Deere & Co. DE, doing business as, John Deere, might be famous for its green tractors, but it's seeing red as news broke of a $9.93 million settlement with the SEC.The charge? Violations of the Foreign Corrupt Practices Act through improper payments made by its subsidiary, Wirtgen Thailand, to foreign officials, including those from Thailand's Royal Air Force, reported Reuters.The stock has been dragging too, down 4.49% YTD and 4.37% over the last year. But despite the legal drama, Deere's fundamentals may ...

PM Images We are always on the lookout for dividend increases. Whether it is on our website or social media platforms, we are always sharing dividend increase news. In this article, we are featuring 6 expected dividend increases in September 2024. You won't want to miss it! Why do we suspect these companies are going to announce a dividend increase in September? The dividend stocks featured in this article all have a history of announcing their annual dividend increases in September. The funny thing abo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 28, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission file no: 1-4121 DEERE & COMPANY (Exact name of registrant as specified in its charter) Delaware (State of incorporation) 36-2382580 (IR ...

Dmytro Synelnychenko/iStock via Getty Images Introduction Is the U.S. about to enter a recession? Going into this month, that seemed to be the consensus, as poor nonfarm payroll numbers caused investors to believe the Fed may have gone too far by keeping rates too high for too long. For most market participants, predicting the next recession is similar to sports bettors predicting the winner of the Super Bowl. However, just like predicting the Super Bowl, predicting a recession is tough. On August 13, Ben C ...

OSAGE, IOWA - AUGUST 10: John Deere farm equipment is offered for sale at a dealership on August 10, ... [+] 2024 in Osage Iowa. (Photo by Scott Olson/Getty Images)Getty ImagesDeere (NYSE: DE) recently reported its Q3 fiscal 2024 results (fiscal ends in October), with revenues and earnings exceeding the street estimates. The company reported equipment revenue of $11.8 billion and earnings of $6.29 per share, compared to the consensus estimates of $10.9 billion and $5.68, respectively. Following the Q3 beat, ...

As murky as the outlook for farming and construction equipment is, Deere & Company's DE operational quality and capital return have its stock price on track to hit a fresh high soon. The critical details from the Q3 release include top and bottom-line strengths, favorable guidance despite challenging conditions, robust capital return, and a pledge to continue working on costs.  The takeaway is that Deere & Company's business contraction is severe but not as bad as expected, and the company is healthy enough ...

Deere is a cyclical stock worth holding through market cycles.Deere (DE 1.25%) stock has been under pressure as the peak of its earnings boom seems to be over. However, the agriculture, construction, and forestry original equipment manufacturer is still delivering impeccable results that have far exceeded pre-pandemic levels.Here's why Deere is an excellent dividend stock to buy around its two-year low, even if earnings growth clocks lower in the future. Deere is coming off a historic boomThe best way to ap ...

Scott Olson John Deere (NYSE:DE) reported Q3 results yesterday, delivering a double-digit beat vs consensus EPS and affirming its full year guidance of ~$7B in net income. Following several subsequent guidance downgrades in the previous quarters, this in our view removes a major overhang for shares. With valuation remaining cheap, this should drive shares to reprice on an expected 2025 agri cycle recovery, as argued by us in our initiation note. While retaining company-level guidance, management lowered ...

Deere & Company TodayDEDeere & Company$372.25 -1.01 (-0.27%) 52-Week Range$340.20▼$425.42Dividend Yield1.58%P/E Ratio11.21Price Target$422.78Add to WatchlistDeere & Company NYSE: DE shares bounced upward by more than 6% following a better-than-expected fiscal third-quarter earnings report, although the company continues to face significant industry headwinds. Cost-cutting measures have been successful insofar as the maker of agricultural and forestry equipment maintained its profit outlook for the year. How ...

Deere & Co DE reported better-than-expected third-quarter results and reaffirmed its net income 2024 outlook on Thursday.The company's net sales and revenue declined 17% year-over-year to $13.152 billion, beating the consensus of $10.944 billion. Deere clocked an EPS of $6.29, down from $10.20 YoY, beating the consensus of $5.85.During the quarter, the company initiated involuntary employee-separation programs across several regions, aiming to streamline operations. The programs incurred $124 million in pre ...