ABN Amro Investment Solutions Has $91.51 Million Stock Position in Deere & Company $DE

ABN Amro Investment Solutions cut its holdings in Deere & Company (NYSE:DE) by 8.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 196,558 shares of the industrial products company’s stock after selling 18,463 shares during the period. Deere & Company comprises approximately 1.4% of ABN Amro Investment Solutions’ portfolio, making the stock its 10th biggest holding. ABN Amro Investment Solutions’ holdings in Deere & Company were worth $91,512,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of DE. Strategic Advocates LLC bought a new position in shares of Deere & Company in the third quarter valued at approximately $25,000. Key Capital Management INC bought a new position in shares of Deere & Company in the fourth quarter valued at approximately $27,000. Activest Wealth Management grew its holdings 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 acquiring an additional 27 shares in the last quarter. McIlrath & Eck LLC bought a new position in shares of Deere & Company in the fourth quarter valued at approximately $30,000. Finally, Wealth Watch Advisors INC bought a new position in shares of Deere & Company in the third quarter valued at approximately $32,000. 68.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DE. Sanford C. Bernstein upped their target price on Deere & Company from $521.00 to $615.00 and gave the company a “market perform” rating in a report on Friday, February 20th. Morgan Stanley increased their price objective on Deere & Company from $560.00 to $730.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Wells Fargo & Company increased their price objective on Deere & Company from $543.00 to $750.00 and gave the company an “overweight” rating in a report on Friday, February 20th. JPMorgan Chase & Co. increased their price objective on Deere & Company from $525.00 to $550.00 and gave the company a “neutral” rating in a report on Friday, April 10th. Finally, Barclays increased their price objective on Deere & Company from $530.00 to $640.00 and gave the company an “overweight” rating in a report on Tuesday, March 31st. Fifteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, Deere & Company currently has an average rating of “Moderate Buy” and an average target price of $655.45.

Deere & Company News Roundup

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

• Neutral Sentiment: Deere is set to report Q2 results Thursday, and traders expect the announcement to drive a sizable move as they look for updates on farm-equipment demand, pricing, and margin trends. Deere Reports Earnings Thursday. Here’s How Much Traders Expect Its Stock to Move
• Neutral Sentiment: Analysts and market commentary are focusing on Deere’s earnings outlook, with investors looking for signs that recent tariff headwinds and elevated inflation are affecting the agricultural economy and equipment replacement cycles. Deere Earnings Due. It Also Has A Caterpillar-Like Growth Lever.
• Negative Sentiment: Reports highlighting soft farm demand and rising tariff pressures point to potential downside risk if Deere’s guidance shows that growers are delaying purchases or facing weaker profitability. Deere heads into Q2 earnings amid soft farm demand and rising tariff pressures
• Negative Sentiment: Ongoing right-to-repair litigation remains an overhang, adding legal and reputational risk even as Deere previously moved toward a $99 million settlement in a related case. Deere faces latest right-to-repair lawsuit; this time about construction

Deere & Company Price Performance

Shares of NYSE DE opened at $561.14 on Thursday. The stock has a fifty day simple moving average of $579.04 and a two-hundred day simple moving average of $539.38. Deere & Company has a 1-year low of $433.00 and a 1-year high of $674.19. The firm has a market cap of $151.57 billion, a price-to-earnings ratio of 31.63, a price-to-earnings-growth ratio of 1.95 and a beta of 0.96. 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 announced its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.52. The business had revenue of $9.61 billion during the quarter, compared to analyst estimates of $7.50 billion. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.Deere & Company’s revenue was up 17.5% compared to the same quarter last year. During the same period in the prior year, the company earned $3.19 earnings per share. Analysts anticipate that Deere & Company will post 18.01 earnings per share for the current year.

Deere & Company Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Tuesday, March 31st were given a dividend of $1.62 per share. The ex-dividend date was Tuesday, March 31st. This represents a $6.48 annualized dividend and a dividend yield of 1.2%. Deere & Company’s dividend payout ratio is currently 36.53%.

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.