Sun Financial Inc Purchases New Shares in Deere & Company $DE

Sun Financial Inc purchased a new stake in Deere & Company (NYSE:DE) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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 bought and sold shares of DE. M&T Bank Corp raised its position in Deere & Company by 1,199.8% in the 4th quarter. M&T Bank Corp now owns 1,864,701 shares of the industrial products company’s stock valued at $868,149,000 after buying an additional 1,721,239 shares during the last quarter. Van ECK Associates Corp raised its position in Deere & Company by 278.0% in the 3rd quarter. Van ECK Associates Corp now owns 487,697 shares of the industrial products company’s stock valued at $223,005,000 after buying an additional 358,687 shares during the last quarter. Invesco Ltd. raised its position in Deere & Company by 21.7% in the 3rd quarter. Invesco Ltd. now owns 1,815,007 shares of the industrial products company’s stock valued at $829,930,000 after buying an additional 323,512 shares during the last quarter. Capital World Investors raised its position in Deere & Company by 5.5% in the 3rd quarter. Capital World Investors now owns 6,233,740 shares of the industrial products company’s stock valued at $2,850,687,000 after buying an additional 322,582 shares during the last quarter. Finally, Two Sigma Investments LP purchased a new stake in Deere & Company in the 3rd quarter valued at $143,519,000. 68.58% of the stock is owned by hedge funds and other institutional investors.

Deere & Company Trading Up 0.2%

Shares of Deere & Company stock opened at $578.26 on Monday. Deere & Company has a 1 year low of $433.00 and a 1 year high of $674.19. The firm has a market cap of $156.19 billion, a PE ratio of 32.60, a P/E/G ratio of 2.01 and a beta of 0.96. The stock has a fifty day moving average price of $590.37 and a 200-day moving average price of $530.04. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96.

Deere & Company (NYSE:DE) last announced its earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.52. The firm had revenue of $9.61 billion during the quarter, compared to analyst estimates of $7.50 billion. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The business’s revenue was up 17.5% compared to the same quarter last year. During the same period last year, the firm posted $3.19 EPS. Equities research analysts anticipate that Deere & Company will post 18.01 EPS for the current year.

Deere & Company Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $1.62 per share. The ex-dividend date is Tuesday, March 31st. This represents a $6.48 annualized dividend and a dividend yield of 1.1%. Deere & Company’s dividend payout ratio is presently 36.53%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on DE. Royal Bank Of Canada increased their price target on Deere & Company from $541.00 to $736.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. Jefferies Financial Group raised Deere & Company from an “underperform” rating to a “hold” rating and set a $550.00 target price for the company in a research report on Wednesday, April 8th. Oppenheimer reaffirmed an “outperform” rating and set a $715.00 target price on shares of Deere & Company in a research report on Friday, February 20th. DA Davidson raised their target price on Deere & Company from $580.00 to $775.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Finally, Wells Fargo & Company raised their target price on Deere & Company from $543.00 to $750.00 and gave the company an “overweight” rating in a research 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 stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $655.45.

Deere & Company News Roundup

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 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.