Solidarity Wealth LLC lifted its stake in Deere & Company (NYSE:DE – Free Report) by 352.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,143 shares of the industrial products company’s stock after purchasing an additional 4,006 shares during the quarter. Solidarity Wealth LLC’s holdings in Deere & Company were worth $2,352,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in Deere & Company by 39.1% during the 4th quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company’s stock valued at $1,927,000 after purchasing an additional 1,278 shares during the last quarter. Focus Partners Wealth boosted its position in shares of Deere & Company by 11.4% during the first quarter. Focus Partners Wealth now owns 33,683 shares of the industrial products company’s stock valued at $15,811,000 after buying an additional 3,443 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Deere & Company by 28.8% during the first quarter. Jones Financial Companies Lllp now owns 173,049 shares of the industrial products company’s stock valued at $80,687,000 after buying an additional 38,656 shares during the last quarter. Modern Wealth Management LLC raised its holdings in shares of Deere & Company by 0.8% in the first quarter. Modern Wealth Management LLC now owns 3,833 shares of the industrial products company’s stock worth $1,799,000 after buying an additional 29 shares during the period. Finally, Private Client Services LLC purchased a new stake in shares of Deere & Company in the second quarter worth approximately $244,000. 68.58% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Deere & Company
In related news, CEO John C. May II sold 41,472 shares of the company’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the completion of the sale, the chief executive officer directly owned 117,970 shares in the company, valued at $59,160,775.30. This represents a 26.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.29% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Analysis on DE
Deere & Company Trading Down 2.6%
NYSE:DE opened at $487.80 on Friday. Deere & Company has a one year low of $403.01 and a one year high of $533.78. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.01 and a current ratio of 2.22. The firm has a market cap of $131.92 billion, a P/E ratio of 26.35, a P/E/G ratio of 1.87 and a beta of 1.00. The firm has a 50-day simple moving average of $474.71 and a 200-day simple moving average of $481.86.
Deere & Company (NYSE:DE – Get Free Report) last released its quarterly earnings data on Wednesday, November 26th. The industrial products company reported $3.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.96 by ($0.03). The business had revenue of $12.39 billion for the quarter, compared to the consensus estimate of $9.77 billion. Deere & Company had a net margin of 11.00% and a return on equity of 20.54%. Deere & Company’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.55 earnings per share. Equities analysts anticipate that Deere & Company will post 19.32 EPS for the current fiscal year.
Deere & Company Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Wednesday, December 31st will be issued a $1.62 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.3%. Deere & Company’s dividend payout ratio (DPR) is currently 35.01%.
Deere & Company News Summary
Here are the key news stories impacting Deere & Company this week:
- Positive Sentiment: Deere expanded its relationship with Tenna, a fleet- and asset-tracking partner, and analysts raised price targets after the deal — this boosts Deere’s connected-equipment and services revenue outlook, a higher-margin growth area investors favor. Deere & Company (DE) Expands with Tenna Deal, Analysts Lift Price Targets
- Positive Sentiment: Macro/sector catalysts gave Deere a lift recently — Barron’s notes a political/food-policy story (RFK Jr.’s new food pyramid) that helped drive demand for ag-related names, showing how headlines can produce short-term buying in cyclical farm-equipment stocks. Deere Stock Closed Above $500. RFK Jr.’s New Food Pyramid May Be Why.
- Neutral Sentiment: Analyst/market roundup pieces summarize mixed sentiment: some see Deere’s earnings power and services growth as supportive, while others flag valuation after a strong one‑year rally — useful context but not an immediate catalyst by itself. What Does the Market Think About Deere & Co?
- Neutral Sentiment: Market and price reports (e.g., Economic Times summary) recap recent trading and fundamentals; they reinforce that Deere’s revenue growth and services mix remain strengths but also highlight that the stock is no longer a deep-value cyclic and is trading closer to premium multiples. Deere (DE) share price
- Negative Sentiment: Insider selling: CEO John C. May II sold 41,472 shares (~$20.8M) on Jan. 8, reducing his stake ~26% — a notable insider disposition that can be interpreted negatively by the market even if sales are for diversification or tax-liability reasons. SEC filing: Form 4 filing
- Negative Sentiment: Reputational/strategic critique: a recent feature (Inc.) questions Deere’s long-term strategy and social implications of its technology/ecosystem approach — these debates can raise ESG or regulatory concerns for some investors, though they’re more likely to affect sentiment gradually than drive immediate fundamentals. Did John Deere Build the Future or a Cage?
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.
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