Yousif Capital Management LLC Sells 1,949 Shares of Deere & Company $DE

Key Points

• Yousif Capital Management trimmed its stake in Deere & Company by 5.9% in Q4, selling 1,949 shares and leaving it with 30,911 shares valued at about $15.72 million.
• Deere beat Q4 expectations, reporting $2.42 EPS vs. $1.90 estimated and $9.61 billion in revenue (up 17.5% year‑over‑year); analysts forecast around $19.32 earnings per share for the current year and a consensus price target near $650.95.
• Notable insider selling occurred—CEO John C. May II sold 41,472 shares (~$20.8M) and Cory J. Reed sold 12,000 shares—and Deere agreed to a $99 million right‑to‑repair settlement that could create a near‑term cash charge and pressure aftermarket margins.

Yousif Capital Management LLC trimmed its stake in shares of Deere & Company (NYSE:DE - Free Report) by 5.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 30,911 shares of the industrial products company's stock after selling 1,949 shares during the quarter. Yousif Capital Management LLC's holdings in Deere & Company were worth $15,724,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DE. Strategic Advocates LLC bought a new stake in Deere & Company during the 3rd quarter worth approximately $25,000. Activest Wealth Management increased its holdings in Deere & Company by 69.2% during 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 during the period. Wealth Watch Advisors INC bought a new stake in Deere & Company during the 3rd quarter worth approximately $32,000. United Community Bank increased its holdings in Deere & Company by 67.3% during the 3rd quarter. United Community Bank now owns 92 shares of the industrial products company's stock worth $42,000 after acquiring an additional 37 shares during the period. Finally, GoalVest Advisory LLC increased its stake in Deere & Company by 56.7% in the 4th quarter. GoalVest Advisory LLC now owns 94 shares of the industrial products company's stock worth $44,000 after acquiring an additional 34 shares during the last quarter. 68.58% of the stock is currently owned by institutional investors.

Deere & Company Price Performance

DE stock opened at $575.01 on Wednesday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.96 and a current ratio of 2.21. Deere & Company has a 52 week low of $404.42 and a 52 week high of $674.19. The firm's fifty day moving average is $586.99 and its 200 day moving average is $514.72. The firm has a market cap of $155.32 billion, a P/E ratio of 32.41, a P/E/G ratio of 2.01 and a beta of 0.98.

Deere & Company (NYSE:DE - Get Free Report) last released its earnings results 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 company had revenue of $9.61 billion for the quarter, compared to analyst estimates of $7.50 billion. During the same quarter last year, the firm earned $3.19 EPS. The firm's quarterly revenue was up 17.5% compared to the same quarter last year. Research analysts predict that Deere & Company will post 19.32 earnings per share for the current year.

Deere & Company Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Tuesday, March 31st will be issued 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 (DPR) is 36.53%.

Insiders Place Their Bets

In other Deere & Company news, insider Cory J. Reed sold 12,000 shares of the firm's stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total value of $6,120,000.00. Following the sale, the insider owned 20,792 shares of the company's stock, valued at $10,603,920. This trade represents a 36.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John C. May II sold 41,472 shares of Deere & Company stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $501.49, for a total value of $20,797,793.28. Following the completion of the sale, the chief executive officer owned 117,970 shares in the company, valued at approximately $59,160,775.30. This represents a 26.01% 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.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Citigroup decreased their target price on Deere & Company from $675.00 to $625.00 and set a "neutral" rating on the stock in a research note on Monday, March 9th. Truist Financial upped their target price on Deere & Company from $612.00 to $793.00 and gave the stock a "buy" rating in a research note on Friday, February 20th. BMO Capital Markets upped 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. Wells Fargo & Company upped their target price on Deere & Company from $543.00 to $750.00 and gave the stock an "overweight" rating in a research note on Friday, February 20th. Finally, DA Davidson increased their price target 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. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Deere & Company presently has an average rating of "Moderate Buy" and a consensus price target of $650.95.

Deere & Company News Roundup

Here are the key news stories impacting Deere & Company this week:

• Positive Sentiment: Jefferies upgraded DE to Hold from Underperform, saying the ~15% pullback has improved risk/reward and leaves limited downside—this can support near-term buying interest from investors who saw the dip as an entry. Read More.
• Neutral Sentiment: Market-commentary pieces reassessing Deere’s valuation after multi-year gains emphasize that shares already reflect strong profitability and growth expectations; these note DE’s strong YTD and multi-year returns and argue investors should weigh elevated multiples against secular ag-equipment demand. Read More.
• Negative Sentiment: Deere agreed to pay $99 million to settle the right-to-repair class action and will provide farmers and independent repairers expanded digital tools and diagnostics for a multi-year period. The settlement removes litigation uncertainty (positive) but creates a near-term cash charge and could pressure aftermarket service margins and parts revenue over the next decade. Read More.
• Negative Sentiment: Some coverage flags remaining regulatory risk (e.g., pending FTC scrutiny) and broader industry implications; the settlement does not resolve all regulatory or competitive questions, leaving some uncertainty about long-term aftermarket economics. Read More.

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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