Thompson Siegel & Walmsley LLC lifted its stake in Deere & Company (NYSE:DE) by 5.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,946 shares of the industrial products company’s stock after purchasing an additional 250 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Deere & were worth $611,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Kistler Tiffany Companies LLC boosted its position in shares of Deere & by 0.4% in the 1st quarter. Kistler Tiffany Companies LLC now owns 2,023 shares of the industrial products company’s stock worth $220,000 after purchasing an additional 8 shares during the last quarter. Nadler Financial Group Inc. boosted its position in shares of Deere & by 0.4% in the 2nd quarter. Nadler Financial Group Inc. now owns 2,704 shares of the industrial products company’s stock worth $334,000 after purchasing an additional 10 shares during the last quarter. Blue Chip Partners Inc. boosted its position in shares of Deere & by 0.3% in the 2nd quarter. Blue Chip Partners Inc. now owns 3,687 shares of the industrial products company’s stock worth $456,000 after purchasing an additional 10 shares during the last quarter. Guardian Life Insurance Co. of America boosted its position in shares of Deere & by 1.4% in the 1st quarter. Guardian Life Insurance Co. of America now owns 1,132 shares of the industrial products company’s stock worth $123,000 after purchasing an additional 16 shares during the last quarter. Finally, RMB Capital Management LLC boosted its position in shares of Deere & by 0.6% in the 1st quarter. RMB Capital Management LLC now owns 3,329 shares of the industrial products company’s stock worth $362,000 after purchasing an additional 19 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

In other Deere & news, insider Max A. Guinn sold 5,000 shares of the stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $130.89, for a total value of $654,450.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jean H. Gilles sold 12,361 shares of the stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $129.90, for a total transaction of $1,605,693.90. Following the completion of the sale, the insider now owns 74,981 shares of the company’s stock, valued at approximately $9,740,031.90. The disclosure for this sale can be found here. In the last ninety days, insiders sold 93,928 shares of company stock worth $11,379,013. 0.85% of the stock is owned by insiders.

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Several research analysts have recently issued reports on DE shares. Goldman Sachs Group, Inc. (The) upgraded Deere & from a “buy” rating to a “conviction-buy” rating and set a $129.75 price target on the stock in a research report on Monday, August 7th. ValuEngine upgraded Deere & from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub lowered Deere & from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 22nd. William Blair upgraded Deere & from an “underperform” rating to a “market perform” rating in a report on Thursday, June 1st. Finally, BMO Capital Markets lifted their target price on Deere & from $128.00 to $140.00 and gave the stock an “outperform” rating in a report on Tuesday, May 30th. Three equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and ten have assigned a buy rating to the stock. Deere & has a consensus rating of “Hold” and an average price target of $127.58.

Shares of Deere & Company (NYSE:DE) opened at 124.78 on Friday. The company has a 50 day moving average price of $121.41 and a 200-day moving average price of $118.58. Deere & Company has a 52-week low of $82.33 and a 52-week high of $132.50. The firm has a market cap of $40.09 billion, a P/E ratio of 20.72 and a beta of 0.70.

Deere & (NYSE:DE) last announced its quarterly earnings results on Friday, August 18th. The industrial products company reported $1.97 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.93 by $0.04. Deere & had a net margin of 6.81% and a return on equity of 25.96%. The business had revenue of $6.83 billion for the quarter, compared to analysts’ expectations of $6.92 billion. During the same quarter last year, the firm earned $1.55 EPS. The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. On average, analysts expect that Deere & Company will post $6.52 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 1st. Investors of record on Friday, September 29th will be given a $0.60 dividend. The ex-dividend date is Thursday, September 28th. This represents a $2.40 annualized dividend and a yield of 1.92%. Deere &’s payout ratio is 40.20%.

About Deere &

Deere & Company is engaged in equipment operations. The Company is engaged in providing financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The agriculture and turf segment manufactures and distributes a line of agriculture and turf equipment and related service parts.

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Institutional Ownership by Quarter for Deere & (NYSE:DE)

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