Rathbones Group PLC Has $142.04 Million Holdings in Deere & Company $DE

Rathbones Group PLC increased its position in shares of Deere & Company (NYSE:DE) by 4.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 310,639 shares of the industrial products company’s stock after acquiring an additional 13,388 shares during the quarter. Rathbones Group PLC’s holdings in Deere & Company were worth $142,043,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of DE. The Manufacturers Life Insurance Company raised its stake in Deere & Company by 30.6% during the second quarter. The Manufacturers Life Insurance Company now owns 364,103 shares of the industrial products company’s stock worth $185,143,000 after acquiring an additional 85,351 shares in the last quarter. Csenge Advisory Group lifted its holdings in shares of Deere & Company by 84.9% in the third quarter. Csenge Advisory Group now owns 7,440 shares of the industrial products company’s stock worth $3,402,000 after acquiring an additional 3,416 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH acquired a new stake in shares of Deere & Company in the 2nd quarter valued at approximately $3,615,000. WINTON GROUP Ltd acquired a new stake in shares of Deere & Company in the 2nd quarter valued at approximately $4,550,000. Finally, Compagnie Lombard Odier SCmA grew its holdings in shares of Deere & Company by 66.1% during the 3rd quarter. Compagnie Lombard Odier SCmA now owns 27,568 shares of the industrial products company’s stock valued at $12,606,000 after purchasing an additional 10,974 shares during the last quarter. 68.58% of the stock is currently owned by institutional investors and hedge funds.

Deere & Company Trading Down 0.2%

Shares of NYSE DE opened at $589.22 on Friday. The firm has a 50 day moving average price of $551.94 and a two-hundred day moving average price of $499.57. The stock has a market cap of $159.15 billion, a P/E ratio of 33.21, a price-to-earnings-growth ratio of 2.07 and a beta of 0.96. Deere & Company has a 52-week low of $404.42 and a 52-week high of $674.19. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.96 and a current ratio of 2.21.

Deere & Company (NYSE:DE) last issued its quarterly 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. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The company had revenue of $9.61 billion for the quarter, compared to analyst estimates of $7.50 billion. During the same quarter in the previous year, the business earned $3.19 earnings per share. Deere & Company’s revenue was up 17.5% compared to the same quarter last year. As a group, equities analysts forecast that Deere & Company will post 19.32 EPS for the current year.

Deere & Company Announces Dividend

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

Insider Transactions at Deere & Company

In other Deere & Company news, insider Cory J. Reed sold 12,000 shares of the company’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 owned 20,792 shares in the company, valued at approximately $10,603,920. The trade was a 36.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO John C. May II sold 41,472 shares of the stock in a transaction dated Thursday, January 8th. The shares were 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. The trade was a 26.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.29% of the company’s stock.

Deere & Company News Summary

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

• Positive Sentiment: Acquisition of Tenna — Deere completed the purchase of construction-technology firm Tenna to scale mixed‑fleet telematics and services for its Construction & Forestry segment, signaling incremental recurring‑revenue and product expansion potential. Will Deere’s Tenna Buyout Aid Its Construction & Forestry Segment?
• Positive Sentiment: Analyst support — Wells Fargo reiterated a Buy rating for DE, and Argus also flagged upside potential, giving institutional conviction that can underpin the stock amid short‑term noise. Wells Fargo Sticks to Its Buy Rating for Deere (DE) Argus Analyst Says DE Stock Price Expected to Rise
• Neutral Sentiment: Trending/attention — Zacks notes DE is a trending stock, increasing retail attention; that can amplify moves but isn’t a directional catalyst by itself. Deere & Company (DE) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Marketing/customer engagement — Deere’s “Building America” excavator contest at CONEXPO boosts brand and dealer engagement; helpful for long‑term demand but not an immediate earnings driver. John Deere Launches Building America Excavator Contest at Conexpo
• Neutral Sentiment: Options activity — Unusual options flow suggests speculative positioning that can increase intraday volatility but doesn’t change fundamentals. Looking At Deere’s Recent Unusual Options Activity
• Negative Sentiment: Valuation/rotation concerns — After a strong multi‑period run, analysts and articles ask whether much of the upside is already priced in; DE’s premium valuation (P/E elevated vs history) makes it sensitive to any slowdown in farm income or capital‑goods demand. Is It Too Late To Consider Deere (DE) After Its Strong Share Price Run?
• Negative Sentiment: Macro & sector risks — Zacks highlights risks (falling farm income, tariff pressure, premium multiple) that could sap upside, and weekly market notes point to geopolitical and economic headwinds that are pressuring cyclical stocks like Deere. DE Gains 33% in a Year: What’s the Right Strategy for Investors Now? MarketBeat Week in Review – 03/02 – 03/06

Analysts Set New Price Targets

A number of analysts have weighed in on DE shares. JPMorgan Chase & Co. cut their target price 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. Evercore reiterated a “positive” rating on shares of Deere & Company in a research note on Friday, November 28th. Wolfe Research raised their price objective on Deere & Company from $520.00 to $550.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. Raymond James Financial restated an “outperform” rating and set a $765.00 price objective on shares of Deere & Company in a research report on Monday, February 23rd. Finally, Jefferies Financial Group cut Deere & Company from a “hold” rating to an “underperform” rating and upped their target price for the stock from $475.00 to $550.00 in a report on Monday, February 23rd. Sixteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $647.20.

Deere & 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.