Zacks Research Has Pessimistic Outlook of AGCO Q1 Earnings

AGCO Corporation (NYSE:AGCO - Free Report) - Zacks Research reduced their Q1 2026 earnings per share estimates for AGCO in a note issued to investors on Tuesday, June 17th. Zacks Research analyst S. Deb now expects that the industrial products company will earn $0.99 per share for the quarter, down from their previous estimate of $1.01. The consensus estimate for AGCO's current full-year earnings is $4.20 per share.

AGCO (NYSE:AGCO - Get Free Report) last posted its earnings results on Thursday, May 1st. The industrial products company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.03 by $0.38. The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.06 billion. AGCO had a positive return on equity of 10.60% and a negative net margin of 5.40%. The firm's revenue for the quarter was down 30.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.32 earnings per share.

AGCO has been the subject of several other reports. Citigroup restated a "neutral" rating and set a $110.00 target price on shares of AGCO in a research note on Friday, May 30th. Wall Street Zen raised AGCO from a "sell" rating to a "hold" rating in a research report on Tuesday, April 22nd. Robert W. Baird lowered AGCO from an "outperform" rating to a "neutral" rating and lowered their target price for the stock from $116.00 to $100.00 in a research report on Monday, March 3rd. Morgan Stanley increased their price target on AGCO from $75.00 to $84.00 and gave the stock an "underweight" rating in a report on Monday, May 12th. Finally, Oppenheimer reduced their target price on AGCO from $109.00 to $106.00 and set an "outperform" rating for the company in a research note on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $104.10.

AGCO Trading Up 0.4%

Shares of AGCO stock opened at $102.43 on Thursday. The company has a current ratio of 1.53, a quick ratio of 0.67 and a debt-to-equity ratio of 0.72. The stock has a market cap of $7.64 billion, a P/E ratio of -13.13, a price-to-earnings-growth ratio of 1.86 and a beta of 1.24. The stock has a 50 day simple moving average of $95.81 and a 200 day simple moving average of $95.84. AGCO has a 1 year low of $73.79 and a 1 year high of $108.76.

Institutional Investors Weigh In On AGCO

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD boosted its stake in AGCO by 7.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,985,474 shares of the industrial products company's stock valued at $646,648,000 after buying an additional 481,146 shares during the period. Dimensional Fund Advisors LP boosted its stake in AGCO by 12.1% during the first quarter. Dimensional Fund Advisors LP now owns 3,346,046 shares of the industrial products company's stock valued at $309,745,000 after buying an additional 361,965 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in AGCO by 14.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,306,812 shares of the industrial products company's stock valued at $306,112,000 after buying an additional 405,022 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in AGCO by 534.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,901,790 shares of the industrial products company's stock valued at $271,259,000 after buying an additional 2,444,615 shares during the period. Finally, Fuller & Thaler Asset Management Inc. boosted its stake in AGCO by 1.5% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,744,133 shares of the industrial products company's stock valued at $256,522,000 after buying an additional 39,966 shares during the period. Hedge funds and other institutional investors own 78.80% of the company's stock.

Insider Buying and Selling

In related news, SVP Kelvin Eugene Bennett sold 250 shares of AGCO stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $106.18, for a total value of $26,545.00. Following the completion of the transaction, the senior vice president now directly owns 17,380 shares in the company, valued at approximately $1,845,408.40. The trade was a 1.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 16.60% of the stock is currently owned by insiders.

AGCO Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Thursday, May 15th were issued a $0.29 dividend. The ex-dividend date was Thursday, May 15th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.13%. AGCO's dividend payout ratio (DPR) is presently -14.87%.

About AGCO

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses.

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