Citizens Financial Group Inc. RI Has $7.28 Million Stock Holdings in Deere & Company $DE

Citizens Financial Group Inc. RI cut its holdings in shares of Deere & Company (NYSE:DE) by 11.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 15,625 shares of the industrial products company’s stock after selling 1,943 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Deere & Company were worth $7,275,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Strategic Advocates LLC acquired a new stake in Deere & Company during the 3rd quarter worth approximately $25,000. Key Capital Management INC acquired a new stake in Deere & Company during the 4th quarter worth approximately $27,000. Activest Wealth Management boosted its position in Deere & Company by 69.2% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock worth $30,000 after buying an additional 27 shares during the period. Wealth Watch Advisors INC acquired a new stake in Deere & Company during the 3rd quarter worth approximately $32,000. Finally, High Point Wealth Management LLC acquired a new stake in Deere & Company during the 4th quarter worth approximately $41,000. 68.58% of the stock is currently owned by institutional investors and hedge funds.

Deere & Company News Summary

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

• Positive Sentiment: Board names Brent Norwood as CFO (internal hire), providing continuity after a formal internal/external search — this should reduce transition risk and supports financial execution. Deere & Company Board Elects Brent Norwood as Chief Financial Officer
• Neutral Sentiment: Sector/compiler commentary: a Trefis piece highlights Caterpillar’s valuation shift (higher multiple driven by AI/data-center demand), which can reframe investor comparisons within large-cap equipment names and encourage rotation or relative re-rating away from traditional ag-equipment plays like Deere. Has CAT Stock Run Ahead Of Its Valuation?
• Neutral Sentiment: Market note reporting intraday weakness: coverage pieces (Zacks) flagged that Deere shares slid while the broader market rose, signaling stock-specific profit-taking or repositioning by traders rather than a broad sector sell-off. Deere (DE) Stock Slides as Market Rises: Facts to Know Before You Trade
• Negative Sentiment: Analyst tweak: Erste Group slightly cut its FY2027 EPS forecast for Deere (a marginal reduction), which may have nudged sentiment downward given the stock’s rich multiples and recent strong performance — even small estimate reductions can trigger selling in high-PE industrial names. Erste trims FY2027 estimate for Deere

Deere & Company Stock Performance

NYSE:DE opened at $578.26 on Friday. The company has a fifty day moving average of $590.37 and a 200-day moving average of $528.84. The firm has a market capitalization of $156.19 billion, a P/E ratio of 32.60, a P/E/G ratio of 2.06 and a beta of 0.96. The company has a quick ratio of 1.96, a current ratio of 2.21 and a debt-to-equity ratio of 1.59. Deere & Company has a twelve month low of $433.00 and a twelve month high of $674.19.

Deere & Company (NYSE:DE) last released its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.52. The company had revenue of $9.61 billion during the quarter, compared to analyst estimates of $7.50 billion. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. Deere & Company’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.19 EPS. As a group, sell-side analysts anticipate that Deere & Company will post 18.01 EPS for the current year.

Deere & Company Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Robert W. Baird dropped their price target on shares of Deere & Company from $675.00 to $580.00 and set a “neutral” rating on the stock in a research report on Thursday, April 2nd. JPMorgan Chase & Co. lifted their target price on shares of Deere & Company from $525.00 to $550.00 and gave the stock a “neutral” rating in a research note on Friday, April 10th. Barclays lifted their target price on shares of Deere & Company from $530.00 to $640.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 31st. Raymond James Financial reissued an “outperform” rating and set a $765.00 target price on shares of Deere & Company in a research note on Monday, February 23rd. Finally, DA Davidson lifted their target price on shares of Deere & Company from $580.00 to $775.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Sixteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $655.45.

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.