Deere & Company (NYSE:DE) insider Max A. Guinn sold 7,174 shares of the company’s stock in a transaction on Friday, October 27th. The shares were sold at an average price of $132.98, for a total value of $953,998.52. Following the completion of the sale, the insider now owns 49,562 shares of the company’s stock, valued at approximately $6,590,754.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Max A. Guinn also recently made the following trade(s):

  • On Tuesday, August 8th, Max A. Guinn sold 5,000 shares of Deere & stock. The shares were sold at an average price of $130.89, for a total value of $654,450.00.

Shares of Deere & Company (NYSE:DE) traded down 0.53% on Monday, reaching $132.55. The company’s stock had a trading volume of 771,564 shares. The stock has a market cap of $42.59 billion, a PE ratio of 22.01 and a beta of 0.69. Deere & Company has a 1-year low of $86.67 and a 1-year high of $133.76. The company’s 50 day moving average is $125.63 and its 200-day moving average is $122.05.

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

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 1st. Investors of record on Friday, September 29th will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend is Thursday, September 28th. Deere &’s dividend payout ratio is currently 40.20%.

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A number of equities research analysts have recently issued reports on the company. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Deere & in a research report on Sunday, August 20th. Credit Suisse Group set a $148.00 target price on Deere & and gave the stock a “buy” rating in a research report on Friday, August 18th. BidaskClub lowered Deere & from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Argus reaffirmed a “buy” rating and set a $140.00 target price on shares of Deere & in a research report on Tuesday, August 22nd. Finally, Stifel Nicolaus set a $135.00 target price on Deere & and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and nine have given a buy rating to the company’s stock. Deere & has a consensus rating of “Hold” and a consensus price target of $127.97.

Several large investors have recently added to or reduced their stakes in DE. BlackRock Inc. increased its position in shares of Deere & by 2,432.6% in the first quarter. BlackRock Inc. now owns 16,715,452 shares of the industrial products company’s stock valued at $1,819,643,000 after acquiring an additional 16,055,453 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Deere & by 8.2% in the first quarter. Vanguard Group Inc. now owns 20,440,278 shares of the industrial products company’s stock valued at $2,225,128,000 after acquiring an additional 1,541,004 shares during the last quarter. Janus Henderson Group PLC increased its position in shares of Deere & by 1,010.7% in the second quarter. Janus Henderson Group PLC now owns 1,133,585 shares of the industrial products company’s stock valued at $140,101,000 after acquiring an additional 1,031,528 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Deere & by 242.6% in the second quarter. Principal Financial Group Inc. now owns 1,450,533 shares of the industrial products company’s stock valued at $179,271,000 after acquiring an additional 1,027,175 shares during the last quarter. Finally, Capital International Investors increased its position in shares of Deere & by 14.4% in the second quarter. Capital International Investors now owns 6,506,943 shares of the industrial products company’s stock valued at $804,193,000 after acquiring an additional 820,991 shares during the last quarter. 65.95% of the stock is currently owned by institutional investors and hedge funds.

Deere & 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 & (NYSE:DE)

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