Smartleaf Asset Management LLC Raises Stock Position in Deere & Company $DE

Smartleaf Asset Management LLC lifted its holdings in shares of Deere & Company (NYSE:DE) by 35.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,303 shares of the industrial products company’s stock after purchasing an additional 1,136 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Deere & Company were worth $2,003,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in DE. Mid American Wealth Advisory Group Inc. purchased a new position in Deere & Company in the second quarter valued at $25,000. Howard Hughes Medical Institute purchased a new stake in Deere & Company during the 2nd quarter worth about $27,000. Activest Wealth Management raised its position in Deere & Company by 69.2% in the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 27 shares in the last quarter. Center for Financial Planning Inc. grew its position 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 worth $39,000 after buying an additional 61 shares in the last quarter. Finally, United Community Bank increased its stake in shares of Deere & Company by 67.3% during the third quarter. United Community Bank now owns 92 shares of the industrial products company’s stock worth $42,000 after buying an additional 37 shares during the period. Institutional investors and hedge funds own 68.58% of the company’s stock.

Deere & Company Price Performance

Shares of DE opened at $583.66 on Monday. Deere & Company has a 1-year low of $404.42 and a 1-year high of $584.06. The stock has a market cap of $158.21 billion, a PE ratio of 31.53, a price-to-earnings-growth ratio of 2.33 and a beta of 1.02. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.22 and a quick ratio of 2.01. The firm has a fifty day moving average price of $495.23 and a 200 day moving average price of $484.10.

Deere & Company (NYSE:DE) last issued its quarterly earnings data on Wednesday, November 26th. The industrial products company reported $3.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.96 by ($0.03). Deere & Company had a return on equity of 20.54% and a net margin of 11.00%.The firm had revenue of $12.39 billion for the quarter, compared to analysts’ expectations of $9.77 billion. During the same period in the previous year, the business posted $4.55 EPS. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Deere & Company will post 19.32 EPS for the current year.

Deere & Company Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Wednesday, December 31st will be given a dividend of $1.62 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $6.48 annualized dividend and a yield of 1.1%. Deere & Company’s payout ratio is 35.01%.

Insider Buying and Selling

In other news, CEO John C. May II sold 41,472 shares of the 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 sale, the chief executive officer directly owned 117,970 shares of the company’s stock, valued at approximately $59,160,775.30. This represents a 26.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Cory J. Reed sold 12,000 shares of Deere & Company stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the completion of the transaction, the insider directly owned 20,792 shares in the company, valued at $10,603,920. The trade was a 36.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 64,578 shares of company stock valued at $32,471,682. 0.29% of the stock is owned by company insiders.

Trending Headlines about Deere & Company

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

• Positive Sentiment: Deere announced two new U.S. manufacturing facilities, expanding domestic capacity and supply-chain flexibility to support rising demand for ag and construction equipment — a clear long-term revenue/capacity positive. John Deere Expands US Manufacturing with Two New Facilities
• Positive Sentiment: Deere is investing $30M in Seeding Works, its oldest factory, signaling targeted capex to modernize production and preserve manufacturing footprint — supportive for supply reliability and investor confidence. Deere invests $30M in Seeding Works, company’s oldest factory
• Positive Sentiment: DE hit an all-time high, reflecting strong momentum and buyer demand; technicals and price leadership often attract momentum and institutional flows. Deere and Company stock hits all-time high
• Positive Sentiment: Investor’s Business Daily reports Deere received an RS (relative strength) rating lift — a technical upgrade that can pull in momentum-focused investors and ETFs. Farm Machinery Deere Stock Gets RS Rating Lift
• Positive Sentiment: Coverage on Deere’s push into autonomous/self-driving tractors and “backdoor” AI exposure highlights a high-growth optionality for future margins and recurring software/services revenue. This “Backdoor” AI Stock Is Betting Big on … Self-Driving Tractors?!
• Positive Sentiment: Zacks notes last session’s share jump (up ~4.1%) on above-average volume and favorable earnings-estimate revision trends, suggesting analysts and traders are becoming more bullish. Deere (DE) Soars 4.1%: Is Further Upside Left in the Stock?
• Neutral Sentiment: Zacks published a “what to know” piece explaining why DE is a trending name — useful context for retail interest but not a direct fundamental catalyst. Here is What to Know Beyond Why Deere & Company (DE) is a Trending Stock
• Neutral Sentiment: Deere is expected to report quarterly earnings soon — the report is a potential near-term catalyst that could reinforce the rally or trigger consolidation depending on guidance and margins. Deere & Company (DE) Expected to Announce Quarterly Earnings on Thursday
• Neutral Sentiment: The EPA’s response to Deere’s request on farmers’ right-to-repair is in the news; regulatory outcomes create uncertainty around end-customer relations and aftermarket service models but the present impact remains unclear. EPA responds to John Deere’s request on farmers’ right to repair nonroad diesel equipment

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on DE. Wolfe Research lifted their price target on shares of Deere & Company from $520.00 to $550.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. Oppenheimer lifted their price objective on shares of Deere & Company from $512.00 to $531.00 and gave the stock an “outperform” rating in a research report on Friday, November 28th. JPMorgan Chase & Co. dropped their target price on Deere & Company from $480.00 to $460.00 and set a “neutral” rating on the stock in a report on Friday, December 19th. Zacks Research upgraded Deere & Company from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 3rd. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $460.00 price objective on shares of Deere & Company in a research report on Tuesday, December 9th. Fifteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Deere & Company currently has a consensus rating of “Moderate Buy” and a consensus target price of $524.20.

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.