Rep. Lisa C. McClain Purchases Shares of Deere & Company (NYSE:DE)

Key Points

• Representative Lisa C. McClain purchased shares of Deere & Company (NYSE:DE) worth between $1,001 and $15,000 on June 24th, indicating confidence in the company amidst a recent sell-off.
• Deere & Company reported $4.75 EPS, exceeding analysts' expectations, despite a 9% year-over-year revenue decline.
• The company announced a quarterly dividend of $1.62, with a current yield of 1.3%, reflective of its 31.35% dividend payout ratio.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Deere & Company NYSE: DE. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Deere & Company stock on June 24th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Deere & Company Trading Down 1.5%

DE stock traded down $7.24 on Thursday, reaching $485.48. The company's stock had a trading volume of 208,082 shares, compared to its average volume of 1,361,000. The business has a fifty day simple moving average of $509.47 and a two-hundred day simple moving average of $490.15. Deere & Company has a 12-month low of $373.55 and a 12-month high of $533.78. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.98 and a current ratio of 2.19. The firm has a market cap of $131.48 billion, a PE ratio of 25.37, a PEG ratio of 3.13 and a beta of 1.06.

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

Deere & Company Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 8th. Investors of record on Monday, June 30th were paid a $1.62 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $6.48 dividend on an annualized basis and a yield of 1.3%. Deere & Company's dividend payout ratio (DPR) is presently 33.87%.

Institutional Investors Weigh In On Deere & Company

Several large investors have recently modified their holdings of the business. North Dallas Bank & Trust Co. bought a new position in Deere & Company in the second quarter worth about $1,042,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Deere & Company during the second quarter worth about $3,634,000. Newbridge Financial Services Group Inc. boosted its holdings in Deere & Company by 3,077.8% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,430 shares of the industrial products company's stock valued at $727,000 after purchasing an additional 1,385 shares during the last quarter. Marex Group plc acquired a new stake in Deere & Company during the second quarter worth about $756,000. Finally, Advisory Services Network LLC increased its holdings in shares of Deere & Company by 30.6% during the 2nd quarter. Advisory Services Network LLC now owns 23,795 shares of the industrial products company's stock valued at $12,478,000 after purchasing an additional 5,580 shares in the last quarter. Institutional investors own 68.58% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Melius raised shares of Deere & Company from a "hold" rating to a "buy" rating in a research note on Friday, June 6th. Truist Financial decreased their target price on Deere & Company from $619.00 to $602.00 and set a "buy" rating for the company in a research report on Friday, August 15th. DA Davidson lowered their price target on Deere & Company from $595.00 to $580.00 and set a "buy" rating on the stock in a report on Monday. JPMorgan Chase & Co. raised their price objective on shares of Deere & Company from $490.00 to $540.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Finally, Raymond James Financial boosted their price target on Deere & Company from $530.00 to $560.00 and gave the company an "outperform" rating in a report on Friday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $523.87.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.