AGCO (AGCO)

• Market cap: $7.59B
• 1 day: 1.69%
• 5 days: 12.36%
• 1 month: 4.99%
• 3 months: 0.81%
• 6 months: -1.06%
• Year to date: 11.37%
• 1 year: -11.65%
• 5 years: 36.02%
• 10 years: 133.39%
• Sector: Industrials
• Industry: Farm Machinery & Equipment

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

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1% more capital invested

Capital invested by funds: $6.01B [Q2] → $6.07B (+$59.7M) [Q3]

0.79% more ownership

Funds ownership: 82.21% [Q2] → 83.0% (+0.79%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

9% less funds holding

Funds holding: 475 [Q2] → 433 (-42) [Q3]

10% less call options, than puts

Call options by funds: $13.9M | Put options by funds: $15.5M

25% less repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 181

38% less first-time investments, than exits

New positions opened: 55 | Existing positions closed: 89

Research analyst outlook

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

• Low target: $95 7% downside
• Avg. target: $106 4% upside
• High target: $118 16% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

Truist Securities Jamie Cook 66% 1-year accuracy 57 / 86 met price target	16% upside $118	Buy Maintained	16 Jan 2025
JP Morgan Ann Duignan 60% 1-year accuracy 3 / 5 met price target	9% upside $111	Overweight Maintained	15 Jan 2025
Citigroup Kyle Menges 58% 1-year accuracy 14 / 24 met price target	7% downside $95	Neutral Maintained	14 Jan 2025
Morgan Stanley Angel Castillo 53% 1-year accuracy 8 / 15 met price target	1% downside $101	Equal-Weight Initiated	3 Dec 2024
Goldman Sachs Jerry Revich 49% 1-year accuracy 18 / 37 met price target	3% downside $99	Neutral Maintained	6 Nov 2024