Sigma Planning Corp trimmed its stake in Deere & Company (NYSE:DE – Free Report) by 23.1% in the fourth quarter, HoldingsChannel reports. The firm owned 7,630 shares of the industrial products company’s stock after selling 2,292 shares during the period. Sigma Planning Corp’s holdings in Deere & Company were worth $3,383,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the stock. Strategic Advocates LLC acquired a new stake in Deere & Company in the third quarter valued at approximately $25,000. Key Capital Management INC acquired a new stake in Deere & Company in the fourth quarter valued at approximately $27,000. Activest Wealth Management grew its stake in 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 acquiring an additional 27 shares during the period. Wealth Watch Advisors INC acquired a new stake in Deere & Company in the third quarter valued at approximately $32,000. Finally, High Point Wealth Management LLC acquired a new stake in Deere & Company in the fourth quarter valued at approximately $41,000. 68.58% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts have commented on the company. Argus raised their price objective on Deere & Company from $540.00 to $700.00 and gave the company a “buy” rating in a research note on Tuesday, March 3rd. Oppenheimer reissued an “outperform” rating and issued a $715.00 price objective on shares of Deere & Company in a research note on Friday, February 20th. Wells Fargo & Company lifted their price objective on shares of Deere & Company from $543.00 to $750.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Morgan Stanley lifted their price objective on shares of Deere & Company from $560.00 to $730.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Finally, Jefferies Financial Group upgraded shares of Deere & Company from an “underperform” rating to a “hold” rating and set a $550.00 price objective for the company in a report on Wednesday, April 8th. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $655.45.
Deere & Company News Roundup
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 Down 2.0%
Shares of NYSE:DE opened at $578.26 on Friday. The stock has a market cap of $156.19 billion, a price-to-earnings ratio of 32.60, a PEG 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 12-month low of $433.00 and a 12-month high of $674.19. The business’s 50 day moving average is $590.37 and its 200 day moving average is $528.84.
Deere & Company (NYSE:DE – Get Free Report) last announced its earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.52. The company had revenue of $9.61 billion for the quarter, compared to analysts’ expectations of $7.50 billion. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.Deere & Company’s quarterly revenue was up 17.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.19 earnings per share. On average, sell-side analysts forecast that Deere & Company will post 18.01 earnings per share for the current fiscal year.
Deere & Company Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Tuesday, March 31st will be given a dividend of $1.62 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $6.48 annualized dividend and a dividend yield of 1.1%. Deere & Company’s payout ratio is presently 36.53%.
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.
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