Robecosam AG decreased its holdings in Deere & Company (NYSE:DE) by 11.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,543 shares of the industrial products company’s stock after selling 5,172 shares during the period. Robecosam AG’s holdings in Deere & were worth $5,137,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. QCI Asset Management Inc. NY grew its position in shares of Deere & by 18.8% during the 2nd quarter. QCI Asset Management Inc. NY now owns 950 shares of the industrial products company’s stock worth $117,000 after buying an additional 150 shares in the last quarter. Arrow Financial Corp grew its position in shares of Deere & by 5.2% during the 2nd quarter. Arrow Financial Corp now owns 1,010 shares of the industrial products company’s stock worth $125,000 after buying an additional 50 shares in the last quarter. Harfst & Associates Inc. grew its position in shares of Deere & by 44.2% during the 2nd quarter. Harfst & Associates Inc. now owns 1,175 shares of the industrial products company’s stock worth $145,000 after buying an additional 360 shares in the last quarter. YorkBridge Wealth Partners LLC grew its position in shares of Deere & by 1.1% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,236 shares of the industrial products company’s stock worth $154,000 after buying an additional 13 shares in the last quarter. Finally, San Francisco Sentry Investment Group CA bought a new position in shares of Deere & during the 2nd quarter worth $155,000. Institutional investors and hedge funds own 67.05% of the company’s stock.

Shares of Deere & Company (DE) opened at $145.50 on Friday. The company has a quick ratio of 1.90, a current ratio of 2.12 and a debt-to-equity ratio of 2.71. Deere & Company has a 12 month low of $98.57 and a 12 month high of $147.91. The company has a market capitalization of $46,830.00, a PE ratio of 21.88, a price-to-earnings-growth ratio of 2.56 and a beta of 0.73.

Deere & (NYSE:DE) last released its quarterly earnings results on Wednesday, November 22nd. The industrial products company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.10. Deere & had a return on equity of 26.31% and a net margin of 7.22%. The company had revenue of $7.09 billion during the quarter, compared to analysts’ expectations of $6.91 billion. During the same period last year, the business posted $0.90 earnings per share. The firm’s revenue was up 25.6% compared to the same quarter last year. equities research analysts predict that Deere & Company will post 7.08 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Shareholders of record on Friday, September 29th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date was Thursday, September 28th. Deere &’s dividend payout ratio (DPR) is presently 43.24%.

In other Deere & news, insider Pentz Markwart Von sold 22,095 shares of the stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $120.10, for a total value of $2,653,609.50. Following the completion of the sale, the insider now directly owns 51,626 shares in the company, valued at $6,200,282.60. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Max A. Guinn sold 8,551 shares of the stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $134.89, for a total value of $1,153,444.39. Following the completion of the sale, the insider now owns 50,939 shares of the company’s stock, valued at $6,871,161.71. The disclosure for this sale can be found here. Over the last quarter, insiders sold 102,684 shares of company stock valued at $13,270,809. 0.85% of the stock is currently owned by company insiders.

DE has been the topic of a number of recent research reports. Goldman Sachs Group Inc raised Deere & from a “buy” rating to a “conviction-buy” rating and set a $129.75 price target on the stock in a research report on Monday, August 7th. Jefferies Group LLC reaffirmed a “hold” rating and set a $125.00 price objective on shares of Deere & in a research report on Wednesday, August 9th. Deutsche Bank AG reaffirmed a “hold” rating and set a $139.00 price objective (up previously from $135.00) on shares of Deere & in a research report on Friday, August 11th. Bank of America Corporation downgraded Deere & from a “buy” rating to a “neutral” rating and set a $145.00 price objective on the stock. in a research report on Tuesday, August 15th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $150.00 price objective (up previously from $140.00) on shares of Deere & in a research report on Wednesday, August 16th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $135.43.

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Deere & Profile

Deere & Company is engaged in equipment operations. The Company is engaged in providing financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The agriculture and turf segment manufactures and distributes a line of agriculture and turf equipment and related service parts.

Institutional Ownership by Quarter for Deere & (NYSE:DE)

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