Deere & Company $DE Shares Purchased by Coastline Trust Co

Coastline Trust Co boosted its stake in Deere & Company (NYSE:DE) by 81.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,272 shares of the industrial products company’s stock after buying an additional 1,913 shares during the quarter. Coastline Trust Co’s holdings in Deere & Company were worth $1,989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Strategic Advocates LLC purchased a new stake in shares of Deere & Company in the 3rd quarter valued at about $25,000. Howard Hughes Medical Institute acquired a new stake in shares of Deere & Company in the 2nd quarter valued at about $27,000. Activest Wealth Management grew its stake 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 buying an additional 27 shares during the last quarter. Wealth Watch Advisors INC purchased a new position in Deere & Company during the 3rd quarter worth approximately $32,000. Finally, Soundwatch Capital LLC acquired a new position in Deere & Company during the second quarter worth approximately $41,000. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: Recent fundamental strength: Deere’s operational momentum remains a tailwind — the company has shown strong revenue growth and past earnings beats, supporting medium-term fundamentals and analyst earnings power. (Background earnings and analyst estimates point to solid profitability and a multi-year growth profile.)
• Positive Sentiment: Potential macro catalyst — a new Farm Bill gaining momentum in Congress could increase federal support for agriculture and agri‑tech, which would be a structural tailwind for equipment demand and Deere’s long-term outlook. Farm Bill Providing Big Boost to Agri-Tech Gains Momentum in Congress
• Positive Sentiment: Technical/flow-based buying recently showed strength — a Power Inflow/order-flow signal on 3/18 triggered a >2% intraday rise, indicating institutional/retail demand can spark short-term rallies. Deere Shares Rise Over 2% After Key Trading Signal
• Neutral Sentiment: Investor attention and analyst writeups: Deere is getting increased coverage and screening interest; research pieces compare Deere with peers (AGCO) on growth, margins and valuation — useful for relative-value decisions but not an immediate directional driver. Deere & Company (DE) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Peer comparison: Recent articles contrast Deere vs. AGCO to weigh growth, margins and strategy — useful for portfolio allocation but highlights mixed positioning across the sector. Deere vs. AGCO Corp: Which Farm Equipment Stock Is the Better Buy Now?
• Negative Sentiment: Near-term pullback and valuation chatter: Analysts and screens note a short-term price pullback and mixed weekly/monthly returns; some investors point to elevated multiples (P/E near ~32, PEG ~2) as a reason for profit‑taking after strong multi‑year gains. Assessing Deere (DE) Valuation After Recent Share Price Pullback And Undervaluation Signals

Analyst Ratings Changes

DE has been the subject of several research analyst reports. Bank of America increased their price objective on Deere & Company from $502.00 to $672.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Deere & Company in a report on Monday, December 29th. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Deere & Company in a research report on Monday, December 1st. Morgan Stanley raised their price objective on shares of Deere & Company from $560.00 to $730.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Finally, Wells Fargo & Company lifted their price objective on shares of Deere & Company from $543.00 to $750.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Sixteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $644.70.

Deere & Company Stock Performance

Shares of DE opened at $566.92 on Friday. The stock has a market capitalization of $153.13 billion, a P/E ratio of 31.96, a P/E/G ratio of 2.00 and a beta of 0.96. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.96 and a current ratio of 2.21. Deere & Company has a 1 year low of $404.42 and a 1 year high of $674.19. The company’s fifty day moving average is $571.33 and its two-hundred day moving average is $505.28.

Deere & Company (NYSE:DE) last released its earnings results on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, topping the consensus estimate of $1.90 by $0.52. The company had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $7.50 billion. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The business’s revenue was up 17.5% on a year-over-year basis. During the same quarter last year, the business earned $3.19 EPS. On average, sell-side analysts predict that Deere & Company will post 19.32 earnings per share for the current year.

Deere & Company Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Tuesday, March 31st will be given a $1.62 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $6.48 dividend on an annualized basis and a yield of 1.1%. Deere & Company’s dividend payout ratio (DPR) is presently 36.53%.

Insider Transactions at Deere & Company

In other news, insider Cory J. Reed sold 12,000 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the completion of the transaction, the insider directly owned 20,792 shares of the company’s stock, valued at approximately $10,603,920. This represents a 36.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO John C. May II sold 41,472 shares of the firm’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $501.49, for a total value 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 $59,160,775.30. This represents a 26.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.29% of the stock is owned by company insiders.

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.