6,460 Shares in Deere & Company $DE Bought by Rayburn West Financial Services LLC

Rayburn West Financial Services LLC bought a new position in Deere & Company (NYSE:DE) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 6,460 shares of the industrial products company’s stock, valued at approximately $3,007,000. Deere & Company makes up 1.9% of Rayburn West Financial Services LLC’s investment portfolio, making the stock its 19th largest holding.

Other large investors also recently modified their holdings of the company. Strategic Advocates LLC bought a new position in shares of Deere & Company in the 3rd quarter worth $25,000. Key Capital Management INC bought a new position in shares of Deere & Company in the 4th quarter worth $27,000. McIlrath & Eck LLC bought a new position in shares of Deere & Company in the 4th quarter worth $30,000. Activest Wealth Management lifted its holdings in shares of Deere & Company by 69.2% in the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 27 shares in the last quarter. Finally, Wealth Watch Advisors INC bought a new position in shares of Deere & Company in the 3rd quarter worth $32,000. 68.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on DE. JPMorgan Chase & Co. lifted their price objective on shares of Deere & Company from $525.00 to $550.00 and gave the stock a “neutral” rating in a report on Friday, April 10th. Oppenheimer reaffirmed an “outperform” rating and set a $715.00 price objective on shares of Deere & Company in a report on Friday, February 20th. Raymond James Financial reaffirmed an “outperform” rating and set a $765.00 price objective on shares of Deere & Company in a report on Monday, February 23rd. BMO Capital Markets lifted their price objective on shares of Deere & Company from $460.00 to $500.00 and gave the stock a “market perform” rating in a report on Friday, February 20th. Finally, Wolfe Research increased their price objective on shares of Deere & Company from $550.00 to $660.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Sixteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $655.45.

Deere & Company Trading Down 1.3%

NYSE:DE opened at $581.25 on Thursday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.96 and a current ratio of 2.21. The firm has a market cap of $157.00 billion, a price-to-earnings ratio of 32.77, a price-to-earnings-growth ratio of 2.06 and a beta of 0.96. Deere & Company has a 52 week low of $433.00 and a 52 week high of $674.19. The firm has a 50-day moving average price of $582.87 and a two-hundred day moving average price of $536.13.

Deere & Company (NYSE:DE) last released its earnings results on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, topping analysts’ consensus estimates 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%.The business’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period in the previous year, the business posted $3.19 EPS. On average, equities analysts expect that Deere & Company will post 18.01 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Tuesday, March 31st were paid a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, March 31st. Deere & Company’s payout ratio is presently 36.53%.

Deere & Company News Roundup

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

• Positive Sentiment: Analysts and market watchers continue to highlight Deere as one of the farm equipment names that could benefit from improving demand and increased investment in agricultural technology. 4 Farm Equipment Stocks Worth Watching Despite Industry Challenges
• Positive Sentiment: Deere is also being cited as a potential winner from stronger sentiment around U.S.-China trade headlines, with some traders viewing a Trump-Xi summit as a possible catalyst for agriculture-related stocks. Nvidia Chips, Boeing Jets: Stock Traders Eye Trump in China
• Neutral Sentiment: Deere is drawing renewed investor attention on stock screeners and search activity, which suggests the name remains on traders’ radar but does not point to a clear fundamental change. Deere & Company (DE) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Deere also got publicity for launching a John Deere-branded grooming line with Every Man Jack at Walmart, a brand-extension story that could support consumer awareness but is unlikely to materially affect near-term earnings. John Deere Tests Brand Reach With Every Man Jack Walmart Grooming Line
• Negative Sentiment: A Zacks note highlighted that Deere shares fell in the latest session even as the broader market rose, suggesting investors may be taking profits or rotating out of the stock despite the constructive longer-term setup. Deere (DE) Stock Falls Amid Market Uptick: What Investors Need to Know

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.