8-K - AGCO CORP /DE (0000880266) (Filer)

8-K - AGCO CORP /DE (0000880266) (Filer)

DEFA14A - AGCO CORP /DE (0000880266) (Filer)

10-Q - AGCO CORP /DE (0000880266) (Filer)

8-K - AGCO CORP /DE (0000880266) (Filer)

8-K - AGCO CORP /DE (0000880266) (Filer)

10-Q - AGCO CORP /DE (0000880266) (Filer)

8-K - AGCO CORP /DE (0000880266) (Filer)

8-K - AGCO CORP /DE (0000880266) (Filer)

8-K - AGCO CORP /DE (0000880266) (Filer)

DULUTH, Ga., Jan. 16, 2025 /PRNewswire/ -- AGCO (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on March 14, 2025, to all stockholders of record as of the close of business February 14, 2025. About AGCOAGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers value to farmers and OEM customers th

DULUTH, Ga., Jan. 10, 2025 /PRNewswire/ -- AGCO (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its fourth-quarter 2024 earnings release conference call is scheduled for Thursday, February 6 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO's website at www.agcocorp.com under the "Investors" section. The webcast will also be archived for 12 months immediately afterward. About AGCO

New farmer-focused solutions from AGCO Parts, Fendt, Precision Planting and PTx Trimble recognized for innovation and engineering excellence. DULUTH, Ga., Jan. 7, 2025 /PRNewswire/ -- AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, won five 2025 AE50 awards from the American Society of Agricultural and Biological Engineers (ASABE). Each year, ASABE recognizes products from the agricultural, food and biological industries for innovation, engineering advancement and market impact. AGCO's 2025 awards include offerings from its AGCO Parts, Fendt®, Precision Planting® and PTx Trimble™ branded products

Farmer-First Strategy Delivering Value for Farmers and Generating Higher Through-the-Cycle Returns for Shareholders NEW YORK, Dec. 19, 2024 /PRNewswire/ -- AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced new financial targets to investors at its 2024 Analyst Meeting as it remains focused on driving enhanced durability and profitability through the cycle. By 2029, AGCO is targeting to: Improve adjusted mid-cycle adjusted operating margins to 14%-15%1Outgrow the industry by

Tractors and Farm Equipment Limited (together with certain of its affiliates, "TAFE" or "we") is the largest shareholder of AGCO Corporation (NYSE:AGCO) ("AGCO" or the "Company") with a 16.3% long-term, strategic equity stake in the Company. Today, TAFE urged management to address the following questions during its upcoming Analyst Day, which is scheduled to be held at 9 A.M. Eastern Standard Time on December 19, 2024. TAFE believes these questions are of critical interest to shareholders and have a direct bearing on the Company's valuation relative to peers. TAFE's questions are in the context of AGCO's lagging performance compared to peers, successive quarters of performance misses and

Montana operator recognized for professionalism, agronomic skills and continuous service to area farmers and community DULUTH, Ga., Dec. 16, 2024 /PRNewswire/ -- AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, named Randy Bauwens of Town & Country Supply Association in Laurel, Montana, its 2024 Operator of the Year at the ARA Annual Conference & Expo in Houston on December 4. The annual award honors application professionals for their skills, dedication and service to their customers and local communities.

DULUTH, Ga., Dec. 10, 2024 /PRNewswire/ -- AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced Bob Crain, Senior Vice President (SVP) and General Manager, Grain & Protein, will retire at the end of December 2024 after nearly 19 years of dedicated service to AGCO and more than 30 years' experience in the agricultural equipment business. "Bob has been an invaluable asset not only to AGCO and our legacy but also to the broader agriculture industry," said Eric Hansotia, AGC

DULUTH, Ga., Dec. 6, 2024 /PRNewswire/ -- AGCO (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today it will conduct an analyst meeting in New York City on Thursday, December 19, 2024. The meeting will include presentations by Eric Hansotia, Chairman, President and Chief Executive Officer, Damon Audia, Senior Vice President and Chief Financial Officer, and Seth Crawford, Senior Vice President and General Manager, PTx. The event will begin at 9 a.m. Eastern Time and is expected to conclude by 11:40 a.m. Investors may also attend virtually and can access the webcast on AGCO's corporate website in the "Inv

DULUTH, Ga., Dec. 4, 2024 /PRNewswire/ -- AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, celebrated the grand opening of the AGCO Technician Training Center at Parkland College in Champaign, Illinois. The new 22,000 square-foot facility is the home of the school's AGCO Agriculture Service Technician Associate in Applied Science (A.A.S.) degree program, which provides instruction specific to the company's popular machinery and precision ag technologies. Made possible by a $5 million donation from AGCO Corporation, this advanced training center is set to revolutionize diesel technology education a

Believes That Requiring an Independent Chair Will Enhance Board Oversight, Increase Accountability and Improve Performance at AGCO Tractors and Farm Equipment Limited (together with certain of its affiliates, "TAFE" or "we"), is the largest shareholder of AGCO Corporation (NYSE:AGCO) ("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. TAFE believes

