Park National Corp OH Sells 54,713 Shares of Deere & Company $DE

Park National Corp OH trimmed its holdings in Deere & Company (NYSE:DE) by 61.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,462 shares of the industrial products company’s stock after selling 54,713 shares during the quarter. Park National Corp OH’s holdings in Deere & Company were worth $16,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in DE. Strategic Advocates LLC acquired a new stake in Deere & Company during the third quarter worth approximately $25,000. Howard Hughes Medical Institute acquired a new position in Deere & Company in the second quarter valued at approximately $27,000. Activest Wealth Management boosted its holdings in shares of Deere & Company by 69.2% during 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 in the last quarter. Wealth Watch Advisors INC bought a new position in shares of Deere & Company during the 3rd quarter worth approximately $32,000. Finally, Soundwatch Capital LLC acquired a new stake in shares of Deere & Company during the 2nd quarter worth approximately $41,000. Institutional investors own 68.58% of the company’s stock.

Insider Transactions at Deere & Company

In related news, insider Cory J. Reed sold 12,000 shares of the company’s stock in a transaction dated Wednesday, January 14th. The shares were 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 $10,603,920. This represents a 36.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO John C. May II sold 41,472 shares of the firm’s 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 transaction, the chief executive officer directly owned 117,970 shares in the company, valued at approximately $59,160,775.30. The trade was a 26.01% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is owned by company insiders.

Deere & Company Price Performance

Shares of NYSE:DE opened at $566.92 on Friday. Deere & Company has a twelve month low of $404.42 and a twelve month high of $674.19. The stock’s 50 day moving average is $571.33 and its 200-day moving average is $505.28. The company has a quick ratio of 1.96, a current ratio of 2.21 and a debt-to-equity ratio of 1.59. 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.

Deere & Company (NYSE:DE) last posted its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share (EPS) 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 the consensus estimate of $7.50 billion. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. Deere & Company’s revenue was up 17.5% compared to the same quarter last year. During the same quarter last year, the firm posted $3.19 EPS. Sell-side analysts forecast that Deere & Company will post 19.32 EPS for the current fiscal year.

Deere & Company Announces Dividend

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

More Deere & Company News

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on DE shares. Raymond James Financial reiterated an “outperform” rating and issued a $765.00 price objective on shares of Deere & Company in a research note on Monday, February 23rd. Citigroup cut their target price on shares of Deere & Company from $675.00 to $625.00 and set a “neutral” rating on the stock in a research note on Monday, March 9th. Royal Bank Of Canada raised their price target on shares of Deere & Company from $541.00 to $736.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. Wall Street Zen raised shares of Deere & Company from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, Truist Financial upped their price objective on shares of Deere & Company from $612.00 to $793.00 and gave the company a “buy” rating in a report on Friday, February 20th. Sixteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Deere & Company presently has an average rating of “Moderate Buy” and a consensus price target of $644.70.

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.