Natixis Advisors LLC Sells 4,326 Shares of Deere & Company $DE

Key Points

• Natixis Advisors LLC reduced its stake in Deere by 1.2%, selling 4,326 shares and ending the quarter with 342,813 shares valued at about $156.75 million.
• Top insiders sold significant stock: CEO John C. May II sold 41,472 shares for roughly $20.8 million and Cory J. Reed sold 12,000 shares (~$6.12 million), leaving insiders with just 0.29% ownership.
• Deere beat expectations with Q EPS of $2.42 (vs. $1.90) and revenue of $9.61 billion, and analysts maintain a "Moderate Buy" consensus with an average target of $647.20 while some firms raised targets up to $775.

Natixis Advisors LLC reduced its stake in shares of Deere & Company (NYSE:DE - Free Report) by 1.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 342,813 shares of the industrial products company's stock after selling 4,326 shares during the quarter. Natixis Advisors LLC owned approximately 0.13% of Deere & Company worth $156,754,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the stock. Howard Hughes Medical Institute bought a new stake in Deere & Company during the 2nd quarter valued at approximately $27,000. Activest Wealth Management increased its stake in shares of Deere & Company by 69.2% in the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company's stock worth $30,000 after acquiring an additional 27 shares in the last quarter. United Community Bank boosted its position in shares of Deere & Company by 67.3% in the 3rd quarter. United Community Bank now owns 92 shares of the industrial products company's stock worth $42,000 after purchasing an additional 37 shares in the last quarter. Lynch Asset Management Inc. bought a new position in shares of Deere & Company during the third quarter valued at $46,000. Finally, Vision Financial Markets LLC bought a new stake in Deere & Company during the 3rd quarter valued at about $46,000. Institutional investors own 68.58% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Wolfe Research upped their price objective on Deere & Company from $520.00 to $550.00 and gave the company an "outperform" rating in a research report on Friday, January 2nd. JPMorgan Chase & Co. decreased their price objective on Deere & Company from $480.00 to $460.00 and set a "neutral" rating on the stock in a research note on Friday, December 19th. Raymond James Financial restated an "outperform" rating and set a $765.00 price objective on shares of Deere & Company in a research report on Monday, February 23rd. DA Davidson upped their target price on shares of Deere & Company from $580.00 to $775.00 and gave the stock a "buy" rating in a report on Friday, February 20th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Deere & Company in a research note on Monday, December 29th. Sixteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $647.20.

Insider Activity

In other Deere & Company news, CEO John C. May II sold 41,472 shares of the business's stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the completion of the transaction, the chief executive officer owned 117,970 shares in the company, valued at $59,160,775.30. The trade was a 26.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Cory J. Reed sold 12,000 shares of the business's stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the sale, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is owned by company insiders.

Deere & Company Price Performance

Deere & Company stock opened at $589.22 on Friday. The firm's fifty day moving average is $551.94 and its 200 day moving average is $499.57. The company has a quick ratio of 1.96, a current ratio of 2.21 and a debt-to-equity ratio of 1.59. The company has a market cap of $159.15 billion, a price-to-earnings ratio of 33.21, a PEG ratio of 2.07 and a beta of 0.96. Deere & Company has a 52-week low of $404.42 and a 52-week high of $674.19.

Deere & Company (NYSE:DE - Get Free Report) last released its quarterly 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 analyst estimates of $7.50 billion. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The firm's revenue was up 17.5% on a year-over-year basis. During the same quarter last year, the business posted $3.19 earnings per share. Sell-side analysts forecast that Deere & Company will post 19.32 EPS for the current fiscal year.

Deere & Company Dividend Announcement

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 issued a $1.62 dividend. This represents a $6.48 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, March 31st. Deere & Company's dividend payout ratio (DPR) is 36.53%.

Key Deere & Company News

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

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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