PFA Pension Forsikringsaktieselskab Takes $75.23 Million Position in Deere & Company $DE

Key Points

• PFA Pension Forsikringsaktieselskab purchased a new stake of 160,082 shares in Deere worth approximately $75.23 million, representing about 0.06% of the company at quarter-end.
• Wall Street sentiment is broadly positive — with 16 Buy and 9 Hold ratings, the stock carries an average rating of “Moderate Buy” and an average target price of $655.45.
• Deere recently beat expectations with quarterly EPS of $2.42 (vs. $1.90) and revenue of $9.61 billion (up 17.5% YoY), and announced a quarterly dividend of $1.62 (annualized $6.48, yield 1.1%).

PFA Pension Forsikringsaktieselskab purchased a new stake in Deere & Company (NYSE:DE - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 160,082 shares of the industrial products company's stock, valued at approximately $75,229,000. PFA Pension Forsikringsaktieselskab owned about 0.06% of Deere & Company at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Strategic Advocates LLC bought a new position in shares of Deere & Company during the 3rd quarter worth approximately $25,000. Key Capital Management INC purchased a new stake in shares of Deere & Company during the fourth quarter valued at approximately $27,000. Activest Wealth Management lifted its holdings in Deere & Company by 69.2% during the third quarter. Activest Wealth Management now owns 66 shares of the industrial products company's stock worth $30,000 after acquiring an additional 27 shares during the period. Wealth Watch Advisors INC purchased a new position in Deere & Company in the third quarter worth $32,000. Finally, High Point Wealth Management LLC purchased a new position in Deere & Company in the fourth quarter worth $41,000. 68.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

DE has been the topic of a number of recent analyst reports. BMO Capital Markets lifted their target price 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. Robert W. Baird dropped their target price on shares of Deere & Company from $675.00 to $580.00 and set a "neutral" rating on the stock in a research note on Thursday, April 2nd. Wolfe Research increased their target price on shares of Deere & Company from $550.00 to $660.00 and gave the company an "outperform" rating in a research report on Tuesday, March 31st. 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 note on Friday, February 20th. Finally, Jefferies Financial Group raised shares of Deere & Company from an "underperform" rating to a "hold" rating and set a $550.00 price target on the stock in a report on Wednesday, April 8th. Sixteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $655.45.

Deere & Company Price Performance

Deere & Company stock opened at $578.26 on Friday. The firm has a market capitalization of $156.19 billion, a P/E ratio of 32.60, a PEG ratio of 2.01 and a beta of 0.96. Deere & Company has a one year low of $433.00 and a one year high of $674.19. 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 business has a fifty day moving average price of $590.37 and a 200-day moving average price of $529.47.

Deere & Company (NYSE:DE - Get Free Report) last posted its 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 return on equity of 18.93% and a net margin of 10.29%.The business had revenue of $9.61 billion during the quarter, compared to analyst estimates of $7.50 billion. During the same quarter in the previous year, the firm earned $3.19 EPS. The company's quarterly revenue was up 17.5% compared to the same quarter last year. As a group, equities research analysts forecast that Deere & Company will post 18.01 EPS for the current year.

Deere & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Tuesday, March 31st will be given 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 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

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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