Dimensional Fund Advisors Reports A 5.3% Passive Stake In AGCO, Its SEC Filing Shows
The Schedule 13G covers 3,722,188 shares held by funds Dimensional advises, and certifies no intent to influence control.
Dimensional Fund Advisors LP holds 5.3% of AGCO's common stock, or 3,722,188 shares, according to a Schedule 13G, a passive ownership disclosure, filed Thursday. The event date in the filing is September 30.
What the filing says
Dimensional reported sole voting power over 3,654,609 of the shares and no shared voting power, per the SEC filing.
The filing says every share is owned by funds Dimensional advises or manages, and that Dimensional disclaims beneficial ownership of them. To Dimensional's knowledge, no single fund's interest exceeds 5% of the class.
The signer certified that the shares were bought and are held in the ordinary course of business, not to change or influence control of AGCO.
What it changes
Nothing about control. A passive filing of this kind records a large holder that says it is not seeking influence over the company.
AGCO shares were $108.69, down 0.42%, in Thursday trading as of 2:37 p.m. ET (market data), for a market value of $7.6 billion.
The week around the filing
Shares of Deere, AGCO and CNH Industrial fell Wednesday after U.S. regulators opened a broad inquiry into competition and business practices in agricultural equipment.
AGCO also restructured its executive team on October 5, cutting one member. CEO Eric Hansotia has said the company is "transitioning rapidly into becoming a technology company," per Yahoo Finance, which also reported a goal of $2 billion in revenue from the PTx precision-technology business by 2029.
Truist Securities raised its price target on AGCO to $146 with a Buy rating.
The filing's own line is the one to hold onto: the shares sit in funds, and Dimensional says it is not trying to steer AGCO.
Sources
- SCHEDULE 13G — Dimensional Fund Advisors LP re: AGCO Corp (AGCO) — SEC EDGAR
- AGCO’s $2 Billion PTx Bet: How Precision Tech Is Reshaping the Farm — Yahoo Finance
- Deere, AGCO, CNH shares slide as U.S. regulators probe farm equipment market (DE:NYSE) | Seeking Alpha — seekingalpha.com
- Truist Securities Maintains Buy on AGCO, Raises Price Target to $146 - AGCO (NYSE:AGCO) — benzinga.com
- AGCO Restructures Executive Leadership Team — prnewswire.com
- AGCO Tech Day 2026 Spotlights Autonomy, AI and Mixed-Fleet Solutions to Enhance Farmer Profitability — prnewswire.com
