AGCO

In the past six months, AGCO's stock gained 10.2% over 12 months and 13.04% in the last month as of September 22, 2026, despite a challenging agricultural equipment market. The company reported a significant decline in Q2 2026 net income to $74.8 million from $314.4 million in Q2 2025, attributed to operational challenges, increased tariffs, and restructuring efforts. In Q1 2026, net sales increased 14.3% to $2.3 billion, but North American industry retail tractor sales were down 8% and combine sales 7% lower year-over-year. Brazil's industry retail tractor sales decreased 10% and combine sales 38% in Q1 2026 due to high production costs, tight credit, and political dynamics, while Western Europe saw a 7% increase in retail tractor sales. In July 2026, AGCO's CEO noted equipment demand was "well-below historical levels" due to farmer uncertainty, the Iran conflict, and global trade disruptions, with year-to-date tractor sales down in North America and Brazil but up in Europe, and combine sales significantly down across most regions. Other events include CFO changes effective August 1, 2026, quarterly dividend announcements, and minor insider selling totaling US$538k over three months.