Rep. Julia Letlow Sells Off Shares of Deere & Company (NYSE:DE)

Key Points

• Rep. Julia Letlow disclosed selling between $1,001 and $15,000 of Deere & Company stock (trade dated Sept. 22) in a filing made public Jan. 13, and has executed several other small buy/sell trades in late 2025.
• Deere beat expectations in its latest quarter, reporting $2.42 EPS versus $1.90 expected and $9.61 billion in revenue versus $7.50 billion expected, and announced a quarterly dividend of $1.62 per share (1.1% yield).
• Large insider sales have also occurred recently (CEO John C. May II sold ~41,472 shares for about $20.8M; Cory J. Reed sold 12,000 shares for about $6.12M), while analysts on average rate the stock a "Moderate Buy" with a $644.70 price target.

Representative Julia Letlow (Republican-Louisiana) recently sold shares of Deere & Company NYSE: DE. In a filing disclosed on January 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Deere & Company stock on September 22nd. The trade occurred in the Representative's "MERRILL LYNCH INVESTMENT ACCOUNT #025" account.

Representative Julia Letlow also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of United Rentals NYSE: URI on 12/16/2025.
• Sold $1,001 - $15,000 in shares of Pinterest NYSE: PINS on 12/16/2025.
• Sold $1,001 - $15,000 in shares of Salesforce NYSE: CRM on 12/16/2025.
• Sold $1,001 - $15,000 in shares of Warner Bros. Discovery NASDAQ: WBD on 12/8/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 12/8/2025.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 12/8/2025.
• Sold $1,001 - $15,000 in shares of Mettler-Toledo International NYSE: MTD on 12/8/2025.
• Purchased $1,001 - $15,000 in shares of Icon Energy NASDAQ: ICON on 12/8/2025.
• Purchased $1,001 - $15,000 in shares of Devon Energy NYSE: DVN on 12/8/2025.
• Purchased $1,001 - $15,000 in shares of AstraZeneca NASDAQ: AZN on 12/8/2025.

Deere & Company Trading Down 1.1%

NYSE DE opened at $592.69 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. The firm has a market cap of $160.09 billion, a PE ratio of 33.41, a P/E/G ratio of 2.11 and a beta of 0.96. Deere & Company has a one year low of $404.42 and a one year high of $674.19. The firm's fifty day moving average is $557.00 and its two-hundred day moving average is $501.12.

Deere & Company (NYSE:DE - Get Free Report) last announced its earnings results on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, beating analysts' consensus estimates of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The business 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 earned $3.19 earnings per share. The business's revenue was up 17.5% compared to the same quarter last year. Analysts expect that Deere & Company will post 19.32 earnings per share for the current year.

Deere & Company Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Tuesday, March 31st will be given a dividend of $1.62 per share. This represents a $6.48 annualized dividend 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 presently 36.53%.

Insider Buying and Selling at Deere & Company

In other Deere & Company news, insider Cory J. Reed sold 12,000 shares of the company's stock in a transaction dated 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 transaction, the insider directly owned 20,792 shares in the company, valued at approximately $10,603,920. This represents a 36.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO John C. May II sold 41,472 shares of the firm's stock in a transaction dated 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 sale, the chief executive officer directly owned 117,970 shares in the company, valued at $59,160,775.30. This represents a 26.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.29% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

DE has been the topic of several recent research reports. Citigroup dropped their price target on Deere & Company from $675.00 to $625.00 and set a "neutral" rating on the stock in a research report on Monday. Sanford C. Bernstein increased their price objective on Deere & Company from $521.00 to $615.00 and gave the stock a "market perform" rating in a research report on Friday, February 20th. JPMorgan Chase & Co. lowered their target price 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 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 stock a "buy" rating in a report on Tuesday, March 3rd. Sixteen 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. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $644.70.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Advisortrust Partners LLC purchased a new position in shares of Deere & Company in the fourth quarter valued at $417,000. Corient Private Wealth LLC lifted its stake in Deere & Company by 76.4% in the 4th quarter. Corient Private Wealth LLC now owns 632,157 shares of the industrial products company's stock valued at $294,351,000 after buying an additional 273,842 shares in the last quarter. Union Savings Bank acquired a new stake in Deere & Company during the 4th quarter valued at $241,000. Hsbc Holdings PLC increased its position in Deere & Company by 7.8% during the fourth quarter. Hsbc Holdings PLC now owns 517,406 shares of the industrial products company's stock worth $241,224,000 after buying an additional 37,319 shares in the last quarter. Finally, Mengis Capital Management Inc. increased its position in Deere & Company by 6.8% during the fourth quarter. Mengis Capital Management Inc. now owns 27,120 shares of the industrial products company's stock worth $12,626,000 after buying an additional 1,730 shares in the last quarter. 68.58% of the stock is owned by hedge funds and other institutional investors.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana's 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027. Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana's 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026. Julia Letlow earned a doctorate. Letlow's career experience includes working as a senior administrator with the University of Louisiana at Monroe.

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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