AGCO
AGCO

$103.52

1.65%

Market Cap: 7.72B

About: Agco is a global manufacturer of agricultural equipment. The company has five core brands: Fendt, Massey Ferguson, Challenger, Valtra, and GSI. Unlike its competitors, Agco's product line extends beyond self-propelled equipment and implements to grain handling systems and livestock management solutions. Its products are available through a global dealer network, which includes about 3,100 dealer and distribution locations. Agco offers retail and wholesale financing to customers through its joint venture with Rabobank, a European food- and agriculture-focused bank.

Employees: 27,900

Industrials Farm Machinery & Equipment

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 12 analysts

0

News positive %

of 10 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

2% more repeat investments, than reductions

Existing positions increased: 187 | Existing positions reduced: 184

1% more capital invested

Capital invested by funds: $7.14B [Q4 2023] → $7.23B (+$94.5M) [Q1 2024]

0.34% more ownership

Funds ownership: 78.51% [Q4 2023] → 78.85% (+0.34%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 3 (+0) [Q1 2024]

9% less call options, than puts

Call options by funds: $36.2M | Put options by funds: $39.7M

7% less funds holding

Funds holding: 535 [Q4 2023] → 497 (-38) [Q1 2024]

42% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 90

See Fund Rankings

Research analyst outlook

12 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$108

4%

upside

Avg. target

$132

28%

upside

High target

$154

49%

upside

12 analyst ratings

9 positive

75%

3 neutral

25%

0 negative

0%

Oppenheimer Kristen Owen	28%upside $132	Outperform Maintained	22 Jul 2024
Barclays Adam Seiden	6%upside $110	Equal-Weight Maintained	18 Jul 2024
Goldman Sachs Jerry Revich	8%upside $112	Neutral Maintained	11 Jul 2024
JP Morgan Ann Duignan	26%upside $130	Overweight Maintained	28 Jun 2024
Citigroup Kyle Menges	4%upside $108	Neutral Initiated	26 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about AGCO published over the past 30 days

AMERICAN INDUSTRIAL PARTNERS TO ACQUIRE AGCO'S GRAIN & PROTEIN BUSINESS

Investment will enable the Company to strengthen its high-quality grain / seed processing and storage solutions and its protein production systems, all critical to large-scale agriculture NEW YORK , July 25, 2024 /PRNewswire/ -- American Industrial Partners ("AIP"), an industrials investor, announced it has acquired the Grain & Protein division (the "Company") of AGCO Corporation (NYSE: AGCO), one of the world's largest designers, manufacturers and distributors of agricultural machinery and precision agriculture technology. The acquired Company designs, manufactures, and globally markets grain storage and seed processing equipment and solutions as well as feeding, watering, climate management and control systems for worldwide protein production, principally poultry, swine, and egg.

AMERICAN INDUSTRIAL PARTNERS TO ACQUIRE AGCO'S GRAIN & PROTEIN BUSINESS

AGCO Announces Definitive Agreement to Sell its Grain & Protein Business

DULUTH, Ga. , July 25, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced it has entered into a definitive agreement to sell the majority of its Grain & Protein business to American Industrial Partners ("AIP") in an all-cash transaction valued at $700 million, subject to working capital and other customary closing adjustments.

AGCO Announces Definitive Agreement to Sell its Grain & Protein Business

Zacks Investment Research

Earnings Preview: Agco (AGCO) Q2 Earnings Expected to Decline

Agco (AGCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Agco (AGCO) Q2 Earnings Expected to Decline

AGCO ANNOUNCES QUARTERLY DIVIDEND

DULUTH, Ga. , July 11, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on September 16, 2024, to all stockholders of record as of the close of business August 15, 2024.

AGCO ANNOUNCES QUARTERLY DIVIDEND

AGCO ANNOUNCES SECOND-QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

DULUTH, Ga. , July 10, 2024 /PRNewswire/ -- AGCO, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its second-quarter 2024 earnings release conference call is scheduled for Tuesday, July 30 at 10 a.m.

AGCO ANNOUNCES SECOND-QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

Anaergia Announces Revocation of Cease Trade Order

BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG) announced today that the cease trade order issued against the Company by the Ontario Securities Commission on April 8, 2024 has been revoked following the filing of all of Anaergia's outstanding periodic continuous disclosure documents as required under applicable securities legislation. The Company expects trading in its subordinate voting shares on the Toronto Stock Exchange to resume within the comi.

Anaergia Announces Revocation of Cease Trade Order

AGCO Power Opens Clean Energy Laboratory in Finland

NOKIA, Finland--(BUSINESS WIRE)--AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, and its subsidiary AGCO Power, today announced the opening of the company's first clean energy laboratory. The lab is part of a 70-million-euro investment (approximately $77 million) in the Linnavuori plant in Nokia, and will support development and testing of innovative, sustainable battery and powertrain solutions for farm machi.

AGCO Power Opens Clean Energy Laboratory in Finland

Zacks Investment Research

4 Farm Equipment Stocks to Watch Amid Industry Challenges

The Manufacturing - Farm Equipment industry is likely to bear the impact of low farm income in the near term. However, demand will eventually pick up, aided by growing demand for food.

4 Farm Equipment Stocks to Watch Amid Industry Challenges

Zacks Investment Research

AGCO Corp (AGCO) Restructures Dealership Network in Ohio

AGCO Corp (AGCO) transforms its dealership network in Ohio to broaden its scope and product offerings.

AGCO Corp (AGCO) Restructures Dealership Network in Ohio

AGCO Announces Transformation of Ohio Dealership Network

Tenured dealerships to provide comprehensive access and services for farmers to popular AGCO brands throughout the Buckeye State. AGCO announced the transformation of its dealership network in Ohio, which will see experienced dealers expand access to the manufacture's popular brands throughout the Buckeye State.

AGCO Announces Transformation of Ohio Dealership Network

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