4 - AGCO CORP /DE (0000880266) (Issuer)

4 - AGCO CORP /DE (0000880266) (Issuer)

4 - AGCO CORP /DE (0000880266) (Issuer)

4 - AGCO CORP /DE (0000880266) (Issuer)

Morgan Stanley initiated coverage of AGCO Corp with a rating of Equal-Weight and set a new price target of $101.00

BMO Capital Markets initiated coverage of AGCO Corp with a rating of Market Perform and set a new price target of $96.00

Raymond James initiated coverage of AGCO Corp with a rating of Mkt Perform

Citigroup initiated coverage of AGCO Corp with a rating of Neutral and set a new price target of $108.00

Truist initiated coverage of AGCO Corp with a rating of Buy and set a new price target of $142.00

Goldman downgraded AGCO Corp from Buy to Neutral and set a new price target of $135.00 from $149.00 previously

Credit Suisse reiterated coverage of AGCO Corp with a rating of Outperform and set a new price target of $174.00 from $143.00 previously

Robert W. Baird initiated coverage of AGCO Corp with a rating of Outperform and set a new price target of $156.00

Morgan Stanley downgraded AGCO Corp from Overweight to Equal-Weight and set a new price target of $129.00 from $160.00 previously

Wells Fargo initiated coverage of AGCO with a rating of Overweight and set a new price target of $175.00

DULUTH, Ga., Jan. 16, 2025 /PRNewswire/ -- AGCO (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on March 14, 2025, to all stockholders of record as of the close of business February 14, 2025. About AGCOAGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers value to farmers and OEM customers th

DULUTH, Ga., Jan. 10, 2025 /PRNewswire/ -- AGCO (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its fourth-quarter 2024 earnings release conference call is scheduled for Thursday, February 6 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO's website at www.agcocorp.com under the "Investors" section. The webcast will also be archived for 12 months immediately afterward. About AGCO

Net sales of $2.6 billion, down 24.8% year-over-yearReported earnings per share of $0.40 and adjusted earnings per share(1) of $0.68Reaffirms full-year adjusted operating margin target of 9%Revised 2024 sales and earnings per share outlook reflects the Grain and Protein divestitureDULUTH, Ga., Nov. 5, 2024 /PRNewswire/ -- AGCO (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $2.6 billion for the third quarter ended September 30, 2024, a decrease of 24.8% compared to the third quarter of 2023. Reported net income was $0.40 per share for the third quarter of 2024 and adjusted net income(1) was

DULUTH, Ga., Oct. 24, 2024 /PRNewswire/ -- AGCO (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on December 16, 2024, to all stockholders of record as of the close of business November 15, 2024. About AGCO AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers value to farmers and OEM customers

DULUTH, Ga., Oct. 14, 2024 /PRNewswire/ -- AGCO (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its third-quarter 2024 earnings release conference call is scheduled for Tuesday, November 5 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO's website at www.agcocorp.com under the "Investors" Section. The webcast will also be archived for 12 months immediately afterward. About AGCO A

Believes Shareholder-Driven Changes to AGCO's Board and Strategy are Necessary Following Strategic Missteps and Execution Issues That Have Led to a Loss of Significant Market Share Reiterates TAFE's Commitment to Unlocking AGCO's Full Potential as a Long-Term, Strategic Investor That is Firmly Aligned With Fellow Shareholders Tractors and Farm Equipment Limited (together with certain of its affiliates, "TAFE" or "we"), is the largest shareholder of AGCO Corporation (NYSE:AGCO) ("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. *** September 30, 2024 Fellow Shareholders,

Reiterates confidence in company's Board and management team to execute Farmer-First strategy; Challenges TAFE's self-serving campaign DULUTH, Ga., Aug. 7, 2024 /PRNewswire/ -- AGCO (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today issued the following statement in response to TAFE's amended 13D filing: AGCO maintains an open dialogue with all stockholders and welcomes constructive input toward the shared goal of maximizing stockholder value. The Board of Directors is committed to acting in the

Net sales of $3.2 billion, down 15.1% year-over-yearReported earnings per share of $(4.92) and adjusted earnings per share(1) of $2.532024 sales and earnings outlook lowered in response to further softening market conditionsAgreement to divest the Grain & Protein business announced on July 25, 2024DULUTH, Ga., July 30, 2024 /PRNewswire/ -- AGCO (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $3.2 billion for the second quarter ended June 30, 2024, a decrease of 15.1% compared to the second quarter of 2023. Reported net loss was $(4.92) per share for the second quarter of 2024, which includes

DULUTH, Ga., July 11, 2024 /PRNewswire/ -- AGCO (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on September 16, 2024, to all stockholders of record as of the close of business August 15, 2024. About AGCO: AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers value to farmers and OEM cus

DULUTH, Ga., July 10, 2024 /PRNewswire/ -- AGCO, (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its second-quarter 2024 earnings release conference call is scheduled for Tuesday, July 30 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO's website at www.agcocorp.com under the "Investors" Section. The webcast will also be archived for 12 months immediately afterward. About AGCO: A

