AGCO (AGCO)

• Market cap: $7.04B
• 1 day: 0.10%
• 5 days: 3.42%
• 1 month: 20.67%
• 3 months: -5.54%
• 6 months: 0.34%
• Year to date: 3.43%
• 1 year: -19.34%
• 5 years: 90.98%
• 10 years: 85.58%
• Sector: Industrials
• Industry: Farm & Heavy Construction Machinery

About: Agco is a global manufacturer of agricultural equipment. Its main machine brands are Fendt, Massey Ferguson, and Valtra; its initiatives in precision agriculture have been organized under the PTx umbrella following a series of acquisitions. While a global business, Agco's sales skew heavily toward Europe/Middle East, representing 50%-60% of sales and even more of operating profits. The company is trying to increase its exposure to the larger North and South American markets. Its products are available through a global dealer network, which includes over 3,000 dealer and distribution locations and reach into over 140 countries. Additionally, Agco offers retail and wholesale financing to customers through its unconsolidated joint venture with Rabobank of the Netherlands.

Employees: 24,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]

12.07% more ownership

Funds ownership: 83.04% [Q3] → 95.11% (+12.07%) [Q4]

9% more capital invested

Capital invested by funds: $6.07B [Q3] → $6.6B (+$533M) [Q4]

6% less repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 155

3% less funds holding

Funds holding: 436 [Q3] → 421 (-15) [Q4]

13% less first-time investments, than exits

New positions opened: 58 | Existing positions closed: 67

23% less call options, than puts

Call options by funds: $10.6M | Put options by funds: $13.8M

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $75 21% downside
• Avg. target: $97 3% upside
• High target: $110 16% upside

6 analyst ratings

• positive: 3 50%
• neutral: 2 33%
• negative: 1 17%

Citigroup Kyle Menges 41% 1-year accuracy 17 / 41 met price target	16% upside $110	Buy Maintained	5 May 2025
Oppenheimer Kristen Owen 47% 1-year accuracy 15 / 32 met price target	12% upside $106	Outperform Maintained	22 Apr 2025
Morgan Stanley Angel Castillo 52% 1-year accuracy 14 / 27 met price target	21% downside $75	Underweight Downgraded	16 Apr 2025
Truist Securities Jamie Cook 50% 1-year accuracy 16 / 32 met price target	11% upside $105	Buy Maintained	8 Apr 2025
UBS Steven Fisher 45% 1-year accuracy 14 / 31 met price target	7% downside $88	Neutral Maintained	7 Apr 2025