Citizens Financial Group Inc. RI Has $7.28 Million Position in Deere & Company $DE

Key Points

• Citizens Financial Group Inc. RI trimmed its position in Deere & Company by 11.1% in Q4, selling 1,943 shares and leaving it with 15,625 shares worth about $7.28 million.
• Deere named Brent Norwood as CFO (an internal hire) to provide continuity, and the company recently beat quarterly estimates with $2.42 EPS versus $1.90 expected and $9.61 billion in revenue.
• Deere declared a quarterly dividend of $1.62 (annualized $6.48, yield 1.1%) and analysts' consensus remains a "Moderate Buy" with an average price target of $655.45 after several target increases.

Citizens Financial Group Inc. RI cut its stake in Deere & Company (NYSE:DE - Free Report) by 11.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,625 shares of the industrial products company's stock after selling 1,943 shares during the quarter. Citizens Financial Group Inc. RI's holdings in Deere & Company were worth $7,275,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC increased its position in Deere & Company by 39.1% during the fourth quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company's stock worth $1,927,000 after acquiring an additional 1,278 shares during the period. Schnieders Capital Management LLC. increased its position 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 acquiring an additional 150 shares during the period. Jump Financial LLC bought a new position in Deere & Company during the second quarter worth about $2,153,000. NewEdge Advisors LLC increased its position in Deere & Company by 6.0% during the second quarter. NewEdge Advisors LLC now owns 18,758 shares of the industrial products company's stock worth $9,538,000 after acquiring an additional 1,067 shares during the period. Finally, Main Street Financial Solutions LLC increased its position in Deere & Company by 6.7% during the second quarter. Main Street Financial Solutions LLC now owns 1,551 shares of the industrial products company's stock worth $789,000 after acquiring an additional 97 shares during the period. 68.58% of the stock is owned by institutional investors.

More Deere & Company News

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

• Positive Sentiment: Board names Brent Norwood as CFO (internal hire), providing continuity after a formal internal/external search — this should reduce transition risk and supports financial execution. Deere & Company Board Elects Brent Norwood as Chief Financial Officer
• Neutral Sentiment: Sector/compiler commentary: a Trefis piece highlights Caterpillar’s valuation shift (higher multiple driven by AI/data-center demand), which can reframe investor comparisons within large-cap equipment names and encourage rotation or relative re-rating away from traditional ag-equipment plays like Deere. Has CAT Stock Run Ahead Of Its Valuation?
• Neutral Sentiment: Market note reporting intraday weakness: coverage pieces (Zacks) flagged that Deere shares slid while the broader market rose, signaling stock-specific profit-taking or repositioning by traders rather than a broad sector sell-off. Deere (DE) Stock Slides as Market Rises: Facts to Know Before You Trade
• Negative Sentiment: Analyst tweak: Erste Group slightly cut its FY2027 EPS forecast for Deere (a marginal reduction), which may have nudged sentiment downward given the stock’s rich multiples and recent strong performance — even small estimate reductions can trigger selling in high-PE industrial names. Erste trims FY2027 estimate for Deere

Deere & Company Trading Down 2.0%

DE opened at $578.26 on Friday. The company's 50 day moving average is $590.37 and its 200-day moving average is $528.84. Deere & Company has a 1-year low of $433.00 and a 1-year high of $674.19. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59. The company has a market cap of $156.19 billion, a P/E ratio of 32.60, a PEG ratio of 2.06 and a beta of 0.96.

Deere & Company (NYSE:DE - Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, beating analysts' consensus estimates of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The company had revenue of $9.61 billion for the quarter, compared to the consensus estimate of $7.50 billion. During the same period last year, the company posted $3.19 EPS. The firm's quarterly revenue was up 17.5% compared to the same quarter last year. Equities research analysts predict that Deere & Company will post 18.01 earnings per share for the current fiscal year.

Deere & Company Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Sanford C. Bernstein raised their price target on shares of Deere & Company from $521.00 to $615.00 and gave the stock a "market perform" rating in a research report on Friday, February 20th. Royal Bank Of Canada raised their price target on shares of Deere & Company from $541.00 to $736.00 and gave the stock an "outperform" rating in a research report on Friday, February 20th. Oppenheimer reaffirmed an "outperform" rating and set a $715.00 price target on shares of Deere & Company in a research report on Friday, February 20th. DA Davidson raised their price target on shares of Deere & Company from $580.00 to $775.00 and gave the stock a "buy" rating in a research report on Friday, February 20th. Finally, Wells Fargo & Company raised their price target on shares of Deere & Company from $543.00 to $750.00 and gave the stock an "overweight" rating in a research report on Friday, February 20th. Sixteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $655.45.

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.

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