AGCO Corp. (AGCO) announced the launch of a brand representing its precision ag portfolio, PTx. PTx integrates the precision agriculture technology from AGCO's tech stack's pillars, Precision Planting and its most recent joint venture, PTx Trimble. This move will facilitate AGCO’s rapid growth in technology transformation and provide seamlessly compatible, powerfully simple precision ag solutions.On Apr 1, 2024, AGCO announced that it completed the previously announced joint venture contract with Trimble (T ...

New leading brand combines precision technologies of Precision Planting and PTx TrimbleDULUTH, Ga., April 8, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced the launch of PTx, a new brand representing its precision ag portfolio. PTx combines precision ag technologies from the cornerstones of AGCO's tech stack: Precision Planting and its newest joint venture (JV), PTx Trimble ...

Young woman trading onlinegettyLet’s talk about five dividends that are set to soar when the Federal Reserve cuts interest rates.Not that these stocks need help. They are already in multi-year bull runs because they have the power of the “dividend magnet” on their side. This is a situation where dividend growth pulls a stock’s price higher and higher.Let’s take coffee giant Starbucks (SBUX) as an example. Starbucks has beaten the S&P 500 by more than 300 percentage points since 2010. That’s also the year in ...

AGCO Corp. (AGCO) informed that it completed the previously announced joint venture contract with Trimble (TRMB) . The JV, PTx Trimble, is now a new company with an 85% stake in AGCO and a 15% stake in Trimble. PTx Trimble's formation increases the overall technology offering of AGCO focused on guidance, autonomy, precision spraying, associated farming, data management and sustainability.The JV will benefit from Trimble's precision agriculture business and AGCO's JCA Technologies. PTx Trimble will give farm ...

Leading ag tech deal creates an industry-leading, mixed-fleet precision ag platform serving farmers globally DULUTH, Ga. and WESTMINSTER, Colo., April 1, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO) and Trimble (Nasdaq: TRMB) today announced the closing of their joint venture (JV) transaction. The JV, known as PTx Trimble, combines Trimble's precision agriculture business and AGCO's JCA Technologies to form a new company that will better serve farmers with factory fit and retrofit applications in the ...

Capuski/E+ via Getty Images I discovered this stock around the time of Charlie Munger's passing and it reminded me of one of his investment philosophies. He is said to have famously remarked, "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." But as I dived deeper into this company, I saw that its business model not only qualifies as wonderful but the business also presents itself at an incredibly wonderful price. Let me explain. A wonderful company AG ...

Ag Technician from AGCO dealership Java Farm Supply in North Java, New York, captures title after a three-day competition that highlighted the skills and abilities of ag equipment professionals.DULUTH, Ga., March 20, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, named Nick Nelson its 2023 Technician of the Year on March 1 in Hesston, Kansas. The award recognizes North American AGCO dealer ...

blinow61/iStock Editorial via Getty Images Introduction Is the market overvalued? That's an interesting debate, and opinions may differ. However, one thing is for sure, the market is not cheap. Looking at the data below, we see that the market is trading well above the 30-year average of key metrics, including the price/earnings ratio, the CAPE ratio, cash flow multiples, and others. JPMorgan Whereas investors who bought between 2014 and 2023 paid roughly 17x earnings (ignoring outliers), investors who ...

DULUTH, Ga., March 11, 2024 /PRNewswire/ -- AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 2024 JP Morgan Industrials Conference on Tuesday, March 12, 2024. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 3:35 p.m. Eastern Time. Investors may listen to a live webcast of the presenta ...

A month has gone by since the last earnings report for Agco (AGCO) . Shares have lost about 5.9% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Agco due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. AGCO Corp Earnings and Revenues Miss Estimates in Q4AGCO deliver ...