Deere & Company (DE) has seen a series of contrasts in market performance, as it experiences downsides despite overall market gains. Highlights indicate multiple purchases by investment management firms such as
Tradewinds LLC., Summit Financial LLC, Schroder Investment Management Group, Mawer Investment Management Ltd and
KLP Kapitalforvaltning AS. Despite recent stock sales, entities including
Huntington National Bank and
Edmond DE Rothschild Holding S.A have also made noticeable investments.
Bill Gates has prominently featured Deere in his portfolio, which has triggered speculation about the stock's future performance. Deere has had several earnings calls showing mixed results, with Q4 earnings beating estimates but sales falling due to low volumes. The firm's profitability remains questioned amidst sliding sales and a grim forecast for farming machinery. Nevertheless, the company has raised its dividends and bolstered shareholder returns. The stock has also surged owing to robust earnings performance, sparking debates about its valuation and the potential for future upside.
However, the stock remains affected by factors such as
cyclical pressures and
tariffs, still dictating cautious investment.
Deere Stocks DE News Analytics from Wed, 10 Jul 2024 07:00:00 GMT to Sat, 05 Apr 2025 20:49:46 GMT -
Rating 2
- Innovation 7
- Information 9
- Rumor 4
