Montag A & Associates Inc. Sells 8,236 Shares of Deere & Company $DE

Key Points

• Montag A & Associates cut its stake in Deere by 61.4%, selling 8,236 shares and leaving 5,186 shares worth about $2.423 million.
• Deere beat quarterly expectations, reporting $2.42 EPS versus $1.90 expected and revenue of $9.61 billion, up 17.5% year-over-year.
• Deere declared a quarterly dividend of $1.62 per share (annualized $6.48, ~1.1% yield) with a record date of March 31 and payment on May 8.

Montag A & Associates Inc. reduced its position in Deere & Company (NYSE:DE - Free Report) by 61.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,186 shares of the industrial products company's stock after selling 8,236 shares during the period. Montag A & Associates Inc.'s holdings in Deere & Company were worth $2,423,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of DE. Verdence Capital Advisors LLC boosted its stake in Deere & Company by 2.7% in the 4th quarter. Verdence Capital Advisors LLC now owns 773 shares of the industrial products company's stock worth $360,000 after purchasing an additional 20 shares in the last quarter. Bouchey Financial Group Ltd boosted its stake in Deere & Company by 4.4% in the 3rd quarter. Bouchey Financial Group Ltd now owns 500 shares of the industrial products company's stock worth $229,000 after purchasing an additional 21 shares in the last quarter. Silvant Capital Management LLC boosted its stake in Deere & Company by 0.5% in the 3rd quarter. Silvant Capital Management LLC now owns 4,449 shares of the industrial products company's stock worth $2,034,000 after purchasing an additional 21 shares in the last quarter. Blue Chip Partners LLC boosted its stake in Deere & Company by 1.4% in the 2nd quarter. Blue Chip Partners LLC now owns 1,574 shares of the industrial products company's stock worth $801,000 after purchasing an additional 21 shares in the last quarter. Finally, Romano Brothers AND Company boosted its stake in Deere & Company by 0.3% in the 4th quarter. Romano Brothers AND Company now owns 7,936 shares of the industrial products company's stock worth $3,695,000 after purchasing an additional 22 shares in the last quarter. 68.58% of the stock is currently owned by institutional investors.

Deere & Company Stock Performance

Shares of NYSE DE opened at $578.26 on Monday. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59. Deere & Company has a 12 month low of $433.00 and a 12 month high of $674.19. The company has a 50 day simple moving average of $590.37 and a two-hundred day simple moving average of $530.04. The stock has a market cap of $156.19 billion, a price-to-earnings ratio of 32.60, a PEG ratio of 2.01 and a beta of 0.96.

Deere & Company (NYSE:DE - Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, beating 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 business had revenue of $9.61 billion during the quarter, compared to analysts' expectations of $7.50 billion. During the same period in the previous year, the business posted $3.19 EPS. The business's quarterly revenue was up 17.5% compared to the same quarter last year. As a group, analysts predict that Deere & Company will post 18.01 earnings per share for the current year.

Deere & Company Announces Dividend

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

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

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Robert W. Baird lowered their target price on shares of Deere & Company from $675.00 to $580.00 and set a "neutral" rating for the company in a research note on Thursday, April 2nd. Argus lifted their target price on shares of Deere & Company from $540.00 to $700.00 and gave the stock a "buy" rating in a research note on Tuesday, March 3rd. 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. DA Davidson lifted their target price 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. Finally, Sanford C. Bernstein lifted their target price on shares of Deere & Company from $521.00 to $615.00 and gave the stock a "market perform" rating in a research note on Friday, February 20th. Sixteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price 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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