Windward Capital Management Co. CA boosted its holdings in Deere & Company (NYSE:DE) by 20.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,628 shares of the industrial products company’s stock after acquiring an additional 1,642 shares during the quarter. Windward Capital Management Co. CA’s holdings in Deere & Company were worth $1,507,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. lifted its position in Deere & Company by 5.6% in the 2nd quarter. Vanguard Group Inc. now owns 21,593,762 shares of the industrial products company’s stock valued at $2,668,774,000 after acquiring an additional 1,153,484 shares in the last quarter. BlackRock Inc. lifted its position in Deere & Company by 2.5% in the 2nd quarter. BlackRock Inc. now owns 17,125,313 shares of the industrial products company’s stock valued at $2,116,517,000 after acquiring an additional 409,861 shares in the last quarter. Capital International Investors lifted its position in Deere & Company by 35.4% in the 3rd quarter. Capital International Investors now owns 8,807,474 shares of the industrial products company’s stock valued at $1,106,131,000 after acquiring an additional 2,300,531 shares in the last quarter. FMR LLC lifted its position in Deere & Company by 18.3% in the 2nd quarter. FMR LLC now owns 5,032,313 shares of the industrial products company’s stock valued at $621,943,000 after acquiring an additional 777,519 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Deere & Company by 21.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,621,764 shares of the industrial products company’s stock valued at $454,857,000 after acquiring an additional 634,001 shares in the last quarter. 67.36% of the stock is currently owned by institutional investors and hedge funds.

DE has been the topic of several recent research reports. Deutsche Bank raised their price target on shares of Deere & Company from $129.00 to $149.00 and gave the company a “hold” rating in a research report on Thursday, November 16th. Zacks Investment Research raised shares of Deere & Company from a “hold” rating to a “buy” rating and set a $150.00 price target on the stock in a research report on Thursday, November 2nd. Robert W. Baird raised shares of Deere & Company from a “neutral” rating to an “outperform” rating and raised their price target for the company from $140.00 to $155.00 in a research report on Tuesday, November 21st. ValuEngine raised shares of Deere & Company from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $155.00 target price (up previously from $134.00) on shares of Deere & Company in a research report on Wednesday, November 22nd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $145.38.

Deere & Company (NYSE:DE) opened at $164.94 on Thursday. Deere & Company has a one year low of $103.99 and a one year high of $168.44. The firm has a market cap of $52,990.00, a P/E ratio of 24.80, a P/E/G ratio of 2.46 and a beta of 0.77. The company has a quick ratio of 1.95, a current ratio of 2.12 and a debt-to-equity ratio of 2.71.

Deere & Company (NYSE:DE) last released its quarterly earnings data on Wednesday, November 22nd. The industrial products company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.10. Deere & Company had a net margin of 7.22% and a return on equity of 26.31%. The business had revenue of $7.09 billion during the quarter, compared to analyst estimates of $6.91 billion. During the same period in the previous year, the business earned $0.90 EPS. Deere & Company’s revenue was up 25.6% compared to the same quarter last year. equities analysts predict that Deere & Company will post 7.95 earnings per share for the current fiscal year.

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

In other news, VP Marc A. Howze sold 7,731 shares of the business’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $151.76, for a total transaction of $1,173,256.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Mary K.W. Jones sold 34,136 shares of the business’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $124.72, for a total transaction of $4,257,441.92. The disclosure for this sale can be found here. Insiders sold a total of 212,767 shares of company stock valued at $30,215,798 over the last quarter. 0.75% of the stock is owned by company insiders.

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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.

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

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