Agco Corp is a global leader in the design, manufacture, and distribution of agricultural equipment and solutions
The company offers a wide range of products, including tractors, combines, planting and seeding equipment, hay and forage equipment, and crop care products. Agco serves farmers and agricultural service providers by enhancing their productivity and efficiency through innovative technologies and precision farming solutions. With a commitment to sustainability and optimizing farming practices, Agco aims to support the growing needs of the agricultural sector worldwide.
The earnings of CNH Industrial are expected to rebound in 2025 due to improved market conditions and company-specific catalysts. Analyst upgraded rating and set target price at $16.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the agricultural machinery industry, including The Toro Company (NYSETTC) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the agricultural machinery industry, including AGCO Corporation (NYSEAGCO) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the agricultural machinery industry, including Deere (NYSEDE) and its peers.
Tractors and Farm Equipment Limited (together with certain of its affiliates, “TAFE” or “we”) is the largest shareholder of AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) with a 16.3% long-term, strategic equity stake in the Company.
Over the past six months, AGCO Corporation’s stock price fell to $97.65. Shareholders have lost 7.4% of their capital, which is disappointing considering the S&P 500 has climbed by 11.9%. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Looking back on agricultural machinery stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Lindsay (NYSELNN) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Titan International (NYSETWI) and the best and worst performers in the agricultural machinery industry.
Tractors and Farm Equipment Limited (together with certain of its affiliates, “TAFE” or “we”), is the largest shareholder of AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) with a 16.3% long-term strategic ownership interest in the Company. Today, TAFE announced that it has submitted a 14a-8 shareholder proposal for inclusion in the Company’s proxy statement for its 2025 Annual Meeting of Shareholders to request that the Company adopt a policy requiring that AGCO’s Chair of the Board of Directors (the “Board”) be an independent director.
Agricultural and farm machinery company AGCO (NYSEAGCO) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 24.8% year on year to $2.60 billion. The company’s full-year revenue guidance of $12 billion at the midpoint came in 3.5% below analysts’ estimates. Its GAAP profit of $0.40 per share was also 58% below analysts’ consensus estimates.
Tractors and Farm Equipment Limited (“TAFE” or “we”) today announced that it has filed a contempt petition against AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) for violating an interim status quo order from the Commercial Court in Chennai by attempting to terminate TAFE’s right to use the Massey Ferguson brand in India. TAFE’s case regarding its ownership of the Massey Ferguson brand is ongoing in the Madras High Court.
Tractors and Farm Equipment Limited (together with certain of its affiliates, “TAFE” or “we”), is the largest shareholder of AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) with a 16.3% long-term strategic ownership interest in the Company. Today, TAFE issued the following open letter to its fellow shareholders.
