Key Points
- CEO John May II sold 41,472 shares on Jan. 8 at an average price of $501.49 for about $20.8 million, cutting his direct holding to 117,970 shares — a ~26.0% reduction.
- Deere declared a quarterly dividend of $1.62 (ex-dividend Dec. 31, payable Feb. 9), which annualizes to $6.48 and implies a yield of roughly 1.3%.
- Shares opened at $487.80 (down ~2.6%), with a market cap near $131.9B and a P/E of 26.35; analysts have a consensus rating of “Moderate Buy” and a $524.20 target, with several firms raising price targets (e.g., Wolfe $550, Morgan Stanley $560).
Deere & Company (NYSE:DE - Get Free Report) CEO John May II sold 41,472 shares of Deere & Company stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the sale, the chief executive officer directly owned 117,970 shares of the company's stock, valued at $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 SEC, which can be accessed through this hyperlink.
Deere & Company Stock Down 2.6%
Shares of NYSE:DE opened at $487.80 on Friday. The firm has a market capitalization of $131.93 billion, a PE ratio of 26.35, a price-to-earnings-growth ratio of 1.92 and a beta of 1.00. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.01 and a current ratio of 2.22. Deere & Company has a 52-week low of $403.01 and a 52-week high of $533.78. The firm has a fifty day moving average of $474.71 and a 200 day moving average of $482.08.
Deere & Company (NYSE:DE - Get Free Report) last released its quarterly earnings results on Wednesday, November 26th. The industrial products company reported $3.93 earnings per share for the quarter, missing analysts' consensus estimates of $3.96 by ($0.03). Deere & Company had a net margin of 11.00% and a return on equity of 20.54%. The firm had revenue of $12.39 billion for the quarter, compared to analysts' expectations of $9.77 billion. During the same quarter in the previous year, the business earned $4.55 EPS. The company's revenue for the quarter was up 14.1% on a year-over-year basis. As a group, research analysts anticipate that Deere & Company will post 19.32 EPS 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. Investors of record on Wednesday, December 31st will be given a $1.62 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $6.48 dividend on an annualized basis and a yield of 1.3%. Deere & Company's payout ratio is presently 35.01%.
Analyst Ratings Changes
Several research analysts have commented on the stock. Sanford C. Bernstein reissued a "market perform" rating on shares of Deere & Company in a research note on Tuesday, December 9th. UBS Group reiterated a "buy" rating on shares of Deere & Company in a research report on Tuesday, November 25th. Wolfe Research boosted 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. Morgan Stanley reaffirmed an "overweight" rating and set a $560.00 price objective on shares of Deere & Company in a research note on Tuesday, December 9th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Deere & Company in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have assigned a Hold rating to the company's stock. According to MarketBeat, Deere & Company presently has a consensus rating of "Moderate Buy" and a consensus target price of $524.20.
View Our Latest Stock Report on Deere & Company
Institutional Investors Weigh In On Deere & Company
A number of large investors have recently added to or reduced their stakes in DE. Mid American Wealth Advisory Group Inc. bought a new position in shares of Deere & Company during the second quarter valued at about $25,000. Howard Hughes Medical Institute purchased a new position in Deere & Company during the 2nd quarter valued at about $27,000. Strategic Advocates LLC bought a new position in Deere & Company during the 3rd quarter valued at approximately $25,000. Activest Wealth Management lifted its holdings in 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 buying an additional 27 shares during the period. Finally, Wealth Watch Advisors INC purchased a new stake in Deere & Company in the 3rd quarter worth approximately $32,000. Institutional investors own 68.58% of the company's stock.
Key Stories Impacting Deere & Company
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
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
