Monte Financial Group LLC lifted its holdings in Deere & Company (NYSE:DE – Free Report) by 218.8% in the 4th quarter, HoldingsChannel reports. The firm owned 1,833 shares of the industrial products company’s stock after purchasing an additional 1,258 shares during the quarter. Monte Financial Group LLC’s holdings in Deere & Company were worth $853,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently modified their holdings of DE. Strategic Advocates LLC acquired a new stake in shares of Deere & Company in the third quarter valued at $25,000. Activest Wealth Management lifted its holdings in shares of Deere & Company by 69.2% in the third quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock valued at $30,000 after buying an additional 27 shares during the period. Wealth Watch Advisors INC acquired a new stake in shares of Deere & Company in the third quarter valued at $32,000. United Community Bank lifted its holdings in shares of Deere & Company by 67.3% in the third quarter. United Community Bank now owns 92 shares of the industrial products company’s stock valued at $42,000 after buying an additional 37 shares during the period. Finally, GoalVest Advisory LLC lifted its holdings in shares of Deere & Company by 56.7% in the fourth quarter. GoalVest Advisory LLC now owns 94 shares of the industrial products company’s stock valued at $44,000 after buying an additional 34 shares during the period. Institutional investors own 68.58% of the company’s stock.
Deere & Company Stock Up 5.8%
Shares of Deere & Company stock opened at $609.20 on Thursday. The stock has a 50-day moving average price of $588.68 and a 200 day moving average price of $515.38. The company has a market cap of $164.55 billion, a P/E ratio of 34.34, a P/E/G ratio of 2.01 and a beta of 0.98. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59. Deere & Company has a 1 year low of $404.42 and a 1 year high of $674.19.
Deere & Company Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Tuesday, March 31st will be given a $1.62 dividend. This represents a $6.48 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Deere & Company’s dividend payout ratio is presently 36.53%.
Insiders Place Their Bets
In other Deere & Company news, insider Cory J. Reed sold 12,000 shares of the company’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total value of $6,120,000.00. Following the transaction, the insider directly owned 20,792 shares of the company’s stock, valued at $10,603,920. This represents a 36.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.29% of the stock is currently owned by insiders.
Deere & Company News Summary
Here are the key news stories impacting Deere & Company this week:
- Positive Sentiment: Wall Street sentiment improved after Jefferies upgraded DE to “Hold” from “Underperform,” saying the recent pullback makes risk/reward more balanced; that upgrade helped spark buying interest. Deere Upgraded to Hold at Jefferies With $550 Target
- Positive Sentiment: New demand drivers: coverage highlights strong order growth in Deere’s construction segment tied to AI/data-center builds (reported ~50% order growth), partially offsetting an agricultural-cycle trough and supporting revenue diversification. The Green Machine Finds a Second Gear as AI Data Centers Drive 50% Order Growth
- Positive Sentiment: Analyst/estimate momentum: broker consensus remains constructive (average “Moderate Buy”), and Erste Group nudged FY2026–FY2027 EPS estimates modestly higher — supporting the view that earnings power may rebound as cycles recover.
- Neutral Sentiment: Relative-valuation headlines compare DE with peers like AGCO, prompting investors to reassess whether Deere’s premium multiple is justified given cyclical headwinds and diversification into construction. AGCO vs. DE: Which Stock Is the Better Value Option?
- Neutral Sentiment: Several outlets are re‑valuing Deere after recent news (analyst moves and the repair settlement), producing mixed takes on upside from current levels — useful for investors weighing entry points.
- Negative Sentiment: Deere agreed to a $99 million settlement to resolve a multi‑year “right to repair” class action; while the amount is manageable for a $165B market‑cap company, it is an explicit cash cost and underscores ongoing regulatory and public-relations scrutiny. Deere & Co agrees to pay $99 million to settle ‘right to repair’ lawsuit
- Negative Sentiment: Some commentary frames the settlement as evidence of broader aftermarket tensions (potential margin pressure and policy risk) and flags that FTC scrutiny or further actions could follow. John Deere’s $99 Million Settlement Reveals a Much Bigger Problem
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on DE. Raymond James Financial restated an “outperform” rating and issued a $765.00 price objective on shares of Deere & Company in a report on Monday, February 23rd. Robert W. Baird cut their price objective on Deere & Company from $675.00 to $580.00 and set a “neutral” rating for the company in a report on Thursday, April 2nd. Citigroup cut their price objective on Deere & Company from $675.00 to $625.00 and set a “neutral” rating for the company in a report on Monday, March 9th. JPMorgan Chase & Co. cut their price objective on Deere & Company from $480.00 to $460.00 and set a “neutral” rating for the company in a report on Friday, December 19th. Finally, DA Davidson upped their target price on Deere & Company from $580.00 to $775.00 and gave the company a “buy” rating in a report on Friday, February 20th. Sixteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Deere & Company presently has an average rating of “Moderate Buy” and a consensus price target of $650.95.
View Our Latest Stock Analysis on Deere & Company
Deere & Company Profile
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.
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