Coastline Trust Co Grows Stock Holdings in Deere & Company $DE

Coastline Trust Co lifted its position in Deere & Company (NYSE:DE) by 81.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,272 shares of the industrial products company’s stock after buying an additional 1,913 shares during the quarter. Coastline Trust Co’s holdings in Deere & Company were worth $1,989,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Strategic Advocates LLC purchased a new stake in Deere & Company during the third quarter worth about $25,000. Howard Hughes Medical Institute purchased a new position in shares of Deere & Company in the second quarter valued at approximately $27,000. Activest Wealth Management boosted its stake in shares of 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 purchasing an additional 27 shares during the period. Wealth Watch Advisors INC acquired a new position in shares of Deere & Company in the third quarter valued at approximately $32,000. Finally, Soundwatch Capital LLC purchased a new stake in Deere & Company during the 2nd quarter worth approximately $41,000. 68.58% of the stock is currently owned by hedge funds and other institutional investors.

Deere & Company Price Performance

Shares of DE opened at $566.92 on Friday. The firm has a market capitalization of $153.13 billion, a price-to-earnings ratio of 31.96, a PEG ratio of 2.00 and a beta of 0.96. The firm’s fifty day simple moving average is $571.33 and its 200-day simple moving average is $505.28. Deere & Company has a twelve month low of $404.42 and a twelve month high of $674.19. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59.

Deere & Company (NYSE:DE) last issued 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 firm had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The company’s revenue was up 17.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.19 earnings per share. Equities analysts forecast that Deere & Company will post 19.32 EPS for the current fiscal year.

Deere & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Tuesday, March 31st will be given a dividend of $1.62 per share. This represents a $6.48 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Deere & Company’s dividend payout ratio is currently 36.53%.

Deere & Company News Summary

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

• Positive Sentiment: Recent fundamental strength: Deere’s operational momentum remains a tailwind — the company has shown strong revenue growth and past earnings beats, supporting medium-term fundamentals and analyst earnings power. (Background earnings and analyst estimates point to solid profitability and a multi-year growth profile.)
• Positive Sentiment: Potential macro catalyst — a new Farm Bill gaining momentum in Congress could increase federal support for agriculture and agri‑tech, which would be a structural tailwind for equipment demand and Deere’s long-term outlook. Farm Bill Providing Big Boost to Agri-Tech Gains Momentum in Congress
• Positive Sentiment: Technical/flow-based buying recently showed strength — a Power Inflow/order-flow signal on 3/18 triggered a >2% intraday rise, indicating institutional/retail demand can spark short-term rallies. Deere Shares Rise Over 2% After Key Trading Signal
• Neutral Sentiment: Investor attention and analyst writeups: Deere is getting increased coverage and screening interest; research pieces compare Deere with peers (AGCO) on growth, margins and valuation — useful for relative-value decisions but not an immediate directional driver. Deere & Company (DE) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Peer comparison: Recent articles contrast Deere vs. AGCO to weigh growth, margins and strategy — useful for portfolio allocation but highlights mixed positioning across the sector. Deere vs. AGCO Corp: Which Farm Equipment Stock Is the Better Buy Now?
• Negative Sentiment: Near-term pullback and valuation chatter: Analysts and screens note a short-term price pullback and mixed weekly/monthly returns; some investors point to elevated multiples (P/E near ~32, PEG ~2) as a reason for profit‑taking after strong multi‑year gains. Assessing Deere (DE) Valuation After Recent Share Price Pullback And Undervaluation Signals

Analyst Upgrades and Downgrades

Several equities analysts have commented on DE shares. Wolfe Research raised their price target on shares of Deere & Company from $520.00 to $550.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. Royal Bank Of Canada upped their price objective on Deere & Company from $541.00 to $736.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Argus lifted their target price on Deere & Company from $540.00 to $700.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Evercore reissued a “positive” rating on shares of Deere & Company in a research note on Friday, November 28th. Finally, Morgan Stanley upped their price target on Deere & Company from $560.00 to $730.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. 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 stock. According to data from MarketBeat, Deere & Company currently has an average rating of “Moderate Buy” and a consensus price target of $644.70.

Insider Activity

In other news, CEO John C. May II sold 41,472 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 117,970 shares in the company, valued at approximately $59,160,775.30. This represents a 26.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Cory J. Reed sold 12,000 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total value of $6,120,000.00. Following the sale, the insider directly owned 20,792 shares in the company, valued at $10,603,920. This trade represents a 36.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.29% of the company’s stock.

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.