Sigma Planning Corp Cuts Stake in Deere & Company $DE

Key Points

• Sigma Planning Corp cut its stake by 23.1% in Deere during Q4, selling 2,292 shares and finishing the quarter with 7,630 shares valued at $3.383 million.
• Several other institutions increased positions — for example, Spectrum Financial Alliance added 30,553 shares to hold 85,351 and Csenge Advisory Group grew its stake by 84.9% — leaving institutional ownership at 68.58%.
• Deere topped quarterly expectations (EPS $2.42 vs. $1.90; revenue $9.61B vs. $7.50B), announced a $1.62 quarterly dividend (1.1% yield), and carries a consensus Moderate Buy rating with an average price target of $655.45.

Sigma Planning Corp cut its stake in Deere & Company (NYSE:DE - Free Report) by 23.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,630 shares of the industrial products company's stock after selling 2,292 shares during the quarter. Sigma Planning Corp's holdings in Deere & Company were worth $3,383,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in DE. Csenge Advisory Group increased its position in Deere & Company by 84.9% in the 3rd quarter. Csenge Advisory Group now owns 7,440 shares of the industrial products company's stock valued at $3,402,000 after acquiring an additional 3,416 shares during the period. Spectrum Financial Alliance Ltd LLC increased its position in Deere & Company by 55.8% in the 4th quarter. Spectrum Financial Alliance Ltd LLC now owns 85,351 shares of the industrial products company's stock valued at $39,737,000 after acquiring an additional 30,553 shares during the period. Compagnie Lombard Odier SCmA increased its position in Deere & Company by 66.1% in the 3rd quarter. Compagnie Lombard Odier SCmA now owns 27,568 shares of the industrial products company's stock valued at $12,606,000 after acquiring an additional 10,974 shares during the period. Ashton Thomas Private Wealth LLC increased its position in Deere & Company by 263.8% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 17,308 shares of the industrial products company's stock valued at $7,942,000 after acquiring an additional 12,551 shares during the period. Finally, Public Sector Pension Investment Board increased its position in Deere & Company by 14.6% in the 3rd quarter. Public Sector Pension Investment Board now owns 21,174 shares of the industrial products company's stock valued at $9,682,000 after acquiring an additional 2,702 shares during the period. 68.58% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Deere & Company

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

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Bank of America increased their price target on Deere & Company from $502.00 to $672.00 and gave the company a "neutral" rating in a research note on Friday, February 20th. BMO Capital Markets increased their price target on Deere & Company from $460.00 to $500.00 and gave the company a "market perform" rating in a research note on Friday, February 20th. Oppenheimer reissued an "outperform" rating and issued a $715.00 price target on shares of Deere & Company in a research note on Friday, February 20th. Raymond James Financial reissued an "outperform" rating and issued a $765.00 price target on shares of Deere & Company in a research note on Monday, February 23rd. Finally, Argus increased their price target on Deere & Company from $540.00 to $700.00 and gave the company a "buy" rating in a research note on Tuesday, March 3rd. Sixteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Deere & Company currently has an average rating of "Moderate Buy" and an average price target of $655.45.

Deere & Company Trading Down 2.0%

DE opened at $578.26 on Friday. Deere & Company has a twelve month low of $433.00 and a twelve month high of $674.19. 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 fifty day moving average of $590.37 and a 200-day moving average of $528.84. The stock has a market cap of $156.19 billion, a PE ratio of 32.60, a price-to-earnings-growth ratio of 2.06 and a beta of 0.96.

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

Deere & Company Announces Dividend

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

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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