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AGCO Corporation

AGCO Corporation manufactures and distributes agricultural equipment and 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. The company also provides grain storage bins and related drying and handling equipment systems; seed-processing systems; swine and poultry feed storage and delivery systems; ventilation and watering systems; and egg production systems and broiler production equipment. In addition, it offers round and rectangular balers, loader wagons, self-propelled windrowers, forage harvesters, disc mowers, spreaders, rakes, tedders, and mower conditioners for harvesting and packaging vegetative feeds used in cattle, dairy, horse, and renewable fuel industries. Further, the company provides implements, including disc harrows leveling seed beds and mixing chemicals with the soils; heavy tillage to break up soil and mix crop residue into topsoil; field cultivators that prepare smooth seed bed and destroy weeds; drills for small grain seeding; planters and other planting equipment; and loaders. Additionally, it offers combines for harvesting grain crops, such as corn, wheat, soybeans, and rice; and application equipment, including self-propelled, three- and four-wheeled vehicles, and related equipment for liquid and dry fertilizers and crop protection chemicals, and for after crops emerge from the ground, as well as produces diesel engines, gears, and generating sets. The company markets its products under the Fendt, Massey Ferguson, PTx, and Valtra brands through a network of independent dealers and distributors. AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia.

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News & notes moving AGCO
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Deere Narrows Profit Outlook as Farm Recovery Seen in 2027

Deere & Co. narrowed its annual profit outlook as a stabilizing agriculture sector points to a more pronounced rebound next year for farm machinery. The company estimated net income for the fiscal year between $4.75 billion and $5 billion, compared with its previous outlook for $4.5 billion to $5 billion. Chief Executive Officer John May said 2026 will mark the bottom of the current ag equipment cycle, citing early order program trends, improving used-equipment inventories, and increasing customer adoption of advanced technologies. The outlook follows mixed signals from rivals, with CNH Industrial raising its annual outlook and AGCO trimming its estimates.
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Bloomberg·6dRead more ▾
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Deere set to report Q3 with cautious setup

Deere & Company is set to report fiscal third-quarter results on August 20, with investors expecting non-GAAP EPS of $4.67 and revenue of $10.74B. Analysts have made 18 downward EPS revisions and only five upward revenue revisions over the past three months, though Deere has beaten EPS and revenue estimates in seven of the past eight quarters. Seeking Alpha analyst Luca Socci said the stock has moved ahead of fundamentals as investors price in an agricultural recovery that has yet to appear in industry data. Recent results from CNH Industrial and AGCO pointed to soft North American demand, margin pressure, and possible pricing aggression, creating risks for Deere’s Production & Precision Agriculture business. In the second quarter, Production & Precision Agriculture sales fell 14% to $4.50B, while Construction & Forestry sales jumped 29% to $3.79B and Small Ag & Turf sales rose 16% to $3.49B. Management maintained fiscal 2026 net income guidance of $4.50B to $5.00B and cut its South American ag outlook to a 15% decline, mainly because of weaker conditions in Brazil.
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Seeking Alpha·7dRead more ▾
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AGCO Misses Q2 Estimates and Cuts Full-Year Guidance on Weak Farm Demand

AGCO reported second-quarter revenue of $2.61 billion, missing analyst estimates of $2.74 billion, and cut its full-year revenue guidance to $10.15 billion from $10.6 billion. GAAP earnings per share came in at $1.08, well below the $1.44 consensus. The agricultural machinery maker cited subdued demand in Europe and Latin America, elevated input costs for farmers, and cautious dealer inventory management. CEO Eric Hansotia noted that farmers are increasingly cautious, while CFO Damon Audia said the company will continue aligning output with retail demand. AGCO highlighted North American market share gains in high-horsepower tractors and hay tools, and a 35% year-over-year increase in adoption of its SymphonyVision precision agriculture system.
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StockStory·26dRead more ▾
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Agricultural Machinery Components Market to Reach $77.91 Billion by 2031

