Rep. Julie Johnson Sells Off Shares of Deere & Company (NYSE:DE)

Key Points

• Representative Julie Johnson sold shares of Deere & Company (NYSE:DE) valued between $1,001 and $15,000 on August 14th, as disclosed in a filing on September 11th.
• Deere & Company reported earnings of $4.75 per share for the latest quarter, exceeding estimates, but indicated a 9% decline in revenue compared to the previous year.
• The company announced a quarterly dividend of $1.62 per share, with a record date for stockholders on September 30th, representing an annual yield of 1.4%.

Representative Julie Johnson (D-Texas) recently sold shares of Deere & Company NYSE: DE. In a filing disclosed on September 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Deere & Company stock on August 14th. The trade occurred in the Representative's "CHASE BROKERAGE ACCOUNT (3935)" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Parker-Hannifin NYSE: PH on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 8/14/2025.
• Sold $1,001 - $15,000 in shares of ConocoPhillips NYSE: COP on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Dover NYSE: DOV on 8/14/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 8/14/2025.

Deere & Company Stock Performance

Shares of DE stock traded down $5.11 during trading hours on Friday, hitting $471.35. The stock had a trading volume of 1,764,539 shares, compared to its average volume of 1,246,319. The firm has a market capitalization of $127.42 billion, a PE ratio of 24.64, a PEG ratio of 3.02 and a beta of 1.00. Deere & Company has a twelve month low of $386.42 and a twelve month high of $533.78. The stock's 50 day moving average is $497.38 and its 200 day moving average is $490.39. The company has a debt-to-equity ratio of 1.76, a current ratio of 2.19 and a quick ratio of 1.98.

Deere & Company (NYSE:DE - Get Free Report) last posted its quarterly earnings data on Thursday, August 14th. The industrial products company reported $4.75 earnings per share for the quarter, beating the consensus estimate of $4.62 by $0.13. The business had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.33 billion. Deere & Company had a return on equity of 21.97% and a net margin of 11.72%.The company's revenue was down 9.0% compared to the same quarter last year. During the same period in the prior year, the company earned $6.29 earnings per share. As a group, research analysts forecast that Deere & Company will post 19.32 earnings per share for the current fiscal year.

Deere & Company Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 10th. Stockholders of record on Tuesday, September 30th will be issued a $1.62 dividend. This represents a $6.48 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 30th. Deere & Company's dividend payout ratio is presently 33.87%.

Wall Street Analyst Weigh In

DE has been the subject of several research analyst reports. Evercore ISI set a $491.00 price objective on Deere & Company in a report on Tuesday, August 19th. Citigroup cut their price target on Deere & Company from $550.00 to $525.00 and set a "neutral" rating for the company in a research note on Friday, May 30th. BMO Capital Markets restated a "market perform" rating and set a $460.00 price target (up previously from $425.00) on shares of Deere & Company in a research note on Wednesday, May 21st. Oppenheimer upped their price target on Deere & Company from $560.00 to $566.00 and gave the stock an "outperform" rating in a research note on Friday, August 15th. Finally, Truist Financial cut their price target on Deere & Company from $619.00 to $602.00 and set a "buy" rating for the company in a research note on Friday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Deere & Company presently has a consensus rating of "Moderate Buy" and an average target price of $520.87.

Institutional Investors Weigh In On Deere & Company

Institutional investors and hedge funds have recently bought and sold shares of the stock. Mid American Wealth Advisory Group Inc. purchased a new stake in Deere & Company in the 2nd quarter valued at approximately $25,000. Howard Hughes Medical Institute acquired a new stake in shares of Deere & Company during the second quarter valued at $27,000. Activest Wealth Management boosted its stake in shares of Deere & Company by 2,750.0% during the first quarter. Activest Wealth Management now owns 57 shares of the industrial products company's stock valued at $27,000 after acquiring an additional 55 shares during the last quarter. Hughes Financial Services LLC acquired a new stake in shares of Deere & Company during the first quarter valued at $29,000. Finally, Cornerstone Planning Group LLC boosted its stake in shares of Deere & Company by 116.1% during the first quarter. Cornerstone Planning Group LLC now owns 67 shares of the industrial products company's stock valued at $31,000 after acquiring an additional 36 shares during the last quarter. Hedge funds and other institutional investors own 68.58% of the company's stock.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

Deere & Company Company Profile

Deere & Co engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.

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