Deere & Company (NYSE:DE) VP Mary K.W. Jones sold 10,220 shares of the stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $165.06, for a total transaction of $1,686,913.20. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Mary K.W. Jones also recently made the following trade(s):

  • On Tuesday, November 28th, Mary K.W. Jones sold 34,136 shares of Deere & Company stock. The stock was sold at an average price of $124.72, for a total transaction of $4,257,441.92.

Shares of Deere & Company (NYSE DE) opened at $164.94 on Thursday. The company has a market cap of $52,990.00, a price-to-earnings ratio of 24.80, a price-to-earnings-growth ratio of 2.46 and a beta of 0.77. The company has a debt-to-equity ratio of 2.71, a current ratio of 2.12 and a quick ratio of 1.95. Deere & Company has a 12 month low of $103.99 and a 12 month high of $168.44.

Deere & Company (NYSE:DE) last announced 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. The firm had revenue of $7.09 billion during the quarter, compared to analysts’ expectations of $6.91 billion. Deere & Company had a net margin of 7.22% and a return on equity of 26.31%. The company’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.90 earnings per share. equities research analysts expect that Deere & Company will post 7.95 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Friday, December 29th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Thursday, December 28th. Deere & Company’s dividend payout ratio is currently 36.09%.

Several brokerages have recently issued reports on DE. Royal Bank of Canada raised shares of Deere & Company from a “sector perform” rating to an “outperform” rating and lowered their price objective for the stock from $190.00 to $155.00 in a research report on Wednesday. Wells Fargo & Co reissued an “outperform” rating and set a $200.00 price objective (up previously from $170.00) on shares of Deere & Company in a research report on Wednesday. Barclays raised shares of Deere & Company from a “sector perform” rating to an “outperform” rating and set a $171.00 price objective for the company in a research report on Wednesday. ValuEngine raised shares of Deere & Company from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, BMO Capital Markets increased their price objective on shares of Deere & Company to $165.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 28th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $145.38.

Several hedge funds and other institutional investors have recently bought and sold shares of DE. Capital International Investors lifted its stake in shares of Deere & Company by 35.4% during the 3rd quarter. Capital International Investors now owns 8,807,474 shares of the industrial products company’s stock worth $1,106,131,000 after buying an additional 2,300,531 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Deere & Company by 128.2% during the 3rd quarter. Janus Henderson Group PLC now owns 2,587,339 shares of the industrial products company’s stock worth $324,942,000 after buying an additional 1,453,754 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Deere & Company by 5.6% during the 2nd quarter. Vanguard Group Inc. now owns 21,593,762 shares of the industrial products company’s stock worth $2,668,774,000 after buying an additional 1,153,484 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Deere & Company by 242.6% during the 2nd quarter. Principal Financial Group Inc. now owns 1,450,533 shares of the industrial products company’s stock worth $179,271,000 after buying an additional 1,027,175 shares during the last quarter. Finally, FMR LLC lifted its stake in shares of Deere & Company by 18.3% during the 2nd quarter. FMR LLC now owns 5,032,313 shares of the industrial products company’s stock worth $621,943,000 after buying an additional 777,519 shares during the last quarter. Institutional investors own 67.36% of the company’s stock.

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Deere & Company Company 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.

Insider Buying and Selling by Quarter for Deere & Company (NYSE:DE)

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