Solidarity Wealth LLC raised its position in Deere & Company (NYSE:DE – Free Report) by 352.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 5,143 shares of the industrial products company’s stock after acquiring an additional 4,006 shares during the quarter. Solidarity Wealth LLC’s holdings in Deere & Company were worth $2,352,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in the business. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Deere & Company in the 2nd quarter worth $25,000. Howard Hughes Medical Institute purchased a new stake in Deere & Company in the second quarter valued at about $27,000. Marshall & Sullivan Inc. WA acquired a new stake in Deere & Company in the second quarter worth about $38,000. Livelsberger Financial Advisory purchased a new stake in shares of Deere & Company during the second quarter worth about $39,000. Finally, Center for Financial Planning Inc. increased its holdings in shares of Deere & Company by 406.7% during the second quarter. Center for Financial Planning Inc. now owns 76 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 61 shares in the last quarter. 68.58% of the stock is owned by institutional investors and hedge funds.
Deere & Company Trading Down 2.6%
NYSE DE opened at $487.80 on Friday. The company has a market capitalization of $131.92 billion, a PE ratio of 26.35, a P/E/G ratio of 1.87 and a beta of 1.00. The company has a fifty day moving average of $474.71 and a 200 day moving average of $481.86. Deere & Company has a 1 year low of $403.01 and a 1 year high of $533.78. 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 Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Wednesday, December 31st will be given a dividend of $1.62 per share. This represents a $6.48 annualized dividend 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%.
Trending Headlines about Deere & Company
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?
Insider Transactions at Deere & Company
In other Deere & Company news, CEO John C. May II sold 41,472 shares of the business’s stock in a transaction that occurred on Thursday, January 8th. The stock was 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 directly owned 117,970 shares of the company’s stock, valued at approximately $59,160,775.30. The trade was a 26.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.29% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the stock. DA Davidson reaffirmed a “buy” rating and issued a $580.00 price objective on shares of Deere & Company in a research report on Monday, December 1st. Zacks Research upgraded shares of Deere & Company from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 3rd. Oppenheimer boosted their price objective on shares of Deere & Company from $512.00 to $531.00 and gave the company an “outperform” rating in a report on Friday, November 28th. Wall Street Zen lowered Deere & Company from a “hold” rating to a “sell” rating in a research note on Friday, November 28th. Finally, Daiwa Capital Markets dropped their price target on Deere & Company from $530.00 to $520.00 and set an “outperform” rating on the stock in a research note on Tuesday, December 2nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, Deere & Company presently has a consensus rating of “Moderate Buy” and an average target price of $524.20.
Get Our Latest Report on Deere & Company
Deere & Company 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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