DULUTH, Ga., Dec. 10, 2024 /PRNewswire/ -- AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced Bob Crain, Senior Vice President (SVP) and General Manager, Grain & Protein, will retire at the end of December 2024 after nearly 19 years of dedicated service to AGCO and more than 30 years' experience in the agricultural equipment business. "Bob has been an invaluable asset not only to AGCO and our legacy but also to the broader agriculture industry," said Eric Hansotia, AGC

DULUTH, Ga., June 4, 2024 /PRNewswire/ -- AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology today welcomed the announcement of Parallel Ag's merger with the A.C. McCartney Equipment dealership in Illinois, including all five of its locations in Carthage, Durand, Fulton, Mt. Sterling and Wataga. All Illinois locations will continue to operate under the A.C. McCartney Equipment name and maintain existing leadership and staff for seamless continuity of sales and services to customers. The merger will provide AGCO's full lineup of popular brands and equipment, including Fendt® and Massey Ferguson®, thro

Acquisition of Rensselaer location and commitment to open a fifth Indiana store will expand Plevna sales and services across northern Indiana. AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, welcomed Plevna Implement's expansion into western Indiana with its recent announcement that it will purchase MacAllister Machinery's store in Rensselaer, Indiana, and has committed to opening a fifth Indiana store at a soon-to-be-announced location for coverage across much of the northern half of the state. All Plevna locations will provide Indiana farmers with full-line sales and service of AGCO's fast-

Hans-Bernd Veltmaat to retire as Chief Supply Chain Officer Tim Millwood appointed Chief Supply Chain Officer effective August 15, 2022 AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that its Board of Directors has appointed Tim Millwood to succeed Hans-Bernd Veltmaat as Senior Vice President and Chief Supply Chain Officer effective August 15, 2022. Mr. Millwood joins AGCO following a more than thirty-year career at Cummins Inc (NYSE:CMI), a global power technology leader, where he most recently served as Vice President, Global Manufacturing. Hans-Bernd Veltmaat ha

Andy Beck to retire as Chief Financial Officer Damon Audia appointed Chief Financial Officer effective July 1, 2022 AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that its Board of Directors has appointed Damon Audia to succeed Andy Beck as Senior Vice President and Chief Financial Officer (CFO) effective July 1, 2022. Mr. Audia joins AGCO from Kennametal Inc. (NYSE:KMT), an industrial technology leader specializing in tooling and wear-resistant solutions, where he served as the CFO since August 2018. Andy Beck will retire from AGCO in early 2023. He will serve as S

AGCO, Your Agriculture Company, (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today the election of David Sagehorn to its Board of Directors effective March 15, 2022. "We are pleased to have Dave join our Board," said Eric Hansotia, Chairman, President and CEO of AGCO Corporation. "His wealth of knowledge, financial expertise and his extensive experience in a company that produces technology-rich vehicles will be invaluable as we continue to evolve AGCO's smart solutions for our farmer customers. He will provide an important perspective and contribution to our Board." George Benson is retiring from

AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today the election of Niels Pörksen to its Board of Directors effective October 21, 2021. "We are delighted to have Niels join our Board," said Eric Hansotia, Chairman, President and CEO of AGCO Corporation. "His European experience and wealth of knowledge in the global agricultural industry will be invaluable as we continue to evolve AGCO's smart solutions for our farmer customers. He will provide an important perspective and contribution to our Board." Roy Armes is retiring from the Board of Directors effective October 21, 2021. "Roy has m

VANCOUVER, BC, Aug. 5, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced that, effective August 5, 2021, the Company has appointed Mr. Hubertus Muehlhaeuser to the Company's Board of Directors. Mr. Jim Roche, Chairman of Ballard's Board of Directors said, "We continue to ensure a strong matrix of diverse and complementary skills and experiences on our Board. Hubertus brings a strong background in industrial manufacturing, including commercial vehicles, construction machinery, agricultural machinery, and powertrain technologies.  His distinguis

DULUTH, Ga.--(BUSINESS WIRE)--AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, today commented in response to Tractors and Farm Equipment Limited’s (“TAFE”) recent Schedule 13D/A filing with the Securities and Exchange Commission. TAFE is a commercial partner of the Company and shareholder, whose Chairman and Managing Director, Ms. Srinivasan, serves as a non-independent director on the Company’s Board of Directors. TAFE’s Schedule 13D/A filing contains a letter to the Board making a number of misleading statements about the Company’s business, ongoing corporate governance enhancements and significant Board

DULUTH, Ga.--(BUSINESS WIRE)--AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today the election of Matthew Tsien to its Board of Directors effective January 22, 2021. “We are delighted to have Matthew join our Board,” said Eric Hansotia, Chairman, President and CEO of AGCO Corporation. “His wealth of knowledge and experience with technology and product development will be invaluable as we continue to evolve AGCO’s smart solutions for our farmer customers. He will provide an important perspective and contribution to our board.” Mr. Tsien, who is 60, is Executive Vice President, Chief Technology Officer at