Zacks Research Has Positive Outlook for AGCO Q3 Earnings

Key Points

• Zacks Research raised its Q3 2026 EPS estimate for AGCO to $1.50 (from $1.33) and issued higher forward estimates including Q4 $2.21, FY2026 $5.57 and FY2028 $9.59.
• AGCO beat the most recent quarter with $2.17 EPS versus a $1.85 consensus and reported revenue of $2.92 billion, while setting FY2026 guidance of $5.50–$6.00 EPS.
• The company declared a $0.29 quarterly dividend (annualized $1.16, yield ~0.8%) payable March 16, and an SVP sold 2,300 shares in mid‑February.

AGCO Corporation (NYSE:AGCO - Free Report) - Investment analysts at Zacks Research lifted their Q3 2026 earnings per share (EPS) estimates for AGCO in a research report issued on Thursday, February 19th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $1.50 for the quarter, up from their prior forecast of $1.33. The consensus estimate for AGCO's current full-year earnings is $4.20 per share. Zacks Research also issued estimates for AGCO's Q4 2026 earnings at $2.21 EPS, FY2026 earnings at $5.57 EPS, Q1 2027 earnings at $1.42 EPS and FY2028 earnings at $9.59 EPS.

AGCO (NYSE:AGCO - Get Free Report) last announced its earnings results on Thursday, February 5th. The industrial products company reported $2.17 earnings per share for the quarter, beating 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 firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.67 billion. During the same quarter in the previous year, the company posted $1.97 EPS. The firm's revenue for the quarter was up 1.1% on a year-over-year basis. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS.

AGCO has been the subject of several other research reports. Wall Street Zen lowered shares of AGCO from a "buy" rating to a "hold" rating in a research report on Saturday. Weiss Ratings reissued a "hold (c)" rating on shares of AGCO in a report on Monday, December 22nd. Robert W. Baird set a $128.00 price objective on AGCO in a research note on Friday, February 6th. JPMorgan Chase & Co. lifted their price target on shares of AGCO from $123.00 to $138.00 and gave the company an "overweight" rating in a report on Friday, February 6th. Finally, Barclays boosted their price objective on AGCO from $93.00 to $105.00 and gave the company an "underweight" rating in a research report on Friday, February 6th. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, AGCO currently has a consensus rating of "Hold" and a consensus target price of $122.73.

AGCO Price Performance

AGCO stock opened at $137.76 on Monday. AGCO has a 1 year low of $73.79 and a 1 year high of $143.78. The company has a market cap of $9.97 billion, a price-to-earnings ratio of 14.13, a PEG ratio of 0.98 and a beta of 1.19. 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 firm has a 50 day moving average price of $116.30 and a 200 day moving average price of $111.04.

AGCO Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 13th will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, February 13th. AGCO's dividend payout ratio (DPR) is currently 11.90%.

Insider Buying and Selling

In other AGCO news, SVP Kelvin Eugene Bennett sold 2,300 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $137.04, for a total transaction of $315,192.00. Following the completion of the transaction, the senior vice president directly owned 16,844 shares of the company's stock, valued at approximately $2,308,301.76. This trade represents a 12.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 16.90% of the stock is currently owned by insiders.

Institutional Trading of AGCO

A number of hedge funds have recently bought and sold shares of AGCO. Capital World Investors increased its position in shares of AGCO by 309.0% in the fourth quarter. Capital World Investors now owns 2,403,349 shares of the industrial products company's stock worth $250,717,000 after acquiring an additional 1,815,741 shares in the last quarter. JPMorgan Chase & Co. grew its position in AGCO by 78.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,955,740 shares of the industrial products company's stock worth $201,755,000 after purchasing an additional 861,377 shares in the last quarter. Norges Bank purchased a new stake in shares of AGCO in the second quarter valued at $78,651,000. Massachusetts Financial Services Co. MA boosted its position in shares of AGCO by 32.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,840,125 shares of the industrial products company's stock worth $304,092,000 after buying an additional 700,558 shares during the period. Finally, Ninety One UK Ltd acquired a new stake in shares of AGCO in the third quarter worth $69,996,000. 78.80% of the stock is owned by hedge funds and other institutional investors.

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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