Blair William & Co. IL Buys 9,598 Shares of Deere & Company $DE

Key Points

• Blair William & Co. IL increased its position in Deere by 7.1%, buying 9,598 shares to hold 145,580 shares worth about $66.57 million, as institutional investors now own roughly 68.6% of the company.
• Insider selling was notable: Cory J. Reed sold 12,000 shares at about $510 and CEO John C. May II sold 41,472 shares at about $501.49, each materially reducing their holdings.
• Deere beat the quarter (EPS $2.42 vs. $1.90; revenue $9.61B vs. $7.50B), completed the acquisition of Tenna and drew analyst price‑target increases, but its premium valuation (P/E ~33) and macro/sector risks remain potential headwinds.

Blair William & Co. IL grew its position in Deere & Company (NYSE:DE - Free Report) by 7.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 145,580 shares of the industrial products company's stock after purchasing an additional 9,598 shares during the period. Blair William & Co. IL owned about 0.05% of Deere & Company worth $66,568,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in DE. Brighton Jones LLC lifted 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. Schnieders Capital Management LLC. grew its stake in Deere & Company by 7.8% during the second quarter. Schnieders Capital Management LLC. now owns 2,076 shares of the industrial products company's stock worth $1,056,000 after buying an additional 150 shares during the last quarter. Savant Capital LLC grew its stake in Deere & Company by 2.8% during the second quarter. Savant Capital LLC now owns 14,856 shares of the industrial products company's stock worth $7,554,000 after buying an additional 405 shares during the last quarter. Vestmark Advisory Solutions Inc. increased its holdings in shares of Deere & Company by 98.4% during the second quarter. Vestmark Advisory Solutions Inc. now owns 9,855 shares of the industrial products company's stock worth $5,011,000 after buying an additional 4,889 shares in the last quarter. Finally, Harvest Portfolios Group Inc. increased its holdings in shares of Deere & Company by 5.7% during the second quarter. Harvest Portfolios Group Inc. now owns 3,910 shares of the industrial products company's stock worth $1,988,000 after buying an additional 210 shares in the last quarter. Institutional investors own 68.58% of the company's stock.

Insiders Place Their Bets

In other news, insider Cory J. Reed sold 12,000 shares of the company's stock in a transaction 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 transaction, the insider owned 20,792 shares of the company's stock, valued at $10,603,920. This represents a 36.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO John C. May II sold 41,472 shares of the firm's stock in a transaction dated 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 transaction, the chief executive officer owned 117,970 shares in the company, valued at approximately $59,160,775.30. This represents a 26.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.29% of the company's stock.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: Acquisition of Tenna — Deere completed the purchase of construction-technology firm Tenna to scale mixed‑fleet telematics and services for its Construction & Forestry segment, signaling incremental recurring‑revenue and product expansion potential. Will Deere's Tenna Buyout Aid Its Construction & Forestry Segment?
• Positive Sentiment: Analyst support — Wells Fargo reiterated a Buy rating for DE, and Argus also flagged upside potential, giving institutional conviction that can underpin the stock amid short‑term noise. Wells Fargo Sticks to Its Buy Rating for Deere (DE) Argus Analyst Says DE Stock Price Expected to Rise
• Neutral Sentiment: Trending/attention — Zacks notes DE is a trending stock, increasing retail attention; that can amplify moves but isn't a directional catalyst by itself. Deere & Company (DE) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Marketing/customer engagement — Deere's "Building America" excavator contest at CONEXPO boosts brand and dealer engagement; helpful for long‑term demand but not an immediate earnings driver. John Deere Launches Building America Excavator Contest at Conexpo
• Neutral Sentiment: Options activity — Unusual options flow suggests speculative positioning that can increase intraday volatility but doesn't change fundamentals. Looking At Deere's Recent Unusual Options Activity
• Negative Sentiment: Valuation/rotation concerns — After a strong multi‑period run, analysts and articles ask whether much of the upside is already priced in; DE's premium valuation (P/E elevated vs history) makes it sensitive to any slowdown in farm income or capital‑goods demand. Is It Too Late To Consider Deere (DE) After Its Strong Share Price Run?
• Negative Sentiment: Macro & sector risks — Zacks highlights risks (falling farm income, tariff pressure, premium multiple) that could sap upside, and weekly market notes point to geopolitical and economic headwinds that are pressuring cyclical stocks like Deere. DE Gains 33% in a Year: What's the Right Strategy for Investors Now? MarketBeat Week in Review – 03/02 - 03/06

Deere & Company Price Performance

DE opened at $589.22 on Friday. 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 stock has a market capitalization of $159.15 billion, a P/E ratio of 33.21, a price-to-earnings-growth ratio of 2.07 and a beta of 0.96. The company's 50 day simple moving average is $551.94 and its 200-day simple moving average is $499.57. Deere & Company has a one year low of $404.42 and a one year high of $674.19.

Deere & Company (NYSE:DE - Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The firm had revenue of $9.61 billion during the quarter, compared to analysts' expectations of $7.50 billion. During the same quarter in the previous year, the company posted $3.19 EPS. Deere & Company's revenue was up 17.5% on a year-over-year basis. Sell-side analysts anticipate that Deere & Company will post 19.32 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Robert W. Baird boosted their target price on Deere & Company from $467.00 to $675.00 and gave the stock a "neutral" rating in a report on Friday, February 20th. Truist Financial raised their price target on Deere & Company from $612.00 to $793.00 and gave the company a "buy" rating in a report on Friday, February 20th. Bank of America lifted their price objective on Deere & Company from $502.00 to $672.00 and gave the company a "neutral" rating in a research report on Friday, February 20th. BMO Capital Markets boosted their price objective on Deere & Company from $460.00 to $500.00 and gave the stock a "market perform" rating in a research note on Friday, February 20th. Finally, Morgan Stanley increased their target price on Deere & Company from $560.00 to $730.00 and gave the stock an "overweight" rating in a report on Monday, February 23rd. Sixteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $647.20.

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.

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