Deere & Company $DE Shares Sold by Narwhal Capital Management

Narwhal Capital Management lessened its position in Deere & Company (NYSE:DE) by 82.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 758 shares of the industrial products company’s stock after selling 3,627 shares during the quarter. Narwhal Capital Management’s holdings in Deere & Company were worth $353,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of DE. Verdence Capital Advisors LLC grew its position in Deere & Company by 2.7% in the 4th quarter. Verdence Capital Advisors LLC now owns 773 shares of the industrial products company’s stock valued at $360,000 after acquiring an additional 20 shares in the last quarter. Bouchey Financial Group Ltd lifted its position in shares of Deere & Company by 4.4% during the third quarter. Bouchey Financial Group Ltd now owns 500 shares of the industrial products company’s stock worth $229,000 after purchasing an additional 21 shares in the last quarter. Silvant Capital Management LLC lifted its position in shares of Deere & Company by 0.5% during the third quarter. Silvant Capital Management LLC now owns 4,449 shares of the industrial products company’s stock worth $2,034,000 after purchasing an additional 21 shares in the last quarter. Blue Chip Partners LLC boosted its stake in shares of Deere & Company by 1.4% in the second quarter. Blue Chip Partners LLC now owns 1,574 shares of the industrial products company’s stock valued at $801,000 after purchasing an additional 21 shares during the period. Finally, Forefront Wealth Partners LLC boosted its stake in shares of Deere & Company by 4.1% in the third quarter. Forefront Wealth Partners LLC now owns 564 shares of the industrial products company’s stock valued at $258,000 after purchasing an additional 22 shares during the period. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company Stock Down 0.6%

DE stock opened at $564.12 on Wednesday. The company’s 50 day moving average price is $592.21 and its 200 day moving average price is $528.18. The firm has a market capitalization of $152.37 billion, a price-to-earnings ratio of 31.80, a PEG ratio of 1.98 and a beta of 0.98. Deere & Company has a fifty-two week low of $433.00 and a fifty-two week high of $674.19. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.96 and a current ratio of 2.21.

Deere & Company (NYSE:DE) last issued its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The company had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. During the same quarter in the previous year, the firm earned $3.19 earnings per share. The firm’s quarterly revenue was up 17.5% on a year-over-year basis. On average, equities research analysts anticipate that Deere & Company will post 18.01 EPS for the current fiscal year.

Deere & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Tuesday, March 31st will be given a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Deere & Company’s payout ratio is 36.53%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Royal Bank Of Canada upped their target price on shares of Deere & Company from $541.00 to $736.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Morgan Stanley raised their price target on shares of Deere & Company from $560.00 to $730.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. Robert W. Baird dropped their price target on shares of Deere & Company from $675.00 to $580.00 and set a “neutral” rating for the company in a research note on Thursday, April 2nd. Wells Fargo & Company upped their price objective on Deere & Company from $543.00 to $750.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Finally, BMO Capital Markets increased their price objective on Deere & Company from $460.00 to $500.00 and gave the company a “market perform” rating in a research note on Friday, February 20th. Sixteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Deere & Company has a consensus rating of “Moderate Buy” and an average target price of $655.45.

Key Stories Impacting Deere & Company

Here are the key news stories impacting Deere & Company this week:

• Positive Sentiment: Deere’s tech pivot and higher guidance: Analysts note Deere is expanding its Smart Industrial platform, pushing autonomy‑ready equipment and subscription software, with Q1 results and raised profit guidance helping justify premium multiples for future recurring revenue. Assessing Deere’s Valuation As Tech Pivot And Higher Profit Guidance Take Shape
• Positive Sentiment: Large market tailwind for precision/ag tech: A market report projects U.S. smart agriculture to expand materially through 2035, reinforcing long‑term demand for Deere’s advanced equipment and digital offerings. This supports investors who view Deere as a structural growth play beyond cyclical equipment sales. Smart Agriculture Market Size to Exceed USD 48.36 Billion by 2035 | Research by SNS Insider
• Neutral Sentiment: High investor attention and stock research: Deere is a trending ticker across financial sites; several articles summarize key facts investors should weigh (cycle exposure, tech transition, valuation). These pieces raise awareness but don’t add new company‑specific catalysts. Deere & Company (DE) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Valuation debate: Coverage asks whether Deere’s strong YTD rally has left value behind — relevant for near‑term investors evaluating entry points, but conclusions vary by time horizon. Is It Too Late To Consider Deere (DE) After Its Strong Year To Date Rally?
• Negative Sentiment: Cyclical weakness in agriculture vs. peers: Analysis contrasts Deere with Caterpillar, suggesting Deere may be at the bottom of the large ag cycle while construction equipment demand is stronger elsewhere — a near‑term sales/profitability headwind for Deere’s core equipment segment. Caterpillar and Deere Hit Opposite Cycle Peaks: One Rides Momentum, One Hunts Value

About Deere & Company

Deere & Company, commonly known by its brand John Deere, is a global manufacturer of agricultural, construction and forestry machinery, as well as turf care equipment and power systems. Founded in 1837 by blacksmith John Deere—who developed a polished steel plow to improve tillage in tough prairie soils—the company is headquartered in Moline, Illinois, and has grown into one of the largest and most recognizable names in equipment manufacturing worldwide.

The company’s principal businesses include a broad portfolio of agricultural equipment such as tractors, combines, planters, sprayers, harvesters and tillage implements, complemented by precision agriculture technologies and telematics that support farm management, yield optimization and equipment connectivity.