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

Deere & Company (NYSE:DE) CEO John May II sold 41,472 shares of the 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 transaction, the chief executive officer owned 117,970 shares in the company, valued at $59,160,775.30. This trade represents a 26.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Deere & Company Stock Performance

DE opened at $487.80 on Friday. The company has a quick ratio of 2.01, a current ratio of 2.22 and a debt-to-equity ratio of 1.68. The company has a market cap of $131.92 billion, a price-to-earnings ratio of 26.35, a PEG ratio of 1.87 and a beta of 1.00. Deere & Company has a 52-week low of $403.01 and a 52-week high of $533.78. The firm’s fifty day simple moving average is $474.71 and its two-hundred day simple moving average is $481.86.

Deere & Company (NYSE:DE) last released its earnings results on Wednesday, November 26th. The industrial products company reported $3.93 EPS for the quarter, missing analysts’ consensus estimates of $3.96 by ($0.03). Deere & Company had a return on equity of 20.54% and a net margin of 11.00%.The company had revenue of $12.39 billion for the quarter, compared to analysts’ expectations of $9.77 billion. During the same period in the prior year, the firm earned $4.55 EPS. The firm’s revenue for the quarter was up 14.1% on a year-over-year basis. Equities analysts anticipate that Deere & Company will post 19.32 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

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

Institutional Investors Weigh In On Deere & Company

A number of hedge funds have recently modified their holdings of DE. Norges Bank purchased a new stake in shares of Deere & Company in the 2nd quarter valued at approximately $1,578,243,000. Marshall Wace LLP grew its position in Deere & Company by 573.9% in the second quarter. Marshall Wace LLP now owns 842,882 shares of the industrial products company’s stock worth $428,597,000 after acquiring an additional 717,808 shares during the period. TD Asset Management Inc increased its stake in Deere & Company by 132.0% during the second quarter. TD Asset Management Inc now owns 721,638 shares of the industrial products company’s stock worth $366,946,000 after acquiring an additional 410,636 shares during the last quarter. Voya Investment Management LLC raised its position in Deere & Company by 97.1% in the first quarter. Voya Investment Management LLC now owns 733,871 shares of the industrial products company’s stock valued at $344,442,000 after purchasing an additional 361,526 shares during the period. Finally, Van ECK Associates Corp raised its position in Deere & Company by 278.0% in the third quarter. Van ECK Associates Corp now owns 487,697 shares of the industrial products company’s stock valued at $223,005,000 after purchasing an additional 358,687 shares during the period. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the company. Evercore ISI reiterated a “positive” rating on shares of Deere & Company in a research report on Friday, November 28th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating on shares of Deere & Company in a report on Monday, December 1st. Sanford C. Bernstein reiterated a “market perform” rating on shares of Deere & Company in a research report on Tuesday, December 9th. Citigroup lowered their price target on shares of Deere & Company from $525.00 to $515.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 7th. Finally, Oppenheimer upped their price objective on shares of Deere & Company from $512.00 to $531.00 and gave the company an “outperform” rating in a research note on Friday, November 28th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, Deere & Company currently has a consensus rating of “Moderate Buy” and a consensus price target of $524.20.

Deere & Company News Summary

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?

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.