Agco Corp Stock Price, News & Analysis

AGCO (NYSE:AGCO) announced its participation in the Stifel 2021 Virtual Cross Sector Insight Conference on June 8, 2021. Andy Beck, the Senior VP and CFO, will present at 10:00 a.m. E.D.T. Investors can access the live webcast through the 'Investors' section of AGCO’s website. This event demonstrates AGCO's commitment to transparency and investor engagement. In 2020, AGCO reported net sales of approximately $9.1 billion, highlighting its status as a global leader in agricultural machinery and precision ag technology.

The AGCO Agriculture Foundation (AAF) awarded its 2020 AAF Award to Global Animal Partnership (G.A.P.) along with a $50,000 grant to support small-scale farmers in North America. This initiative aims to enhance animal welfare practices and assist farmers in obtaining necessary certifications. G.A.P. oversees standards impacting over 416 million farm animals across 3,900 farms. The project addresses barriers to certification by creating a peer network and supplier-based support, aligning with AGCO's sustainability commitments.

AGCO, a leading manufacturer of agricultural equipment, will present at the 2021 Virtual Wells Fargo Industrials Conference on May 6, 2021. Seth Crawford, Senior Vice President of Precision Ag and Digital, will speak at 2:00 p.m. E.D.T.. Investors can access the live webcast through the Investors section of AGCO's website, which will also archive the presentation afterwards. AGCO reported net sales of approximately $9.1 billion in 2020 and is headquartered in Duluth, Georgia.

AGCO reported a strong first quarter for 2021, with net sales reaching approximately $2.4 billion, a 23.4% increase from 2020. Net income was reported at $1.99 per share, while adjusted net income was $2.00 per share. Regional sales demonstrated significant growth, particularly in South America (56.3%) and Asia/Pacific/Africa (83.1%). The company has increased its quarterly dividend by 25% and raised its full-year sales and earnings outlook. Positive market demand and effective cost management were highlighted as key drivers of growth.

AGCO (NYSE:AGCO) announced its participation in the Virtual Oppenheimer Industrials Conference on May 5, 2021. Senior Vice President and Chief Financial Officer Andy Beck will present at 12:45 p.m. E.D.T. Investors can access a live webcast of the presentation via the Investors section of AGCO’s website. The webcast will also be archived afterwards. Founded in 1990, AGCO is a leading manufacturer and distributor of agricultural equipment, achieving net sales of approximately $9.1 billion in 2020. For more details, visit www.agcocorp.com.

AGCO (NYSE:AGCO) has announced a new capital return framework to enhance cash distribution to shareholders, which includes quarterly dividends, share repurchases, and an annual variable special dividend. The quarterly dividend has been increased by 25% from $0.16 to $0.20 per share, equating to an annual total of $0.80. Additionally, AGCO declared a variable special dividend of $4.00 per share, payable on June 1, 2021. The company plans to repurchase between $120 million and $150 million of its shares in 2021, with approximately $245 million remaining under board-approved authorizations.

AGCO, a global leader in agricultural equipment, has scheduled its 2021 First Quarter Earnings Release Conference Call for April 29 at 10:00 a.m. ET. Interested parties can access the call and presentation via AGCO's website. Founded in 1990 and headquartered in Duluth, Georgia, AGCO generated net sales of $9.1 billion in 2020, highlighting its strong position in the industry. The company offers a diverse range of brands, including Challenger and Massey Ferguson, and is committed to sustainable agriculture through innovative solutions.

AGCO, a leader in agricultural equipment, announced its participation in the Virtual BofA Global Research Global Industrials Conference on March 18, 2021. Senior Vice President and CFO Andy Beck will present at 10:00 a.m. E.D.T. Investors can access a live webcast of the presentation through the Investors section of AGCO's website, where it will also be archived. In 2020, AGCO reported net sales of $9.1 billion, showcasing its role in the agricultural sector with brands like Challenger®, Fendt®, GSI®, Massey Ferguson®, and Valtra®.