New York State Teachers Retirement System Sells 6,206 Shares of Deere & Company $DE

New York State Teachers Retirement System decreased its holdings in Deere & Company (NYSE:DE) by 3.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 195,408 shares of the industrial products company’s stock after selling 6,206 shares during the period. New York State Teachers Retirement System’s holdings in Deere & Company were worth $89,352,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Deere & Company by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 22,372,671 shares of the industrial products company’s stock worth $11,376,279,000 after purchasing an additional 309,081 shares during the period. State Street Corp boosted its stake in shares of Deere & Company by 0.6% in the 2nd quarter. State Street Corp now owns 10,386,268 shares of the industrial products company’s stock worth $5,297,913,000 after buying an additional 64,262 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Deere & Company by 2.1% in the second quarter. Geode Capital Management LLC now owns 5,541,778 shares of the industrial products company’s stock worth $2,810,807,000 after acquiring an additional 111,627 shares during the period. Norges Bank purchased a new stake in Deere & Company during the second quarter valued at $1,578,243,000. Finally, Fisher Asset Management LLC lifted its holdings in Deere & Company by 10.1% in the second quarter. Fisher Asset Management LLC now owns 2,580,228 shares of the industrial products company’s stock valued at $1,312,020,000 after acquiring an additional 236,406 shares during the period. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Deere & Company Trading Down 2.6%

Shares of DE stock opened at $487.80 on Friday. The company has a current ratio of 2.22, a quick ratio of 2.01 and a debt-to-equity ratio of 1.68. The stock has a market capitalization of $131.92 billion, a price-to-earnings ratio of 26.35, a price-to-earnings-growth ratio of 1.87 and a beta of 1.00. Deere & Company has a 12-month low of $403.01 and a 12-month high of $533.78. The stock’s 50-day moving average price is $474.71 and its 200-day moving average price is $481.86.

Deere & Company (NYSE:DE) last released its quarterly earnings results on Wednesday, November 26th. The industrial products company reported $3.93 earnings per share for the quarter, missing the consensus estimate of $3.96 by ($0.03). Deere & Company had a net margin of 11.00% and a return on equity of 20.54%. The firm had revenue of $12.39 billion for the quarter, compared to analysts’ expectations of $9.77 billion. During the same quarter in the prior year, the business earned $4.55 EPS. The business’s quarterly revenue was up 14.1% compared to the same quarter last year. Equities research analysts predict that Deere & Company will post 19.32 EPS for the current fiscal year.

Deere & Company Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Wednesday, December 31st will be given a $1.62 dividend. This represents a $6.48 annualized dividend and a yield of 1.3%. The ex-dividend date is Wednesday, December 31st. Deere & Company’s payout ratio is currently 35.01%.

Insider Transactions at Deere & Company

In other Deere & Company news, CEO John C. May II sold 41,472 shares of the stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $501.49, for a total transaction of $20,797,793.28. Following the completion of the transaction, the chief executive officer owned 117,970 shares in the company, valued at $59,160,775.30. This trade represents a 26.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.29% of the stock is currently owned by insiders.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: Deere expanded its relationship with Tenna, a fleet- and asset-tracking partner, and analysts raised price targets after the deal — this boosts Deere’s connected-equipment and services revenue outlook, a higher-margin growth area investors favor. Deere & Company (DE) Expands with Tenna Deal, Analysts Lift Price Targets
• Positive Sentiment: Macro/sector catalysts gave Deere a lift recently — Barron’s notes a political/food-policy story (RFK Jr.’s new food pyramid) that helped drive demand for ag-related names, showing how headlines can produce short-term buying in cyclical farm-equipment stocks. Deere Stock Closed Above $500. RFK Jr.’s New Food Pyramid May Be Why.
• Neutral Sentiment: Analyst/market roundup pieces summarize mixed sentiment: some see Deere’s earnings power and services growth as supportive, while others flag valuation after a strong one‑year rally — useful context but not an immediate catalyst by itself. What Does the Market Think About Deere & Co?
• Neutral Sentiment: Market and price reports (e.g., Economic Times summary) recap recent trading and fundamentals; they reinforce that Deere’s revenue growth and services mix remain strengths but also highlight that the stock is no longer a deep-value cyclic and is trading closer to premium multiples. Deere (DE) share price
• Negative Sentiment: Insider selling: CEO John C. May II sold 41,472 shares (~$20.8M) on Jan. 8, reducing his stake ~26% — a notable insider disposition that can be interpreted negatively by the market even if sales are for diversification or tax-liability reasons. SEC filing: Form 4 filing
• Negative Sentiment: Reputational/strategic critique: a recent feature (Inc.) questions Deere’s long-term strategy and social implications of its technology/ecosystem approach — these debates can raise ESG or regulatory concerns for some investors, though they’re more likely to affect sentiment gradually than drive immediate fundamentals. Did John Deere Build the Future or a Cage?

Analyst Ratings Changes

A number of equities research analysts have issued reports on DE shares. Truist Financial boosted their price target on Deere & Company from $609.00 to $612.00 and gave the company a “buy” rating in a research note on Friday, November 28th. JPMorgan Chase & Co. decreased their price target on shares of Deere & Company from $480.00 to $460.00 and set a “neutral” rating on the stock in a research report on Friday, December 19th. Wall Street Zen downgraded shares of Deere & Company from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Wolfe Research upped their price objective on Deere & Company from $520.00 to $550.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. Finally, Citigroup lowered their target price on Deere & Company from $525.00 to $515.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Deere & Company currently has an average rating of “Moderate Buy” and an average price target of $524.20.

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.