Deere & Company (NYSE:DE) CEO John May II Sells 41,472 Shares

Deere & Company (NYSE:DEGet Free Report) CEO John May II sold 41,472 shares of the company’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $501.49, for a total value of $20,797,793.28. Following the completion of the transaction, the chief executive officer owned 117,970 shares in the company, valued at approximately $59,160,775.30. The trade was a 26.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Deere & Company Stock Performance

Shares of DE opened at $487.80 on Friday. The firm has a market cap of $131.93 billion, a PE ratio of 26.35, a PEG ratio of 1.92 and a beta of 1.00. The stock’s fifty day moving average price is $474.71 and its two-hundred day moving average price is $482.08. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.22 and a quick ratio of 2.01. Deere & Company has a 1 year low of $403.01 and a 1 year high of $533.78.

Deere & Company (NYSE:DEGet Free Report) last posted its quarterly earnings results on Wednesday, November 26th. The industrial products company reported $3.93 earnings per share for the quarter, missing the consensus estimate of $3.96 by ($0.03). Deere & Company had a return on equity of 20.54% and a net margin of 11.00%.The firm had revenue of $12.39 billion for the quarter, compared to the consensus estimate of $9.77 billion. During the same quarter in the previous year, the company posted $4.55 EPS. The firm’s revenue was up 14.1% compared to the same quarter last year. On average, equities research analysts forecast that Deere & Company will post 19.32 EPS for the current year.

Deere & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Wednesday, December 31st will be given a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Wednesday, December 31st. Deere & Company’s dividend payout ratio (DPR) is currently 35.01%.

Institutional Investors Weigh In On Deere & Company

Institutional investors and hedge funds have recently made changes to their positions in the business. IFS Advisors LLC increased its stake in Deere & Company by 13.9% in the 4th quarter. IFS Advisors LLC now owns 286 shares of the industrial products company’s stock worth $133,000 after acquiring an additional 35 shares during the last quarter. Appleton Partners Inc. MA grew its holdings in shares of Deere & Company by 31.4% during the fourth quarter. Appleton Partners Inc. MA now owns 1,234 shares of the industrial products company’s stock worth $575,000 after purchasing an additional 295 shares in the last quarter. SG Americas Securities LLC increased its position in shares of Deere & Company by 659.1% in the fourth quarter. SG Americas Securities LLC now owns 245,374 shares of the industrial products company’s stock worth $114,239,000 after purchasing an additional 213,049 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of Deere & Company by 3.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 15,972 shares of the industrial products company’s stock worth $7,436,000 after purchasing an additional 494 shares during the last quarter. Finally, Friday Financial raised its stake in Deere & Company by 200.0% in the fourth quarter. Friday Financial now owns 2,940 shares of the industrial products company’s stock valued at $1,369,000 after purchasing an additional 1,960 shares in the last quarter. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on DE. Zacks Research raised shares of Deere & Company from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. Oppenheimer increased their target price on Deere & Company from $512.00 to $531.00 and gave the stock an “outperform” rating in a research report on Friday, November 28th. JPMorgan Chase & Co. reduced their price target on Deere & Company from $480.00 to $460.00 and set a “neutral” rating for the company in a research report on Friday, December 19th. Sanford C. Bernstein reiterated a “market perform” rating on shares of Deere & Company in a research note on Tuesday, December 9th. Finally, Royal Bank Of Canada cut their target price on Deere & Company from $542.00 to $541.00 and set an “outperform” rating for the company in a research note on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $524.20.

Get Our Latest Stock Report on DE

Key Deere & Company News

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

  • Positive Sentiment: Deere expanded its relationship with Tenna, a fleet- and asset-tracking partner, and analysts raised price targets after the deal — this boosts Deere’s connected-equipment and services revenue outlook, a higher-margin growth area investors favor. Deere & Company (DE) Expands with Tenna Deal, Analysts Lift Price Targets
  • Positive Sentiment: Macro/sector catalysts gave Deere a lift recently — Barron’s notes a political/food-policy story (RFK Jr.’s new food pyramid) that helped drive demand for ag-related names, showing how headlines can produce short-term buying in cyclical farm-equipment stocks. Deere Stock Closed Above $500. RFK Jr.’s New Food Pyramid May Be Why.
  • Neutral Sentiment: Analyst/market roundup pieces summarize mixed sentiment: some see Deere’s earnings power and services growth as supportive, while others flag valuation after a strong one‑year rally — useful context but not an immediate catalyst by itself. What Does the Market Think About Deere & Co?
  • Neutral Sentiment: Market and price reports (e.g., Economic Times summary) recap recent trading and fundamentals; they reinforce that Deere’s revenue growth and services mix remain strengths but also highlight that the stock is no longer a deep-value cyclic and is trading closer to premium multiples. Deere (DE) share price
  • Negative Sentiment: Insider selling: CEO John C. May II sold 41,472 shares (~$20.8M) on Jan. 8, reducing his stake ~26% — a notable insider disposition that can be interpreted negatively by the market even if sales are for diversification or tax-liability reasons. SEC filing: Form 4 filing
  • Negative Sentiment: Reputational/strategic critique: a recent feature (Inc.) questions Deere’s long-term strategy and social implications of its technology/ecosystem approach — these debates can raise ESG or regulatory concerns for some investors, though they’re more likely to affect sentiment gradually than drive immediate fundamentals. Did John Deere Build the Future or a Cage?

About Deere & Company

(Get Free Report)

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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