Sun Financial Inc Makes New $904,000 Investment in Deere & Company $DE

Key Points

• Sun Financial purchased a new stake in Deere & Company of 1,941 shares valued at approximately $904,000 during the fourth quarter, according to its latest 13F filing.
• Sell‑side sentiment is positive with a consensus rating of "Moderate Buy" and an average target price of $655.45, after multiple firms (e.g., Oppenheimer, Argus, Barclays) raised targets this year.
• Deere recently reported a quarterly earnings beat ($2.42 vs. $1.90 est.) and declared a quarterly dividend of $1.62 (annualized $6.48, ~1.1% yield) payable May 8.

Sun Financial Inc purchased a new position in shares of Deere & Company (NYSE:DE - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,941 shares of the industrial products company's stock, valued at approximately $904,000.

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

Analysts Set New Price Targets

DE has been the topic of a number of research analyst reports. Oppenheimer restated an "outperform" rating and set a $715.00 price target on shares of Deere & Company in a report on Friday, February 20th. JPMorgan Chase & Co. increased their price target on Deere & Company from $525.00 to $550.00 and gave the stock a "neutral" rating in a report on Friday, April 10th. Barclays upped their target price on Deere & Company from $530.00 to $640.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 31st. Wolfe Research upped their target price on Deere & Company from $550.00 to $660.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 31st. Finally, Argus upped their target price on Deere & Company from $540.00 to $700.00 and gave the stock a "buy" rating in a research report on Tuesday, March 3rd. Sixteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, Deere & Company currently has a consensus rating of "Moderate Buy" and an average target price of $655.45.

Trending Headlines about 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

Deere & Company Price Performance

Shares of NYSE:DE opened at $578.26 on Monday. The company has a quick ratio of 1.96, a current ratio of 2.21 and a debt-to-equity ratio of 1.59. Deere & Company has a twelve month low of $433.00 and a twelve month high of $674.19. The stock's 50 day moving average is $590.37 and its 200-day moving average is $530.04. The firm has a market capitalization 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 issued its earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, topping 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 company had revenue of $9.61 billion for the quarter, compared to analyst estimates of $7.50 billion. During the same period in the prior year, the firm earned $3.19 earnings per share. Deere & Company's revenue for the quarter was up 17.5% on a year-over-year basis. Sell-side analysts forecast that Deere & Company will post 18.01 EPS for the current fiscal year.

Deere & Company Dividend Announcement

The business also recently declared 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 yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Deere & Company's dividend payout ratio is presently 36.53%.

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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