147.20 0.00 (0.00%)
After hours: 5:15PM EDT
|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's Range||145.71 - 151.06|
|52 Week Range||127.53 - 175.26|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||23.03|
|Earnings Date||Nov 21, 2018|
|Forward Dividend & Yield||2.76 (1.82%)|
|1y Target Est||173.50|
Pasadena, CA, based Investment company Bender Robert & Associates buys Deere during the 3-months ended 2018-09-30, according to the most recent filings of the investment company, Bender Robert & Associates....
On October 10, Caterpillar (CAT) declared its latest quarterly dividend. Caterpillar has been paying dividends since 1933. Caterpillar has also announced the key dates for its third-quarter dividend payment.
The court in Izmir convicted Brunson, 50, an evangelical pastor from North Carolina, and sentenced him to three years, 1 month and 15 days in jail, but lifted all judicial controls and released him after accounting for penalty reductions and time served. Brunson had been accused of collaborating with terrorist groups and participating in a 2016 coup attempt in Turkey.
The company has more than 75 defined benefit plans in 27 countries. 3M’s pension benefit plans are calculated based on an employee’s years of service, compensation, and age at the point of retirement. 3M closed its primary defined pension benefits plan to new participants effective January 1, 2009.
In a press release from Caterpillar (CAT) on October 4, the company said that it was ranked 82nd in the latest Interbrand global brand top 100 rankings. In 2018, Caterpillar appeared in Interbrand’s rankings for the 17th consecutive year. Caterpillar has also been ranked as a top ten growing brand with an 18% increase for the year. Caterpillar remained positive for the week.
On October 2, Deere (DE) announced senior leadership changes. The company’s senior management will undergo a planned retirement at the end of 2018. The changes will be effective on November 15.
One of the companies that often acts as a measuring stick for the entire agriculture industry is Deere & Company (DE). The company consists of two divisions: Agriculture & Turf and Construction & Forestry. Among the products that Deere offers are large agriculture and construction equipment, engines and lawn, garden and landscaping products.
MOLINE, Ill., Oct. 4, 2018 /PRNewswire/ -- John Deere has again earned a spot among the world's most valuable brands in an annual ranking completed by Interbrand, a leading brand consulting firm. John Deere is ranked 88th in the Best Global Brands research announced today, moving up 4 spots from a year ago. Interbrand estimates the John Deere brand to now be worth approximately $5.4 billion.
Investing.com - Aluminum company Alcoa (NYSE:AA) jumped in midday trading, while cannabis and industrial stocks also rallied.
The forthcoming retirement of Max Guinn leads to changes involving four other members of the leadership team at the company.
"We are taking this opportunity to realign the senior management team to improve efficiency, further develop leadership talent, and more effectively align the organization in support of the company's business strategy," said Samuel R. Allen, Chairman and Chief Executive Officer. Max A. Guinn, 60, will retire as President, Worldwide Construction & Forestry Division. James M. Field, 55, is appointed President, Worldwide Construction & Forestry Division.
On September 26, Deere (DE) announced that it completed the acquisition of PLA. Deere entered the definitive agreement to acquire PLA in July. Deere didn’t disclose the financial aspects of the takeover.
Deere's (DE) PLA acquisition will help the former provide innovative, cost-effective equipment, technology and services to customers.
In the previous part of this series, we looked at Deere’s (DE) stock performance in 2018 so far. As of September 24, Deere’s one year forward PE multiple was 13.3x. Caterpillar (CAT) had a PE multiple of 12.3x.
MOLINE, Ill. , Sept. 26, 2018 /PRNewswire/ -- Deere & Company (NYSE: DE) has completed its acquisition of PLA. In July, Deere said it signed a definitive agreement to purchase the manufacturer of sprayers, ...
The 13F filings from June 30 indicate that institutional investors own ~67.1% of Deere’s (DE) outstanding shares. At the end of DE’s fiscal third quarter, DE had 328 million outstanding shares, and 220.2 million of them were held by institutions. Of the 1,282 institutional investors that held DE, 504 increased their positions, 538 reduced their positions, and 240 maintained their positions. Overall, the institutional investors remained net buyers as per the 13F filings by institutional investors.
The analysts’ consensus for Deere indicates a target price of $172.8, which implies a return potential of 14% over the closing price as of September 24, 2018. Deere is countering this issue with price hikes for its products.
A report from August 31 indicated that Deere’s (DE) short interest has fallen significantly to its lowest levels in 2018, which indicates that negative sentiments for the stock have declined. DE’s short interest as a percentage of its outstanding shares fell from 2.81% at the beginning of the year to the current 1.72%. Deere’s stock price, which declined significantly from $154 in June to $137 in July, resulted in the covering of the short and a decline of the short interest in Deere stock.
As of September 24, Deere’s (DE) dividend yield stood at ~1.76% and is showing signs of a declining trend. DE’s current dividend yield is down by ten basis points as compared to the dividend yield at the end of Q2 2018. DE’s dividend yield in the previous quarter showed recovery signs due to the increased dividend rate and was also helped by the decline in the stock price.
Deere (DE) has underperformed the broader market S&P 500 (SPY) this year. As of September 24, Deere has fallen 3.2% YTD but has managed to outperform peers AGCO (AGCO) and CNH Industrial (CNHI), which have fallen 15.7% and 6.7%, respectively. However, it has underperformed Caterpillar (CAT) marginally. CAT is down by 2.3% on a year-to-date basis.