AGCO shares last traded at $111.7150, with a volume of 984,009 shares.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AGCO. Zacks Research cut shares of AGCO from a "hold" rating to a "strong sell" rating in a research report on Friday, August 21st. Wall Street Zen downgraded AGCO from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. DA Davidson set a $151.00 target price on shares of AGCO in a report on Friday, July 31st. Weiss Ratings raised AGCO from a "hold (c)" rating to a "hold (c+)" rating in a research report on Monday. Finally, Citigroup lowered their price objective on AGCO from $125.00 to $115.00 and set a "neutral" rating on the stock in a research report on Monday, August 3rd. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $122.17.

AGCO Stock Performance

The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.58 and a current ratio of 1.32. The business's 50-day moving average price is $114.06 and its 200-day moving average price is $115.10. The stock has a market cap of $7.82 billion, a P/E ratio of 15.45, a P/E/G ratio of 0.86 and a beta of 1.08.

AGCO (NYSE:AGCO - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.43 EPS for the quarter, missing the consensus estimate of $1.46 by ($0.03). AGCO had a return on equity of 10.09% and a net margin of 5.15%.The company had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.75 billion. During the same period last year, the business earned $1.35 EPS. The firm's quarterly revenue was down 1.0% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. As a group, sell-side analysts expect that AGCO Corporation will post 5.55 earnings per share for the current fiscal year.

AGCO Announces Dividend

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

Insider Activity at AGCO

In related news, SVP Kelvin Bennett sold 1,000 shares of the business's stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $132.89, for a total value of $132,890.00. Following the transaction, the senior vice president directly owned 14,047 shares of the company's stock, valued at approximately $1,866,705.83. The trade was a 6.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder & Farm Equipment Ltd Tractors sold 492,418 shares of the business's stock in a transaction on 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 transaction, the insider directly owned 3,017,565 shares in the company, valued at $348,015,771.45. This trade represents a 14.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 497,622 shares of company stock worth $57,461,807 in the last three months. Corporate insiders own 0.62% of the company's stock.

Institutional Trading of AGCO

A number of institutional investors have recently bought and sold shares of AGCO. GAMMA Investing LLC increased its holdings in AGCO by 5.0% in the 2nd quarter. GAMMA Investing LLC now owns 1,963 shares of the industrial products company's stock worth $235,000 after acquiring an additional 94 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in AGCO by 36.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 521 shares of the industrial products company's stock valued at $60,000 after acquiring an additional 138 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of AGCO by 1.2% in the first quarter. Cetera Investment Advisers now owns 13,000 shares of the industrial products company's stock valued at $1,506,000 after purchasing an additional 155 shares during the last quarter. Bradley Foster & Sargent Inc. CT increased its stake in shares of AGCO by 4.1% in the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 4,313 shares of the industrial products company's stock worth $500,000 after acquiring an additional 168 shares during the last quarter. Finally, Optas LLC increased its position in AGCO by 9.8% during the first quarter. Optas LLC now owns 2,387 shares of the industrial products company's stock worth $277,000 after purchasing an additional 214 shares during the last quarter. 78.80% of the stock is currently owned by institutional investors.

About AGCO

AGCO Corporation NYSE: AGCO is a global manufacturer and distributor of agricultural equipment and related solutions. The company serves farmers, agricultural contractors and dealers through a portfolio that includes tractors, combines, harvesting equipment, seeding and planting machinery, hay and forage equipment, crop protection products, replacement parts and precision-agriculture technologies.

AGCO's principal brands include Fendt, Massey Ferguson, Valtra, Gleaner and PTx. Its precision-agriculture offerings are designed to help producers improve field productivity, equipment utilization and resource management through technologies such as guidance, connectivity, automation and data-based farm management.

Founded in 1990 through the acquisition of Deutz-Allis, AGCO expanded its international presence through subsequent acquisitions, including Massey Ferguson and Fendt.

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