AIA Group Ltd Sells 28,906 Shares of Deere & Company $DE

AIA Group Ltd lowered its position in Deere & Company (NYSE:DE) by 45.3% during the third quarter, Holdings Channel reports. The firm owned 34,864 shares of the industrial products company’s stock after selling 28,906 shares during the period. AIA Group Ltd’s holdings in Deere & Company were worth $15,942,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Strategic Advocates LLC bought a new position in Deere & Company during the third quarter worth $25,000. Howard Hughes Medical Institute bought a new stake in Deere & Company during the second quarter valued at $27,000. Activest Wealth Management grew its holdings in Deere & Company by 69.2% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 27 shares during the period. Wealth Watch Advisors INC acquired a new stake in Deere & Company during the 3rd quarter worth about $32,000. Finally, Soundwatch Capital LLC bought a new position in shares of Deere & Company in the 2nd quarter worth about $41,000. 68.58% of the stock is owned by institutional investors.

Deere & Company Price Performance

DE stock opened at $570.36 on Thursday. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96. The company’s 50-day moving average is $570.02 and its 200-day moving average is $504.85. The stock has a market capitalization of $154.06 billion, a PE ratio of 32.15, a price-to-earnings-growth ratio of 2.01 and a beta of 0.96. Deere & Company has a 1 year low of $404.42 and a 1 year high of $674.19.

Deere & Company (NYSE:DE) last issued its earnings results on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.52. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The business had revenue of $9.61 billion during the quarter, compared to analyst estimates of $7.50 billion. During the same period in the previous year, the company posted $3.19 EPS. The firm’s revenue was up 17.5% compared to the same quarter last year. Equities research analysts expect that Deere & Company will post 19.32 EPS for the current fiscal year.

Deere & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $1.62 per share. The ex-dividend date is Tuesday, March 31st. This represents a $6.48 annualized dividend and a dividend yield of 1.1%. Deere & Company’s payout ratio is currently 36.53%.

Insider Activity at Deere & Company

In related news, insider Cory J. Reed sold 12,000 shares of the stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total value of $6,120,000.00. Following the transaction, the insider directly owned 20,792 shares in the company, valued at $10,603,920. This trade represents a 36.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO John C. May II sold 41,472 shares of Deere & Company stock in a transaction on Thursday, January 8th. The shares were 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 of the company’s stock, valued at approximately $59,160,775.30. The trade was a 26.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.29% of the company’s stock.

Wall Street Analysts Forecast Growth

DE has been the topic of a number of recent analyst reports. Royal Bank Of Canada boosted their price objective on Deere & Company from $541.00 to $736.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Deere & Company in a report on Monday, December 1st. Evercore reissued a “positive” rating on shares of Deere & Company in a research note on Friday, November 28th. DA Davidson increased their price target on Deere & Company from $580.00 to $775.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Finally, Wall Street Zen raised shares of Deere & Company from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Deere & Company presently has a consensus rating of “Moderate Buy” and an average price target of $644.70.

Key Headlines Impacting Deere & Company

Here are the key news stories impacting Deere & Company this week:

• Positive Sentiment: Order-flow bullishness: A Power Inflow / trading-signal alert flagged strong institutional/retail order flow at roughly $564, which coincided with a >2% intraday bounce — a short-term technical catalyst that can attract momentum traders. Deere Shares Rise Over 2% After Key Trading Signal
• Positive Sentiment: Policy tailwind: Progress on a new farm bill in Congress could boost long-term ag spending and agri‑tech investment, supporting equipment demand and Deere’s end markets over the next several years. Farm Bill Providing Big Boost to Agri-Tech Gains Momentum in Congress
• Neutral Sentiment: Investor attention / watchlist interest: Zacks notes rising interest in DE among its users and flags the key fundamentals to monitor (demand, commodity & crop economics, supply chain, margins), which could amplify volatility as news arrives. Deere & Company (DE) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Competitive/relative view: Recent comparisons between Deere and AGCO highlight mixed industry dynamics — growth and margin differences and strategy shifts — which will shape relative valuation and investor preference within the sector. Deere vs. AGCO Corp: Which Farm Equipment Stock Is the Better Buy Now?
• Negative Sentiment: Short-term pullback and valuation questions: Coverage notes a recent weekly/month decline and calls attention to valuation signals after the share price pullback — a reminder that despite strong recent multi‑quarter returns and solid earnings beats, some investors see less near-term upside until clarity on demand and margins returns. Assessing Deere (DE) Valuation After Recent Share Price Pullback And Undervaluation Signals

Deere & Company Profile

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.