AGCO (AGCO)
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AGCO Leader Wins 2024 Women MAKE Award
Prnewswire· 2024-04-19 14:21
This prestigious honor recognizes women leaders in the manufacturing industry and encourages them to inspire inclusion through helping the next generation of female talent to pursue manufacturing careers. "Kimberly is a strong leader on our manufacturing team," said Dave Bellefeuille, assembly, warehouse and shipping manager. "She impresses me daily with her drive, positive attitude and dedication to our customers and her team. She is a role model for our whole team on how we put the customer at the center ...
Grains in Demand: 3 Agriculture Stocks to Ride the Food Shortage Wave
InvestorPlace· 2024-04-16 19:14
The world is grappling with profound challenges, including the Middle East conflict, the protracted war in Ukraine and widespread elections later this year. Consequently, looming food shortages underscore the importance of investing in the best agricultural stocks.The International Fund for Agricultural Development warns that the elections in 70 countries this year will likely disrupt efforts to ensure stable food supplies. Similarly, the UN World Food Programme reports a critical situation in West and Cent ...
AGCO Announces PTx Launch to Boost Technology Transformation
Zacks Investment Research· 2024-04-11 17:11
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 ...
AGCO Launches PTx, a Precision Ag Portfolio to Accelerate Technology Transformation
Prnewswire· 2024-04-08 15:50
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 ...
5 Dividend Growth Stocks I'm Watching This Quarter
Forbes· 2024-04-07 13:26
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) & Trimble Close JV to Form PTx Trimble
Zacks Investment Research· 2024-04-02 16:21
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 ...
AGCO and Trimble Close Joint Venture, Form PTx Trimble
Prnewswire· 2024-04-01 20:05
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 ...
AGCO Corporation: Wonderful Business Model, Quality Metrics, And Undervalued Opportunity
Seeking Alpha· 2024-03-24 03:41
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 ...
AGCO Names Nick Nelson 2023 NA Technician of the Year
Prnewswire· 2024-03-20 17:15
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 ...
AGCO May Be One Of The Cheapest (Special) Dividend Stocks On The Market
Seeking Alpha· 2024-03-13 19:14
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 ...