The global agricultural machinery components market is projected to grow from $58.12 billion in 2026 to $77.91 billion by 2031, registering a compound annual growth rate of 6.04%. Aging equipment fleets are driving replacement demand, with Italy's used tractor market reaching 57,000 units and an average machine age of 22 years. Precision farming retrofits are accelerating growth in electronic components, which are forecast to expand at an 8.1% CAGR through 2031. Engine components accounted for 28.4% of the market in 2025, while North America held a 32.7% revenue share. The report profiles 15 companies including Deere & Company, CNH Industrial, AGCO Corporation, and Kubota Corporation.
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GlobeNewswire·42dRead more ▾
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Deere reaches right-to-repair settlement with FTC and states

Deere has agreed to a right-to-repair settlement with the Federal Trade Commission and several states, granting farmers and independent repair shops broader access to its repair tools and software. The deal introduces new compliance obligations for Deere over the next decade, codifying how the company must share diagnostic tools, software, and parts outside its dealer network. The settlement resolves an open legal dispute and may reduce uncertainty around right-to-repair claims, though it adds a layer of regulatory oversight that could influence aftermarket revenue and customer relationships. Competitors such as AGCO, CNH Industrial, and Caterpillar also face scrutiny on repair access, so the agreement may set a reference point for the broader sector.
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Simply Wall St·47dRead more ▾
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DA Davidson initiates AGCO with Buy rating, $160 target as ag equipment sales bottom

DA Davidson initiated coverage of agricultural machinery manufacturer AGCO with a Buy rating and a $160 price target. Analyst Michael Shlisky noted that AGCO's focus on Europe, where agricultural trends are moderately healthy despite negative sentiment surveys, historically signals a good time to buy the stock. He added that North American ag equipment sales appear to have reached a bottom, with farmer cash incomes expected to rise in 2026 and 2027, positioning AGCO to outperform when the market recovers. AGCO has already doubled its operating margins from a prior trough of about 4% to the current roughly 8%, and management is targeting an additional 400 to 500 basis points of improvement from the prior mid-cycle level of 9%.
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Seeking Alpha·47dRead more ▾
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AGCO Launches Legacies Of The Land To Honor Farming Families

AGCO has launched its 'Legacies of the Land' campaign, honoring multi generational farming families across the United States. The initiative is tied to America's 250th anniversary, highlighting the cultural and historical role of agriculture in the country's development. The campaign aligns with AGCO's Farmer First strategy, focusing on long term engagement with core farming communities. AGCO enters this campaign with its stock trading at $116.49, up 10.1% year to date and 7.3% over the past year. The campaign is less about near term financial impact and more about strengthening AGCO's role in the agricultural community over time.
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Simply Wall St·52dRead more ▾
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AGCO Faces Revenue and Earnings Headwinds, Analysts Flag Risks

AGCO has been flagged as a risky investment due to sluggish long-term revenue growth, declining earnings per share, and falling returns on invested capital. Over the last five years, the company's sales grew at a compounded annual rate of just 1.6%, while its EPS dropped 16.3% over the past two years, outpacing the revenue decline. AGCO's ROIC has also decreased significantly, suggesting fewer profitable growth opportunities. The stock currently trades at 18 times forward earnings, or $116.54 per share, which analysts view as pricing in too much optimism.
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Yahoo Finance·54dRead more ▾
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Planting Equipment Market to Reach $29.44 Billion by 2031

The global planting equipment market is forecasted to grow from USD 21.74 billion in 2026 to USD 29.44 billion by 2031, achieving a CAGR of 6.3%. Growth is driven by advancements in digital agronomy tools, precision fertigation systems, and data-driven nutrient management platforms. The mechanical planting equipment segment holds a substantial market share due to its cost-effectiveness and reliability, while the planter segment is one of the fastest-growing, particularly for row crops like corn, soybeans, and cotton. Key players include Deere & Company, AGCO Corporation, and CNH Industrial N.V., among others.
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ResearchAndMarkets.com·57dRead more ▾
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