Deere & Company $DE Shares Sold by Securian Asset Management Inc.

Key Points

• Securian Asset Management cut its Deere stake by 44.4% in the fourth quarter, selling 5,464 shares and leaving it with 6,836 shares valued at about $3.18 million.
• Deere’s latest quarterly results beat expectations, with EPS of $2.42 versus $1.90 expected and revenue of $9.61 billion versus $7.50 billion expected, while revenue rose 17.5% year over year.
• Wall Street remains constructive on DE, with analysts assigning a Moderate Buy consensus and an average price target of $655.45; the stock also recently paid a $1.62 quarterly dividend for a 1.1% annual yield.

Securian Asset Management Inc. lessened its position in shares of Deere & Company (NYSE:DE - Free Report) by 44.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,836 shares of the industrial products company's stock after selling 5,464 shares during the quarter. Securian Asset Management Inc.'s holdings in Deere & Company were worth $3,183,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Csenge Advisory Group grew its position in shares of Deere & Company by 84.9% in the third quarter. Csenge Advisory Group now owns 7,440 shares of the industrial products company's stock valued at $3,402,000 after purchasing an additional 3,416 shares during the period. Spectrum Financial Alliance Ltd LLC grew its position in shares of Deere & Company by 55.8% in the fourth quarter. Spectrum Financial Alliance Ltd LLC now owns 85,351 shares of the industrial products company's stock valued at $39,737,000 after purchasing an additional 30,553 shares during the period. Compagnie Lombard Odier SCmA grew its position in shares of Deere & Company by 66.1% in the third quarter. Compagnie Lombard Odier SCmA now owns 27,568 shares of the industrial products company's stock valued at $12,606,000 after purchasing an additional 10,974 shares during the period. Ashton Thomas Private Wealth LLC grew its position in shares of Deere & Company by 263.8% in the third quarter. Ashton Thomas Private Wealth LLC now owns 17,308 shares of the industrial products company's stock valued at $7,942,000 after purchasing an additional 12,551 shares during the period. Finally, Public Sector Pension Investment Board grew its position in shares of Deere & Company by 14.6% in the third quarter. Public Sector Pension Investment Board now owns 21,174 shares of the industrial products company's stock valued at $9,682,000 after purchasing an additional 2,702 shares during the period. Institutional investors and hedge funds own 68.58% of the company's stock.

Deere & Company Price Performance

Shares of DE opened at $574.70 on Monday. Deere & Company has a 1-year low of $433.00 and a 1-year high of $674.19. The stock has a market cap of $155.23 billion, a PE ratio of 32.40, a P/E/G ratio of 2.01 and a beta of 0.96. The firm has a 50-day simple moving average of $586.28 and a two-hundred day simple moving average of $532.75. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96.

Deere & Company (NYSE:DE - Get Free Report) last announced 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 business had revenue of $9.61 billion during the quarter, compared to analysts' expectations of $7.50 billion. During the same period last year, the business earned $3.19 earnings per share. The business's revenue for the quarter was up 17.5% on a year-over-year basis. As a group, analysts forecast that Deere & Company will post 18.01 EPS for the current year.

Deere & Company Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Tuesday, March 31st were issued a $1.62 dividend. The ex-dividend date was 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 36.53%.

Wall Street Analyst Weigh In

DE has been the topic of several research analyst reports. Barclays lifted their target price on shares of Deere & Company from $530.00 to $640.00 and gave the company an "overweight" rating in a research report on Tuesday, March 31st. UBS Group lifted their target price on shares of Deere & Company from $535.00 to $775.00 and gave the company a "buy" rating 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 note on Friday, February 20th. Morgan Stanley raised their price target on shares of Deere & Company from $560.00 to $730.00 and gave the stock an "overweight" rating in a research note on Monday, February 23rd. Finally, Bank of America lifted their target price on shares of Deere & Company from $502.00 to $672.00 and gave the stock a "neutral" rating in a research note on Friday, February 20th. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $655.45.

Key Deere & Company News

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

• Positive Sentiment: New commentary highlighted Deere as an agtech and food-innovation beneficiary, pointing to demand for smarter farming, sustainable ingredients, and protein solutions that could support long-term revenue growth. 3 AgTech & Food Innovation Stocks to Watch as Food Systems Evolve
• Positive Sentiment: A Seeking Alpha analysis argued Deere could be heading toward a Q2 earnings beat, citing industry tailwinds that may help support demand and investor sentiment ahead of results. Deere: Q2 Earnings Beat Could Be On The Way With Industry Tailwinds
• Positive Sentiment: Investors also got a constructive industry backdrop from a report projecting the forestry equipment market to expand through 2030, which supports Deere’s exposure to forestry and broader equipment demand. Forestry Equipment Industry Report 2026
• Neutral Sentiment: Deere appointed Brent Norwood as CFO, a leadership change that keeps attention on valuation, capital allocation, and execution of its Smart Industrial strategy, but does not appear to be an immediate earnings driver. New Deere CFO Appointment Puts Focus On Valuation And Capital Allocation
• Neutral Sentiment: Supplier-recognition updates for Deere partners reinforced the company’s manufacturing ecosystem, but these announcements are not likely to materially move DE shares on their own. Ascent Global Logistics Earns Recognition as a John Deere Partner-Level Supplier
• Negative Sentiment: Recent market coverage noted Deere has been declining more than the broader market, reflecting investor caution after the stock’s recent run and suggesting some near-term profit-taking. Deere (DE) Dips More Than Broader Market: What You Should Know

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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