A
AGCO Corp D
D
AGCO
114.590
USD
-3.16
(-2.68%)
Market Closed
Volume
30,276
EPS
6
Div Yield
1.01
P/E
12
Market Cap
8,296,380,056
Title: AGCO Corp
Sector: Industrials
Industry: Farm & Heavy Construction Machinery
Agco is a global manufacturer of agricultural equipment. Its main machine brands are Fendt, Massey Ferguson, and Valtra; its initiatives in precision agriculture have been organized under the PTx umbrella following a series of acquisitions. While a global business, Agco's sales skew heavily toward Europe/Middle East, representing 50%-60% of sales and even more of operating profits. The company is trying to increase its exposure to the larger North and South American markets. Its products are available through a global dealer network, which includes over 3,000 dealer and distribution locations and reach into over 140 countries. Additionally, Agco offers retail and wholesale financing to customers through its unconsolidated joint venture with Rabobank of the Netherlands.