AGCO (AGCO)

• Market cap: $7.38B
• 1 day: -2.77%
• 5 days: 4.37%
• 1 month: -4.08%
• 3 months: 1.51%
• 6 months: 10.55%
• Year to date: 8.33%
• 1 year: -8.18%
• 5 years: 44.24%
• 10 years: 98.44%
• 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 Q4 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

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

11.88% more ownership

Funds ownership: 83.0% [Q3] → 94.87% (+11.88%) [Q4]

9% more capital invested

Capital invested by funds: $6.07B [Q3] → $6.58B (+$517M) [Q4]

5% less repeat investments, than reductions

Existing positions increased: 143 | Existing positions reduced: 151

6% less funds holding

Funds holding: 435 [Q3] → 411 (-24) [Q4]

16% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 63

23% less call options, than puts

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

Research analyst outlook

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

• Low target: $95 4% downside
• Avg. target: $107 8% upside
• High target: $118 19% upside

5 analyst ratings

• positive: 3 60%
• neutral: 2 40%
• negative: 0 0%

Oppenheimer Kristen Owen 48% 1-year accuracy 19 / 40 met price target	10% upside $109	Outperform Maintained	28 Jan 2025
Truist Securities Jamie Cook 60% 1-year accuracy 54 / 90 met price target	19% upside $118	Buy Maintained	16 Jan 2025
JP Morgan Ann Duignan 75% 1-year accuracy 3 / 4 met price target	12% upside $111	Overweight Maintained	15 Jan 2025
Citigroup Kyle Menges 54% 1-year accuracy 14 / 26 met price target	4% downside $95	Neutral Maintained	14 Jan 2025
Morgan Stanley Angel Castillo 63% 1-year accuracy 12 / 19 met price target	2% upside $101	Equal-Weight Initiated	3 Dec 2024