Danske Bank A S Acquires Shares of 112,928 Deere & Company $DE

Danske Bank A S bought a new position in Deere & Company (NYSE:DE) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 112,928 shares of the industrial products company’s stock, valued at approximately $51,637,000.

A number of other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in shares of Deere & Company by 39.1% during the 4th quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company’s stock worth $1,927,000 after acquiring an additional 1,278 shares in the last quarter. Schnieders Capital Management LLC. grew its holdings in shares of Deere & Company by 7.8% in the second quarter. Schnieders Capital Management LLC. now owns 2,076 shares of the industrial products company’s stock valued at $1,056,000 after purchasing an additional 150 shares in the last quarter. Kingsview Wealth Management LLC increased its position in Deere & Company by 2.6% in the second quarter. Kingsview Wealth Management LLC now owns 5,504 shares of the industrial products company’s stock worth $2,799,000 after purchasing an additional 139 shares during the last quarter. Empowered Funds LLC increased its position in Deere & Company by 10.4% in the second quarter. Empowered Funds LLC now owns 18,145 shares of the industrial products company’s stock worth $9,227,000 after purchasing an additional 1,711 shares during the last quarter. Finally, Portside Wealth Group LLC raised its stake in Deere & Company by 51.2% during the second quarter. Portside Wealth Group LLC now owns 1,048 shares of the industrial products company’s stock valued at $533,000 after purchasing an additional 355 shares in the last quarter. 68.58% of the stock is currently owned by hedge funds and other institutional investors.

Deere & Company News Summary

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

• Positive Sentiment: Order-flow bullishness: A Power Inflow / trading-signal alert flagged strong institutional/retail order flow at roughly $564, which coincided with a >2% intraday bounce — a short-term technical catalyst that can attract momentum traders. Deere Shares Rise Over 2% After Key Trading Signal
• Positive Sentiment: Policy tailwind: Progress on a new farm bill in Congress could boost long-term ag spending and agri‑tech investment, supporting equipment demand and Deere’s end markets over the next several years. Farm Bill Providing Big Boost to Agri-Tech Gains Momentum in Congress
• Neutral Sentiment: Investor attention / watchlist interest: Zacks notes rising interest in DE among its users and flags the key fundamentals to monitor (demand, commodity & crop economics, supply chain, margins), which could amplify volatility as news arrives. Deere & Company (DE) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Competitive/relative view: Recent comparisons between Deere and AGCO highlight mixed industry dynamics — growth and margin differences and strategy shifts — which will shape relative valuation and investor preference within the sector. Deere vs. AGCO Corp: Which Farm Equipment Stock Is the Better Buy Now?
• Negative Sentiment: Short-term pullback and valuation questions: Coverage notes a recent weekly/month decline and calls attention to valuation signals after the share price pullback — a reminder that despite strong recent multi‑quarter returns and solid earnings beats, some investors see less near-term upside until clarity on demand and margins returns. Assessing Deere (DE) Valuation After Recent Share Price Pullback And Undervaluation Signals

Deere & Company Trading Down 0.7%

DE opened at $570.36 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 stock’s 50 day moving average price is $570.02 and its 200-day moving average price is $504.85. Deere & Company has a one year low of $404.42 and a one year high of $674.19. The stock has a market cap of $154.06 billion, a price-to-earnings ratio of 32.15, a P/E/G ratio of 2.01 and a beta of 0.96.

Deere & Company (NYSE:DE) last issued its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.52. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The firm had revenue of $9.61 billion during the quarter, compared to analyst estimates of $7.50 billion. During the same period last year, the company earned $3.19 EPS. Deere & Company’s quarterly revenue was up 17.5% compared to the same quarter last year. On average, equities analysts forecast that Deere & Company will post 19.32 EPS for the current year.

Deere & Company Dividend Announcement

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

Insider Transactions at Deere & Company

In related news, CEO John C. May II sold 41,472 shares of Deere & Company stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the completion of the sale, 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 SEC, which is available through the SEC website. Also, insider Cory J. Reed sold 12,000 shares of the business’s stock in a transaction dated 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 sale, the insider directly owned 20,792 shares of the company’s stock, valued at approximately $10,603,920. This trade represents a 36.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.29% of the company’s stock.

Wall Street Analyst Weigh In

DE has been the subject of several research reports. Evercore reiterated a “positive” rating on shares of Deere & Company in a research report on Friday, November 28th. Sanford C. Bernstein upped their price objective on Deere & Company from $521.00 to $615.00 and gave the company a “market perform” rating in a research report on Friday, February 20th. Raymond James Financial reaffirmed an “outperform” rating and issued a $765.00 price objective on shares of Deere & Company in a research note on Monday, February 23rd. UBS Group lifted their price objective on shares of Deere & Company from $535.00 to $775.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Deere & Company from $480.00 to $460.00 and set a “neutral” rating on the stock in a research report on Friday, December 19th. Sixteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $644.70.

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.