Brokers Set Expectations for AGCO’s Q4 Earnings (NYSE:AGCO)

AGCO Co. (NYSE:AGCOFree Report) – Analysts at Zacks Research reduced their Q4 2026 earnings per share (EPS) estimates for AGCO in a research report issued to clients and investors on Tuesday, April 1st. Zacks Research analyst S. Deb now forecasts that the industrial products company will post earnings of $1.91 per share for the quarter, down from their previous forecast of $1.94. The consensus estimate for AGCO’s current full-year earnings is $4.20 per share.

A number of other equities research analysts have also recently commented on the company. Robert W. Baird cut AGCO from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $116.00 to $100.00 in a research note on Monday, March 3rd. Oppenheimer lifted their target price on shares of AGCO from $108.00 to $109.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 28th. Truist Financial upped their price target on shares of AGCO from $109.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, January 16th. JPMorgan Chase & Co. lifted their price objective on shares of AGCO from $102.00 to $111.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 15th. Finally, Citigroup upped their target price on AGCO from $95.00 to $98.00 and gave the company a “neutral” rating in a research report on Monday, March 17th. Ten research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $104.60.

View Our Latest Stock Analysis on AGCO

AGCO Stock Performance

Shares of AGCO opened at $92.49 on Thursday. The company has a current ratio of 1.34, a quick ratio of 0.63 and a debt-to-equity ratio of 0.60. The firm has a market cap of $6.90 billion, a PE ratio of -16.25, a P/E/G ratio of 1.80 and a beta of 1.24. AGCO has a 12 month low of $84.35 and a 12 month high of $125.76. The stock has a fifty day moving average price of $97.94 and a 200-day moving average price of $97.00.

AGCO (NYSE:AGCOGet Free Report) last issued its quarterly earnings data on Thursday, February 6th. The industrial products company reported $1.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.04). AGCO had a positive return on equity of 13.40% and a negative net margin of 3.64%.

AGCO Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 14th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.25%. AGCO’s payout ratio is currently -20.39%.

Institutional Trading of AGCO

A number of hedge funds have recently modified their holdings of AGCO. CIBC Asset Management Inc lifted its holdings in AGCO by 5.1% in the fourth quarter. CIBC Asset Management Inc now owns 2,265 shares of the industrial products company’s stock valued at $212,000 after acquiring an additional 110 shares during the period. Inspire Investing LLC increased its holdings in shares of AGCO by 2.8% during the 4th quarter. Inspire Investing LLC now owns 4,299 shares of the industrial products company’s stock valued at $402,000 after purchasing an additional 118 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of AGCO by 2.4% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 6,207 shares of the industrial products company’s stock valued at $580,000 after purchasing an additional 144 shares during the period. Neuberger Berman Group LLC lifted its stake in shares of AGCO by 2.3% in the 4th quarter. Neuberger Berman Group LLC now owns 6,552 shares of the industrial products company’s stock valued at $612,000 after purchasing an additional 145 shares during the period. Finally, Arizona State Retirement System grew its position in AGCO by 0.8% during the fourth quarter. Arizona State Retirement System now owns 18,414 shares of the industrial products company’s stock valued at $1,721,000 after buying an additional 150 shares during the period. Hedge funds and other institutional investors own 78.80% of the company’s stock.

AGCO Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for AGCO (NYSE:AGCO)

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