Ironwood Investment Counsel LLC grew its holdings in shares of Deere & Company (NYSE:DE) by 0.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,132 shares of the industrial products company’s stock after buying an additional 17 shares during the period. Ironwood Investment Counsel LLC’s holdings in Deere & were worth $1,129,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of DE. Louisiana State Employees Retirement System boosted its position in shares of Deere & by 1.7% during the second quarter. Louisiana State Employees Retirement System now owns 18,300 shares of the industrial products company’s stock valued at $2,262,000 after purchasing an additional 300 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of Deere & by 3.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 1,139,980 shares of the industrial products company’s stock valued at $140,891,000 after purchasing an additional 40,269 shares in the last quarter. Dai Ichi Life Insurance Company Ltd boosted its position in shares of Deere & by 42.1% during the first quarter. Dai Ichi Life Insurance Company Ltd now owns 21,438 shares of the industrial products company’s stock valued at $2,334,000 after purchasing an additional 6,353 shares in the last quarter. Ngam Advisors L.P. boosted its position in shares of Deere & by 20.8% during the first quarter. Ngam Advisors L.P. now owns 427,136 shares of the industrial products company’s stock valued at $46,498,000 after purchasing an additional 73,484 shares in the last quarter. Finally, IFP Advisors Inc boosted its position in shares of Deere & by 0.9% during the second quarter. IFP Advisors Inc now owns 15,525 shares of the industrial products company’s stock valued at $1,919,000 after purchasing an additional 142 shares in the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Deere & Company (NYSE DE) opened at 128.13 on Friday. The stock has a market cap of $41.17 billion, a PE ratio of 21.28 and a beta of 0.69. The company’s 50-day moving average price is $120.25 and its 200-day moving average price is $119.88. Deere & Company has a 52-week low of $85.27 and a 52-week high of $132.50.

Deere & (NYSE:DE) last posted its quarterly earnings data on Friday, August 18th. The industrial products company reported $1.97 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.93 by $0.04. The firm had revenue of $6.83 billion during the quarter, compared to analysts’ expectations of $6.92 billion. Deere & had a return on equity of 25.96% and a net margin of 6.81%. The business’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.55 EPS. On average, equities research analysts forecast that Deere & Company will post $6.52 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Friday, September 29th will be given a $0.60 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.87%. Deere &’s payout ratio is 40.20%.

DE has been the topic of several research reports. Citigroup Inc. lifted their price target on Deere & from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, June 9th. BidaskClub lowered Deere & from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) initiated coverage on Deere & in a research report on Tuesday, August 8th. They set a “buy” rating on the stock. Credit Suisse Group set a $148.00 price target on Deere & and gave the company a “buy” rating in a research report on Friday, August 18th. Finally, Argus restated a “buy” rating and set a $140.00 price target on shares of Deere & in a research report on Tuesday, August 22nd. Three equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and ten have issued a buy rating to the company. Deere & has a consensus rating of “Hold” and a consensus price target of $127.76.

In other Deere & news, insider Pentz Markwart Von sold 46,457 shares of Deere & stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $116.74, for a total transaction of $5,423,390.18. Following the completion of the sale, the insider now owns 47,165 shares of the company’s stock, valued at approximately $5,506,042.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider John C. May II sold 22,095 shares of Deere & stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $127.04, for a total value of $2,806,948.80. Following the sale, the insider now directly owns 51,429 shares of the company’s stock, valued at approximately $6,533,540.16. The disclosure for this sale can be found here. Insiders sold a total of 116,023 shares of company stock valued at $14,185,962 in the last three months. Insiders own 0.85% of the company’s stock.

WARNING: “Deere & Company (DE) Shares Bought by Ironwood Investment Counsel LLC” was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another site, it was illegally stolen and reposted in violation of United States and international trademark and copyright law. The legal version of this news story can be viewed at https://www.watchlistnews.com/deere-company-de-shares-bought-by-ironwood-investment-counsel-llc/1615003.html.

About Deere &

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)

Receive News & Ratings for Deere & Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deere & Company and related companies with Analyst Ratings Network's FREE daily email newsletter.