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DULUTH, Georgia - Agricultural machinery manufacturer AGCO (NYSE:AGCO) announced Thursday its Board of Directors has declared a regular quarterly dividend of $0.29 per common share.
The dividend will be paid on September 15, 2025, to stockholders of record as of the close of business on August 15, 2025, according to a company press release.
AGCO, headquartered in Duluth, Georgia, designs, manufactures and distributes agricultural machinery and precision agriculture technology. The company operates through multiple brands including Fendt, Massey Ferguson, PTx and Valtra. With a market capitalization of $8.63 billion and a healthy current ratio of 1.53, AGCO maintains a strong financial position. According to InvestingPro’s comprehensive analysis, which includes 8 additional key insights available to subscribers, the company’s financial health score is rated as "FAIR."
The global agricultural equipment provider reported net sales of approximately $11.7 billion in 2024. While currently trading near its 52-week high, analysts expect the company to return to profitability this year despite recent challenges. For detailed financial analysis and expert insights, access AGCO’s complete Pro Research Report, available exclusively on InvestingPro.
In other recent news, AGCO Corporation announced a significant new $1 billion share repurchase program. This initiative, approved by the company’s Board of Directors, allows AGCO to buy back shares in open market transactions or through privately negotiated deals. The company emphasized that the timing and number of shares repurchased will depend on various factors, including market conditions and legal requirements. Additionally, AGCO has reached a resolution with Tractors and Farm Equipment Limited (TAFE), its largest shareholder, resolving all commercial and legal disputes. As part of this agreement, AGCO will receive $260 million, and TAFE will participate in the share repurchase program, offering AGCO more flexibility for buybacks. Following this resolution, both Truist Securities and Jefferies reiterated their Buy ratings on AGCO, with price targets of $112.00 and $120.00, respectively. Jefferies highlighted that the agreement limits TAFE’s ownership to 16.3% and allows AGCO to resume share repurchases without increasing TAFE’s stake. The resolution is seen as a positive development, enabling AGCO to focus on strategy execution and returning to profitable growth.
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